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The original item was published from 8/16/2017 4:35:26 PM to 9/6/2017 12:05:02 AM.

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Posted on: July 28, 2017

[ARCHIVED] NOTICE OF 2017 TAX YEAR PROPOSED PROPERTY TAX RATE FOR THE CITY OF ANNA -

A tax rate of $0.601288 per $100 valuation has been proposed for adoption by the governing body of City of Anna. 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 Anna proposes to use revenue attributable to the tax rate increase for the purpose of adding additional personnel and other expenses for operations and maintenance as set forth in the proposed 2017-2018 fiscal year budget available at www.annatexas.gov.

PROPOSED TAX RATE $0.601288 per $100

PRECEDING YEAR'S TAX RATE $0.629000 per $100

EFFECTIVE TAX RATE $0.550525 per $100

ROLLBACK TAX RATE $0.601288 per $100

The effective tax rate is the total tax rate needed to raise the same amount of property tax revenue for City of Anna from the same properties in both the 2016 tax year and the 2017 tax year.

The rollback tax rate is the highest tax rate that City of Anna 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:

Kenneth L. Maun
Tax Assessor-Collector
2300 Bloomdale Road
McKinney, TX 75071
972-547-5020
kmaun@collincountytx.gov

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

First Hearing: August 22, 2017 at 7:30 pm at City of Anna City Hall, 111 North Powell Parkway, Anna, TX 75409.

Second Hearing: September 5, 2017 at 6:30 pm at City of Anna City Hall, 111 North Powell Parkway, Anna,TX 75409.


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