Notice About 2022 Tax Rates

Property Tax Rates in City of Baytown

This notice concerns the 2022 property tax rates for City of Baytown. This notice provides information about two tax rates. The no-new-revenue tax rate would impose the same amount of taxes as last year if you compare properties taxed in both years. The voter-approval tax rate is the highest tax rate a taxing unit can adopt without holding an election. In each case, these rates are calculated by dividing the total amount of taxes by the current taxable value with adjustments as required by state law. The rates are given per $100 of property value.

This year's no-new-revenue tax rate: $0.75156/$100
This year's voter-approval tax rate: $0.81383/$100

This year' proposed tax rate: $0.75000/$100

To see the full calculations, please visit https://harris.trueprodigy-taxtransparency.com for a copy of the Tax Rate Calculation Worksheet.

Unencumbered Fund Balances

The following estimated balances will be left in the taxing unit's accounts at the end of the fiscal year. These balances are not encumbered by corresponding debt obligation.

Type of FundBalance
 General Fund $23,585,561
 Debt Fund $888,163

Current Year Debt Service

The unit plans to pay the following amounts for long-term debts that are secured by property taxes. These amounts will be paid from upcoming property tax revenues (or additional sales tax revenues, if applicable).

Current Year Debt Service

The unit plans to pay the following amounts for long-term debts that are secured by property taxes. These amounts will be paid from upcoming property tax revenues (or additional sales tax revenues, if applicable).

Description of DebtPrincipal or Contract
Payment to be Paid from
Property Taxes
Interest to be Paid from
Property Taxes
Other Amounts to be
Paid
Total Payment
General Refund Bond Series 2021A$620,000$399,200$0$1,019,200
Combination Tax & Rev Cert of Obligation Series 2020$1,010,000$1,157,850$0$2,167,850


General Obligation Refunding Bond Series 2020$1,630,000$253,250$0$1,883,250
General Operating Refunding Bond Series 2019A $510,000$239,500$0$749,500
Combination Tax &
Revenue Certificates of
Obligation Series 2019A
 $1,605,000 $98,700 $0 $1,703,700
General Obligation
Refunding Bonds Series
2019
 $195,000 $60,225$0 $255,225
Combination Tax &
Revenue Certificates of
Obligation Series 2017
 $1,815,000 $390,475 $0 $2,205,475
General Obligation &
Refunding Bond Series
2016
 $742,795 $179,261 $0 $922.056
General Obligation &  Refunding Bond
Series 2015
 $917,285 $273,049 $0 $1,190,334
Combination Tax & Revenue Certificate of Obligation Series 2015 $300,000 $170,894$0 $470,894
General Obligation & Refunding Bond Series 2014$1,507,523$367,957$0$1,875,480
Combination Tax & Revenue Certificate of Obligation Series 2022$975,000$799,906$0$1,774,906
Total required for 2022 debt service $16,217,870
Amount (if any) paid from funds listed in unencumbered funds $0
Amount (if any) paid from other resources $0
Excess collections last year $26,742
Total to be paid from taxes in 2022 $16,191,128
Collected only 100.00% of its taxes in 2022$0
Total debt levy $16,191,128

 

This notice contains a summary of actual no-new-revenue and voter-approval calculations as certified by Charlene Piggott, RTA, CSTA, Tax Assessor-Collector on September 14, 2022.