NOTICE OF PUBLIC HEARINGS ON
TAX RATE INCREASE AND
NOTICE OF 2024 TAX YEAR
PROPOSED PROPERTY TAX RATE
FOR CITY OF PETERSBURG

A tax rate of $0.6921 per $100 valuation has been proposed for adoption by the governing body of the City of Petersburg. 
PROPOSED TAX RATE 		$0.6921
NO-NEW REVENUE TAX RATE 	$0.6687
VOTER-APPROVAL TAX RATE	$0.6921

The no-new revenue tax rate is the tax rate for the 2023-2024 tax year that will raise the same amount of property tax revenue for Petersburg from the same properties in both the 2022-2023 tax year and the 2023-2024 tax year. 
The voter-approval tax rate is the highest tax rate that Petersburg may adopt without holding an election to seek voter approval of the rate. 
The proposed tax rate is not greater than the no-new revenue tax rate. This means Petersburg is not proposing to increase property taxes for the 2023-2024 tax year.
A PUBLIC MEETING TO VOTE ON THE PROPOSED TAX RATE WILL BE HELD ON SEPTEMBER 12,2023 AT 6:30P.M. PETERSBURG COMMUNITY CENTER, 1906 AVE E, PETERSBURG, TX 79250.
The proposed tax rate is also not greater than the voter-approval rate. As a result, Petersburg is not required to hold an election to seek voter approval of the rate. However, you may express your support or opposition to the proposed tax rate by contacting the members of the City Council of Petersburg, at their offices or by attending the public meeting above. 

You are urged to attend and express your views at the following public hearings on the proposed tax rate:
The first public hearing will be held on August 22nd, 2023 at 6:30 p.m.: at Petersburg Community Center, 1906 Ave E, Petersburg, Texas.
The second public hearing will be held on September 12, 2023 at 6:30 p.m.: at Petersburg Community Center, 1906 Ave E, Petersburg, Texas.

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

The members of the governing body who voted on the proposal to consider the tax increase are as follows:
FOR:		Wayne Mulanax, Ted Matthews, Coke Fullingim, and Joe Ruiz
AGAINST:	None
ABSENT:	Ashley Arriaga, and Mayor Thomas Roden. 
PRESENT:
not voting	
For assistance or detailed information about tax calculations please contact:
Roland Nash
Hale County Tax Assessor/Collector
Courthouse Annex 
521 Broadway Street
Plainview, Texas 79072-8029
806-291-5276
E-mail: mash@halecounty.org
(This notice must be in 18 point type - See § 102.005 (b) and (c) LGC)