08-12-20-Resolution-Setting Public Hearing Date Budget and Tax Rate-08/17/2020RESOLUTION #08-12-20
A RESOLUTION OF THE CITY OF SANGER TEXAS, ESTABLISHING THE DATE,
TIME AND PLACE FOR THE PUBLIC HEARINGS ON THE PROPOSED FY 2020-21
BUDGET AND TAX RATE; DIRECTING THE CITY SECRETARY TO PUBLISH SAID
HEARING AS REQUIRED BY LAW; DETERMINING THAT THE MEETING AT
WHICH THE RESOLUTION WAS APPROVED COMPLIED WITH THE OPEN
MEETINGS ACT AND DECLARING AN EFFECTIVE DATE.
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 in all such
hearings;
NOW THEREFORE, BE IT RESOLVED BY THE CITY COUNCIL OF THE CITY
OF SANGER, TEXAS THAT:
Section 1. That the findings set forth are hereby approved and adopted.
Section 2. That a Public Hearing on the Proposed Budget for FY 2020-21 and Tax
We is hereby set to be held on Tuesday, September 8, 2020 at 7:00 P.M. in the historic church
building located at 403 N 7 h Street, Sanger, Texas 76266.
Section 3. That the City Secretary is directed to post and publish notice of the public
hearing on the budget as required by law.
Section 4. That the meeting at which this resolution was passed, was in compliance
with the Texas Open Meetings Act, Texas Government Code, Chapter 551.
Section 5. That this Resolution shall become effective after its passage.
DULY PASSED, APPROVED AND ADOPTED by the City Council of the City of Sanger,
Texas, on this 17�' day of August, 2020.
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APPROVED:
Thomas E. Muir, Mayor
*TEXAS
MEMORANDUM
To: Alina Ciocan, City Manager
From: Clayton Gray, Finance Director
Date: August 13, 2020
Re: 2020-21 Property Tax Rate
On Friday, July 24�', we received the Certified Totals fiom the Denton Central Appraisal Dishict. On
Saturday, August I", we received the 2020 Tax Rate Calculation Worksheet fiom Denton County. This
worksheet, which includes the City's No New -Revenue Rate, Voter -Approval Rate, and Di Minimis
Rate, is attached to this memo.
• The No -New -Revenue Rate is the tax rate that generates the same revenues as last year's
revenue for properties taxed in both years. Sanger's No -New -Revenue Rate is $0.662164/$100
(line 26).
• The Voter -Approval Rate is the highest tax rate that most entities may adopt before triggering
an automatic election in November. Sanger's Voter -Approval Rate is $0.673039/$100 (line
47).
• The Di Minimis Rate is the No New Revenue Rate plus a rate that would equal $500,000
additional taxes for entities under 30,000 population. As we have discussed earlier, the Di
Minus Rate is meant to add flexibility to tax revenues for growing cities like Sanger.
Sanger's Di Minimis Rate is $0.718122/$100 (line 70).
The City's tax rate for 2019 was $0.679100/$100, which is below the Di Minimis Rate. Keeping the
tax rate flat for 2020 would provide $3421631(7.4%)more properly tax revenues than last year's budget.
Of that amount, $248,504 is tax revenue fiom new property added to the tax roll this year.
940.458.7930 � 502 Elm Street (PO Box 1729 � Sanger, TX 76266 � www.sangertexas.or�
facebook.com/SangerTexas @CityofSanger
TNT-856 06-20/6
2020 Tax Rate Calculation Worksheet
CITY OF BANGER
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.
2019 total taxable value. Enter the amount of 2019 taxable value on the 2019
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 (will deduct taxes in Line 17).�
$699,251,976
2.
2019 tax ceilings. Counties, Cities and Junior College Districts. Enter 2019 total
taxable value of homesteads with tax ceilings. These include the homesteads of
homeowners age 65 or older or disabled. Other units enter "0" If your taxing units
adopted the tax ceiling provision in 2019 or prior year for homeowners age 65 or
older or disabled, use this step.2
$0
3.
Preliminary 2019 adjusted taxable value. Subtract line 2 from line 1.
$699,251,976
4.
2019 total adopted tax rate.
$0.679100/$100
5.
2019 taxable value lost because court appeals of ARB decisions reduced
2019 appraised value.
