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HomeMy WebLinkAbout2025-10-Resolution-Adopting the proposed Tax Rate and establishing Public Hearing date-08/04/2025 RESOLUTION#2025-10 A RESOLUTION OF THE CITY OF SANGER TEXAS, TO TAKE A RECORD VOTE ADOPTING THE PROPOSED PROPERTY TAX RATE CONTAINED IN THE CITY'S PROPOSED 2025-26 MUNICIPAL BUDGET AS THE CITY'S PROPOSED TAX RATE TO BE CONSIDERED FOR ADOPTION AT A PUBLIC HEARING HELD FOR THAT PURPOSE, ESTABLISHING THE DATE, TIME AND PLACE FOR THE PUBLIC HEARINGS ON THE PROPOSED FISCAL YEAR 2025-26 BUDGET AND TAX RATE, AND PROVIDING FOR THE PUBLICATION AS PROVIDED BY THE TEXAS PROPERTY TAX CODE WHEREAS,the City of Sanger has proposed a 2025-26 Budget, and WHEREAS,the proposed tax rate of$0 689747/$100 exceeds the no-new-revenue rate of $0 669556/$100 and does not exceed voter-approval tax rate of $0 691010/$100 and the de muumis rate of$0 706515/$100, and WHEREAS, the proposed 2025-26 Budget contains a proposed tax rate to support the proposed budget, and WHEREAS, a public hearing on the proposed budget and tax rate prior to its adoption is required by Section 102 065 of the Texas Local Government Code and Section 9 04 of the City of Sanger Charter, and WHEREAS, any taxpayer of the City of Sanger may attend and participate m all such hearings, and WHEREAS, the City Council is of the opinion that the proposed tax rate contained m the proposed 2025-26 Budget is the appropnate tax rate to be considered for adoption at a public hearing to be held for that purpose,pursuant to Section 26 05 of the Texas Tax Code, and, WHEREAS,the City Council finds that the passage of this Resolution is in the best interest of the citizens of Sanger NOW THEREFORE,BE IT RESOLVED BY THE CITY COUNCIL OF THE CITY OF SANGER,TEXAS THAT SECTION 1 The facts and recitals set forth in the preamble of this resolution are hereby found to be true and correct SECTION 2 That a Public Hearing on the proposed Property Tax Rate is hereby set to be held on Monday,August 18, 2025 at 7 00 P M in the historic church building located at 403 N 7t' Street, Sanger, Texas 76266 Resolution—Record Vote Specifying the Tax Rate Page 1 of 2 SECTION 3.That a Public Hearing on the Proposed Budget for FY 2025-2026 is hereby set to be held on Monday, August 18, 2025 at 7:00 P.M. in the historic church building located at 403 N 7th Street, Sanger,Texas 76266. SECTION 4. That the City Secretary is directed to post and publish notice of the public hearing on the budget as required by law. SECTION 5.That the meeting at which this resolution was passed, was in compliance with the Texas Open Meetings Act,Texas Government Code, Chapter 551. SECTION 6. That this resolution shall become effective from and after its date of passage. SECTION 7. The City Council of the City of Sanger, Texas met in a public meeting on August 4,2025, and adopted this ordinance with a majority vote as follows: Council Member Marissa Barrett AYE V NAY ABSTAIN ABSENT Council Member Gary Bilyeu AYE ✓ NAY ABSTAIN ABSENT Council Member Josh Burrus AYE NAY ABSTAIN ABSENT ✓ Council Member Allen Chick AYE ✓ NAY ABSTAIN ABSENT Council Member Victor Gann AYE V/ NAY ABSTAIN ABSENT DULY PASSED,APPROVED AND ADOPTED by the City Council of the City of Sanger, Texas, on this 4th day of August, 2025. APPROVED: Thomas E. Muir,Mayor ATTEST: `\ pF !SANG;' Kelly Edwar s,City Secretary /,� TEXPS \\\\ Resolution—Record Vote Specifying the Tax Rate Page 2 of 2 2025 Tax Rate Calculation Worksheet Form 50-856 Taxing Units Other Than School Districts or Water Districts CITY OF SANGER Taxing Unit Name Phone(area code and number) Taxing Unit's Address,City,State,ZIP Code Taxing Unit's Website Address GENERAL INFORMATION:Tax Code Section 26.04(c)requires an officer or employee designated by the governing body to calculate the no-new-revenue(NNR)tax rate and voter-approval tax rate for the taxing unit.These tax rates are expressed in dollars per$100 of taxable value calculated.The calculation process starts after the chief appraiser delivers to the taxing unit the certified appraisal roll and the estimated values of properties under protest.The designated officer or employee shall certify that the officer or employee has accurately calculated the tax rates and used values shown for the certified appraisal roll or certified estimate.The officer or employee submits the rates to the governing body by Aug.7 or as soon thereafter as practicable. School districts do not use this form,but instead use Comptroller Form 50-859 Tax Rote Calculation Worksheet,School District without Chapter 313 Agreements or Comptroller Form 50-884 Tax Rate Calculation Worksheet,School District with Chapter 313 Agreements. Water districts as defined under Water Code Section 49.001(1)do not use this form,but instead use Comptroller Form 50-858 Water District Voter-Approval Tax Rate Worksheet for Low Tax Rate and Developing Districts or Comptroller Form 50-860 Developed Water District Voter-Approval Tax Rate Worksheet. The Comptroller's office provides this worksheet to assist taxing units in determining tax rates.The information provided in this worksheet is offered as technical assistance and not legal advice.Taxing units should consult legal counsel for interpretations of law regarding tax rate preparation and adoption. SECTION 1:No-New-Revenue Tax Rate The NNR tax rate enables the public to evaluate the relationship between taxes for the prior year and for the current year based on a tax rate that would produce the same amount of taxes(no new taxes)if applied to the same properties that are taxed in both years.When appraisal values increase,the NNR tax rate should decrease. The NNR tax rate for a county is the sum of the NNR tax rates calculated for each type of tax the county levies. While uncommon,it is possible for a taxing unit to provide an exemption for only maintenance and operations taxes.In this case,the taxing unit will need to calculate the NNR tax rate separately for the maintenance and operations tax and the debt tax,then add the two components together. 