NOTICE OF 2014 TAX YEAR PROPOSED
PROPERTY TAX RATE FOR CITY OF CENTER

A tax rate of $0.530000 per $100 valuation has been proposed for adoption by the governing body of City of Center. This rate exceeds the lower of the effective or rollback tax rate, and state law requires that two public hearings be held by the governing body before adopting the proposed tax rate.

The effective tax rate is the total tax rate needed to raise the same amount of property tax revenue for City of Center from the same properties in both the 2013 tax year and the 2014 tax year.

The rollback tax rate is the highest tax rate that City of Center may adopt before voters are entitled to petition for an election to limit the rate that may be approved to the rollback rate.

YOUR TAXES OWED UNDER ANY OF THE ABOVE RATES CAN BE CALCULATED AS FOLLOWS:

property tax amount= (rate) x (taxable value of your property)/100

For assistance or detailed information about tax calculations, please contact:

You are urged to attend and express your views at the following public hearings on the proposed tax rate:

First Hearing: August 25, 2014 at 05:00 PM at Center City Hall 617 Tenaha Street Center, Texas.

Second Hearing: September 8, 2014 at 05:00 PM at Center City Hall 617 Tenaha Street Center, Texas.