Notice of Public Hearing on Tax Rate
The First Colony Levee Improvement District No. 2 will hold a public hearing on a proposed tax rate for the tax year 2021 on September 7, 2021 at 12:00 PM at 4330 Knightsbridge Blvd., Sugarland, Texas 77479. Your individual taxes may increase at a greater or lesser rate, or even decrease, depending on the tax rate that is adopted and on the change in the taxable value of your property in relation to the change in taxable value of all other property. The change in the taxable value of your property in relation to the change in the taxable value of all other property determines the distribution of the tax burden among all property owners.
For the proposal:
- Ron Frerich
- Christine M. Lukin
- Zach Weimer
Against the proposal:
- None
Present and not voting:
- None
Absent:
- None
The following table compares taxes on an average residence homestead in this taxing unit last year to taxes proposed on the average residence homestead this year.
If the proposed combined debt service, operation and maintenance, and contract tax rate requires or authorizes an election to approve or reduce the tax rate the First Colony LID No. 2 of First Colony Levee Improvement District No. 2 proposes to use the tax increase for the purpose of .
Notice of Vote on Tax Rate
If the district adopts a combined debt service, operation and maintenance and contract tax rate that would result in the taxes on the average residence homestead increasing by more than 3.5 percent, an election must be held to determine whether to approve the operation and maintenance tax rate under Section 49.23602, Water Code.
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.