NOTICE OF 2018 PROPOSED
PROPERTY TAX RATE FOR
CITY OF SPRING BRANCH
A tax rate of $0.120000 per $100 valuation has been proposed by the governing body of CITY OF SPRING BRANCH. 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 SPRING BRANCH proposes to use revenue attributable to the tax rate increase for the purpose of Maintenance and Operations.
PROPOSED TAX RATE $0.120000 per $100
PRECEDING YEAR’S TAX RATE $0.120000 per $100
EFFECTIVE TAX RATE $0.119837 per $100
ROLLBACK TAX RATE $0.129421 per $100
The effective tax rate is the total tax rate needed to raise the same amount of property tax revenue for CITY OF SPRING BRANCH from the same properties in both the 2017 tax year and the 2018 tax year.
The rollback tax rate is the highest tax rate that CITY OF SPRING BRANCH 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:
Cathy C. Talcott, CTOP, PCC, PCAC
Comal County Tax Office Tax Assessor-Collector
205 N. Seguin Ave 303-221-1356
talcoc@co.comal.tx.us
www.comalcountytaxoffice.net
You are urged to attend and express your views at the following public hearings on the proposed tax rate:
First Hearing: 08/18/2018 10 a.m. at the Curtis Bremer Training Facility, 9850 FM 311 Spring Branch, Texas
Second Hearing: 08/21/2018 6 p.m. at the Curtis Bremer Training Facility, 9850 FM 311 Spring Branch, Texas