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Posted on: August 12, 2019

Notice of 2019 Tax Year Proposed Tax Rate

A tax rate of $0.375120 per $100 valuation has been proposed for adoption by the governing body of City of Roanoke, TX. 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 governing body of City of Roanoke, TX proposes to use revenue attributable to the tax rate increase for the purpose of PAYING MAINTENANCE AND OPERATIONS AS IT RELATES TO PUBLIC SAFETY, COMMUNITY SERVICES, COMMUNITY DEVELOPMENT, AND GENERAL MUNICIPAL GOVERNMENT AND ADMINISTRATIVE FUNCTIONS..


PROPOSED TAX RATE$0.375120 per $100
PRECEDING YEAR'S TAX RATE$0.375120 per $100
EFFECTIVE TAX RATE$0.360303 per $100
ROLLBACK TAX RATE$0.375149 per $100


The effective tax rate is the total tax rate needed to raise the same amount of property tax revenue for City of Roanoke, TX from the same properties in both the 2018 tax year and the 2019 tax year.

 

The rollback tax rate is the highest tax rate that City of Roanoke, TX 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:

VICKI RODRIQUEZ 

DIRECTOR OF FISCAL AND ADMIN SERVICES 500 S. OAK STREET, ROANOKE TX 76262 817-491-2411

VRODRIQUEZ@ROANOKETEXAS.COM WWW.ROANOKETEXAS.COM


You are urged to attend and express your views at the following public hearings on the proposed tax rate: First Hearing: August 20, 2019 at 7:00 PM at Roanoke City Hall, 500 S. Oak Street, Roanoke, TX 76262. Second Hearing: August 27, 2019 at 7:00 PM at Roanoke City Hall, 500 S. Oak Street, Roanoke, TX 76262.


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