Item Title: | Tax Office - Accept 2022 No-New-Revenue & Voter-Approval Tax Rate Calculations for El Paso County |
Submitted By: | Ruben P. Gonzalez, Tax Assessor-Collector, Tax Assessor-Collector's Office (915) 771-2305 |
Subject: | Accept the 2022 No-New-Revenue (NNR) & Voter-Approval Tax Rate (VAR) Calculations for El Paso County:
No-New-Revenue Rate: 0.426289/$100; Voter-Approval Rate: 0.460808/$100. |
Background: | In accordance with Section 26.05(d) of the Property Tax Code, a taxing unit is required to hold at least one (1) public hearing and publish newspaper ads before adopting a tax rate that exceeds the Voter-Approval Tax Rate or the No-New-Revenue, whichever is lower. |
Fiscal Impact: | N/A |
Recommendation: | Accept the 2022 No-New-Revenue (NNR) & Voter-Approval Tax Rate (VAR) Calculations for El Paso County: No-New-Revenue Rate: 0.426289/$100; Voter-Approval Rate: 0.460808/$100. |
Prior Action: | |
Strategic Plan: | .. |
Strategic Plan Information: | |