Taxes

PUBLIC HEARING NOTICE

TUESDAY SEPTEMBER 3, 2019

PUBLIC HEARING AT 7:00 P.M. AT THE  MANVEL CITY HALL, 20025 HWY 6, MANVEL TEXAS

TO HEAR INPUT ON THE 2019 TAX YEAR PROPOSED PROPERTY TAX RATE FOR THE CITY OF MANVEL

A tax rate of $0.64000 per $100 valuation has been proposed for adoption by the governing body of City of Manvel. 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 MANVEL proposes to use revenue attributable to the tax rate increase for the purposes in the General Fund that will fund $445,000 in new needs for the City.  These include eight additional staff persons (6 of which will be added mid-year), new software/hardware technology, office supplies, replacement vehicles, and improvements to capital assets.  The Debt Service Fund spending increased $2,500 as no debt was added during the year.

    PROPOSED TAX RATE     $0.640000 per $100

    PRECEDING YEAR'S TAX RATE  $0.690000 per $100

    EFFECTIVE TAX RATE     $0.639053 per $100

    ROLLBACK TAX RATE     $0.651657 per $100

The second public hearing will be on September 9, 2019 at 6:00 p.m.  at the Manvel City Hall

 PUBLIC HEARING NOTICE

TUESDAY SEPTEMBER 3, 2019

PUBLIC HEARING AT 7:00 P.M. AT THE  MANVEL CITY HALL, 20025 HWY 6, MANVEL TEXAS

TO HEAR INPUT ON THE FISCAL YEAR 2019-2020 PROPOSED BUDGET FOR THE CITY OF MANVEL

TO HEAR INPUT ON THE PROPOSED ANNUAL BUDGET FOR THE FISCAL YEAR OF OCTOBER 1, 2019 TO SEPTEMBER 30, 2020.  THIS BUDGET WILL RAISE MORE TOTAL PROPERTY TAXES THAN LAST YEAR'S BUDGET BY $300,679 OR 5.99%, AND OF THAT AMOUNT, $300,679 IS TAX REVENUE TO BE RAISED FROM NEW PROPERTY ADDED TO THE TAX ROLL THIS YEAR.



           
       PROPERTY TAX RATE FOR CITY OF MANVEL
THIS YEAR'S TAX LEVY TO FUND MAINTENANCE AND OPERATIONS EXPENDITURES EXCEEDS LAST YEAR'S MAINTENANCE AND OPERATIONS TAX LEVY.
There is hereby levied for general purposes and use by the City of Manvel, Texas, for the year 2018, and for each year thereafter until otherwise provided, an ad valorem tax at the rate of $0.690000 (69 Cents) on each One Hundred Dollars ($100) of assessed valuation on all property, real, personal, and mixed, within the corporate limits upon which an ad valorem tax is authorized by law to be levied by the City of Manvel, Texas.



    Sales Tax per $1 taxable purchase


        State of Texas                                                     $0.0625
        City of Manvel                                                     $0.0100
        Brazoria County                                                  $0.0050
        Manvel Economic Development Corporation     $0.0050
                Total                                                            $0.0825