NOTICE OF PUBLIC HEARING ON TAX INCREASE

Date:

NOTICE OF PUBLIC HEARING
ON TAX INCREASE

A tax rate of $0.491956 per $100 valuation has been proposed by the governing body of CITY OF BROOKSIDE VILLAGE.

PROPOSED TAX RATE $0.491956 per $100
NO-NEW-REVENUE TAX RATE $0.462748 per $100
VOTER-APPROVAL TAX RATE $0.491956 per $100

The no-new-revenue tax rate is the tax rate for the 2024 tax year that will raise the same amount of property tax revenue for CITY OF BROOKSIDE VILLAGE from the same properties in both the 2023 tax year and the 2024 tax year.

The voter-approval rate is the highest tax rate that CITY OF BROOKSIDE VILLAGE may adopt without holding an election to seek voter approval of the rate.

The proposed tax rate is greater than the no-new-revenue tax rate. This means that CITY OF BROOKSIDE VILLAGE is proposing to increase property taxes for the 2024 tax year.

A PUBLIC HEARING ON THE PROPOSED TAX RATE WILL BE HELD ON SEPTEMBER 5, 2024 AT 6:00 PM AT the Brookside Village City Hall, 6243 Brookside Road, Brookside Village, Texas 77581.

The proposed tax rate is not greater than the voter-approval tax rate. As a result, CITY OF BROOKSIDE VILLAGE is not required to hold an election at which voters may accept or reject the proposed tax rate. However, you may express your support for or opposition to the proposed tax rate by contacting the members of the City Council of CITY OF BROOKSIDE VILLAGE at their offices or by attending the public hearing mentioned above.

YOUR TAXES OWED UNDER ANY OF THE RATES MENTIONED ABOVE CAN BE CALCULATED AS FOLLOWS:
Property tax amount= (tax rate) x (taxable value of your property)/100

FOR the proposal: Mayor Pro Tern Apollo Gonzales Council Member Beth Croix
Council Member Kevin Murphy Council Member Aubrey Yates
AGAINST the proposal: None
PRESENT and not voting: Mayor Glenda Hundl
ABSENT: Council Member Blake Carter

Visit Texas.gov/PropertyTaxes to find a link to your local property tax database on which you can easily access information regarding your property taxes, including information about proposed tax rates and scheduled public hearings of each entity that taxes your property.

The 86th Texas Legislature modified the manner in which the voter-approval tax rate is calculated to limit the rate of growth of property taxes in the state.

The following table compares the taxes imposed on the average residence homestead by CITY OF BROOKSIDE VILLAGE last year to the taxes proposed to be imposed on the average residence homestead by CITY OF BROOKSIDE VILLAGE this year.

2023 2024 Change
Total tax rate $0.503860 $0.491956 decrease of -0.011904 per
(per $100 of value) $100, or -2.36%

Average homestead $238,110 $270,541 increase of 13.62%
taxable value

Tax on average $1,199.74 $1,330.94 increase of 131.20, or
homestead 10.94%

Total tax levy on all $816,091 $878,749 increase of 62,658, or
properties 7.68%

For assistance with tax calculations, please contact the tax assessor for CITY OF BROOKSIDE VILLAGE at (979) 864-1320 or taxoffice@brazoriacountytx.gov, or visit https://www.brazoriacountytx.gov/departments/tax-office for more information.

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