Agenda Packet 09-27-2023 Special MeetingTown of Trophy Club
Special Meeting Agenda Packet
Town Council
1 Trophy Wood Drive
Trophy Club, Texas 76262
September 27, 2023 7:00 PM Council Chambers
CALL TO ORDER AND ANNOUNCE A QUORUM
PLEDGES led by Council Member
Pledge of Allegiance to the American Flag.
Pledge of Allegiance to the Texas Flag.
PUBLIC COMMENTS
This is an opportunity for citizens to address the Council on any matter pursuant to
Texas Government Code Sec. 551.007. The Council is not permitted to discuss
or take action on any presentations made concerning matters that are not listed
on the agenda. Presentations are limited to matters over which the Council has
authority. Speakers have up to four (4) minutes or the time limit determined by the
Presiding Officer. Each speaker must have submitted their request to speak by
completing the Speaker’s Form or you may also email
mayorandcouncil@trophyclub.org
INDIVIDUAL ITEMS
1.Public Hearing to consider approval of an ordinance adopting the 2023 tax rolls and
fixing and levying municipal ad valorem taxes for the fiscal year beginning October
1, 2023, and ending on September 30, 2024, and for each fiscal year thereafter
until otherwise provided, at the rate of 0.415469 per 100 assessed valuation on all
tax able property within the corporate limits of the Town of Trophy Club as of January
1, 2023. (Patrick Arata, Interim Town Manager)
2.Consider approval of ratifying the property tax increase reflected in the FY 2023
2024 budget. (Patrick Arata, Interim Town Manager)
EXECUTIVE SESSION
Pursuant to the following designated section of the Texas Governmental Code,
Annotated, Chapter 551 (Texas Open Meetings Act), The Town will recess into executive
session to discuss the following:
a. Section 551.074, Personnel: To deliberate and consider the appointment, employment,
evaluation, reassignment, duties, discipline or dismissal of public officers or employees; to
wit: Town Manager.
RECONVENE INTO REGULAR SESSION
The Town Council to reconvene into an open meeting and consider action, if any, on
items discussed in closed session.
ADJOURN
The Town Council may convene into executive session to discuss posted items as allowed by
the Texas Open Meeting Act, LGC.551.071
CERTIFICATION
I certify that the above notice was posted on the bulletin board at Trophy Club Town Hall,
1 Trophy Wood Drive, Trophy Club, Texas, on Friday, September 22, 2023, by 5:00 p.m.
in accordance with Chapter 551, Texas Government Code.
Tammy Dixon
Town Secretary
If you plan to attend this public meeting and have a disability that requires special needs,
please contact the Town Secretary’s Office at 6822372900, 48 hours in advance, and
reasonable accommodations will be made to assist you.
0
Town of Trophy ClubSpecial Meeting Agenda PacketTown Council 1 Trophy Wood DriveTrophy Club, Texas 76262September 27, 2023 7:00 PM Council ChambersCALL TO ORDER AND ANNOUNCE A QUORUMPLEDGES led by Council MemberPledge of Allegiance to the American Flag.Pledge of Allegiance to the Texas Flag.PUBLIC COMMENTSThis is an opportunity for citizens to address the Council on any matter pursuant toTexas Government Code Sec. 551.007. The Council is not permitted to discussor take action on any presentations made concerning matters that are not listedon the agenda. Presentations are limited to matters over which the Council hasauthority. Speakers have up to four (4) minutes or the time limit determined by thePresiding Officer. Each speaker must have submitted their request to speak bycompleting the Speaker’s Form or you may also emailmayorandcouncil@trophyclub.orgINDIVIDUAL ITEMS1.Public Hearing to consider approval of an ordinance adopting the 2023 tax rolls andfixing and levying municipal ad valorem taxes for the fiscal year beginning October1, 2023, and ending on September 30, 2024, and for each fiscal year thereafteruntil otherwise provided, at the rate of 0.415469 per 100 assessed valuation on alltax able property within the corporate limits of the Town of Trophy Club as of January
1, 2023. (Patrick Arata, Interim Town Manager)
2.Consider approval of ratifying the property tax increase reflected in the FY 2023
2024 budget. (Patrick Arata, Interim Town Manager)
EXECUTIVE SESSION
Pursuant to the following designated section of the Texas Governmental Code,
Annotated, Chapter 551 (Texas Open Meetings Act), The Town will recess into executive
session to discuss the following:
a. Section 551.074, Personnel: To deliberate and consider the appointment, employment,
evaluation, reassignment, duties, discipline or dismissal of public officers or employees; to
wit: Town Manager.