1. Prior year total taxable value.Enter the amount of the prior year taxable value on the prior year tax roll today.Include any adjustments since last year's certification;exclude Tax Code Section 25.25(d)one-fourth and one-third over-appraisal corrections from these adjustments.Exclude any property value subject to an appeal under Chapter 42 as of July 25(will add undisputed value in Line 6).This total includes the taxable value of homesteads with tax ceilings(will deduct in Line 2)and the captured value for tax increment financing(adjustment is made by deducting TIF taxes, as reflected in Line 17).' $ 1,319,870,413 2. Prior year tax ceilings.Counties,cities and junior college districts.Enter the prior year total taxable value of homesteads with tax ceilings. These include the homesteads of homeowners age 65 or older or disabled.Other taxing units enter 0.If your taxing unit adopted the tax ceiling provision last year or a prior year for homeowners age 65 or older or disabled,use this step.' $ 0 3. Preliminary prior year adjusted taxable value.Subtract Line 2 from Line 1. $ 1,319,870,413 4. Prior year total adopted tax rate. 0.689747 $ /$100 5. Prior year taxable value lost because court appeals of ARB decisions reduced the prior year's appraised value. A. Original prior year ARB values: $ 69,029,131 B. Prior year values resulting from final court decisions: $61,910,000 C. Prior year value loss.Subtract B from A.' $ 7,119,131 6. Prior year taxable value subject to an appeal under Chapter 42,as of July 25. A. Prior year ARB certified value: $ 30,180,503 B. Prior year disputed value. -$ 6,036,101 C. Prior year undisputed value.Subtract B from A.' $ 24,144,402 7. Prior year Chapter 42 related adjusted values.Add Line SC and Line 6C. $ 31,263,533 'Tex.Tax Code§26.012(14) 'Tex.Tax Code§26.012(14) 'Tex.Tax Code§26.012(13) 'Tex.Tax Code 426.012(131 Form developed by:Texas Comptroller of Public Accounts,Property Tax Assistance Division For additional copies,visit:comptroller.texas.gov/taxes/property-tax 50-I1 56.6-25/13 2025 Tax Rate Calculation Worksheet—Taxing Units Other Than School Districts or Water Districts Form 50-856 8. Prior year taxable value,adjusted for actual and potential court-ordered adjustments.Add Line 3 and Line 7. $ 1,351,133,946 9. Prior year taxable value of property in territory the taxing unit deannexed after Jan.1,2024.Enter the prior year value of property in deannexed territory.s 0 $ 10. Prior year taxable value lost because property first qualified for an exemption in the current year.If the taxing unit increased an original exemption,use the difference between the original exempted amount and the increased exempted amount.Do not include value lost due to freeport,goods-in-transit,temporary disaster exemptions.Note that lowering the amount or percentage of an existing exemption in the current year does not create a new exemption or reduce taxable value. A. Absolute exemptions.Use prior year market value: $ 0 B. Partial exemptions.Current year exemption amount or current year percentage exemption times prior year value- +$ 1,620,821 C. Value loss.Add A and B.' $ 1,620,821 11. Prior year taxable value lost because property first qualified for agricultural appraisal(1-d or 1-d-1),timber appraisal,recreational/ scenic appraisal or public access airport special appraisal in the current year.Use only properties that qualified for the first time in the cur- rent year;do not use properties that qualified in the prior year. A. Prior year market value: $ 5,876,111 B. Current year productivity or special appraised value. _$ 8,093 C. Value loss.Subtract B from A.' $ 5,868,018 12. Total adjustments for lost value.Add Lines 9,10C and 11C. $ 7,488,839 13. Prior year captured value of property in a TIF.Enter the total value of the prior year captured appraised value of property taxable by a tax- ing unit in a tax increment financing zone for which the prior year taxes were deposited into the tax increment fund.alf the taxing unit has no captured appraised value in line 18D,enter 0. $ 0 14. Prior year total value.Subtract Line 12 and Line 13 from Line 8. $ 1,343,645,107 15. Adjusted prior year total levy.Multiply Line 4 by Line 14 and divide by$100. $9,267,751 16. Taxes refunded for years preceding the prior tax year.Enter the amount of taxes refunded by the taxing unit for tax years preceding the prior tax year.Types of refunds include court decisions,Tax Code Section 25.25(b)and(c)corrections and Tax Code Section 31.11 payment errors.Do not include refunds for the prior tax year.This line applies only to tax years preceding the prior tax year.' $ 52,428 17. Adjusted prior year levy with refunds and TIF adjustment.Add Lines 15 and 16.10 $ 9,320,179 18. Total current year taxable value on the current year certified appraisal roll today.This value includes only certified values or certified esti- mate of values and includes the total taxable value of homesteads with tax ceilings(will deduct In Line 20).These homesteads include home- owners age 65 or older or disabled." A. Certified values: $ 1,430,451,420 B. Counties:Include railroad rolling stock values certified by the Comptroller's office: +$ C. Pollution control and energy storage system exemption:Deduct the value of property exempted for the current tax year for the first time as pollution control or energy storage system property- -$ 0 D. Tax increment financing:Deduct the current year captured appraised value of property taxable by a taxing unit in a tax increment financing zone for which the current year taxes will be deposited into the tax increment fund.Do not include any new property value that will be included in Line 24 below." -$ 0 E. Total current year value.Add A and B,then subtract