By Ben Posey
A short agenda at a special called meeting for the White Settlement City Council this past Thursday evening saw a 3-0 vote by council members Paul Moore, David Mann and Steve Ott, (Elzie Clements – absent) to raise the total tax rate from .733103 to .755693 for 2016-17. The number of council members (3) nearly outweighed the number of citizens (4) in attendance for the 20 minute meeting.
This increase coincides with recent information released by the Tarrant Appraisal District stating that property values in Tarrant County have increased approximately 12 percent.
Because the proposed tax rate exceeds the lower of the rollback rate or the effective rate, state law requires that two public hearings be held by the governing body before adopting the proposed tax rate. These two public hearings have been called for Aug. 16 and Aug. 30, both at 6 p.m. at the White Settlement City Hall.
The proposed tax rate will effectively be raised by 8 percent and will raise taxes for maintenance and operations on a $100,000 property by approximately $23.77.
The average taxable value of a residence homestead in the City of White Settlement last year was $39,828. The average taxable value of a residence homestead in the City of White Settlement this year is $49,861.
City Council will vote on the tax rate that will result in the tax increase at a public meeting to be held on September 13, at 6 p.m. at White Settlement City Hall.
Where do your tax dollars go:
City of White Settlement – 25%
Tarrant County – 9%
JPS Health Network – 8%
Tarrant County College – 5%
White Settlement ISD – 53%