Temple College will hold a public hearing on a proposal to increase total tax revenues from properties on the tax roll in the preceding tax year by 32.82%. Your individual taxes may increase at a greater or lesser rate, or even decrease, depending on the change in the taxable value of your property in relation to the change in taxable value of all other property and the tax rate that is adopted.
The public hearing will be held Aug. 30, 2021, at 6 p.m. in the Louise L. Cox Board Room, Nigliazzo Administration Bldg. Room 916, 2600 S. 1st Street, Temple, Texas.
The proposed tax rate is not greater than the voter-approved tax rate. As a result, Temple College 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 Board of Trustees of Temple College 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
The members of the governing body who voted on the proposal to consider the tax increase are as follows:
FOR: J. Harry Adams, Andrejs Avots-Avotins, John R. Bailey, Bob Browder, Katie Burrows, Lydia Santibanez
PRESENT and not voting: None
ABSENT: Alejandro C. Arroliga, Larry Wilkerson, Stephen H. Niemeier
The 86th Texas 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 average taxable value of a residence homestead in the Temple College taxing district last year was $134,798. Based on last year’s tax rate of $0.1837 per $100 of taxable value, the amount of taxes imposed last year on the average home was $247.62.
The average taxable value of a residence homestead in the TEMPLE COLLEGE taxing district this year is $147,691. If the governing body adopts the No New Revenue tax rate for this year of $0.1708 per $100 of taxable value, the amount of taxes imposed this year on the average home would be $252.26.
If the governing body adopts the proposed tax rate of $0.2237 per $100 of taxable value, the amount of taxes imposed this year on the average home would be $330.38.
Members of the public are encouraged to attend the hearing and express their views.
* “Appraised value” is the amount shown on the appraisal roll and defined by Section 1.04(8), Tax Code.
** “New property” is defined by Section 26.012(17), Tax Code.
*** “Taxable value” is defined by Section 1.04(10), Tax Code.