Tax Hearing

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 VOTER-APPROVAL TAX RATE      $0.725187 per $100
NO-NEW-REVENUE TAX RATE 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 Jacobs
                                          Josh Stevens
                                          Bobby G. Gonzales

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

Visit Texas.gov/Property Taxes 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

$ 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.