Budget Public Hearing

Public Hearings

NOTICE IS HEREBY GIVEN TO ALL INTERESTED PERSONS THAT:

The City Council of the City of Lamesa, Texas will convene a public hearing on August 17, 2023 at 5:30 p.m. at City Hall, 601 South 1st Street, Lamesa, Texas in accordance with State Law (Local Government Code, Chapter 102.0065), to hear a report from the City Manager and to hear comments from the public regarding the proposed Annual Budget for Fiscal Year 2023-2024 beginning on October 1, 2023.

“THIS BUDGET WILL RAISE MORE TOTAL PROPERTY TAXES THAN LAST YEAR’S BUDGET BY $ 69,085 OR 2.75%, AND OF THAT AMOUNT, $121 IS TAX REVENUE TO BE RAISED FROM NEW PROPERTY ADDED TO THE TAX ROLL THIS YEAR.

NOTICE OF PUBLIC HEARING ON TAX  INCREASE

A tax rate of $0.745187 per $100 valuation has been proposed by the governing body of City  of Lamesa.


PROPOSED TAX RATE                              $0.745187 per $100
NO-NEW-REVENUE TAX RATE              $0.725187 per $100 
VOTER-APPROVAL TAX RATE                   $0.750686 per $100

The no-new-revenue tax rate is the tax rate for  the  2023 tax  year  that  will raise the same  amount  of property tax revenue for  City of  Lamesa from the same properties in both the 2022 tax year     and the 2023 tax  year.

The voter-approval rate is the highest tax rate that City of Lamesa may adopt without holding an election to seek voter approval  of  the  rate.

The proposed tax rate is greater than the no-new-revenue tax rate. This means that City of Lamesa is  proposing  to increase property  taxes for  the  2023 tax year.

A PUBLIC HEARING ON THE PROPOSED TAX RATE WILL BE HELD ON August 17, 2023 AT 5:30
PM AT City Hall, 601 S. 1st  St., Lamesa Texas    79331.

The proposed tax rate is not greater than the voter-approval tax rate. As a result, City of Lamesa is not required to hold an election at which voters may accept or reject the proposed tax rate. However, you may express your support for or opposition to  the  proposed  tax rate by contacting the members of the City of Lamesa of City of Lamesa at their offices or by attending the public hearing mentioned  above.

YOUR TAXES OWED UNDER ANY OF THE RATES MENTIONED ABOVE CAN BE CALCULATED AS FOLLOWS:

Property tax amount=  (tax rate) x (taxable value of  your   property}/100

FOR the proposal:            Rudy Sauseda,  Jr.
                                          Fred Vera
                                          Danny Jacob
                                          Josh Stevens
                                          Bobby G. Gonzales

AGAINST the proposal:
PRESENT and not voting:
ABSENT:                             Gloria V. Rodriguez

Visit Texas.gov/PropertyTaxes to find a link 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 property.

The 86th Texas Legislature modified the manner in which the voter-approval tax rate is calculated to limit the rate of growth of property taxes in the  state.

The following table compares the taxes imposed on the average residence homestead by City of Lamesa last year to the taxes proposed to be imposed  on the average residence homestead  by City    of  Lamesa this year.

                                             2022                         2023                          Change

Totaltax rate (per
$100 of value

$0.799070

$0.745187

decrease of 

-0.053883 or -6.74%

Average homestead taxable value

1$ 54,587

$61,447

increase of

6,860, or 
12.57%

Tax on average homestead

$436.19

$457.90

increase of

21.71, or 4.98%

Total tax levy on all properties

$2,515,405

$2,584,490

increase of 

69,085, or 2.75%

 

For assistance with tax calculations, please contact the tax assessor for City of Lamesa at 806- 872-4321 or  citysecretary@ci.lamesa.tx.us,  or  visit  www.ci.lamesa.tx.us for more information.