A. Original 2019 ARB values: $126,742,467
B. 2019 values resulting from final court
decisions: - $118,436,850
C• 2019 value loss. Subtract B from A.3
$8,305,617
6.
2019 taxable value subject to an appeal under Chapter 42, as of July 25.
A. 2019 ARB certified value: $0
B. 2019 dispuated value: - $0
C• 2019 undisputed value. Subtract B from A.4
$0
7.
2019 Chapter 42 related adjusted values. Add line 5 and line 6.
$8,305,617
8.
2019 taxable value, adjusted for actual and potential court -ordered
adjustments.
Add line 3 and line 7.
$707,557,593
1 Tex.
Tax
Code
�
26.012(14)
2 Tex.
Tax
Code
�
26.012(14)
3 Tex.
Tax
Code
�
26.012(13)
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4 Tex. Tax Code § 26.012(13)
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2020 Tax Rate Calculation Worksheet
CITY OF BANGER
No -New -Revenue Tax Rate (continued)
9. 2019 taxable value of property in territory the taxing unit deannexed after
January 1, 2019. Enter the 2019 value of property in deannexed territory.5 $0
10. 2019 taxable value lost because property first qualified for an exemption in
2020. 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 2020 does not create a new exemption or reduce taxable value.
A. Absolute exemptions. Use 2019 market value: $591,649
B. Partial exemptions. 2020 exemption amount or
2020 percentage exemption times 2019 value: + $2,445,504
C• Value loss. Add A and B.6 $3,037,153
11. 2019 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 2020. Use only those properties
that first qualified in 2020; do not use properties that qualified in 2019.
A. 2019 market value: $0
B. 2020 productivity or special appraised value: - $0
C• Value loss. Subtract B from A.7 $0
12. Total adjustments for lost value. Add lines 9, 10C and 11C. $3,037,153
13. Adjusted 2019 taxable value. Subtract line 12 from line 8. $704,520,440
14. Adjusted 2019 total levy. Multiply line 4 by line 13 and divide by $100. $4,784,398
15. Taxes refunded for years preceding tax year 2019. Enter the amount of taxes
refunded by the taxing unit for tax years preceding tax year 2019. Types of
refunds include court decisions, Tax Code § 25.25(b) and (c) corrections and Tax
Code § 31.11 payment errors. Do not include refunds for tax year 2019. This line
applies only to tax years preceding tax year 2019.$ $39,393
16. Taxes in tax increment financing (TIF) for tax year 2019. Enter the amount of
taxes paid into the tax increment fund for a reinvestment zone as agreed by the
taxing unit. If the unit has no 2020 captured appraised value in Line 18D, enter
„0�� 9 $0
17. Adjusted 2019 levy with refunds and TIF adjustment. Add lines 14 and 15,
subtract line 16.�0 $4,823,791
5
Tex.
Tax
Code
§
26.012(I5)
6
Tex.
Tax
Code
§
26.012(15)
7
Tex.
Tax
Code
§
26.012(15)
8
Tex.
Tax
Code
§
26.012(13)
9
Tex.
Tax
Code
§
26.03(c)
10 Tex. Tax Code
§ 26.012(13)
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2020 Tax Rate Calculation Worksheet
CITY OF BANGER
No -New -Revenue Tax Rate (continued)
18. Total 2020 taxable value on the 2020 certified appraisal roll today. This
value includes only certified values or certified estimate of values and includes
the total taxable value of homesteads with tax ceilings (will deduct in line 20).
These homesteads includes homeowners age 65 or older or disabled.��
A. Certified values: $618,723,649
B. Counties: Include railroad rolling stock values
certified by the Comptroller's office: + $0
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 2020
captured appraised value of property taxable by a
taxing unit in a tax increment financing zone for
which the 2020 taxes will be deposited into the tax
increment fund. Do not include any new property
value that will be included in line 23 below.12 - $0
E. Total 2020 value. Add A and B, then subtract C
and D. $618,723,649
19. Total value of properties under protest or not included on certified
appraisal ro11.�3
A. 2020 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.14 $146,357,380
B. 2020 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 at 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
11
Tex.
Tax
Code
§
26.12, 26.04(c-2)
12
Tex.
Tax
Code
§
26.03(c)
13
Tex.
