Polk County Publishing Company, P.O. Box 1267, Livingston, TX. 77351 - (936) 327-4357

San Jacinto News Times - Local News

Copyright 2014 - Polk County Publishing Company


Work on 2014 county budget underway


COLDSPRING — In preparation of preparing a county budget, San Jacinto County Tax Assessor-Collector Kelly Selmer presented a notice of San Jacinto County's effective tax rate, rollback rate and calculation methods to commissioners' court this week. The information must be published prior to completing a proposed budget for the county by the county's budget officer San Jacinto County Judge Fritz Faulkner. Last year's tax rate is the actual tax rate the county used to determine property taxes last year. This year's effective tax rate would impose the same total taxes as last year if you compare properties taxed in both years. This year's rollback tax rate is the highest tax rate the taxing unit can set before taxpayers start rollback procedures. These rates are found by dividing the total amount of taxes by the tax base (the total value of taxable property) with adjustments as required by state law. Last year's total tax rate was $0.648, an amount obtained by adding the General Fund tax rate of $0.483, plus the Farm to Market/Flood Control Fund tax rate of $0.118, plus the Special Road/Bridge Fund tax rate of $0.045. This year's effective tax rate is $0.628 (a rate that would impose the same total taxes as last year), while the rollback tax rate is $0.726. If San Jacinto County adopts a 2014 tax rate equal to the effective tax rate of $0.628 per $100 of value, taxes would increase compared to 2013 taxes by $141,586. By law, the county's proposed budget is scheduled to be filed with the San Jacinto County Clerk and available for public inspection on Aug. 14, at least 15 days prior to public budget hearing. A meeting of commissioners court to discuss the tax rate is scheduled to be held Aug. 18 to discuss the proposed tax rate and set a Sept. 5 date for the first public hearing on the proposed budget, with a second public hearing on Sept. 12. On Sept. 24, the court is expected to adopt the 2014- 2015 county budget and set the county's tax rate. The new budget will go into effect on Oct. 1.


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