C and D. $ 1,430,451,420 'Tex.Tax Code§26.012(151 'Tex.Tax Code§26.012(15) 'Tex.Tax Code 626.012(15) °Tex.Tax Code§26.03(c) 'Tex.Tax Code 626.012(13) 10 Tex.Tax Code 626.012(13) "Tex.Tax Code 626.012,26.04(c-2) "Tex.Tax Code 426.03(c) For additional copies,visit:comptroller.texas.gov/taxes/property-tax Page 2 2025 Tax Rate Calculation Worksheet-Taxing Units Other Than School Districts or Water Districts Form 50-856 11111111 (1 RevenueTax RateWo j' Amount/Rate 19. Total value of properties under protest or not included on certified appraisal roll." A. Current year taxable value of properties under protest.The chief appraiser certifies a list of properties still under ARB protest.The list shows the appraisal district's value and the taxpayer's claimed value,if any, or an estimate of the value if the taxpayer wins.For each of the properties under protest,use the lowest of these values.Enter the total value under protest.'+ $ 548,879 B. Current year value of properties not under protest or included on certified appraisal roll.The chief appraiser gives taxing units a list of those taxable properties that the chief appraiser knows about but are not included in the appraisal roll certification.These properties also are not on the list of properties that are still under protest.On this list of properties,the chief appraiser includes the market value, appraised value and exemptions for the preceding year and a reasonable estimate of the market value, appraised value and exemptions for the current year.Use the lower market,appraised or taxable value (as appropriate).Enter the total value of property not on the certified roll.15 +$ 0 C. Total value under protest or not certified.Add A and B. $ 548,879 20. Current year tax ceilings.Counties,cities and junior colleges enter current year total taxable value of homesteads with tax ceilings.These include the homesteads of homeowners age 65 or older or disabled.Other taxing units enter 0.If your taxing unit adopted the tax ceiling provi- sion in the prior year or a previous year for homeowners age 65 or older or disabled,use this step.16 $0 21. Antidpated contested value.Affected taxing units enter the contested taxable value for all property that Is subject to anticipated substantial litigation."An affected taxing unit is wholly or partly located in a county that has a population of less than 500,000 and is located on the Gulf of Mexico.16 If completing this section,the taxing unit must include supporting documentation in Section 9."Taxing units that are not affected, enter 0. $ 22. Current year total taxable value.Add Lines 18E and 19C,then subtract Lines 20 and 21?6 $ 1,431,000,299 23. Total current year taxable value of properties in territory annexed after Jan.1,of the prior year.Include both real and personal property. Enter the current year value of property in territory annexed." $0 24. Total current year taxable value of new improvements and new personal property located In new improvements.New means the item was not on the appraisal roll in the prior year.An improvement is a building,structure,fixture or fence erected on or affixed to land.New additions to existing improvements may be included if the appraised value can be determined.New personal property in a new improvement must have been brought into the taxing unit after Jan.1,of the prior year and be located in a new improvement.New improvements do include property on which a tax abatement agreement has expired for the current year.22 $ 39,008,016 25. Total adjustments to the current year taxable value.Add Lines 23 and 24. $ 39,008,016 26. Adjusted current year taxable value.Subtract Line 25 from Line 22. $ 1,391,992,283 27. Current year NNR tax rate.Divide Line 17 by Line 26 and multiply by$100.73 $ 0.669556 /5100 28. COUNTIES ONLY.Add together the NNR tax rates for each type of tax the county levies.The total is the current year county NNR tax rate.24 $ Moo SECTION 2:Voter Approval Tax Rate The voter-approval tax rate is the highest tax rate that a taxing unit may adopt without holding an election to seek voter approval of the rate.The voter-approval tax rate is split into two separate rates: 1. Maintenance and Operations(M&O)Tax Rate:The M&O portion is the tax rate that is needed to raise the same amount of taxes that the taxing unit levied in the prior year plus the applicable percentage allowed by law.This rate accounts for such things as salaries,utilities and day-to-day operations. 2. Debt Rate:The debt rate includes the debt service necessary to pay the taxing unit's debt payments in the coming year.This rate accounts for principal and interest on bonds and other debt secured by property tax revenue. The voter-approval tax rate for a county is the sum of the voter-approval tax rates calculated for each type of tax the county levies.In most cases the voter-approval tax rate exceeds the no-new-revenue tax rate,but occasionally decreases in a taxing unit's debt service will cause the NNR tax rate to be higher than the voter-approval tax rate. "Tex.Tax Code§26.01(c)and(d) "Tex.Tax Code§26.01(c) "Tex.Tax Code§26.01(d) "Tex.Tax Code§26.012(6)(B) "Tex.Tax Code§§26.012(6)(C)and 26.012(143) "Tex.Tax Code§26.012(1-a) "Tex.Tax Code§26.04(d-3) "Tex.Tax Code§26.012(6) "Tex.Tax Code§26.012(17) "Tex.Tax Code§26.012(17) "Tex.Tax Code§26.04(c) "Tex.Tax Code§26.04(d) For additional copies,visit:comptroller.texas.gov/taxes/property-tax Page 3 2025 Tax Rate Calculation Worksheet—Taxing Units Other Than School Districts or Water Districts Form 50-856 29. Prior year M&O tax rate.Enter the prior year M&O tax rate. $ 0.568912 /$100 30. Prior year taxable value,adjusted for actual and potential court-ordered adjustments.Enter the amount in Line 8 of the No-New-Revenue Tax Rate Worksheet $ 1,351,133,946 31. Total prior year M&0 levy.Multiply Line 29 by Line 30 and divide by 5100. $ 7,686,763 32. ! Adjusted prior year levy for