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The original item was published from 7/29/2021 9:34:10 AM to 7/29/2021 12:36:37 PM.

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Public Notices

Posted on: July 29, 2021

[ARCHIVED] Public Hearing on Proposed FY 2022 Budget & Tax Increase

Public Notice

Notice is hereby given that the Abilene City Council will hold a Public Hearing to consider the following on Thursday, August 12, 2021, at 8:30 a.m. in the City Council Chambers, City Hall, 555 Walnut Street, Abilene, Texas. 

Notice of Public Hearing on Proposed FY 2022 Budget

The City of Abilene will hold a public hearing on the Proposed FY 2022 budget. This budget will raise more total property taxes than last year’s budget by $2,261,560 or 4.4%, and of that amount, $869,123 is tax revenue to be raised from new property added to the tax roll this year. 

Shawna Atkinson, City Secretary, City of Abilene

Download full notice (PDF)

Notice of Public Hearing on Tax Increase

A tax rate of $.7851 per $100 valuation has been proposed by the governing body of the City of Abilene.

  • PROPOSED TAX RATE - $.7851 per $100
  • NO-NEW-REVENUE TAX RATE - $.7584 per $100
  • VOTER-APPROVAL TAX RATE - $.8045 per $100

The no-new-revenue tax rate is the tax rate for the 2021 tax year that will raise the same amount of property tax revenue for the City of Abilene from the same properties in both the 2020 tax year and the 2021 tax year.

The voter-approval rate is the highest tax rate that the City of Abilene may adopt without holding an election to seek voter approval of the rate.

The proposed tax rate is greater than the no-new-revenue tax rate. This means that the City of Abilene is proposing to increase property taxes for the 2021 tax year.

A PUBLIC HEARING ON THE PROPOSED TAX RATE WILL BE HELD ON August 12, 2021 at 8:30 a.m. at the Abilene City Hall Council Chambers, 555 Walnut Street.

The proposed tax rate is not greater than the voter-approval tax rate.  As a result, the City of Abilene is not required to hold an election at which voters may accept or reject the proposed tax rate.  However, you may express your support for or opposition to the proposed tax rate by contacting the members of the City Council of the City of Abilene at their offices or by attending the public hearing mentioned above.

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

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

  • FOR the proposal: Mayor Anthony Williams, Councilman Weldon Hurt, Councilman Kyle McAlister, Councilman Travis Craver, Councilman Shane Price, Councilman Lynn Beard, and Councilwoman Donna Albus
  • AGAINST the proposal: none
  • PRESENT and not voting: none
  • ABSENT: none

 Notice of Public Hearing on Tax Increase

The 86th Legislature modified the manner in which the voter-approval tax rate is calculated to limit the rate of growth of property taxes in the state.

The following table compares the taxes imposed on the average residence homestead by the City of Abilene last year to the taxes proposed to the be imposed on the average residence homestead by the City of Abilene this year.

 

2020

2021

Change

Total tax rate (per $100 of value)

$.7877

$.7851

($.0026) or (.3%)

Average homestead taxable value

$119,207

$128,279

$9,072 or 7.6%

Tax on average homestead

$939

$1,007

$68 or 7.2%

Total tax levy on all properties

$47,407,605

$48,707,721

$1,300,116 or 2.7%

 

For assistance with tax calculations, please contact the tax assessor for the City of Abilene at (325) 676-9381 or earnest@cadtx.org, or visit www.taylor-cad.org for more information.

Download full notice (PDF)

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