Notice About 2021 Tax Rates

Property Tax Rates in City of Baytown

This notice concerns the 2021 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: $0.82557/$100
This year's voter-approval tax rate: $0.81761/$100

This year's adopted tax rate: $0.785/100

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 $48,376,745
 Debt Service $3,249,299

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
Tax & Revenue Certificate of Obligations Series 2020$960,000$1,207,100$15,260$2,182,360
General Refunding Bond Series 2020$1,555,000$332,875$750$1888,625
General Obligation Refunding Bond Series 2019A$1,210,000$276,450$750$1,487,200
Combination Tax &
Revenue Certificates of
Obligation Series 2019A
 $1,540,000 $161,600 $750 $1,702,350
General Obligation
Refunding Bonds Series
2019
 $200,000 $65,150 $750 $265,900
Combination Tax &
Revenue Certificates of
Obligation Series 2017
 $1,730,000 $479,100 $750 $2,209,850
General Obligation
Refunding Bonds Series
2016
 $704,294 $215,438$750 $920,482
Combination Tax &
Revenue Certificates of
Obligation Series 2015
 $290,000 $179,744 $750 $470,494
General Obligation &
Refunding Bonds Series
2014
 $1,441,130 $426,930 $750 $1,868,810
General Obligation Bonds
Series 2013
 $780,000 $337,775 $750 $1,118,525
General Obligation &
Refunding Bonds Series
2016
 $862,292 $317,538$750 $1,180,580
Total required for 2021 debt service $15,295,176
Amount (if any) paid from funds listed in unencumbered funds $0
Amount (if any) paid from other resources $0
Excess collections last year $528,235
Total to be paid from taxes in 2021 $14,766,941
collect only 101.50% of its taxes in 2021 $-218,231
Total debt levy $14,548,710

 

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 August 17, 2021.