A tax rate of $0.476300 per $100 valuation has been proposed for adoption by the governing body of City of McAllen. 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 McAllen proposes to use revenue attributable to the tax rate increase for the purpose of Public Safety, Quality of Life Projects, Parks Personnel and Capital Improvements.
| | PROPOSED TAX RATE | $0.476300 per $100 |
| | PRECEDING YEAR'S TAX RATE | $0.476300 per $100 |
| | EFFECTIVE TAX RATE | $0.452134 per $100 |
| | ROLLBACK TAX RATE | $0.520012 per $100 |
The effective tax rate is the total tax rate needed to raise the same amount of property tax revenue for City of McAllen from the same properties in both the 2015 tax year and the 2016 tax year.
The rollback tax rate is the highest tax rate that City of McAllen 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:
| | Rebecca M. Grimes |
| | City of McAllen Tax Assessor-Collector |
| | 311 N. 15th, McAllen TX 78501 |
| | 956-681-1330 |
| | rmgrimes@mcallen.net |
| | www.mcallen.net |
Residents are urged to attend and express their views at the following public hearings on the proposed tax rate:
First Hearing: September 12, 2016 at 5:00 PM at McAllen City Hall, 3rd Floor, City Commission Chambers.
Second Hearing: September 19, 2016 at 5:00 PM at McAllen City Hall, 3rd Floor, City Commission Chambers.
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