calculating NNR M&O rate. A. M&O taxes refunded for years preceding the prior tax year.Enter the amount of M&O taxes refunded in the preceding year for taxes before that year.Types of refunds include court decisions, Tax Code Section 25.25(b)and(c)corrections and Tax Code Section 31.11 payment errors.Do not include refunds for tax year 2024.This line applies only to tax years preceding the prior tax year. +$ 43,161 B. Prior year taxes in TIF.Enter the amount of taxes paid into the tax increment fund for a reinvestment zone as agreed by the taxing unit.If the taxing unit has no current year captured appraised value in Line 18D,enter 0 _$ 0 C. Prior year transferred function.If discontinuing all of a department,function or activity and transferring it to another taxing unit by written contract,enter the amount spent by the taxing unit discontinuing the function in the 12 months preceding the month of this calculation.If the taxing unit did not operate this function for this 12-month period,use the amount spent in the last full fiscal year in which the taxing unit operated the function.The taxing unit discontinuing the function will subtract this amount in D below.The taxing unit receiving the function will add this amount in D below.Other taxing units enter 0. +/-$ 0 D. Prior year M&O levy adjustments.Subtract B from A.For taxing unit with C,subtract if discontinuing function and add if receiving function $ 43,161 E. Add Line 31 to 32D. $ 7,729,924 33. Adjusted current year taxable value.Enter the amount in Line 26 of the No-New-Revenue Tax Rate Worksheet. $ 1,391,992,283 34. Current year NNR M&O rate(unadjusted).Divide Line 32E by Line 33 and multiply by$100. $ 0.555313 /$100 35. Rate adjustment for state criminal justice mandate.26 A. Current year state criminal justice mandate.Enter the amount spent by a county in the previous 12 months providing for the maintenance and operation cost of keeping inmates in county-paid facilities after they have been sentenced.Do not include any state reimbursement received by the county for the same purpose. $ 0 B. Prior year state criminal justice mandate.Enter the amount spent by a county in the 12 months prior to the previous 12 months providing for the maintenance and operation cost of keeping inmates in county-paid facilities after they have been sentenced.Do not include any state reimbursement received by the county for the same purpose.Enter zero if this is the first time the mandate applies —$ 0 C. Subtract B from A and divide by Line 33 and multiply by$100 $ 0.000000 /$100 D. Enter the rate calculated in C.If not applicable,enter 0. $ 0.000000 /$100 36. Rate adjustment for indigent health care expenditures.37 A. Current year indigent health care expenditures.Enter the amount paid by a taxing unit providing for the maintenance and operation cost of providing indigent health care for the period beginning on July 1,of the prior tax year and ending on June 30,of the current tax year,less any state assistance received for the same purpose. $ 0 B. Prior year indigent health care expenditures.Enter the amount paid by a taxing unit providing for the maintenance and operation cost of providing indigent health care for the period beginning on July 1,2023 and ending on June 30,2024,less any state assistance received for the same purpose. —$ 0 C. Subtract B from A and divide by Line 33 and multiply by$100 $0.000000 /$100 D. Enter the rate calculated in C.If not applicable,enter 0. $0,000000 /$1o0 "[Reserved for expansion] 1°Tex.Tax Code 426.044 "Tex.Tax Code 426.0441 For additional copies,visit:comptroller.texas.gov/taxes/property-tax Page 4 200414de nl ksheet-1Wel1107111401herThan&hoofDistrktsorWaterDistricts litl r! x 37. Rate adjustment for county indigent defense compensation.28 A. Current year indigent defense compensation expenditures.Enter the amount paid by a county to provide appointed counsel for indigent individuals and fund the operations of a public defender's office under Article 26.044,Code of Criminal Procedure for the period beginning on July 1,of the prior tax year and ending on June 30,of the current tax year,less any state grants received by the county for the same purpose $ 0 B. Prior year indigent defense compensation expenditures.Enter the amount paid by a county to provide appointed counsel for indigent individuals and fund the operations of a public defender's office under Article 26.044,Code of Criminal Procedure for the period beginning on July 1,2023 and ending on June 30,2024,less any state grants received by the county for the same purpose $ 0 C. Subtract B from A and divide by Line 33 and multiply by$100 $ 0.000000 /$100 D. Multiply B by 0.05 and divide by Line 33 and multiply by$100. $ 0.000000 /$100 E. Enter the lesser of C and D.If not applicable,enter 0. $ 0.000000 /$100 38. Rate adjustment for county hospital expenditures." A. Current year eligible county hospital expenditures.Enter the amount paid by the county or municipality to maintain and operate an eligible county hospital for the period beginning on July 1,of the prior tax year and ending on June 30,of the current tax year $ 0 B. Prior year eligible county hospital expenditures.Enter the amount paid by the county or municipality to maintain and operate an eligible county hospital for the period beginning on July 1,2023 and ending on June 30,2024 $ 0 C. Subtract B from A and divide by Line 33 and multiply by$100. $ 0.000000 /$100 D. Multiply B by 0.08 and divide by Line 33 and multiply by$100. $ 0.000000 /$100 E. Enter the lesser of C and D,if applicable.If not applicable,enter 0. $ 0.000000 /$100 39. Rate adjustment for defunding municipality.This adjustment only applies to a municipality that is considered to be a defunding municipal- ity for the current tax year under Chapter 109,Local Government Code.Chapter 109,Local Government Code only applies to municipalities with a population of more