Title
Conduct a public hearing on the proposed property tax rate of $0.5428.
Summary
Summary of Tax Rates:
Current Tax Rate: $0.5362
No-New-Revenue Tax Rate: $0.5259
Voter-Approval Tax Rate: $0.5428
Proposed Tax Rate: $0.5428
Based on the certified property values received from the Travis and Williamson Central Appraisal Districts, the Travis County Tax Office has calculated the voter-approval rate at $0.5428 and the no-new-revenue rate at $0.5259. As required by the Texas Tax Code, this information has been published on the City website www.pflugervilletx.gov/budget and both the Travis (https://travis.trueprodigy-taxtransparency.com) and Williamson (https://williamsonpropertytaxes.org) Central Appraisal District Truth in Taxation websites. In addition, the Notice of Public Hearing on Tax Increase was published in the Pflugerville Pflag on September 18, 2024, as required by Tax Code §26.061.
On August 13, 2024 the City Council adopted a resolution specifying a maximum property tax rate for FY25 of $0.5428/$100 valuation. In accordance with Texas Tax Code 26.05(b), at least 60% (5 out of 7) of the members of Council must vote in favor of the proposed tax rate in order for it to be adopted since the proposed tax rate exceeds the no-new-revenue tax rate.
Prior City Council Action
August 13, 2024, City Council adopted a resolution specifying a maximum property tax rate for FY25 of $0.5428/$100 valuation.
Deadline for City Council Action
Public hearing is required prior to adoption of the tax rate.
Supporting documents attached:
Notice of Public Hearing on Tax Rate
Tax Rate Calculation
Recommended Action
Presentation only