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The original item was published from 8/13/2018 2:37:53 PM to 9/14/2018 12:00:10 AM.

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Posted on: August 13, 2018

[ARCHIVED] NOTICE OF 2018 TAX YEAR PROPOSED PROPERTY TAX RATE FOR

A tax rate of $0.788000 per $100 valuation has been proposed by the governing body of City of Taylor. 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 Taylor proposes to use revenue attributable to the tax rate increase for the
purpose of increased maintenance and operational expenditures, equipment, facilities, staff compensation
and benefit cost increases.
$0.788000 per $100
$0.798000 per $100
$0.752537 per $100
$0.809087 per $100
The effective tax rate is the total tax rate needed to raise the same amount of property tax revenue for City of
Taylor from the same properties in both the 2017 tax year and the 2018 tax year.
The rollback tax rate is the highest tax rate that City of Taylor 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:
Larry Gaddes
Williamson Co unty Tax Assessor-Collector
904 South Main Street
512-943-1603
proptax@wilco .org
www.wilco.org
You are urged to attend and express your views at the following public hearings on proposed tax rate:
First Hearing: 08/23/2018 6:00 PM at 400 Porter Street, Taylor, Texas 76574
Second Hearing: 09/06/2018 6:00 PM at 400 Porter Street, Taylor, Texas 7657 4

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