Truth in Taxation
Tax Notices 2026
Notice About 2026 Tax Rates Property tax rates in Houston City College.
This notice concerns the 2026 property tax rates for Houston City College. This notice provides information about two tax rates used in adopting the current tax year's tax rate. The no-new-revenue tax rate would impose the same amount of taxes as last year if you compare properties taxed in both years. In most cases, the voter-approval tax rate is the highest tax rate a taxing unit can adopt without holding an election. In each case, these rates are calculated by dividing the total amount of taxes by the current taxable value with adjustments as required by state law. The rates are given per $100 of property value.
This year's no-new-revenue tax rate $0.097835/$100
This year's voter-approval tax rate $0.105514/$100
To see the full calculations, please visit HCC Truth in Taxation webpage for a copy of the Tax Rate Calculation Worksheet.
Unencumbered Fund Balance
The following estimated balances will be left in the taxing unit's accounts at the end of the fiscal year. These balances are not encumbered by corresponding debt obligation.
| Type of Fund | Balance |
|---|---|
| $0 | $0 |
Current Year Debt Service
The following amounts are for long-term debts that are secured by property taxes. These amounts will be paid from upcoming property tax revenues (or additional sales tax revenues, if applicable).
| Description of Debt | Principal or Contract Payment to be Paid from Property Taxes | Interest to be Paid from Property Taxes | Other Amounts to be Paid | Total Payment |
|---|---|---|---|---|
| Limited Tax Refunding Bonds, Series 2016 | $0 | $699,700 | $0 | $699,700 |
| Limited Tax Refunding Bonds, Series 2020 | $0 | $1,499,300 | $0 | $1,499,300 |
| Limited Tax Refunding Bonds, Series 2021A | $8,885,000 | $333,875 | $0 | $9,218,875 |
| Limited Tax Refunding Bonds, Series 2021B | $5,890,000 | $7,823,486 | $0 | $13,713,486 |
| Maintenance Tax Refunding Bonds, Series 2016 | $3,400,000 | $264,000 | $0 | $3,664,000 |
| Maintenance Tax Refunding Bonds, Series 2020 | $2,870,000 | $380,500 | $0 | $3,250,500 |
| Maintenance Tax Refunding Bonds, Series 2021A | $3,155,000 | $795,875 | $0 | $3,950,875 |
| Description of Debt | Total |
|---|---|
| Total required for 2025 debt service | $35,996,736 |
| − Amount (if any) paid from funds listed in unencumbered funds | $0 |
| − Amount (if any) paid from other resources | $0 |
| − Excess collections last year | $0 |
| = Total to be paid from taxes in 2026 | $35,996,736 |
| + Amount added in anticipation that the unit will collect only 97.07% of its taxes in 2026 | $1,086,539 |
| = Total debt levy | $37,083,275 |
This notice contains the actual no-new-revenue and voter-approval calculations as certified by Robert McCracken, Vice Chancellor Administration & Operations on 08/07/2026. Note that this is a preliminary calculation using the July estimated values provided by the counties. HCC uses the certified values to calculate its tax rate. This document will be updated once the August certified values are received.
Visit Texas.gov/PropertyTaxes to find a link to your local property tax database on which you can easily access information regarding your property taxes, including information about proposed tax rates and scheduled public hearings of each entity that taxes your property.
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.
View the 2026 Tax Rate Calculation Worksheet.
| Tax Year | Fiscal Year | Maintenance and Operations | Debt Service | Total Tax Rate | Taxable Assessed Value (in Millions) |
|---|---|---|---|---|---|
| 2021 | 2021-2022 | $0.081340 | $0.017752 | $0.099092 | $231,007 |
| 2022 | 2022-2023 | $0.079192 | $0.016377 | $0.095569 | $255,509 |
| 2023 | 2023-2024 | $0.077451 | $0.014780 | $0.092231 | $281,596 |
| 2024 | 2024-2025 | $0.081632 | $0.014551 | $0.096183 | $284,965 |
| 2025 | 2025-2026 | $0.085585 | $0.013217 | $0.098802 | $292,698 |
| Tax Year | Fiscal Year | Maintenance and Operations | Debt Service | Total Budgeted Tax Revenue |
|---|---|---|---|---|
| 2022 | 2022-2023 | $189,959 | $40,972 | $230,932 |
| 2023 | 2023-2024 | $205,736 | $40,504 | $246,240 |
| 2024 | 2024-2025 | $224,386 | $39,996 | $264,383 |
| 2025 | 2025-2026 | $242,339 | $37,425 | $279,764 |
| 2026 | 2026-2027 | $250,157 | $35,996 | $286,153 |
| Exemption Type | Tax Year 2022 | Tax Year 2023 | Tax Year 2024 | Tax Year 2025 | Current Approved Tax Year 2026 |
|---|---|---|---|---|---|
| Over 65 or Disabled | $120,000 | $135,000 | $135,000 | $135,000 | $135,000 |
| Homestead | $5,000 or 15% of appraised value (whichever is greater) | $5,000 or 17% of appraised value (whichever is greater) | $5,000 or 17% of appraised value (whichever is greater) | $5,000 or 17% of appraised value (whichever is greater) | $5,000 or 17% of appraised value (whichever is greater) |
| Revenues | FY26 Budget Adjusted Budget | FY27 Approved Budget | Dollar Change | Percent Change |
|---|---|---|---|---|
| State Appropriations | 72,939 | 76,573 | 3,634 | 5% |
| Ad Valorem Taxes | 242,337 | 250,157 | 7,820 | 3% |
| Tuition & Fees, Net | 122,006 | 155,227 | 33,221 | 27% |
| Other Local Income | 20,056 | 17,205 | (2,851) | -14% |
| Total Operating Revenue | $457,338 | $499,162 | $41,824 | 9% |
| Fund Balance Use | $22,269 | $10,444 | (11,825) | -53% |
| Total Operating Revenue plus Fund Balance Use | $479,607 | $509,606 | $29,999 | 6% |
| Expenses | FY26 Budget Adjusted Budget | FY27 Approved Budget | Dollar Change | Percent Change |
|---|---|---|---|---|
| Salaries & Benefits | 299,154 | 329,382 | 30,228 | 10% |
| Other (Non-Payroll) | 116,421 | 129,895 | 13,474 | 12% |
| Transfers | 35,736 | 24,362 | (11,374) | -32% |
| Debt Service | 16,798 | 14,469 | (2,329) | -14% |
