THE ADOPTED TAX RATE $0.8615

THE CITY OF NATALIA CITY COUNCIL ADOPTED A TAX RATE THAT WILL RAISE LESS REVENUE FROM PROPERTY TAXES THAN LAST YEAR’S TAX RATE; HAVING A 0.00% PERCENT TAX REVENUE INCREASE FROM PROPERTIES ON THE TAX ROLL IN THE PRECEDING YEAR.

THE ADOPTEDTAX RATE SHALL BE LEVIED AND COLLECTED FOR THE USE AND SUPPORT OF THE MUNICIPAL GOVERNMENT, AND TO PROVIDE AN INTEREST AND SINKING FUND FOR THE 2016-2017 FISCAL YEAR, ON ALL PROPERTY, REAL, PERSONAL, AND MIXED WITHIN THE CORPORATE CITY LIMITS OF SAID CITY ON JANUARY 1, 2016 SUBJECT TO TAXATION, AT THE FOLLOWING TAX RATES:

TAX RATE:  $0.8869 on each $100 valuation, which is apportioned to specific purposes:

  1. $0.7691 on each $100 valuation for Maintenance & Operations (M&O)
  2. $0.0924 on each $100 valuation for Interest & Sinking Fund (I&S)

TAXES LEVIED SHALL BE DUE BY OCTOBER 1, 2016; AND IF NOT PAID BEFORE FEBRUARY 1, 2017 SHALL IMMEDIATELY BECOME DELIQUENT, AND SUBJECT TO PENALTIES & INTEREST.

 

Last Year's Tax Rate: $0.8869 on each $100 valuation, which is apportioned to specific purposes - M&O is $0.7319 and I&S is $0.1550.