than 250,000 and includes a written determination by the Office of the Governor.See Tax Code Section 26.0444 for more information. A. Amount appropriated for public safety in the prior year.Enter the amount of money appropriated for public safety in the budget adopted by the municipality for the preceding fiscal year $ 0 B. Expenditures for public safety in the prior year.Enter the amount of money spent by the municipality for public safety during the preceding fiscal year $ 0 C. Subtract B from A and divide by Line 33 and multiply by$100 $0.000000 /$100 D. Enter the rate calculated in C.If not applicable,enter 0. $ 0.000000 /$100 40. Adjusted current year NNR M&O rate.Add Lines 34,35D,36D,37E,and 38E.Subtract Line 39D. $ 0.555313 /5100 41. Adjustment for prior year sales tax specifically to reduce property taxes.Cities,counties and hospital districts that collected and spent additional sales tax on M&O expenses in the prior year should complete this line.These entities will deduct the sales tax gain rate for the current year in Section 3.Other taxing units,enter zero. A. Enter the amount of additional sales tax collected and spent on M&O expenses in the prior year,if any. Counties must exclude any amount that was spent for economic development grants from the amount of sales tax spent $ 0 B. Divide Line 41A by Line 33 and multiply by$100 $ 0.000000 /$100 C. Add Line 41 B to Line 40. $ 0.555313 /$100 42. Current year voter-approval M&O rate.Enter the rate as calculated by the appropriate scenario below. Special Taxing Unit.If the taxing unit qualifies as a special taxing unit,multiply Line 41 C by 1.08. -or- Other Taxing Unit.lithe taxing unit does not qualify as a special taxing unit,multiply Line 41 C by 1.035. $ 0.574748 /$100 3 Tex.Tao Code§26.0442 "Tex.Tao Code 426.0443 For additional copies,visit:comptroller.texas.gov/taxes/property-tax Page 5 2025 Tax Rate Calculation Worksheet-Taxing Units Other Than School Districts or Water Districts Form 50-856 D42. Disaster Line 42(D42):Current year voter-approval M&O rate for taxing unit affected by disaster declaration.If the taxing unit is located in an area declared a disaster area and at least one person is granted an exemption under Tax Code Section 11.35 for property located in the taxing unit,the governing body may direct the person calculating the voter-approval tax rate to calculate in the manner provided for a special taxing unit.The taxing unit shall continue to calculate the voter-approval tax rate in this manner until the earlier of: 1)the first year in which total taxable value on the certified appraisal roll exceeds the total taxable value of the tax year in which the disaster occurred;or 2)the third tax year after the tax year in which the disaster occurred. If the taxing unit qualifies under this scenario,multiply Line 41C by 1.08.3°If the taxing unit does not qualify,do not complete Disaster Line 42(Line D42). 0.000000 $ /5100 43. Total current year debt to be paid with property taxes and additional sales tax revenue.Debt means the interest and principal that will be paid on debts that: (1) are paid by property taxes; (2) are secured by property taxes; (3) are scheduled for payment over a period longer than one year;and (4) are not classified in the taxing unit's budget as M&O expenses. A. Debt also includes contractual payments to other taxing units that have incurred debts on behalf of this taxing unit,if those debts meet the four conditions above.Include only amounts that will be paid from property tax revenue.Do not include appraisal district budget payments.If the governing body of a taxing unit authorized or agreed to authorize a bond,warrant,certificate of obligation,or other evidence of indebtedness on or after Sept.1,2021,verify if it meets the amended definition of debt before including it here.3' Enter debt amount $ 1,853,721 B. Subtract unencumbered fund amount used to reduce total debt. -$ 10,000 C. Subtract certified amount spent from sales tax to reduce debt(enter zero if none) -$ 0 D. Subtract amount paid from other resources _$ 180,000 E. Adjusted debt.Subtract B,C and D from A. $ 1,663,721 44. Certified prior year excess debt collections.Enter the amount certified by the collector." $ 0 45. Adjusted current year debt.Subtract Line 44 from Line 43E. $ 1,663,721 46. Current year anticipated collection rate. A. Enter the current year anticipated collection rate certified by the collector." 100.00 qb B. Enter the prior year actual collection rate 98.80 qb C. Enter the 2023 actual collection rate 100.55 D. Enter the 2022 actual collection rate 99.03 qb E. If the anticipated collection rate in A is lower than actual collection rates in B,C and D,enter the lowest collection rate from B,C and D.If the anticipated rate in A is higher than at least one of the rates in the prior three years,enter the rate from A.Note that the rate can be greater than 100%.34 100.00 q( 47. Current year debt adjusted for collections.Divide Line 45 by Line 46E. $ 1,663,721 48. Current year total taxable value.Enter the amount on Line 22 of the No-New-Revenue Tax Rate Worksheet. $ 1,431,000,299 49. Current year debt rate.Divide Line 47 by Line 48 and multiply by$100. $ 0.116262 /$100 50. Current year voter-approval M&O rate plus current year debt rate.Add Lines 42 and 49. $ 0.691010 /$100 D50. Disaster Line 50(DSO):Current year voter-approval tax rate for taxing unit affected by disaster declaration.Complete this line if the taxing unit calculated the voter-approval tax rate in the manner provided for a special taxing unit on Line D42. Add Line D42 and 49. $ 0.000000 /$100 Tex.Tax Code§26.042(a) "Tex.Tax Code§26.012(7) u Tex.Tax Code§26.012(10)and 26.04(h) "Tex.Tax Code§26.04(b) "Tex.Tax Code§§26.04(h),(h-1)and(h-2) For additional copies,visit:comptroller.texas.gov/taxes/property-tax Page 6 q 0 51. COUNTIES ONLY.Add together the voter-approval tax rates for each