| Scholarships | 11,498 | 11,498 | - | 0% |
| Total Operating Expenses | $479,607 | $509,606 | $29,999 | 6% |
| Total Net Revenue/Expense | $- | $- | $- | — |
| Trustee | District | Term of Service | Term Expires |
|---|---|---|---|
| Monica Flores Richart 3100 Main Street, Room 12D13 Houston, Texas 77002 713.718.7432 or 713.718.8398 Email: monica.richart@hccs.edu |
District I | 01/01/2020-Present | 12/31/2031 |
| Renee Jefferson Patterson 3100 Main Street, Room 12D13 Houston, Texas 77002 713.718.7411 or 713.718.8398 Email: renee.patterson@hccs.edu |
District II | 02/05/2025-12/31/2025* 01/01/2026-Present |
12/31/2031 |
| Dr. Adriana Tamez 3100 Main Street, Room 12D13 Houston, Texas 77002 713.718.7446 or 713.718.8398 Email: adriana.tamez2@hccs.edu |
District III | 01/01/2014-Present | 12/31/2027 |
| Laolu Davies-Yemitan 3100 Main Street, Room 12D13 Houston, Texas 77002 713.718.7418 or 713.718.8398 Email: laolu.davies@hccs.edu |
District IV | 01/01/2024-Present | 12/31/2029 |
| Sean Cheben 3100 Main Street, Room 12D13 Houston, Texas 77002 713.718.7434 or 713.718.8398 Email: sean.cheben@hccs.edu |
District V | 01/01/2024-Present | 12/31/2029 |
| David Wilson 3100 Main Street, Room 12D13 Houston, Texas 77002 713.718.7420 or 713.718.8398 Email: dave.wilson@hccs.edu |
District VI | 01/01/2022-Present | 12/31/2027 |
| Dr. Cynthia Lenton-Gary 3100 Main Street, Room 12D13 Houston, Texas 77002 713.718.7439 or 713.718.8398 Email: cynthia.lentongary@hccs.edu |
District VII | 01/01/2020-Present | 12/31/2031 |
| Eva L. Loredo 3100 Main Street, Room 12D13 Houston, Texas 77002 713.718.7428 or 713.718.8398 Email: eva.loredo@hccs.edu |
District VIII | 01/01/2010-Present | 12/31/2027 |
| Dr. Pretta VanDible Stallworth 3100 Main Street, Room 12D13 Houston, Texas 77002 713.718.7443 or 713.718.8398 Email: pretta.vandible@hccs.edu |
District IX | 01/01/2018-Present | 12/31/2029 |
*Appointed to fill unexpired term.
Tax Notices 2025
Houston City College ADOPTED A TAX RATE THAT WILL RAISE MORE TAXES FOR MAINTENANCE AND OPERATIONS THAN LAST YEAR'S TAX RATE.
THE TAX RATE WILL EFFECTIVELY BE RAISED BY 7.31 PERCENT AND WILL RAISE TAXES FOR MAINTENANCE AND OPERATIONS ON A $100,000 HOME BY APPROXIMATELY $3.96.
The adopted tax rate is greater than the No-New-Revenue rate. Houston City College’s adopted total tax rate is a 2.7% increase compared to last year’s tax rate. 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 properties and the tax rate that is adopted.
As shown in the chart below, the adopted tax rate of $0.098802 is the total of the Maintenance and Operations (M & O) tax rate of $0.085585 and the Debt Service tax rate of $0.013217.
| Tax Rate | 2025 Adopted Tax Rate | 2024 Adopted Tax Rate | Delta | Delta % |
|---|---|---|---|---|
| M&O | $ 0.085585 | $ 0.081632 | $ 0.003953 | 4.8% |
| Debt | 0.013217 | 0.014551 | (0.001334) | -9.2% |
| Total Rate | $ 0.098802 | $ 0.096182 | $ 0.002620 | 2.7% |
The debt service tax rate is lower than last year’s rate as the principal and interest payments for fiscal year 2026 are lower than the amounts due in fiscal year 2025.
Property tax rates in Houston City College.
This notice concerns the 2025 property tax rates for Houston City College. This notice provides information about two tax rates used in adopting the current tax year's tax rate. The no-new-revenue tax rate would Impose the same amount of taxes as last year if you compare properties taxed in both years. In most cases, the voter-approval tax rate is the highest tax rate a taxing unit can adopt without holding an election. In each case, these rates are calculated by dividing the total amount of taxes by the current taxable value with adjustments as required by state law. The rates are given per $100 of property value.
This year's no-new-revenue tax rate $0.093484/$100
This year's voter-approval tax rate $0.099349/$100
To see the full calculations, please visit the truth in taxation site for a copy of the Tax Rate Calculation Worksheet.
Unencumbered Fund Balance
The following estimated balances will be left in the taxing unit's accounts at the end of the fiscal year. These balances are not encumbered by corresponding debt obligation.
| Type of Fund | Balance |
|---|---|
| - | 0 |
Current Year Debt Service
The following amounts are for long-term debts that are secured by property taxes. These amounts will be paid from upcoming property tax revenues (or additional sales tax revenues, if applicable).
| Description of Debt | Principal or Contract Payment to be Paid from Property Taxes |
Interest to be Paid from Property Taxes |
Other Amounts to be Paid |
Total Payment |
|---|---|---|---|---|
| Limited Tax Refunding | 0 | 699,700 | 0 | 699,700 |
| Bonds, Series 2016 Limited Tax Refunding |
0 | 1,499,300 | 0 | 1,499,300 |
| Bonds, Series 2020 Limited Tax Refunding |
8,450,000 | 767,250 | 0 | 9,217,250 |
|
Bonds, Series 2021A |
7,545,000 |
8,159,361 |
0 |
15,704,361 |
|
Bonds, Series 2021B |
3,235,000 |
429,875 |
0 |
3,664,875 |
|
Bonds, Series 2016 |
2,735,000 |
520,625 |
0 |
3,255,625 |
|
Bonds, Series 2020 |
3,005,000 |
381,250 |
0 |
3,86,250 |
|
Bonds, Series 2021A |
|
Item |
Amount |
|---|---|
|
Total required for 2025 debt service |
$37,427,361 |
|
- Amount (if any) paid from funds listed in |
$0 |
|
- Amount (if any) paid from other resources |
$0 |
|
- Excess collections last year |
$0 |
|
= Total to be paid from taxes in 2025 |
$37,427,361 |
|
+ Amount added in anticipation that the unit will |
$1,251,248 |
|
= Total debt levy |
$38,688,609 |
This notice contains a summary of actual no-new-revenue and voter-approval calculations as certified by Sherry Hawn, CPA, JD, PD, LLM, MBA, Senior Vice Chancellor Finance & Administration on 09/16/2025.
