Alert Emergency Alert

Council Meeting Live Stream to Begin with Aug. 14 Meeting

Read More

Notice of 2018 Tax Year Proposed Tax Rate Increase

 
   
 
   


Notice of 2018 Tax Year Proposed Property Tax Rate Increase

A tax rate of $0.16251 per $100 valuation has been proposed for adoption by the governing body of City of Fulshear. 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 Fulshear proposes to use revenue attributable to the tax rate increase for the purpose of supporting the growth of infrastructure and public services.

 

PROPOSED TAX RATE $0.16251 per $100

PRECEDING YEAR'S TAX RATE $0.158691 per $100

EFFECTIVE TAX RATE  $0.150473 per $100

ROLLBACK TAX RATE   $0.16251 per $100

 

The effective tax rate is the total tax rate needed to raise the same amount of property tax revenue for City of Fulshear 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 Fulshear 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:

Patsy Schultz

 

City of Fulshear Tax Assessor-Collector

 

1317 Eugene Heimann Circle Richmond, TX 77469 281-341-3710

Patsy.Schultz@fortbendcountytx.gov www.fortbendcountytx.gov

 

 

You are urged to attend and express your views at the following public hearings on the proposed tax rate:

 

First Hearing: August 28, 2018 at 07:00 PM at Irene Stern Community Center, 6920 Katy Fulshear Road, Fulshear, TX 77441.

 

Second Hearing: September 11, 2018 at 07:00 PM at Irene Stern Community Center, 6920 Katy Fulshear Road, Fulshear, TX 77441.