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NOTICE OF PUBLIC HEARING
Fiscal Year 2018-2019 TAX RATE
NOTICE IS HEREBY GIVEN that the Bartonville Town Council will conduct two Public Hearings on the Fiscal Year 2018-2019 tax rate at 7:00 p.m. on Monday, August 13, 2018, and at 7:00 p.m. on Tuesday, September 4, 2018, in the Town Council Chambers of Bartonville Town Hall, 1941 East Jeter Road, Bartonville, Texas. All interested parties are encouraged to attend.
Final adoption of the Fiscal Year 2018-2019 tax rate will be considered at the regularly scheduled Town Council monthly meeting at 7:00 p.m., on Tuesday, September 18, 2018.
THIS TAX RATE WILL RAISE MORE TAXES FOR MAINTENANCE AND OPERATIONS THAN LAST YEAR’S TAX RATE.
THE TAX RATE WILL EFFECTIVELY BE RAISED BY 5.05 PERCENT AND WILL RAISE TAXES FOR MAINTENANCE AND OPERATIONS ON A $100,000 HOME BY APPROXIMATELY $50.49.
The Fiscal Year 2018-2019 Proposed Budget recommends a proposed tax rate of $0.192940 per $100 valuation. Although the proposed tax rate is the same as last year’s tax rate, the Town is required to publish the language above since the Town’s proposed tax rate exceeds the effective tax rate.