NOTICE OF 2014 TAX YEAR
PROPOSED PROPERTY TAX RATE FOR
THE CITY OF SNYDER
A tax rate of $ .4387 per $100 valuation has been proposed for adoption by the governing body of the City of Snyder. 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.
PROPOSED TAX RATE $ .4387 per $100
PRECEDING YEAR’S TAX RATE $ .4445 per $100
EFFECTIVE TAX RATE $ .4124 per $100
ROLLBACK RATE $ .4388 per $100
The effective tax rate is the total tax rate needed to raise the same amount of property tax revenue for the City of Snyder from the same properties in both the 2012 tax year and the 2013 tax year.
The rollback tax rate is the highest tax rate that the City of Snyder may adopt before the 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:
Jana Young
Scurry County tax assessor-collector
1806 25th Street, Snyder, TX
325-573-9316
jyoung@scurrytex.com
www.co.scurry.tx.us
You are urged to attend and express your views at the following public hearings on the proposed tax rate:
First Hearing: Monday, August 11, 2014 at 5:30 p.m. at City Hall, 1925 24th Street, Snyder, TX.
Second Hearing: Monday, August 18, 2014 at 5:30 p.m. at City Hall, 1925 24th Street, Snyder, TX.