2024 TAX RATE $0.2966, 2023 TAX RATE $0.2938
THE CITY OF GONZALES 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 -0.48 PERCENT (MAINTENANCE AND OPERATION TAX RATE ABOVE THE NO NEW REVENUE MAINTENANCE AND OPERATION TAX RATE) AND WILL RAISE TAXES FOR MAINTENANCE AND OPERATIONS ON A $100,000 HOME BY APPROXIMATELY $0.80 (MAINTENANCE AND OPERATION TAX RATE ABOVE THE PREVIOUS YEAR’S MAINTENANCE AND OPERATION TAX RATE).
THE BUDGET WILL RAISE MORE TOTAL PROPERTY TAXES THAN LAST YEAR’S BUDGET BY $40,766 OR 2.28%, AND OF THAT AMOUNT, $41,339 IS TAX REVENUE TO BE RAISED FROM NEW PROPERTY ADDED TO THE TAX ROLL THIS YEAR.(BASED ON $0.2966)
THE ADOPTION OF $0.2938 WILL INCREASE YOUR PROPERTY TAXES BY 0.28 CENTS ($0.0028) FROM $0.2938 CENTS TO $0.2966 CENTS. THIS WILL INCREASE YOUR CITY TAXES BY $0.233 PER MONTH ($2.80) A YEAR ON A $100,000 VALUED PROPERTY.
The tax rate will increase total tax revenues from properties on the tax roll in the preceding tax year by 0.00% (percentage by which proposed tax rate exceeds lower of the voter-approval tax rate or no-new revenue tax rate calculated under Chapter 26, Tax Code).
The budget includes an increase in the property tax rate of $0.2938 to $0.2966, which is a increase of $0.0028 per $100.00 valuation or 0.95% increase (This is the percentage by which the proposed tax rate exceeds last year’s tax rate).
2023 TAX RATE $0.2938, 2022 TAX RATE $0.3117
THE CITY OF GONZALES 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 3.48 PERCENT (MAINTENANCE AND OPERATION TAX RATE ABOVE THE EFFECTIVE MAINTENANCE AND OPERATION TAX RATE) AND WILL RAISE TAXES FOR MAINTENANCE AND OPERATIONS ON A $100,000 HOME BY APPROXIMATELY $-5.70.
THE BUDGET WILL RAISE MORE TOTAL PROPERTY TAXES THAN LAST YEAR’S BUDGET BY $26,497 OR 1.50% AND OF THAT AMOUNT $10,845 IS TAX REVENUE TO BE RAISED FROM NEW PROPERTY ADDED TO THE TAX ROLL THIS YEAR. (BASED ON $0.2938)
THE ADOPTION OF $0.2938 WILL DECREASE YOUR PROPERTY TAXES BY 1.79 CENTS ($0.0179) FROM $0.3117 CENTS TO $0.2938 CENTS. THIS WILL DECREASE YOUR CITY TAXES BY $1.492 PER MONTH ($17.90) A YEAR ON A $100,000 VALUED PROPERTY.
The tax rate will increase total tax revenues from properties on the tax roll in the preceding tax year by 0.96% (percentage by which proposed tax rate exceeds lower of the voter-approval tax rate or no-new revenue tax rate calculated under Chapter 26, Tax Code).