type of tax the county levies.The total is the current year county voter-approv- al tax rate. $ 0.000000 /$100 SECTION 3:NNR Tax Rate and Voter Approval Tax Rate Adjustments for Additional Sales Tax to Reduce Property Taxes Cities,counties and hospital districts may levy a sales tax specifically to reduce property taxes.Local voters by election must approve imposing or abolishing the additional sales tax.If approved,the taxing unit must reduce its NNR and voter-approval tax rates to offset the expected sales tax revenue. This section should only be completed by a county,city or hospital district that is required to adjust its NNR tax rate and/or voter-approval tax rate because it adopted the additional sales tax. 52. Taxable Sales.For taxing units that adopted the sales tax in November of the prior tax year or May of the current tax year,enter the Comptroller's estimate of taxable sales for the previous four quarters."Estimates of taxable sales may be obtained through the Comptroller's Allocation Historical Summary webpage. Taxing units that adopted the sales tax before November of the prior year,enter 0. $ 0 53. Estimated sales tax revenue.Counties exclude any amount that is or will be spent for economic development grants from the amount of esti- mated sales tax revenue.36 Taxing units that adopted the sales tax in November of the prior tax year or in May of the current tax year.Multiply the amount on Line 52 by the sales tax rate(.01,.005 or.0025,as applicable)and multiply the result by.95." -or- Taxing units that adopted the sales tax before November of the prior year.Enter the sales tax revenue for the previous four quarters. Do not multiply by.95. $0 54. Current year total taxable value.Enter the amount from Line 22 of the No-New-Revenue Tax Rate Worksheet. $ 1,431,000,299 55. Sales tax adjustment rate.Divide Line 53 by Line 54 and multiply by$100. $ 0.000000 /5100 56. Current year NNR tax rate,unadjusted for sales tax.' Enter the rate from Line 27 or 28,as applicable,on the No-New-Revenue Tax Rate Worksheet. $ 0.669556 /5100 57. Current year NNR tax rate,adjusted for sales tax. Taxing units that adopted the sales tax in November the prior tax year or in May of the current tax year.Subtract Line 55 from Line 56.Skip to Line 58 if you adopted the additional sales tax before November of the prior tax year. $ 0.669556 /$100 58. Current year voter-approval tax rate,unadjusted for sales tax.39 Enter the rate from Line 50,Line D50(disaster)or Line 51(counties)as applicable,of the Voter-Approval Tax Rate Worksheet. $ 0.691010 /5100 59. Current year voter-approval tax rate,adjusted for sales tax.Subtract Line 55 from Line 58. $ 0.691010 /5100 SECTION 4:Voter Approval Tax Rate Adjustment for Pollution Control A taxing unit may raise its rate for M&O funds used to pay for a facility,device or method for the control of air,water or land pollution.This includes any land,structure,building, installation,excavation,machinery,equipment or device that is used,constructed,acquired or installed wholly or partly to meet or exceed pollution control requirements.The taxing unit's expenses are those necessary to meet the requirements of a permit issued by the Texas Commission on Environmental Quality(TCEQ).The taxing unit must provide the tax assessor with a copy of the TCEQ letter of determination that states the portion of the cost of the installation for pollution control. This section should only be completed by a taxing unit that uses M&O funds to pay for a facility,device or method for the control of air,water or land pollution. 60. Certified expenses from the Texas Commission on Environmental Quality(TCEQ).Enter the amount certified in the determination letter from TCEQ."The taxing unit shall provide its tax assessor-collector with a copy of the letter." 5 0 61. Current year total taxable value.Enter the amount from Line 22 of the No-New-Revenue Tax Rate Worksheet. $ 1,431,000,299 62. Additional rate for pollution control.Divide Line 60 by Line 61 and multiply by$100. $ 0.000000 /$100 13 Tex.Tax Code§26.041(d) *Tex.Tax Code§26.041(i) "Tex.Tax Code§26.041(d) 1°Tex.Tax Code§26.04(c) 19 Tex.Tax Code§26.04(c) i0 Tex.Tax Code§26.045(d) "Tex.Tax Code§26.045(i) For additional copies,visit:comptroller.texas-gov/taxes/property-tax Page 7 2025 Tax Rate Calculation Worksheet-Taxing Units Other Than School Districts or Water Districts Form 50-856 63. Current year voter-approval tax rate,adjusted for pollution control.Add line 62 to one of the following lines(as applicable):Line 50,Line D50(disaster),Line Si(counties)or Line 59(taxing units with the additional sales tax). $ 0.691010 /$100 SECTION 5:Voter Approval Tax Rate Adjustment for Unused Increment Rate The unused increment rate is the rate equal to the sum of the prior 3 years Foregone Revenue Amounts divided by the current taxable value."The Foregone Revenue Amount for each year is equal to that year's adopted tax rate subtracted from that year's voter-approval tax rate adjusted to remove the unused increment rate multiplied by that year's current total value." The difference between the adopted tax rate and adjusted voter-approval tax rate is considered zero in the following scenarios: • a tax year in which a taxing unit affected by a disaster declaration calculates the tax rate under Tax Code Section 26.042;" • a tax year in which the municipality is a defunding municipality,as defined by Tax Code Section 26.0501(a);45 or • after Jan.1,2022,a tax year in which the comptroller determines that the county implemented a budget reduction or reallocation described by Local Government Code Section 120.002(a)without the required voter approval." This section should only be completed by a taxing unit that does not meet the definition of a special taxing unit." 64. Year 3 Foregone Revenue Amount.Subtract the 2024 unused increment rate and 2024 actual tax rate from the 2024 voter-approval