Updated Tuesday, September 3, 2024
NOTICE OF PUBLIC HEARING
ON TAX INCREASE
A tax rate of $0.614834 per $100 valuation has been proposed by the governing body of City of Duncanville.
| PROPOSED TAX RATE |
$0.614834 per $100 |
| NO-NEW-REVENUE TAX RATE |
$0.587621 per $100
|
| VOTER-APPROVAL TAX RATE |
$0.614834 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 Duncanville 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 Duncanville 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 Duncanville is proposing to increase property taxes for the 2024 tax year.
A PUBLIC HEARING ON THE PROPOSED TAX RATE WILL BE HELD ON September 17, 2024 AT 7:00 PM AT 203 E. Wheatland Road, Duncanville, TX 75116.
The proposed tax rate is not greater than the voter-approval tax rate. As a result, City of Duncanville 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 Duncanville City Council of City of Duncanville 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:
|
Greg Contreras
Joe Veracruz
Don McBurnett
DeMonica Gooden |
Jeremy Koontz
Karen Cherry-Brown
Greg Contreras |
| AGAINST the proposal: |
|
|
| PRESENT and not voting: |
|
|
| ABSENT: |
|
|
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 Duncanville last year to the taxes proposed to be imposed on the average residence homestead by City of Duncanville this year.
|
2023 |
2024 |
Change |
Total tax rate (per $100 of value)
|
$0.646034
|
$0.614834
|
decrease of -0.031200, or -4.83%
|
Average homestead taxable value
|
$221,903
|
$243,957
|
increase of 22,054, or 9.94%
|
Tax on average homestead
|
$1,433.57
|
$1,499.93
|
increase of 66.36, or 4.63%
|
Total tax levy on all properties
|
$23,174,028
|
$24,108,524
|
increase of 934,496, or 4.03%
|
For assistance with tax calculations, please contact the tax assessor for City of Duncanville at 972-780-5000 or visit https://www.duncanvilletx.gov for more information.
Property tax rates in City of Duncanville.
This notice concerns the 2024 property tax rates for City of Duncanville. This notice provides information about two tax rates used in adopting the current tax year's 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 |
$0.587621/$100 |
| This year's voter-approval tax rate |
$0.614834/$100 |
To see the full calculations, please visit https://www.duncanvilletx.gov for a copy of the Tax Rate Calculation Worksheet.
Unencumbered Fund Balance
The following estimated balances will be left in the taxing unit's accounts at the end of the fiscal year. Thesebalances are not encumbered by corresponding debt obligation.
| Type of Fund |
Balance |
| General Fund |
21,336,775 |
Debt Service
|
681,340
|
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).
| Description of Debt |
Principal or Contract |
Interest to be |
Other Amounts |
|
| |
Payment to be Paid |
Paid from |
to be Paid |
|
| |
from Property Taxes |
Property Taxes |
|
Total Payment |
| Debt |
1,385,000 |
638,506 |
0 |
2,023,506 |
| Total requires for 2024 debt service |
$2,023,506 |
| - Amount (if any) paid from funds listed in unencumbered funds |
$0 |
| - Amount (if any) paid from other expenses |
$537,950 |
| - Excess collections last year |
$0 |
| = Total to be paid from taxes in 2024 |
$1485,556 |
| + Amount added in anticipation that the unit will collect only 101.44% of its taxes in 2024 |
$-21,089 |
| = Total debt levy |
$1,464,467 |
This notice contains a summary of actual no-new-revenue and voter-approval calculations as certified by John R.Ames, PCC, CTA, Tax Assessor/Collector on 07/29/2024.
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 rateof growth of property taxes in the state.
HELPFUL LINKS
2024 Tax Rate Calculation
Notice of Public Hearing - Budget - FY 2024-25
Tax Rate and Budget Information
Property Tax Transparency