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Tax Rate

PROPOSED 2019-2020 BUDGET

THIS BUDGET WILL RAISE MORE TOTAL PROPERTY TAXES THAN LAST YEAR'S BUDGET BY $5,438,996 OR 11.4%, AND OF THAT AMOUNT, $1,647,700 IS TAX REVENUE TO BE RAISED FROM NEW PROPERTY ADDED TO THE TAX ROLL THIS YEAR.

NOTICE OF PUBLIC HEARING
The College Station City Council will hold a public hearing on its proposed fiscal year 2019-2020 annual budget at its regular council meeting on Thursday, Sept. 12 at 6 p.m. in Council Chambers at College Station City Hall Council Chambers, located at 1101 Texas Avenue, College Station, Texas. Copies of the proposed budget are available for review with the City Secretary of the City of College Station, at the Bob and Wanda Meyer Senior and Community Center, and on the city’s website. The public is invited to review and make comments on the proposed budget. Comments may be presented in writing or in person at the public hearing or may be made in writing to be mailed or delivered to the Assistant City Manager, College Station City Hall, 1101 Texas Avenue, College Station, Texas, 77842, prior to the end of business on Thursday, Sept. 12.

NOTICE OF 2019 TAX YEAR PROPOSED PROPERTY TAX RATE FOR CITY OF COLLEGE STATION
A tax rate of $0.534618 per $100 valuation has been proposed for adoption by the governing body of City of College Station. 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 College Station proposes to use revenue attributable to the tax rate increase for the purpose of an increase in overall operational costs as a result of growth, including additional staff positions including those in police and fire, pay and benefits, required equipment and supplies, operational fixed costs and payment of debt service.

PROPOSED TAX RATE:   $0.534618 per $100
PRECEDING YEAR'S TAX RATE:   $0.505841 per $100
EFFECTIVE TAX RATE:   $0.495757 per $100
ROLLBACK TAX RATE:   $0.534618 per $100

The effective tax rate is the total tax rate needed to raise the same amount of property tax revenue for City of College Station from the same properties in both the 2018 tax year and the 2019 tax year.

The rollback tax rate is the highest tax rate that City of College Station 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:
KRISTEEN ROE, CTA, PCC
Brazos County Tax Assessor/Collector
4151 County Park Ct., Bryan, TX 77802
 979.775.9930
taxoffice@brazoscountytx.gov
brazostax.org

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

First Hearing: August 22, 2019 at 6:00 PM at City of College Station Council Chambers, 1011 Texas Avenue, College Station, TX 77840.

Second Hearing:
September 12, 2019 at 6:00 PM at City of College Station Council Chambers, 1011 Texas Avenue, College Station, TX 77840.

PROPERTY TAXES

The property tax rate as of Oct. 1, 2018 for the City of College Station will be set at 49.7500¢ per $100 of assessed valuation. Property taxes fund the General Fund and are used to make payments on the City's Debt Service Fund. The breakdown of the tax rate is as follows:

Debt Service: 0.220339 43.6%
General Fund: 0.285502 56.4%
Total $0.505841 100%

The 50.5841¢ rate reflects the City's portion of the tax rate and does not include taxes collected for College Station Independent School District or Brazos County. A break out of the tax rate for all taxing entities is as follows from the Brazos Central Appraisal District:

College Station $ 0.505841
Brazos County 0.485000
CSISD 1.372000
Total $2.362841

SALES TAX RATES

College Station 1.50%
Brazos County 0.50%
State of Texas 6.25%
Total 8.25%

 

FRANCHISE TAXES
Incorporated businesses in Texas are subject to the state franchise tax. Corporations pay either $2.50 per $1,000 in taxable capital, or a 4.5% tax on earned surplus, whichever amount is greater. 

HOTEL OCCUPANCY TAXES

Chapter 1, General Provisions, Section 11 of the Code of Ordinances authorizes the City of College Station to levy a Hotel Occupancy Tax equal to 7% of the consideration paid by the occupant of any hotel where the cost of occupancy is at the rate of $2.00 or more per day.

For more information on Hotel Occupancy Taxes .

For more information on city and county sales & use taxes you can visit: window.state.tx.us/taxinfo/local


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