Visit Texas.gov/PropertyTaxes to find a link to your local property tax database on which you can easily access information regarding your property taxes, including information about proposed tax rates and scheduled public hearings of each entity that taxes your property.
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.
Tax Notices 2024
Houston City College ADOPTED A TAX RATE THAT WILL RAISE MORE TAXES FOR MAINTENANCE AND OPERATIONS THAN LAST YEAR'S TAX RATE.
THE TAX RATE WILL EFFECTIVELY BE RAISED BY 6.97 PERCENT AND WILL RAISE TAXES FOR MAINTENANCE AND OPERATIONS ON A $100,000 HOME BY APPROXIMATELY $4.18.
The adopted tax rate is greater than the no-new-revenue rate. Houston City College’s adopted total tax rate is a 4.3% increase compared to last year’s tax rate. 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.
As shown in the chart below, the adopted tax rate of $0.096182 is the total of the Maintenance and Operations (M & O) tax rate of $0.081632 and the Debt Service tax rate of $0.014551.
| Tax Rate | 2024 Proposed Tax Rate | 2023 Adopted Tax Rate | Difference | |
|---|---|---|---|---|
| M&O | $ 0.081632 | $. 0.077451 | $. 0.004181 | 5.4% |
| Debt | 0.014551 | 0.014780 | (0.000229) | -1.6% |
| Total Rate | $ 0.096182 | $. 0.092231 | $ 0.003951 | 4.3% |
The debt service tax rate is lower than last year’s rate as the principal and interest payments for fiscal year 2025 are lower than the amounts due in fiscal year 2024.
Tax Notices 2023
Property tax rates in Houston City College.
This notice concerns the 2024 property tax rates for Houston City College. This notice provides information about two tax rates used in adopting the current tax year's tax rate. The no- new-revenue tax rate would Impose the same amount of taxes as last year if you compare properties taxed in both years. In most cases, the voter-approval tax rate is the highest tax rate a taxing unit can adopt without holding an election. In each case, these rates are calculated by dividing the total amount of taxes by the current taxable value with adjustments as required by state law. The rates are given per $100 of property value.
This year's no-new-revenue tax rate $0.090364/$100
This year's voter-approval tax rate $0.096967/$100
To see the full calculations, please visit https://www.hccs.edu/about-hcc/truth-in-taxation/ for a copy of the Tax Rate Calculation Worksheet.
Unencumbered Fund Balance
The following estimated balances will be left in the taxing unit's accounts at the end of the fiscal year. These balances are not encumbered by corresponding debt obligation.
| Type of Fund | Balance |
|---|---|
| 0 |
Current Year Debt Service
The following amounts are for long-term debts that are secured by property taxes. These amounts will be paid from upcoming property tax revenues (or additional sales tax revenues, if applicable).
| Description of Debt | Principal or Contract Payment to be Paid from Property Taxes | Interest to be Paid from Property Taxes | Other Amounts to be Paid | Total Payment |
|---|---|---|---|---|
| Limited Tax Refunding | 0 | 699,700 | 0 | 699,700 |
| Bonds, Series 2016 Limited Tax Refunding |
0 | 1,499,300 | 0 | 1,499,300 |
| Bonds, Series 2020 Limited Tax Refunding |
8,035,000 | 1,179,375 | 0 | 9,214,375 |
| Bonds, Series 2021A Limited Tax Refunding |
7,920,000 | 8,545,986 | 0 | 16,465,986 |
| Bonds, Series 2021B Limited Tax Refunding |
3,080,000 | 587,750 | 0 | 3,667,750 |
| Bonds, Series 2016 Maintenance Tax Refunding |
3,815,000 | 684,375 | 0 | 4,499,375 |
| Bonds, Series 2020 Maintenance Tax Refunding |
2,855,000 | 1,097,750 | 0 | 3,952,750 |
| Bonds, Series 2021A |
| Item | Amount |
|---|---|
| Total required for 2024 debt service | $39,999,236 |
| - Amount (if any) paid from funds listed in unencumbered funds |
$0 |
| - Amount (if any) paid from other resources | $0 |
| - Excess collections last year | $0 |
| = Total to be paid from taxes in 2024 | $39,999,236 |
| + Amount added in anticipation that the unit will collect only 96.46% of its taxes in 2024 |
$1,467,937 |
| = Total debt levy | $41,467,173 |
This notice contains a summary of actual no-new-revenue and voter-approval calculations as certified by Jacob Atkin, Interim Vice Chancellor Finance on 09/09/2024.
Visit Texas.gov/PropertyTaxes to find a link to your local property tax database on which you can easily access information regarding your property taxes, including information about proposed tax rates and scheduled public hearings of each entity that taxes your property.
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.
Notice About 2023 Tax Rates
Property tax rates in Houston City College.
This notice concerns the 2023 property tax rates for Houston City College. This notice provides information about two tax rates used in adopting the current tax year's tax rate. The no new-revenue tax rate would Impose the same amount of taxes as last year if you compare properties taxed in both years. In most cases, the voter-approval tax rate is the highest tax rate a taxing unit can adopt without holding an election. In each case, these rates are calculated by dividing the total amount of taxes by the current taxable value with adjustments as required by state law. The rates are given per $100 of property value.
This year's no-new-revenue tax rate $0.084454/$100
This year's voter-approval tax rate $0.092231/$100
To see the full calculations, please visit https://www.hccs.edu/about-hcc/truth-in-taxation/ for a copy of the Tax Rate Calculation Worksheet.