tax rate.Multiply the result by the 2024 current total value A.Voter-approval tax rate(Line 68) $ 0.681570 /Slop B.Unused increment rate(Line 67) S 0-000000 /$100 C.Subtract B from A $ 0.681570 /5100 D.Adopted Tax Rate $ 0.689747 /5100 E.Subtract D from C $ -0.008177 /5100 F.2024 Total Taxable Value(Line 60) 5 1,373,144,623 G.Multiply E by F and divide the results by$100.If the number is less than zero,enter zero $ 0 65. Year 2 Foregone Revenue Amount.Subtract the 2023 unused increment rate and 2023 actual tax rate from the 2023 voter-approval tax rate.Multiply the result by the 2023 current total value A.Voter-approval tax rate(Line 67) $ 0.669136 /Slop B.Unused increment rate(Line 66) $ 0.000000 /5100 C.Subtract B from A $ 0.669136 MOO D.Adopted Tax Rate $ 0.689747 /5100 E.Subtract D from C 5 -0.020611 /5100 F.2023 Total Taxable Value(Line 60) $ 1,285,880,641 G.Multiply E by F and divide the results by$100.If the number is less than zero,enter zero. $ 0 66. Year 1 Foregone Revenue Amount.Subtract the 2022 unused increment rate and 2022 actual tax rate from the 2022 voter-approval tax rate.Multiply the result by the 2022 current total value A.Voter-approval tax rate(Line 67) $ 0.561763 /$lop B.Unused increment rate(Line 66) $ 0.000000 /Slop C.Subtract B from A 5 0.561763 /5100 D.Adopted Tax Rate $ 0.589497 /S100 E.Subtract D from C $ -0.027734 /$100 F.2022 Total Taxable Value(Line 60) 5 1,081,144,829 G.Multiply E by F and divide the results by$100.If the number is less than zero,enter zero $ 0 67. Total Foregone Revenue Amount.Add Lines 64G,65G and 66G S 0 /5100 68. 2025 Unused Increment Rate.Divide Line 67 by Line 22 of the No-New-Revenue Rate Worksheet.Multiply the result by 100 5 0.000000 /5100 69. Total 2025 voter-approval tax rate,including the unused increment rate.Add Line 68 to one of the following lines(as applicable):Line 50, Line 51(counties),Line 59(taxing units with additional sales tax)or Line 63(taxing units with pollution) $ 0.691010 /S100 "Tex.Tax Code§26.013(b) "Tex.Tax Code§§26.013(a)(1-a),(1-61.and(21 "Tex.Tax Code§§26.04(c)(2)(A)and 26.042(a) "Tex.Tax Code§§26.0501(a)and(c) "Tex.Local Gov't Code§120.007(d) "Tex.Local Gov't Code§26.04(c)121(B) For additional copies,visit:comptroller.texas.gov/taxes/property-tax Page 8 2025 Tax Rate Calculation Worksheet-Taxing Units Other Than School Districts or Water Districts Form 50-856 SECTION 6:De Minimis Rate The de minimis rate is the rate equal to the sum of the no-new-revenue maintenance and operations rate,the rate that will raise$500,000,and the current debt rate for a taxing unit.'x This section should only be completed by a taxing unit that is a municipality of less than 30,000 or a taxing unit that does not meet the definition of a special taxing unit." 70. Adjusted current year NNR M&O tax rate.Enter the rate from Line 40 of the Voter-Approval Tax Rate Worksheet $0.555313 moo 71. Current year total taxable value.Enter the amount on Line 22 of the No-New-Revenue Tax Rate Worksheet. $ 1,431,000,299 72. Rate necessary to impose 5500,000 in taxes.Divide$500,000 by Line 71 and multiply by$100. $ 0.034940 /5100 73. Current year debt rate.Enter the rate from Line 49 of the Voter-Approval Tax Rate Worksheet. $ 0.116262 /$100 74. De minimis rate.Add Lines 70,72 and 73. $ 0.706515 /$too SECTION 7:Voter Approval Tax Rate Adjustment for Emergency Revenue Rate In the tax year after the end of the disaster calculation time period detailed in Tax Code Section 26.042(a),a taxing unit that calculated its voter-approval tax rate in the manner provided for a special taxing unit due to a disaster must calculate its emergency revenue rate and reduce its voter-approval tax rate for that year? Similarly,if a taxing unit adopted a tax rate that exceeded its voter-approval tax rate,calculated normally,without holding an election to respond to a disaster,as allowed by Tax Code Section 26.042(d),in the prior year,it must also reduce its voter-approval tax rate for the current tax year." This section will apply to a taxing unit other than a special taxing unit that: • directed the designated officer or employee to calculate the voter-approval tax rate of the taxing unit in the manner provided for a special taxing unit in the prior year;and • the current year is the first tax year in which the total taxable value of property taxable by the taxing unit as shown on the appraisal roll for the taxing unit submitted by the assessor for the taxing unit to the governing body exceeds the total taxable value of property taxable by the taxing unit on January 1 of the tax year in which the disaster occurred or the disaster occurred four years ago.This section will apply to a taxing unit in a disaster area that adopted a tax rate greater than its voter-approval tax rate without holding an election in the prior year. Note:This section does not apply if a taxing unit is continuing to calculate its voter-approval tax rate in the manner provided for a special taxing unit because it is still within the disaster calculation time period detailed in Tax Code Section 26.042(a)because it has not met the conditions in Tax Code Section 26.042(a)(1)or(2). 75. 2024 adopted tax rate.Enter the rate in Line 4 of the No-New-Revenue Tax Rate Worksheet. $ 0.689747 5100 76. Adjusted 2024 voter-approval tax rate.Use the taxing unit's Tax Rate Calculation Worksheets from the prior year(s)to complete this line." If a disaster occurred in 2024 and the taxing unit calculated its 2024 voter-approval tax rate using a multiplier of 1.08 on Disaster Line 41(D41) of the 2024 worksheet due to a disaster,complete the applicable sections or lines of Form 50-856-a,Adjusted Voter-Approval Tax Rate for Taxing Units in Disaster Area Calculation Worksheet. -or- If a disaster occurred prior to 2024 for which the taxing unit continued to calculate its voter-approval tax rate using a multiplier of 1.08 on Disaster Line 41 (D41)in 2024,complete form 50-856-a,Adjusted Voter-Approval Tax Rate for Taxing Units in Disaster Area Calculation Worksheet to recalculate the voter-approval tax rate the taxing unit would have calculated in 2024 if it had generated revenue based on an adopted tax rate using a multiplier of 1.035 in the years following the disaster.