Tax
Code
§
26.01(c) and (d)
14
Tex.
Tax
Code
§
26.01(c)
15
Tex.
Tax
Code
§
26.01(d)
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2020 Tax Rate Calculation Worksheet
CITY OF BANGER
No -New -Revenue Tax Rate (concluded)
19. C. Total value under protest or not certified. Add A
(cont.) and B. $146,357,380
20. 2020 tax ceilings. Counties, cities and junior colleges enter 2020 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 units adopted the tax ceiling provision in 2019 or a prior year for
homeowners age 65 or older or disabled, use this step.l6 $0
21. 2020 total taxable value. Add lines 18E and 19C. Subtract line 20.17 $765,081,029
22. Total 2020 taxable value of properties in territory annexed after January 1,
2019. Include both real and personal property. Enter the 2020 value of property
in territory annexed.$ $0
23. Total 2020 taxable value of new improvements and new personal property
located in new improvements. New means the item was not on the appraisal
roll in 2019. 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 January 1, 2019
and be located in a new improvement. New improvements do include property
on which a tax abatement agreement has expired for 2020.�9 $36,593,082
24. Total adjustments to the 2020 taxable value. Add lines 22 and 23. $36,593,082
25. Adjusted 2020 taxable value. Subtract line 24 from line 21. $728,487,947
26. 2020 NNR tax rate. Divide line 17 by line 25 and multiply by $100.20 $0.662164/$100
27. COUNTIES ONLY. Add together the NNR tax rates for each type of tax the
county levies. The total is the 2020 county NNR tax rate.21 $/$100
16
Tex.
Tax
Code
§
26.012(6)(13)
17
Tex.
Tax
Code
§
26.012(6)
18
Tex.
Tax
Code
§
26.012(17)
19
Tex.
Tax
Code
§
26.012(17)
20
Tex.
Tax
Code
§
26.04(c)
21
Tex.
Tax
Code
§
26.04(d)
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2020 Tax Rate Calculation Worksheet
CITY OF BANGER
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 inchides 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.
28.
2019 M&O tax rate. Enter the 2019 M&O tax rate.
$0.591577/$100
29.
2019 taxable value, adjusted for actual and potential court -ordered
adjustments. Enter the amount in line 8 of the No -New -Revenue Tax Rate
Worksheet.
$707,557,593
30.
Total 2019 M&O levy. Multiply line 28 by line 29 and divide by $100.
$4,185,747
31.
Adjusted 2019 levy for calculating NNR M&O taxes. Add line 31 E to line 30.
A. 2019 sales tax specifically to reduce property
taxes. For cities, counties and hospital districts,
enter the amount of additional sales tax collected
and spent on M&O expenses in 2019, if any. Other
taxing units, enter 0. Counties must exclude any
amount that was spent for economic development
grants from the amount of sales tax spent. $0
B. M&O taxes refunded for years preceding tax
year 2019: 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 2019. This line applies only to
tax years preceding tax year 2019. + $33,123
C. 2019 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 2019 captured appraised value in Line 18D,
enter 0. - $0
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2020 Tax Rate Calculation Worksheet
CITY OF BANGER
Voter -Approval Tax Rate (continued)
31.
D. 2019 transferred function.: If discontinuing all of
(cont.)
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 E below. The taxing unit receiving the function
will add this amount in E below. Other taxing units
enter 0. +/- $0
E. 2019 M&O levy adjustments.: Add A and B, then
subtract C. For taxing unit with D, subtract if
discontinuing function and add if receiving function. $33,123
$4,218,870
32.
Adjusted 2020 taxable value.
Enter the amount in line 25 of the No -New -Revenue Tax Rate Worksheet.
$728,487,947
33.
2020 NNR M&O rate. (unadjusted)
Divide line 31 by line 32 and multiply by $100.
$0.579126/$100
34.
Rate adjustment for state criminal justice mandate.23 Enter the rate
calculated in C. If not applicable, enter 0.
A. 2020 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. 2019 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 32 and
multiply by $100. $0/$100
$0/$100
22 [Reserved for expansion]
23 Tex. Tax Code § 26.044
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2020 Tax Rate Calculation Worksheet
CITY OF BANGER
Voter -Approval Tax Rate (continued)
35. Rate adjustment for indigent health care expenditures.24 Enter the
rate calculated in C. If not applicable, enter 0.