Unencumbered Fund Balance
The following estimated balances will be left in the taxing unit's accounts at the end of the fiscal year. These balances are not encumbered by corresponding debt obligation.
| Type of Fund | Balance |
|---|---|
| 0 |
Current Year Debt Service
The following amounts are for long-term debts that are secured by property taxes. These amounts will be paid from upcoming property tax revenues (or additional sales tax revenues, if applicable).
| Description of Debt | Principal or Contract Payment to be Paid from Property Taxes | Interest to be Paid from Property Taxes | Other Amounts to be Paid | Total Payment |
|---|---|---|---|---|
| Limited Tax Refunding | 0 | 699,700 | 0 | 699,700 |
| Bonds, Series 2016 Limited Tax Refunding |
0 | 1,499,300 | 0 | 1,499,300 |
| Bonds, Series 2020 Limited Tax Refunding |
7,645,000 | 1,571,375 | 0 | 9,216,375 |
| Bonds, Series 2021A Limited Tax Refunding |
6,730,000 | 8,912,236 | 0 | 15,642,236 |
| Bonds, Series 2021B Limited Tax Refunding |
2,930,000 | 738,000 | 0 | 3,668,000 |
| Bonds, Series 2016 Maintenance Tax Refunding |
4,425,000 | 890,375 | 0 | 5,315,375 |
| Bonds, Series 2020 Maintenance Tax Refunding |
2,720,000 | 1,745,750 | 0 | 4,465,750 |
| Bonds, Series 2021A |
| Item | Amount |
|---|---|
| Total required for 2023 debt service | $40,506,736 |
| - Amount (if any) paid from funds listed in unencumbered funds- |
$0 |
| - Amount (if any) paid from other resources | $0 |
| - Excess collections last year | $0 |
| = Total to be paid from taxes in 2023 | $40,506,736 |
| +Amount added in anticipation that the unit will collect only 97.32% of its taxes in 2023 |
$1,115,475 |
| = Total debt levy | $41,622,211 |
This notice contains a summary of actual no-new-revenue and voter-approval calculations as certified by Marshall B. Heins, Sr. Vice Chancellor of Finance & Administration/CFO on 09/11/2023.
Visit Texas.gov/PropertyTaxes to find a link to your local property tax database on which you can easily access information regarding your property taxes, including information about proposed tax rates and scheduled public hearings of each entity that taxes your property.
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.
Tax Notices 2022
Houston City College ADOPTED A TAX RATE THAT WILL RAISE MORE TAXES FOR MAINTENANCE AND OPERATIONS THAN LAST YEAR'S TAX RATE.
THE TAX RATE WILL EFFECTIVELY BE RAISED BY 8.00 PERCENT AND WILL RAISE TAXES FOR MAINTENANCE AND OPERATIONS ON A $100,000 HOME BY APPROXIMATELY $-2.15.
The adopted tax rate is greater than the no-new-revenue rate. Houston City College’s adopted total tax rate is reduced by 3.6% compared to last year’s tax rate.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.
As shown in the chart below, the adopted tax rate of $0.095569 is the total of the Maintenance and Operations (M & O) tax rate of $0.079192 and the Debt Service tax rate of $ 0.016377.
| Tax Rate | 2022 Proposed Tax Rate | 2021 Adopted Tax Rate | Difference | |
|---|---|---|---|---|
| M&O | $ 0.079192 | $ 0.081340 | $ (0.002148) | -2.6% |
| Debt | 0.016377 | 0.017752 | (0.001375) | -7.7% |
| Total Rate | $ 0.095569 | $ 0.099092 | $ (0.003523) | -3.6% |
The debt service tax rate is lower than last year’s rate as the principal and interest payments for fiscal year 2023 are lower than the amounts due in fiscal year 2022. The M&O tax rate is also lower than last year’s M&O rate.
Notice About 2022 Tax Rates
Property Tax Rates in Houston City College
This notice concerns the 2022 property tax rates for Houston City College. This notice provides information about two tax rates used in adopting the current tax year's tax rate. The no-new-revenue tax rate would Impose the same amount of taxes as last year if you compare properties taxed in both years. In most cases, the voter-approval tax rate is the highest tax rate a taxing unit can adopt without holding an election. In each case, these rates are calculated by dividing the total amount of taxes by the current taxable value with adjustments as required by state law. The rates are given per $100 of property value.
This year's no-new-revenue tax rate: $0.089018/$100
This year's voter-approval tax rate: $0.095569/$100
To see the full calculations, please visit https://www.hccs.edu/about-hcc/truth-in-taxation/ for a copy of the Tax Rate Calculation Worksheet.
Unencumbered Fund Balance
The following estimated balances will be left in the unit's accounts at the end of the fiscal year. These balances are not encumbered by a corresponding debt obligation.
| Type of Fund | Balance |
|---|---|
| 0 |
Current Year Debt Service
The following amounts are for long-term debts that are secured by property taxes. These amounts will be paid from upcoming property tax revenues (or additional sales tax revenues, if applicable).
| Description of Debt | Principal or Contract Payment to be Paid from Property Taxes | Interest to be Paid from Property Taxes | Other Amounts to be Paid | Total Payment |
|---|---|---|---|---|
|
Limited Tax General |
4,450,000 |
111,250 |
0 |
4,561,250 |
|
2013 |
0 |
699,700 |
0 |
699,700 |
|
Bonds, Series 2016 |
0 |
1,499,300 |
0 |
1,499,300 |
|
Bonds, Series 2020 |
7,310,000 |
1,908,700 |
0 |
9,218,700 |
|
Bonds, Series 2021A |
1,940,000 |
9,128,986 |
0 |
11,068,986 |
|
Bonds, Series 2021B |
2,790,000 |
881,000 |
0 |
3,671,000 |
|
Bonds, Series 2016 |
4,215,000 | 1,106,375 | 0 | 5,322,000 |
| Bonds, Series 2020 Maintenance Tax Refunding Bonds, Series 2021A |
2,600,000 | 2,332,125 | 0 | 4,932,125 |
| Item | Amount |
|---|---|
| Total required for 2022 debt service | $40,972,436 |
| - Amount (if any) paid from funds listed in unencumbered funds |
$0 |
| - Amount (if any) paid from other resources | $0 |
| - Excess collections last year | $0 |
| = Total to be paid from taxes in 2022 | $40,972,436 |
| + Amount added in anticipation that the unit will collect only 97.91% of its taxes in 2022 |
$874,603 |
| = Total debt levy | $41,847,039 |
This notice contains a summary of actual no-new-revenue and voter-approval calculations as certified by Marshall B. Heins, Sr. Vice Chancellor of Finance & Administration/CFO on09/10/2022.
Visit Texas.gov/PropertyTaxes to find a link to your local property tax database on which you can easily access information regarding your property taxes, including information about proposed tax rates and scheduled public hearings of each entity that taxes your property.
