Create an Account - Increase your productivity, customize your experience, and engage in information you care about.
View All Calendars is the default. Choose Select a Calendar to view a specific calendar. Subscribe to calendar notifications by clicking on the Notify Me button and you will automatically be alerted of the latest events in our community.
NOTICE OF 2017 TAX YEAR PROPOSED
PROPERTY TAX RATE FOR CITY OF MIDLAND
A tax rate of $0.408389 per $100 valuation has been proposed for adoption by the governing body of City of Midland. This rate exceeds the lower of the effective or rollback tax rate, and state law requires that two public hearings be held by the governing body before adopting the proposed tax rate.
The governing body of City of Midland proposes to use revenue attributable to the tax rate increase for the purpose of Street Improvement Projects.
PROPOSED TAX RATE
$0.408389 per $100
PRECEDING YEAR'S TAX RATE
$0.399679 per $100
EFFECTIVE TAX RATE
$0.396494 per $100
ROLLBACK TAX RATE
$0.426987 per $100
The effective tax rate is the total tax rate needed to raise the same amount of property tax revenue for City of Midland from the same properties in both the 2016 tax year and the 2017 tax year.
The rollback tax rate is the highest tax rate that City of Midland may adopt before voters are entitled to petition for an election to limit the rate that may be approved to the rollback rate.
For assistance or detailed information about tax calculations, please contact:
300 N Loraine, Midland, Texas
The Proposed Budget can be found on our website located at www.midlandtexas.gov.
You are urged to attend and express your views at the following public hearings on the proposed tax rate:
First Hearing: August 15, 2017 at 10:00am at City Council Chamber, 300 N. Loraine, Midland Texas.
Second Hearing: August 22, 2017 at 10:00am at City Council Chamber, 300 N. Loraine, Midland Texas