A. 2020 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, 2019 and ending on June 30, 2020, less any
state assistance received for the same purpose. $0
B. 2019 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, 2018 and ending on June 30, 2019, less any
state assistance received for the same purpose. $0
C. Subtract B from A and divide by line 32 and multiply
by $100. $0/$100 $0/$100
36. Rate adjustment for county indigent defense compensation.25 Entel•
the lessor of C and D. If not applicable, enter 0.
A. 2020 indigent defense compensation
expenditures. Enter the amount paid by a county
to provide appointed counsel for indigent
individuals for the period beginning on July 1, 2019
and ending on June 30, 2020, less any state grants
received by the county for the same purpose. $0
B. 2019 indigent defense compensation
expenditures. Enter the amount paid by a county
to provide appointed counsel for indigent
individuals for the period beginning on July 1, 2018
and ending on June 30, 2019, less any state grants
received by the county for the same purpose. $0
C. Subtract B from A and divide by line 32 and multiply
by $100. $0/$100
D. Multiply B by 0.05 and divide by line 32 and multiply
by $100. $0/$100 $0/$100
24
Tex.
Tax
Code
§
26.0442
25
Tex.
Tax
Code
§
26.0442
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2020 Tax Rate Calculation Worksheet
CITY OF BANGER
Voter -Approval Tax Rate (continued)
37. Rate adjustment for county hospital expenditures.26 Enter the lessor
of C and D, if applicable. If not applicable, enter 0.
A. 2020 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, 2019 and ending
on June 30, 2020 $0
B. 2019 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, 2018 and ending
on June 30, 2019. $0
C. Subtract B from A and divide by line 32 and multiply
by $100. $0/$100
D. Multiply B by 0.08 and divide by line 32 and multiply
by $100. $0/$100 $0/$100
38. Adjusted 2020 NNR M&O rate.
Add lines 33, 34, 35, 36, and 37. $0.579126/$100
39. 2020 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 38 by 1.08.
Other Taxing Unit. If the taxing unit does not
qualify as a special taxing unit, multiply Line 38 by
1.035
Taxing unit affected by disaster declaration. If
the taxing unit is located in an area declared as
disaster area, the governing body may direct the
person calculating the voter -approval rate to
calculate in the manner provided for a special
taxing unit. The taxing unit shall continue to
calculate the voter -approval rate in this manner
until the earlier of 1) the second 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, and 2) the third tax year after the
tax year in which the disaster occurred. If the taxing
unit qualifies under this scenario, multiply line 38 by
1.08. 27 $0.599395/$100
26
Tex.
Tax
Code
§
26.0443
27
Tex.
Tax
Code
§
26.04(c-1)
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2020 Tax Rate Calculation Worksheet
CITY OF SANGER
Voter -Approval Tax Rate (concluded)
40. Total 2020 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.
Enter debt amount. $793,491
B: Subtract unencumbered fund amount used to
reduce total debt.-$101000
C: Subtract certified amount spent from sales tax to
reduce debt (enter zero if none). 40
D: Subtract amount paid from other resources.-$2121500
E: Adjusted debt. Subtract B, C and D from A. $570,991
41. Certified 2019 excess debt collections. Enter the amount certified by the
collector.28 $7,550
42. Adjusted 2020 debt. Subtract line 41 from line 40E. $5633441
-------------
43. 2020 anticipated collection rate. If the anticipated rate in A is lower
than actual rates in B, C or D, enter the lowest rate from B, C or 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%. 29
A. Enter the 2020 anticipated collection rate certified
by the collector.30 100.000000%
B. Enter the 2019 actual collection rate. 99.000000%
C. Enter the 2018 actual collection rate. 101.000000%
D. Enter the 2017 actual collection rate. 1006000000% 1000000000%
44. 2020 debt adjusted for collections. Divide line 42 by line 43. $563,441
45. 2020 total taxable value. Enter the amount on line 21 of the No -New -Revenue
Tax Rate Worksheet. $765,081,029
46. 2020 debt rate. Divide line 44 by line 45 and multiply by $100. $0.073644/$100
47. 2020 voter -approval tax rate. Add lines 39 and 46. $0.673039/$100
48. COUNTIES ONLY. Add together the voter -approval tax rates for each type of
tax the county levies. The total is the 2020 county voter -approval tax rate. $/$100
28
Tex.