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.
Tax Notices 2021
Houston City College ADOPTED A TAX RATE THAT WILL RAISE MORE TAXES FOR MAINTENANCE AND OPERATIONS THAN LAST YEAR'S TAX RATE.
THE TAX RATE WILL EFFECTIVELY BE RAISED BY 8.00 PERCENT AND WILL RAISE TAXES FOR MAINTENANCE AND OPERATIONS ON A $100,000 HOME BY APPROXIMATELY $2.13.
The adopted tax rate is greater than the no-new-revenue rate. Houston City College’s adopted total tax rate is reduced by 1.2% compared to last year’s tax rate. 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.
As shown in the chart below, the adopted tax rate of $0.099092 is the total of the Maintenance and Operations (M & O) tax rate of $0.081340 and the Debt Service tax rate of $ 0.017752.
| Tax Rate | 2021 Proposed Tax Rate | 2020 Adopted Tax Rate | Difference | |
|---|---|---|---|---|
| M&O | $ 0.081340 | $ 0.079205 | $ 0.002135 | 2.7% |
| Debt | 0.017752 | 0.021058 | (0.003306) | -15.7% |
| Total Rate | $ 0.099092 | $ 0.100263 | $ (0.001171) | -1.2% |
The debt service tax rate is lower than last year’s rate as the principal and interest payments for fiscal year 2022 are lower than the amounts due in fiscal year 2021. In contrast, the M & O tax rate is slightly higher than last year’s M &O rate.
Notice About 2021 Tax Rates
Property Tax Rates in Houston City College
This notice concerns the 2021 property tax rates for Houston City College. This notice provides information about two tax rates used in adopting the current tax year's tax rate. The no-new-revenue tax rate would Impose the same amount of taxes as last year if you compare properties taxed in both years. In most cases, the voter-approval tax rate is the highest tax rate a taxing unit can adopt without holding an election. In each case, these rates are calculated by dividing the total amount of taxes by the current taxable value with adjustments as required by state law. The rates are given per $100 of property value.
This year's no-new-revenue tax rate: $0.095133/$100
This year's voter-approval tax rate: $0.099092/$100
To see the full calculations, please visit https://www.hccs.edu/about-hcc/truth-in-taxation/ for a copy of the Tax Rate Calculation Worksheet.
Unencumbered Fund Balance
The following estimated balances will be left in the unit's accounts at the end of the fiscal year. These balances are not encumbered by a corresponding debt obligation.
| Type of Fund | Balance |
|---|---|
| 0 |
Current Year Debt Service
The following amounts are for long-term debts that are secured by property taxes. These amounts will be paid from upcoming property tax revenues (or additional sales tax revenues, if applicable).
| Description of Debt | Principal or Contract Payment to be Paid from Property Taxes |
Interest to be Paid from Property Taxes |
Other Amounts to be Paid |
Total Payment |
|---|---|---|---|---|
| Limited Tax General Obligation Bonds, Series |
6,290,000 | 379,750 | 0 | 6,669,750 |
| 2013 Limited Tax Refunding | 0 | 699,700 | 0 | 699,700 |
| Bonds, Series 2016 Limited Tax Refunding | 0 | 1,499,300 | 0 | 1,499,300 |
| Bonds, Series 2020 Limited Tax Refunding | 7,055,000 | 2,160,725 | 0 | 9,215,725 |
| Bonds, Series 2021 Limited Tax Refunding | 0 | 9,177,486 | 0 | 9,177,486 |
| Bonds, Series 2021 Maintenance Tax Refunding | 2,650,000 | 1,017,000 | 0 | 3,667,000 |
| Bonds, Series 2016 Maintenance Tax Refunding | 4,010,000 | 1,312,000 | 0 | 5,322,000 |
| Bonds, Series 2020 Maintenance Tax Refunding Bonds, Series 2021A | 2,510,000 | 1,445,400 | 0 | 3,955,400 |
| Item | Amount |
|---|---|
| Total required for 2021 debt service | $40,206,361 |
| - Amount (if any) paid from funds listed in unencumbered funds |
$0 |
| - Amount (if any) paid from other resources | $0 |
| - Excess collections last year | $0 |
| = Total to be paid from taxes in 2021 | $40,206,361 |
| + Amount added in anticipation that the unit will collect only 98.04% of its taxes in 2021 | $803,799 |
| = Total debt levy | $41,010,160 |
This notice contains a summary of actual no-new-revenue and voter-approval calculations as certified by Marshall B. Heins, Interim Sr. Vice Chancellor of Finance & Administration/CFO onAugust 19, 2021
Tax Notices 2020
NOTICE OF ADOPTED 2020 TAX RATE
Houston City College ADOPTED A TAX RATE THAT WILL RAISE MORE TAXES FOR MAINTENANCE AND OPERATIONS THAN LAST YEAR'S TAX RATE.
THE TAX RATE WILL EFFECTIVELY BE RAISED BY 7.48 PERCENT AND WILL RAISE TAXES FOR MAINTENANCE AND OPERATIONS ON A $100,000 HOME BY APPROXIMATELY $1.
The proposed tax rate is greater than the no-new-revenue rate. Houston City College’s adopted tax rate is the same as last year’s tax rate. 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.
As shown in the chart below, the adopted tax rate of $0.100263 is the total of the Maintenance and Operations (M & O) tax rate of $0.079205 and the Debt Service tax rate of $ 0.021058.
| Tax Rate | 2020 Adopted Tax Rate | 2019 Adopted Tax Rate | Difference | |
|---|---|---|---|---|
| M&O | $ 0.079205 | $ 0.077832 | $ 0.001373 | 1.8% |
| Debt | 0.021058 | 0.022431 | (0.001373) | -6.1% |
| Total Rate | $ 0.100263 | $ 0.100263 | $ (0.000000) | 0.0% |
The debt service tax rate is lower than last year’s rate as the principal and interest payments for fiscal year 2021 are lower than the amounts due in fiscal year 2020. In contrast, the M & O tax rate is slightly higher than last year’s M &O rate.
Property Tax Rates in Houston City College
This notice concerns the 2020 property tax rates for Houston City College. This notice provides information about two tax rates. The no-new revenue tax rate would impose the same amount of taxes as last year if you compare properties taxed in both years. The voter-approval tax rate is the highest tax rate a taxing unit can adopt without holding an election. In each case, these rates are calculated by dividing the total amount of taxes by the current taxable value with adjustments as required by state law. The rates are given per $100 of property value.
