Taxes (Truth-in-Taxation)

Truth-in-taxation is a concept embodied in the Texas Constitution that requires local taxing units to make taxpayers aware of tax rate proposals and to afford taxpayers the opportunity to limit tax increases.  Property owners have the right to know about increases in their properties' appraised value and to be notified of the estimated taxes that could result from the new value. The type of taxing unit determines its applicable truth-in-taxation requirements.


Fiscal Year 2021-22 Budget Calendar and Information


Completed

Date

Budget Step

Links

 ✓

May 19

Budget 101 Training

Workshop Documents

  

June 9

Utility Funds SAP and Budget work session with Council and Staff.  Focus: Fee impacting Capital Items (Water and Wastewater Infrastructure) and Utility Budget

Workshop Documents

  

June 28

Governmental Funds SAP and Budget work session with Council and Staff.  Focus: Tax Impacting Capital Items (Drainage and Streets) and Governmental Budget

Workshop Documents

  

July 22

Budget and SAP work session with Council and Staff
Focus: Funding Plan and Follow-Up on Projects if necessary

Workshop Documents

 

July 25 (Sunday)

Deadline for Chief Appraisers to deliver certify rolls or certified estimates to taxing units and certification of anticipated collection rate by tax collector. (Tax Code Sec. 26.01 a-1)

Certified Rolls

 

July 29

Calculation of No new revenue, Voter Approval, 8% Increase and De Minimis Rates.

Tax Calculation

 

July 29

Finance Director posts the calculated no-new-revenue tax rate and voter approval tax rate, along with certain debt information on the home page of the City's website using form prescribed by comptroller (Tax Code Sec 26.04 (e))

2021 Tax Rate Notice

 

August 5
(Regularly Scheduled Council Meeting)

Finance Director submits the No-New Revenue and Voter Approval rates to City Council. (Tax Code Sec 26.04(e)). Finance Director posts the calculated no-new-revenue tax rate and voter approval tax rate, along with certain debt information on the home page of the City's website using form prescribed by comptroller (Tax Code Sec 26.04(e)).

See Council Meeting Agenda Packet

 

August 17, 18, 19, or 20th

Final Budget workshop with Council (date pending)

Workshop Documents


August 19
(Regularly Scheduled Council Meeting)
City Council schedules one public hearing on the budget (LGC 102.006a-b) and one public hearing on the tax rate (Tax Code Sec. 26.05(d); (Tax Code Sec 26.06)

City Council confirms proposed tax rate (if proposed tax rate exceeds the voter approval rate). If the proposed rate exceeds the voter approval rate or the No-New Revenue Rate (whichever is lower), Council takes a record vote. (Tax Code Sec 26.06 (b-2).

See Council Meeting Agenda Packet


 

August 23

City Manager files budget with City Secretary (LGC 102.005a).
 City Secretary ensures the proposed budget is available on the website and available for inspection at City Hall (LGC 102.005c)

Proposed Budget Document

 

September 3

Finance Director publishes Notice of Tax Public Hearing in the Friday, September 3rd edition of Boerne Star and posts on the City’s website (Tax Code Sec. 26.06(c))
Finance Director publishes Notice of Public Hearing on the Proposed Budget in the Friday, September 3rd edition of Boerne Star and posts the budget on city’s website. (LGC 102.005c)
 Finance Director/Communications posts the Tax Notice (Tax Code Sec 26.04(e)), Notice of Tax Hearing (Tax Code Sec. 26.065), and Notice of Budget Hearing (LGC 102.006c) on the City's Website.

Notice of Tax Hearing

 Notice of Budget Hearing

 

September 16
 (Special Meeting)

Special Council Meeting for the First Reading of Budget and Tax Rate Ordinances is held. Public Hearing for Proposed budget and tax rate.

 

 

September 23

Second Reading and adoption of the Budget and Tax Rate ordinances 

 

2020 Notices (Related to the FY20-21 Budget and Tax Rate)

2020 Tax Rate Calculation Sheet

2020 Notice of Public Hearing on Tax Rate

2020 Notice of Public Hearing on Budget

2020 Ordinance of Adopted Tax Rate/Budget

2020-21 Adopted Budget

 

2019 Notices (Related to the FY19-20 Budget and Tax Rate)

2019 Tax Rate Calculation Sheet

2019 Notice of Public Hearing on Tax Rate

2019 Notice of Public Hearing on Budget

2019 Ordinance of Adopted Tax Rate/Budget

2019-20 Adopted Budget


Fiscal year 2020-21 was the first budget year that the Texas Property Tax Reform and Transparency Act of 2019 (S.B. 2) was in effect. For more information about this act and its impact on the budget and tax rate setting process, visit the Texas Comptroller's website and Truth in Taxation resources.

Fair Oaks Ranch Governing Body Information can be found here:
             
https://www.fairoaksranchtx.org/63/City-Council
             
https://www.fairoaksranchtx.org/285/Mayor

Other Helpful Links:
Comal Appraisal District
Comal County Truth in Taxation Website
Kendall Appraisal District
Bexar Appraisal District