A public hearing will be held regarding the 2023-24 proposed budget and property tax rate for the City of Log Cabin on September 21st, 2023, at 7:00pm at 14387 Alamo Rd. Log Cabin, TX 75148. Citizens unable to attend this meeting may submit their views and proposals to the City Secretary. Persons with disabilities that wish to attend this meeting should contact the City Hall to arrange for assistance. Individuals who require auxiliary aids or services for this meeting should contact the City Secretary at 903-489-2195 at least two days before the meeting so that appropriate arrangements can be made.
A tax rate of $0.508835 per $100 valuation has been proposed by the governing body of the City of Log Cabin.
PROPOSED TAX RATE $0.508835 per $100
NO-NEW-REVENUE TAX RATE $0.488055 per $100
VOTER-APPROVAL TAX RATE $0.516159 per $100
DE MINIMIS TAX RATE $1.236299 per $100
The no-new-revenue tax rate is the tax rate for the 2023 tax year that will raise the same amount of property tax revenue for the City of Log Cabin from the same properties in both the 2022 tax year and the 2023 tax year.
The voter-approval rate is the highest tax rate that the City of Log Cabin may adopt without holding an election to seek voter approval of the rate.
The de minimis rate is the rate equal to the sum of the no-new-revenue maintenance and operations rate for the City of Log Cabin, the rate that will raise $500,000, and the current debt rate for the City of Log Cabin.
The proposed tax rate is greater than the no-new-revenue tax rate. This means that the City of Log Cabin is proposing to increase property taxes for the 2023 tax year.
A PUBLIC HEARING ON THE PROPOSED BUDGET AND TAX RATE WILL BE HELD ON Sept. 21st, 2023 at 7:00 pm at Log Cabin City Hall, 14387 Alamo Rd, Log Cabin, TX 75148.
The proposed tax rate is not greater than the voter-approval tax rate or the de minimis rate. As a result, the City of Log Cabin 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 Log Cabin City Council of the City of Log Cabin at City Hall or by attending the public hearing mentioned above.
YOUR TAXES OWED UNDER ANY OF THE TAX RATES MENTIONED ABOVE CAN BE CALCULATED AS FOLLOWS:
Property tax amount = ( tax rate ) x ( taxable value of your property ) / 100
FOR the proposal: Randy Page, Aaron Scott, Bill Sims, and Larry Sutherland
AGAINST the proposal: None
PRESENT and not voting: Not applicable
ABSENT: Rodney Allen
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 the City of Log Cabin last year to the taxes proposed to the be imposed on the average residence homestead by the City of Log Cabin this year.
2022 | 2023 | Change | |
---|---|---|---|
Total tax rate (per $100 of value) | $0.600000 | $0.508835 | Decrease of $0.091165 per $100 |
Average homestead taxable value | $64,293 | $69,966 | Increase of 8.82% |
Tax on average homestead | $385.76 | $356.01 | Decrease of 7.71% |
Total tax levy on all properties | $300,797 | $349,732 | Increase of $48,935.00 |
For assistance with tax calculations, please contact the tax assessor for the City of Log Cabin, the Henderson County Tax Assessor, at (903) 675-6134 or pgoodall@henderson-county.com, or visit https://henderson.countytaxrates.com/tax for more information.
Contact Us
14387 Alamo Road
Log Cabin, TX 75148
Fax: (903) 489-0106
Phone: (903) 489-2195