This year's no-new-revenue tax rate: $0.094800
This year's voter-approval tax rate: $0.100647
To see the full calculations, please visit https://www.hccs.edu/about-hcc/truth-in-taxation/ for a copy of the Tax Rate Calculation Worksheets.
Unencumbered Fund Balances
The following estimated balances will be left in the taxing unit's accounts at the end of the fiscal year. These balances are not encumbered by corresponding debt obligation.
Type of Fund
Balance
Current Year Debt Service
The unit plans to pay the following amounts for long-term debts that are secured by property taxes. These amounts will be paid from upcoming property tax revenues (or additional sales tax revenues, if applicable).
| Description of Debt | Principal or Contract Payment to be Paid from Property Taxes | Interest to be Paid from Property Taxes | Other Amounts to be Paid | Total Payment |
|---|---|---|---|---|
|
Limited Tax Refunding
Bonds Series 2011 |
7,500,000 | 3,034,250 | 0 | 10,534,250 |
|
Limited Tax General
Obligation Bonds Series 2013 |
5,185,000 | 14,609,594 | 0 | 19,794,594 |
|
Limited Tax Refunding
Bonds Series 2016 |
0 | 699,700 | 0 | 699,700 |
|
Limited Tax Refunding
Bonds Series 2020 |
0 | 1,499,300 | 0 | 1,499,300 |
|
Maintenance Tax Notes
Series 2011 |
1,925,000 | 1,368,575 | 0 | 3,293,575 |
|
Maintenance Tax Notes
Series 2011A |
935,000 | 651,400 | 0 | 1,586,400 |
|
Maintenance Tax
Refunding Bonds Series 2016 |
2,520,000 | 1,146,250 | 0 | 3,666,250 |
|
Maintenance Tax
Refunding Bonds Series 2020 |
3,815,000 | 1,507,625 | 0 | 5,322,625 |
| Total required for 2020 debt service | 46,396,694 | |||
| - Amount (if any) paid from funds listed in unencumbered funds | 0 | |||
| - Amount (if any) paid from other resources | 0 | |||
| - Excess collections last year | 0 | |||
| = Total to be paid from taxes in 2020 | 46,396,694 | |||
| collect only 98.04% of its taxes in 2020 | 927,555 | |||
| = Total debt levy | 47,324,249 |
This notice contains a summary of the no-new-revenue and voter-approval calculations as certified by Janet Wormack, Ed.D., Senior Vice Chancellor of Finance & Administration and CFO on September 4, 2020.
Tax Notices 2019
The Houston City College Board of Trustees, on Wednesday, September 4, 2019, adopted a tax rate of $0.100263 for tax year 2019. This tax rate is the same as the 2018 tax rate adopted by the Board of Trustees and less than the calculated 2019 Effective Tax Rate of $0.100679.
As shown in the chart below, the adopted tax rate of $0.100263 is the total of the Maintenance and Operations (M & O) tax rate of $0.077832 and the Debt Service tax rate of $0.022431
| Tax Rate | 2019 Adopted Tax Rate | 2018 Adopted Tax Rate | Difference |
|---|---|---|---|
| M&O | $ 0.077832 | $ 0.076751 | $ 0.001081 |
| Debt | 0.022431 | 0.023512 | (0.001081) |
| Total Rate | $ 0.100263 | $ 0.100263 | $ (0.000000) |
Download the Tax Notice as PDF (Archive PDF)
This notice concerns the 2019 property tax rates for Houston City College. It presents information about three tax rates. Last year's tax rate is the actual tax rate the taxing unit used to determine property taxes last year. This year's effective tax rate would impose the same total taxes as last year if you compare properties taxed in both years. This year's rollback tax rate is the highest tax rate the taxing unit can set before taxpayers start rollback procedures. In each case these rates are found by dividing the total amount of taxes by the tax base (the total value of taxable property) with adjustments as required by state law. The rates are given per $100 of property value.
| Last year's tax rate: | Amount |
|---|---|
| Last year's operating taxes | $161,673,535 |
| Last year's debt taxes | $49,527,278 |
| Last year's total taxes | $211,200,813 |
| Last year's tax base | $210,646,811,885 |
| Last year's total tax rate | $0.100263/$100 |
| This year's effective tax rate: | Amount |
|---|---|
| Last year's adjusted taxes (after subtracting taxes on lost property) |
$209,559,578 |
| ÷ This year's adjusted tax base (after subtracting value of new property) |
$208,146,063,014 |
| = This year's effective tax rate (Maximum rate unless unit publishes notices and holds hearings.) |
$0.100679/$100 |
| This year's rollback tax rate: | Amount |
|---|---|
| Last year's adjusted operating taxes (after subtracting taxes on lost property and adjusting for any transferred function, tax increment financing, state criminal justice mandate, and/or enhanced indigent healthcare expenditures) |
$160,092,573 |
| ÷ This year's adjusted tax base | $208,146,063,014 |
| =This year's effective operating rate | $0.076914/$100 |
| x 1.08 = this year's maximum operating rate | $0.083067/$100 |
| + This year's debt rate | $0.022431/$100 |
| = This year's total rollback rate | $0.105498/$100 |
Statement of Increase/Decrease
If Houston City College adopts a 2019 tax rate equal to the effective tax rate of $0.100679 per $100 of value, taxes would increase compared to 2018 taxes by $2,044,234.
