Notice of Public Hearing 

Notice of Meeting to Vote on Tax Rate

                                        NOTICE ABOUT 2020 TAX  RATES

Property Tax Rates in City of Lamesa

This notice concerns the 2020 property tax rates for City of Lamesa.   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 property    value.

 

This year's no-new-revenue tax     rate:		$ 0.823236
This year's voter-approval tax  rate:  To see the full calculations, please visit	for a copy of the Tax Rate Calculation Worksheets.	$ 0.852856

                                                                                              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 corresponding debt obligation.

Type of Fund                                                                                                                  Balance

GENERAL FUND                                                                                                                                                                           2,679,333

                                                                         Current  Year Debt Service

The unit plans to pay the following amounts 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  Payment to be paid from Property Taxes                              Interest to be Paid from Property Taxes

                                                 

 Other Amounts to be Paid                            Total Payment 

 

Total required for 2020  debt service                                                                                                                                                    0

-Amount (if any) paid from funds listed  in unencumbered funds                                                                                           0

• Amount (if any) paid from other resources                                                                                                                         0
• Excess collections last year                                                                                                                                                        0

= Total to be paid from taxes  in 2020                                                                                                                                                    0

collect only      94.00% of its taxes in 2020                                                                                                                                            0

=Total debt levy                                                                                                                                                                                                0

 

This notice contains a summary of the no-new-revenue and voter-approval calculations as certified by,     on.

                                                

 

NOTICE OF PUBLIC HEARING  

 

NOTICE IS HEREBY GIVEN TO ALL INTERESTED PERSONS, THAT: 

The City Council of the City of Lamesa, Texas will convene a public hearing on August 25, 2020 at 5:30 p.m. at City Hall, 601 S. 1^st Street, Lamesa, Texas in accordance with State Law (Local Government Code, Chapter 102.0065), to hear a report from the City Manager and to hear comments from the public regarding the proposed Annual Budget for Fiscal Year 2020-2020 beginning on October 1, 2020.