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:
City of Fulshear Tax Assessor-Collector
1317 Eugene Heimann Circle Richmond, TX 77469 281-341-3710
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.