Schedule A - Unencumbered Fund Balance
The following estimated balances will be left in the unit's property tax accounts at the end of the fiscal year. These balances are not encumbered by a corresponding debt obligation.
| Type of Property Tax Fund | Balance |
|---|---|
| 0 |
Schedule B - 2019 Debt Service
The unit plans to pay the following amounts for long-term debts that are secured by property taxes. These amounts will be paid from property tax revenues (or additional sales tax revenues, if applicable).
| Description of Debt | Principal or Contract Payment to be Paid from Property Taxes | Interest to be Paid from Property Taxes | Other Amounts to be Paid | Total Payment |
|---|---|---|---|---|
| Limited Tax Bond Series 2011 | 7,130,000 | 3,400,000 | 0 | 10,530,000 |
| Limited Tax Bond Series 2013 | 4,180,000 | 16,822,819 | 0 | 21,002,819 |
| Limited Tax Bond Series 2016 | 0 | 699,700 | 0 | 699,700 |
| Maintenance Tax Note Series 2006 | 670,000 | 143,744 | 0 | 813,744 |
| Maintenance Tax Note Series 2009 | 970,000 | 267,731 | 0 | 1,237,731 |
| Maintenance Tax Note Series 2010 | 2,470,000 | 1,492,000 | 0 | 3,962,000 |
| Maintenance Tax Note Series 2011 | 1,830,000 | 1,462,450 | 0 | 3,292,450 |
| Maintenance Tax Note Series 2011A | 885,000 | 696,900 | 0 | 1,581,900 |
| Maintenance Tax Note Series 2016 | 2,400,000 | 1,269,250 | 0 | 3,669,250 |
| Item | Amount |
|---|---|
| Total required for 2019 debt service | $46,789,594 |
| - Amount (if any) paid from Schedule A | $0 |
| - Amount (if any) paid from other resources | $0 |
| - Excess collections last year | $0 |
| = Total to be paid from taxes in 2019 | $46,789,594 |
| + Amount added in anticipation that the unit will collect only 98.48% of its taxes in 2019 | $722,179 |
| = Total debt levy | $47,511,773 |
This notice contains a summary of actual effective and rollback tax rates' calculations. You can inspect a copy of the full calculations at 3100 Main Street, 12th Floor, Houston, TX 77002.
Name of person preparing this notice:
Carin Hutchins
Title: AVC Finance & Accounting
Date Prepared: 08/28/2019
Tax Notices 2018
The Houston City College Board of Trustees, on Wednesday, October 3, 2018, adopted a tax rate of $0.100263 for tax year 2018. This tax rate is the same as the 2017 tax rate adopted by the Board of Trustees and less than the calculated 2018 Effective Tax Rate of $0.103082.
As shown in the chart below, the adopted tax rate of $0.100263 is the total of the Maintenance and Operations (M & O) tax rate of $0.076751 and the Debt Service tax rate of $0.023512.
| Tax Rate | 2018 Tax Rate Proposed | 2017 Tax Rate Current | Difference |
|---|---|---|---|
| M & O | $ 0.076751 | $ 0.076652 | $ 0.000099 |
| Debit | $ 0.023512 | $ 0.023611 | $ (0.000099) |
| Total | $ 0.100263 | $ 0.100263 | $ (0.000000) |
Tax Notices 2017
The Houston City College Board of Trustees, in a special meeting on Thursday, October 12, 2017, adopted a tax rate of $0.100263 for tax year 2017. This tax rate is the same as the 2016 tax rate adopted by the Board of Trustees and less than the calculated 2017 Effective Tax Rate of $0.101130.
As shown in the chart below, the adopted tax rate of $0.100263 is the total of the Maintenance and Operations (M & O) tax rate of $0.076652 and the Debt Service tax rate of $0.023611.
| Tax Rate | 2017 Adopted Tax Rate | 2016 Adopted Tax Rate | Increase (Decrease)% |
Increase (Decrease) |
|---|---|---|---|---|
|
M & O |
$0.076652 |
$0.075277 |
$0.001375 |
1.8% |
|
Debt |
$0.023611 |
$0.024986 |
$(0.001375) |
-5.5% |
|
Total |
$0.100263 |
$0.100263 |
$0.000000 |
0.0% |
The debt service tax rate is lower than last year’s rate as the principal and interest payments for fiscal year 2017 are lower than the amounts due in fiscal year 2016. In contrast, the M & O tax rate is slightly higher than last year’s M &O rate. In compliance with the Chapter 26, Tax Code we are providing notice to the public that THE 2017 M & O TAX RATE ADOPTED WILL RAISE MORE TAXES FOR MAINTENANCE AND OPERATIONS THAN LAST YEAR'S TAX RATE.
THE TAX RATE WILL EFFECTIVELY BE RAISED BY 1.03 PERCENT AND WILL RAISE TAXES FOR MAINTENANCE AND OPERATIONS ON A $100,000 HOME BY APPROXIMATELY $1.37.
Houston City College Notice of 2017 Proposed Tax Rate
The Houston City College Board of Trustees, on Thursday, September 7, 2017, voted to approve the proposed tax rate of $0.100263 for tax year 2017. The proposed tax rate is the same tax rate as last year’s 2016 tax rate and less than the calculated 2017 Effective Tax Rate of $0.101130. In accordance with Chapter 26 of the property tax code, if the total tax rate proposed does not exceed the calculated Effective Tax Rate for 2017 then no public hearings are required.
The Board of Trustees is scheduled to adopt the tax rate on Thursday, October 12, 2017 at 3:30 p.m. at the HCC Administration Building, 3100 Main Street, 2nd Floor Auditorium.
As shown in the chart below, the proposed tax rate of $0.100263 is the total of the proposed Maintenance and Operations (M & O) tax rate of $0.076652 and the Debt Service tax rate of $0.023611.
| Tax Rate | 2017 Tax Rate Proposed |
2016 Tax Rate Current |
Increase (Decrease) |
% Increase (Decrease) |
|---|---|---|---|---|
| M & O | $0.076652 | $0.075277 | $0.001375 | 1.8% |
| Debt | $0.023611 | $0.024986 | $(0.001375) | -5.5% |
| Total | $0.100263 | $0.100263 | $0.000000 | 0.0% |
Total tax revenues from properties on the tax roll in the preceding tax year will decrease by -0.86 percent (percentage by which proposed tax rate exceeds lower of rollback tax rate or effective tax calculated under Chapter 26, Tax Code). Your individual taxes may decrease at a greater or lesser rate, or even increase, 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 average taxable value of a residence homestead in Houston City College last year was $265,776. Based on last year's tax rate of $0.100263 per $100 of taxable value, the amount of taxes imposed last year on the average home was $266.47.
The average taxable value of a residence homestead in Houston City College this year is $287,832. If the governing body adopts the effective tax rate for this year of $0.101130 per $100 of taxable value, the amount of taxes imposed this year on the average home would be $291.08.
If the governing body adopts the proposed tax rate of $0.100263 per $100 of taxable value, the amount of taxes imposed this year on the average home would be $288.59.
The members of the governing body voted on the proposal to consider the tax increase as follows:
FOR: Eva Loredo, Neeta Sane, Robert Glaser, Adriana Tamez, Carolyn Evans-Shabazz, Zeph Capo, John Hansen.