Tax
Code
§
26.012(10) and 16.04(b)
29
Tex.
Tax
Code
�
26.04(h),(h-1) and (h-2)
30
Tex.
Tax
Code
§
26.04(b)
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2020 Tax Rate Calculation Worksheet
CITY OF SANGER
Voter -Approval Tax Rate Adjustment for Unused Increment Rate
The unused increment rate is the rate equal to the difference between the adopted tax rate and voter -
approval tax rate before the unused increment rate for the prior three years. 39 In a year where a taxing
unit adopts a rate by applying any portion of the unused increment rate, the unused increment rate for
that year would be zero.
For each tax year before 2020, the difference between the adopted tax rate and voter -approval rate is
considered zero, therefore the unused increment rate for 2020 is zero. 40
This section should only be completed by a taxing unit that does not meet the definition of a special
taxing unit. 41
61. 2019 unused increment rate. Subtract the 2019 actual tax rate and the 2019
unused increment rate from the 2019 voter -approval tax rate. If the number is less
than zero, enter zero. If the year is prior to 2020, enter zero. $0/$100
62. 2018 unused increment rate. Subtract the 2018 actual tax rate and the 2018
unused increment rate from the 2018 voter -approval tax rate. If the number is less
than zero, enter zero. If the year is prior to 2020, enter zero. $0/$100
63. 2017 unused increment rate. Subtract the 2017 actual tax rate and the 2017
unused increment rate from the 2017 voter -approval tax rate. If the number is less
than zero, enter zero. If the year is prior to 2020, enter zero. $0/$100
64. 2020 unused increment rate. Add lines 61, 62, and 63. $0/$100
65. 2020 voter -approval tax rate, adjusted for unused increment rate. Add line 64
to one of the following lines (as applicable): line 47, line 48 (counties), line 56
(taxing units with the additional sales tax) or line 60 (taxing units with pollution
control), $0.673039/$100
39
Tex.
Tax
Code
§
26.013(a)
40
Tex.
Tax
Code
§
26.013(c)
41
Tex.
Tax
Code
§
26.063(a)(1)
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2020 Tax Rate Calculation Worksheet
CITY OF SANGER
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. 42
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. 43
66. Adjusted 2020 NNR M&O tax rate. Enter the rate from line 38 of the Approval Tax Tax Rate Worksheet,
67. I2020 total taxable value. Enter the amount from line 21 of the No -New -Revenue
Tax Rate Worksheet.
68. Rate necessary to impose $500,000 in taxes. Divide $500,000 by line 67 and
multiply by $100.
69.I2020 debt rate. Enter the rate from line 46 of the Voter -Approval Tax Rate
Worksheet.
70. (De minimis rate. Add lines 66,68, and 69.
42
Tex.
Tax
Code
§
26.012(8-a)
43
Tex.
Tax
Code
9
26.063(a)(1)
$0.579126/$100
$765,081,029
$0.065352/$100
$0.073644/$100
$0.718122/$100
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Total Tax Rate
Indicate the applicable total tax rates as calculated above.
No -New -Revenue tax rate. As applicable, enter the 2020 NNR tax rate from: line 26, line
27 (counties), or line 54 (adjusted for sales tax).
Voter -approval tax rate. As applicable, enter the 2020 voter -approval tax rate from: line
47, line 48 (counties), line 56 (adjusted for sales tax), line 60 (adjusted for pollution
control), or line 65 (adjusted for unused increment).
De minimis rate. If applicable, enter the de minimis rate from line 70.
$0.662164/$100
$0.673039/$100
$0.718122/$100
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2020 Notice of No -New -Revenue Tax Rate
Worksheet for Calculation of Tax Increase/Decrease
Entity Name: CITY OF SANGER
1.2019 taxable value, adjusted for court -ordered reductions.
Enter line 8 of the No -New -Revenue Tax Rate Worksheet.
2.2019 total tax rate.
Enter line 4 of the No -New -Revenue Tax Rate Worksheet.
3.Taxes refunded for years preceding tax year 2019.
Enter line 15 of the No -New -Revenue Tax Rate Worksheet.
