Form50-878  Stalements required in notice ifthep proposed! tax rate exceeds ther no-new-revenue tax rate and! the voter-approval! lax rate and the de minimis rate exceeds the  voler-approval rate, as prescribed by Tax Code $$26.06(b-1)6 and2 26.063(d).  NOTICE OF PUBLIC HEARING  ON TAX INCREASE  This notice applies to taxing units other than special taxing units or to ar municipalily with aj population of less than 30,000 regardless of  whetheri iti is a special taxing unit. At tax rate of $_ 0.557450 CITY OF LEVELLAND  per $100 valuation has been proposed by the governing! body of  PROPOSED TAX RATE NO-NEW-REVENUE TAXI RATE VOTER-APPROVAL TAX RATE DE MINIMIS RATE  $0.557450 0.504558 $0.508254 $0.557450 (current lax) year) (ame af laxing umil) (curnent lax) year)  per $100 per $100 per $100 per $100  The no-new-revenue tax rate is the tax rate for the. 2023 ofp property tax revenue for CITY OF LEVELLAND  tax year that will raise the same amount from the same properties in both  the. 2022  tax year and the. 2023  tax year, (name ofh laving uit)  (preceding laxj year)  The voter-approval tax rate is the highest tax rate that CITY OF LEVELLAND  may adopt without holding  an election to seek voter approval oft the rate, unless the de minimis rate for. CITY OF LEVELLAND  exceeds the  (name ofi laxing unil)  voter-approval taxr rate for. CITY OF LEVELLAND  [pae of laving imil)  The de minimis rate is the rate equal to the sum of the no-new-revenue maintenance and operations rate for. CITY OF LEVELLAND  (nane af faxing umil)  the rate that will raise $500,000, and the current debt rate for CITY OF LEVELLAND  (nune ofl laxing umij  The proposed tax rate is greater than the no-new-revenue tax rate. This means that CITY OF LEVELLAND APUBLIC HEARING ON THE PROPOSED TAXI RATE WILL BE HELD ON. MONDAY, SEPTEMBER 11, 2023 at. R.O. DENNIS COUNCIL CHAMBERS AT LEVELLAND CITY HALL, 1709 AVEHLEVELLAND, TX The proposed tax rate is greater than the voter-approval tax rate but not greater than the de minimis rate and does not exceed the rate that allows voters to petition for an election under Section 26.075, Tax Code. If CITY OF LEVELLAND the proposed taxr rate, CITY OF LEVELLAND is not required to hold an election so that the voters may accept or reject the proposed tax rate and the qualified voters of the CITY OF LEVELLAND may not petition the. CITY OF LEVELLAND  is proposing  name ofl laxing unil)  toi increase property taxes for the 2023  tax year,  (current lar) jear)  (date and fime)  (mecting place)  adopts  (nome of laxing ui!)  fname ofl laxing wnil)  (name af lacing unil)  (name of laxing mmil)  to require ane election to be held to determine whether to reduce the proposed tax rate.  YOUR TAXES OWED UNDER ANY OF THE TAX RATES MENTIONED ABOVE CAN BE CALCULATED AS FOLLOWS: (Lisin names ofa alln members oftheg goveming! body below, showing! howe each voted ont thep proposalto consider! thet faxi increase o, ifone ori more were absent, indicatinga absences.) FOR the proposal:. JIM MYATT, MAX LEDESMA, BREANN BUXKEMPER, MICHAEL STUEART  Property tax amount: =( ( tax rate )x(t taxable value of your property)/100  AGAINST the proposal:. ABSENT:,  PRESENT and not voting: MAYOR PINNER  Formo developed by: Texas Comptrolier ofp Public Accounts, Propertyl Tax Assistance Division  Fora additionald coples, visit: comptroletexasgovlaxesproperty-tax  50-878-Rev.7-235    NotizeofPubic-Meringe onl Taxl Increase  Form 50-878  Visit TexasgowProperylaxes to find al linkt to your local property tax database on which you can easily access information regarding your property taxes, including information about proposed tax rates and scheduled public hearings of each entity that taxes your The 86th Texas Legislature modified the manner in which the voter-approval tax ratei is calculated to limit the rate of growth of The following table compares the taxes imposed on the average residence homestead by. CITY OF LEVELLAND last year  property,  property taxes in the state.  (name ofl laving uil) (nane ufi laxing nil)  tot the taxes proposed to the be imposed ont the average residence homestead by. CITY OF LEVELLAND  this year.  2022  2023 $0.557450  Change  Total tax rate  2022 adopted tax rate 2023 proposed tax rate Increase of $0.036234 per $100, or 6.95%  (per $100 of value) $0.521216  Average homestead $122,164 taxable value Tax on average homestead  $134,041  Increase of $11,877 or 9.72%  $636.74  $747.21  Increase of $110.47, or 17.34%  Total tax levy on all $3,218,157  $3,535,826  Increase of $317,669, or 9.87%  properties  (If the tax assessor for the taxing unit maintains an internet website)  For assistance with tax calculations, please contact the tax assessor for. CITY OF LEVELLAND  name of lating unit) (inlernel websile aldress)  at 806-894-4938 for more information.  ordbramlet(@hockleycounty.orgor visit co.hockley.tx.us  lelephone mumber)  (emaild address)  (If the tax assessor: for the taxing unit does not maintain an internet website) For assistance with tax calculations, please contact the tax assessor for.  (nrame of laxing unil)  at  or  (elephone mmber)  (email address)  Fora additionale coples, visit: comptroler.texasgovtaxespropertytax  Page2