AGAINST: Dave Wilson
PRESENT and not voting: None
ABSENT: Christopher Oliver
2017 Property Tax Rates in Houston City College
This notice concerns the 2017 property tax rates for Houston City College. It presents information about three tax rates. Last year's tax rate is the actual tax rate the taxing unit used to determine property taxes last year. This year's effective tax rate would impose the same total taxes as last year if you compare properties taxed in both years. This year's rollback tax rate is the highest tax rate the taxing unit can set before taxpayers start rollback procedures. In each case these rates are found by dividing the total amount of taxes by the tax base (the total value of taxable property) with adjustments as required by state law. The rates are given per $100 of property value.
| Last year's tax rate: | Amount |
|---|---|
| Last year's operating taxes | $149,657,532 |
| Last year's debt taxes | $49,674,443 |
| Last year's total taxes | $199,331,975 |
| Last year's tax base | $198,809,107,048 |
| Last year's total tax rate | $0.100263/$100 |
| This year's effective tax rate: | Amount |
|---|---|
| Last year's adjusted taxes (after subtracting taxes on lost property) | $197,980,939 |
| ÷ This year's adjusted tax base (after subtracting value of new property) | $195,767,586,722 |
| = This year's effective tax rate (Maximum rate unless unit publishes notices and holds hearings.) | $0.101130/$100 |
| This year's rollback tax rate: | Amount |
|---|---|
| Last year's adjusted operating taxes (after subtracting taxes on lost property and adjusting for any transferred function, tax increment financing, state criminal justice mandate, and/or enhanced indigent healthcare expenditures) | $148,528,332 |
| ÷ This year's adjusted tax base | $195,767,586,722 |
| = This year's effective operating rate | $0.075870/$100 |
| x 1.08=this year's maximum operating rate | $0.081939/$100 |
| + This year's debt rate | $0.023611/$100 |
| = This year's total rollback rate | $0.105550/$100 |
Statement of Increase/Decrease
If Houston City College adopts a 2017 tax rate equal to the effective tax rate of $0.101130 per $100 of value, taxes would increase compared to 2016 taxes by $3,224,486.
Schedule A - Unencumbered Fund Balance
The following estimated balances will be left in the unit's property tax accounts at the end of the fiscal year. These balances are not encumbered by a corresponding debt obligation.
| Type of Property Tax Fund | Balance |
|---|---|
| 0 |
Schedule B - 2017 Debt Service
The unit plans to pay the following amounts for long-term debts that are secured by property taxes. These amounts will be paid from property tax revenues (or additional sales tax revenues, if applicable).
| Description of Debt | Principal or Contract Payment to be Paid from Property Taxes | Interest to be Paid from Property Taxes | Other Amounts to be Paid | Total Payment |
|---|---|---|---|---|
| Limited Tax Bonds Series 2011 | 6,455,000 | 4,078,875 | 0 | 10,533,875 |
| Limited Tax Bonds Series 2013 | 3,580,000 | 17,206,519 | 0 | 20,786,519 |
| Limited Tax Bonds Series 2016 | 0 | 699,700 | 0 | 699,700 |
| Maintenance Tax Notes Series 2006 | 615,000 | 197,066 | 0 | 812,066 |
| Maintenance Tax Notes Series 2008 | 2,610,00 | 65,250 | 0 | 2,675,250 |
| Maintenance Tax Notes Series 2009 | 890,000 | 347,538 | 0 | 1,237,538 |
| Maintenance Tax Notes Series 2010 | 2,285,000 | 1,705,775 | 0 | 3,990,775 |
| Maintenance Tax Notes Series 2011 | 1,655,000 | 1,636,575 | 0 | 3,291,575 |
| Maintenance Tax Notes Series 2011A | 815,000 | 769,325 | 0 | 1,584,325 |
| Maintenance Tax Notes Series 2016 | 0 | 1,443,500 | 0 | 1,443,500 |
| Type | Amount |
|---|---|
| Total required for 2017 debt service | $47,055,123 |
| - Amount (if any) paid from Schedule A | $0 |
| - Amount (if any) paid from other resources | $0 |
| - Excess collections last year | $0 |
| = Total to be paid from taxes in 2017 | $47,055,123 |
| + Amount added in anticipation that the unit will collect only 99.50% of its taxes in 2017 | $236,458 |
| = Total debt levy | $47,291,581 |
This notice contains a summary of actual effective and rollback tax rates' calculations. You can inspect a copy of the full calculations at 3100 Main Street, 12th Floor, Houston, TX 77002.
Name of person preparing this notice: Teri Zamora
Title: Sr. Vice Chancellor Finance & Administration
Date Prepared: 08/24/2017
Truth in Taxation FAQ
During the 86th Texas legislative session, the Truth-in-Taxation guidelines were updated.
Click here for a brief overview of the guidelines (Archive PDF).
New Language:
- Special Taxing Unit: Community Colleges now fall into this category
- The effective tax rate is now entitled the no-new-revenue rate (NNRR)
- The rollback tax rate is now entitled the voter-approval-rate (VAR).
- Special Taxing Units can still use the 8% trigger for voter-approval elections
- Adopting a tax rate above the voter-approval rate automatically triggers an election (no voter petition required)
- The De minimis tax rate does not apply to Special Taxing Units
The no-new-revenue-rate is a calculated rate that would provide the taxing unit with about the same amount of revenue it received in the year before on properties taxed in both years. If property values rise, the NNRR will go down and vice versa.
The voter approval rate is a tax rate that provides the taxing unit with about the same amount of tax revenue from the previous year, plus an extra eight percent increase, in addition to sufficient funds to pay bond obligations funded by taxes in the coming year. It is the highest tax rate a taxing unit can adopt without holding an election.
If the proposed tax rate exceeds or is greater than the NNRR or VAR, then HCC must hold one public hearing/meeting. The tax rate can be adopted after the public hearing but must be adopted within 7 days.
The governing body of a taxing unit other than a school district may not adopt a tax rate that exceeds the lower of the voter-approval tax rate or the no-new-revenue tax rate calculated as provided by this chapter until the governing body has held a public hearing on the proposed tax rate and has otherwise complied with Section 26.06 and Section 26.065.
The adopted tax rate is:
BELOW voter-approval tax rate → No election required
ABOVE voter-approval tax rate → Election required