4.Last year's levy.
Multiply Line 1 tunes Line 2 and divide by 100.
To the result, add Line 3.
5.2020 total taxable value. Enter Line 21 of
the No -New -Revenue Tax Rate Worksheet.
6.2020 no -new tax rate.
Enter line 26 of the No -New -Revenue Tax Rate Worksheet or Line 54
of the Additional Sales Tax Rate Worksheet.
7.2020 taxes if a tax rate equal to the no -new -revenue tax rate is adopted.
Multiply Line 5 times Line 6 and divide by 100.
8.Last year's total levy.
Sum of line 4 for all funds.
9.2020 total taxes if a tax rate equal to the no -new -revenue tax rate is adopted.
Sum of line 7 for all funds.
10.Tax Increase (Decrease).
Subtract Line 8 from Line 9,
Date: 08/01 /2020
$70755575593
0.679100
$39,393
$4,844,417
$765,081,029
0.662164
$5,066,091
$4,844,417
$5,066,091
$221,674
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CITY OF SANGER
Tax Rate Recap for 2020 Tax Rates
Tax Levy
This is calculated using the
Additional Tax Levy
Tax Rate Per
Total Adjusted Taxable
Additional Tax Levy
Compared to no-new-
Description of Rate
$100
Value (line 25) of the No-
Compared to last year's tax
revenue tax rate levy of
Q of 4,749,620
New -Revenue Tax Rate
4,823,785
Worksheet
Last Year's Tax Rate
0,679100
$4,947,162
$198,541
S1231377
No -New -Revenue Tax Rate
00662164
$45823,785
$759165
SO
Notice & Hearing Limit*
00662164
$41823,785
$75,165
SO
Voter -Approval Tax Rate
0,673039
$4,9035008
$1541388
$793223
Proposed Tax Rate
0,000000
$0
$437481620
S 458239785
No -New -Revenue Tax Rate Increase in Cents per $100
0.00
0.662164
4,823,785
75,165
0
0,50
0.667164
49860,209
1114589
362424
1,00
0,672164
4,896,634
1484014
72,849
1,50
0.677164
41933,058
184,438
109,273
2.00
0.682164
4,96%483
220,862
145,698
2.50
0.687164
570052907
257,287
1823122
3.00
0.692164
57042,331
293,711
2183546
3.50
0,697164
510789756
330,136
254,971
4,00
0,702164
511159180
366,560
291,395
4,50
0,707164
5,1519605
402,984
327,820
5,00
0,712164
5/1889029
4393409
3643244
5,50
0,717164
5/2249453
4753833
4001668
6,00
0,722164
5,260,878
512,258
437,093
6,50
0,727164
5,297,302
54802
4739517
7,00
0,732164
593339726
585,106
50%942
7,50
0,737164
52370,151
6219531
546,366
8,00
0,742164
5,406,575
657,955
532,790
8.50
0.747164
5,443,000
694,380
6197215
9.00
0,752164
51479,424
730s8O4
655,639
9.50
0,757164
515159848
767,228
692,064
10.00
0,762164
515529273
803,653
728,488
10,50
0,767164
5,5889697
840,077
764,912
11.00
0,772164
5,6259122
876,502
8015337
11,50
0,777164
596619546
912,926
837,761
12,00
0,782164
5,697,970
949350
874,186
12,50
0.787164
59734,395
985,775
910,610
13,00
0.792164
59770,819
11022,199
947,034
13,50
0.797164
51807,244
1,058,623
983,459
14.00
0.802164
51843,668
11095,048
1,019,883
14.50
0,807164
518809092
11131,472
1,056,308
• *Notice & Hearing Limit Rate: This is the highest tax rate that may be adopted without notices and a public hearing. It is the lower of the
voter -approval tax rate or the no -new -revenue tax rate.
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Tax Levy: This is calculated by taking the adjusted taxable value (line 25 of No -New -Revenue Tax Rate
Worksheet), multiplying by the appropriate rate, such as the No -New -Revenue Tax Rate and dividing
by 100.
For School Districts: This is calculated by taking the adjusted taxable value (line 34 of the Voter -
Approval Tax Rate Worksheet), multiplying by the appropriate rate, dividing by 100 and then adding
this year's frozen tax levy on homesteads of the elderly.