°Enter the final adjusted 2024 voter-approval tax rate from the worksheet. -or- If the taxing unit adopted a tax rate above the 2024 voter-approval tax rate without calculating a disaster tax rate or holding an election due to a disaster,no recalculation is necessary.Enter the voter-approval tax rate from the prior year's worksheet. $ 0.000000 /$10 77. Increase in 2024 tax rate due to disaster.Subtract Line 76 from Line 75. $ 0.000000 /$10o 78. Adjusted 2024 taxable value.Enter the amount in Line 14 of the No-New-Revenue Tax Rate Worksheet. $ 1,343,645,107 79. Emergency revenue.Multiply Line 77 by Line 78 and divide by$100. $ 0 80. Adjusted 2024 taxable value.Enter the amount in Line 26 of the No-New-Revenue Tax Rate Worksheet. $ 1,391,992,283 81. Emergency revenue rate.Divide Line 79 by Line 80 and multiply by$100." $0.000000 /$100 Tex.Tax Code 426.012(8-a) "Tex.Tax Code§26.063(a)(1) "Tex.Tax Code§26.042(b) "Tex.Tax Code§26.0420) "Tex.Tax Code§26.042(c) "Tex.Tax Code 426.042(6) For additional copies,visit:comptroller.texas.gov/taxes/property-tax Page 9 2025 Tax Rate Cakulation Worksheet—Taxing Units Other Than School Districts or Water Districts Fonn50-856 82. Current year voter-approval tax rate,adjusted for emergency revenue.Subtract Line 81 from one of the following lines(as applicable): Line 50,Line D50(disaster),Line 51 (counties),Line 59(taxing units with the additional sales tax),Line 63(taxing units with pollution control)or Line 69(taxing units with the unused increment rate). $ 0.691010 /5100 SECTION 8:Total Tax Rate Indicate the applicable total tax rates as calculated above. No-new-revenue tax rate. $ 0.669556 /$t00 As applicable,enter the current year NNR tax rate from:Line 27,Line 28(counties),or Line 57(adjusted for sales tax). Indicate the line number used: 26 Voter-approval tax rate $ 0.691010 /$100 As applicable,enter the current year voter-approval tax rate from:Line 50,Line D50(disaster),Line 51(counties),Line 59(adjusted for sales tax), Line 63(adjusted for pollution control),Line 69(adjusted for unused increment),or Line 82(adjusted for emergency revenue). Indicate the line number used: 49 De minimis rate $ 0.706515 /$um If applicable,enter the current year de minimis rate from Line 74. SECTION 9:Addendum An affected taxing unit that enters an amount described by Tax Code Section 26.012(6)(C)in line 21 must include the following as an addendum: 1. Documentation that supports the exclusion of value under Tax Code Section 26.012(6)(C);and 2. Each statement submitted to the designated officer or employee by the property owner or entity as required by Tax Code Section 41.48(c)(2)for that tax year. Insert hyperlinks to supporting documentation: SECTION 10:Taxing Unit Representative Name and Signature Enter the name of the person preparing the tax rate as authorized by the governing body of the taxing unit.By signing below,you certify that you are the designated officer or employee of the taxing unit and have accurately calculated the tax rates using values that are the same as the values shown in the taxing unit's certified appraisal roll or certified estimate of taxable value,in accordance with requirements in the Tax Code.54 print here ir Printed Name of Taxing Unit Representative sign here'r Taxing Unit Representative Date "Tex.Tax Code 4426.04(c-2)and(d-2) For additional copies,visit:comptroller.texas.gov/taxes/property-tax Page 10 Notice About 2025 Tax Rates Property tax rates in CITY OF SANGER This notice concerns the 2025 property tax rates for CITY OF SANGER This notice provides information about two tax rates used in adopting the current tax years tax rate The no-new-revenue tax rate would Impose the same amount of taxes as last year if you compare properties taxed in both years In most cases 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 669556/$100 This year s voter approval tax rate $0 691010/$100 To see the full calculations please visit 1505 E McKinney Street Denton TX 76209 for a copy of the Tax Rate Calculation Worksheet Unencumbered Fund Balance The following estimated balances will be left in the taxing units accounts at the end of the fiscal year These balances are not encumbered by corresponding debt obligation Type of Fund Balance GENERAL FUND 19 275 369 DEBT SERVICE FUND 335 225 Current Year Debt Service The following amounts are 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) Principal or Contract Interest to be Other Amounts Description of Debt Payment to be Paid Paid from to be Paid Total Payment from Property Taxes Property Taxes CERTIFICATES OF 42 500 3 814 0 46 314 OBLIGATION SERIES 2007 GENERAL OBLIGATION 245 000 4 900 0 249 900 REFUNDING BONDS SERIES 2019 GENERAL OBLIGATION 31200 4 690 0 35 890 REFUNDING BONDS SERIES 2021B LIMITED TAX NOTES 695 000 125 856 0 820 856 SERIES 2023 CERTIFICATES OF 165 000 534 511 0 699 511 OBLIGATION SERIES 2023C BOND AMINISTRATION 0 0 1250 1 250 FEES Total required for 2025 debt service $1 853 721 -Amount(if any)paid from funds listed in unencumbered funds $10 000 -Amount(if any)paid from other resources $180 000 -Excess collections last year $0 =Total to be paid from taxes in 2025 $1 663 721 +Amount added in anticipation that the unit will $0 collect only 100 00%of its taxes in 2025 =Total debt levy $1 663 721 This notice contains a summary of actual no new-revenue and voter-approval calculations as certified by Michelle French Denton County Tax Assessor/Collector on 07/29/2025 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 pubhc 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