Additional Levy This is calculated by taking Last Year's taxable value (line 3 of No -New -Revenue Tax Rate
Last Year: Worksheet), multiplying by Last Year's tax rate (line 4 of No -New -Revenue Tax Rate Worksheet)
and dividing by 100.
For School Districts: This is calculated by taking Last Year's taxable value, subtracting Last Year's
taxable value for the elderly, multiplying by Last Year's tax rate, dividing by 100 and adding Last
Year's tax ceiling.
Additional Levy This is calculated by taking the current adjusted taxable value, multiplying by the No -New -Revenue
This Year: Tax Rate and dividing by 100.
For School Districts: This is calculated by taking the adjusted taxable value (line 34 of the Voter -
Approval Tax Rate Worksheet), multiplying by the No -New -Revenue Tax Rate, dividing by 100 and
adding This Year's tax ceiling.
COUNTIES All figures in this worlcsheet include ALL County Funds. Tax Levy amounts are the sum of each
ONLY: Fund's Taxable Value X each Fund's Tax Rate.
http://www.huth-in-taxation.com/PrintForms.aspx[8/1/2020 1:19:40 PM]
TNT-856 04-20/16
2020 Notice of Tax Rates in CITY OF SANGER
Property Tax Rates in CITY OF SANGER . This notice concerns the 2020 property tax rates for CITY OF SANGER .
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:
Last year's adjusted taxes
(after subtracting taxes on lost property) $45823,791
This year's adjusted taxable value
(after subtracting value of new property) $728,4871947
=This year's no -new -revenue tax rate 0.662164/$100
+This year's adjustments to the no -new -revenue tax rate $0 /$100
=This year's adjusted no -new -revenue tax rate 0.662164/$100
This is the maximum rate the taxing unit can propose unless it publishes a notice and holds a hearing,
This year's voter -approval tax rate:
Last year's adjusted operating taxes
(after adjusting as required by law)
This year's adjusted taxable value
(after subtracting value of new property)
=This year's voter -approval operating tax rate
x(1.035 or 1.08, as applicable) = this
year's maximum operating rate
+This year's debt rate
+The unused increment rate, if applicable
=This year's total voter -approval tax rate
This is the maximum rate the taxing unit can adopt without an election for voter approval.
$4,218,870
$728,487,947
0.579126/$100
0.599395/$100
0.073644/$100
0.000000/$100
0.673039/$100
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 a corresponding
debt obligation.
Type of Fund
GENERAL FUND
DEBT SERVICE FUND
Balance
$5,221,709
$476,180
2020 Debt Service:
The taxing unit plans to pay the following amounts for long-term debts that are secured by property taxes. These amounts will be paid from property tax
revenues (or additional sales tax revenues, if applicable).
Description of Debt
Principal or
Contract
Payment to be
Paid from
operty Taxes
Interest to be
Paid from
Pr
Other Amounts Total Payment
to be Paid
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Property Taxes
2007 CERTIFICATES OF OBLIGATION $34,000 $11,894 $0 W4 894
2012 CERTIFICATES OF OBLIGATION $1451200 $3,994 $0 $1491194
2013 CERTIFICATES OF OBLIGATION $22,200 $16,332 $0 $38,532
2016 G O REFUNDING BONDS $2485400 $95936 $0 $258,336
2019 G O REFUNDING BONDS $2005000 $485500 $0 $2485500
GOVERNMENT CAPITAL: STREET $45J79 $6,356 $0 $515535
EQUIPMENT
BOND AMINISTRATION FEES $0 $0 $15500 $1,500
Total required for 2020 debt service $7935491
Amount (if any) paid from funds listed in unencumbered funds $105000
Amount (if any) paid from other- resources $2125500
Excess collections last year $71550
Total to be paid from taxes in 2020 $5635441
+ Amount added in anticipation that the unit will collect only 100.000000% of its taxes in 2020 $0
= Total Debt Levy $563,441
This notice contains a summary of the no -new -revenue and voter -approval calculations as certified by
Name of person preparing this notice: Michelle French
Position: Tax Assessor Collector
Date prepared: July 25, 2020
You can inspect a copy of the full calculations on the taxing unit's website at:
www. tax. dentoncounty 0 com.
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