RECONVENE INTO REGULAR SESSION
The Town Council to reconvene into an open meeting and consider action, if any, on
items discussed in closed session.
ADJOURN
The Town Council may convene into executive session to discuss posted items as allowed by
the Texas Open Meeting Act, LGC.551.071
CERTIFICATION
I certify that the above notice was posted on the bulletin board at Trophy Club Town Hall,
1 Trophy Wood Drive, Trophy Club, Texas, on Friday, September 22, 2023, by 5:00 p.m.
in accordance with Chapter 551, Texas Government Code.
Tammy Dixon
Town Secretary
If you plan to attend this public meeting and have a disability that requires special needs,
please contact the Town Secretary’s Office at 6822372900, 48 hours in advance, and
reasonable accommodations will be made to assist you.
1
TOWN COUNCIL COMMUNICATION
REGULAR
MEETING DATE: September 27, 2023
FROM: Patrick Arata, Interim Town Manager
AGENDA ITEM: Public Hearing to consider approval of an ordinance adopting the 2023
tax rolls and fixing and levying municipal ad valorem taxes for the fiscal
year beginning on October 1, 2023, and ending on September 30, 2024,
and for each fiscal year thereafter until otherwise provided, at the rate
of $0.415469 per $100 assessed valuation on all taxable property within
the corporate limits of the Town of Trophy Club as of January 1, 2023.
BACKGROUND/SUMMARY:
Chapter 26 of the Property Tax Code requires municipalities to comply with truth-in-taxation laws
in adopting their tax rates. The laws are designed to make taxpayers aware of tax rate proposals
and to allow taxpayers, in certain cases, to limit a tax increase. The Town is required to hold a
public hearing on the tax rate before adopting a tax rate that exceeds $0.379140 the no-new-
revenue tax rate. The Town is also required to publish a notice in the newspaper, and web site
before adopting a tax rate. During the public hearing, taxpayers will be given the opportunity to
express their views about the rate as it is proposed.
The no-new-revenue tax rate enables the public to evaluate the relationship between taxes for
the current year and taxes that a proposed tax rate would produce if applied to the same
properties taxed in both years.
The voter-approval rate calculation is split into two separate components: a maintenance and
operations rate and a debt rate. The voter-approval rate calculation allows municipalities to raise
an additional 3.5 percent of the maintenance and operations money raised in the prior year, plus
the necessary debt rate. The Town’s voter-approval rate for FY 2023-2024 is $0.415469.
The Denton Central Appraisal District and the Tarrant Appraisal District provide the final appraisal
rolls during the budget process that are utilized by the Town in the calculation of the Town’s
property tax revenues. The Chief Appraisers certify the appraisal rolls that allow the Town to
calculate and submit the no-new-revenue and voter-approval tax rates and estimate revenues.
This ordinance apportions the tax levy for the purpose of defraying the current expenses of the
General Fund (i.e., $0.315670) and for creating an interest and sinking fund for outstanding
bonded indebtedness not otherwise provided for (i.e., $0.099799); it also provides for the
collection and payment of taxes and assesses penalties and interest for the nonpayment of taxes
within the time set.
2
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. Additionally, it is required that a public hearing on the
tax rate be conducted if the proposed tax rate is higher than the No-New-Revenue rate. The No-New-
Revenue rate is the tax rate that will raise the same amount of property tax revenue for the Town of
Trophy Club from the same properties in both the 2022 and 2023 tax years. The Voter-Approval rate is
the highest rate a city may adopt without holding an election to seek voter approval. The 2022 adopted
tax rate, the 2023 No-New-Revenue rate, the 2023 Voter-Approval tax rate, and the 2023 proposed tax
rate are as follows.
2022 Adopted Tax Rate: $0.434799 per $100 valuation
2023 No-New-Revenue: $0.379140 per $100 valuation
2023 Voter-Approval: $0.415469 per $100 valuation
2023 Proposed Tax Rate: $0.415469 per $100 valuation
The proposed tax rate will raise more taxes for maintenance and operations than last year's tax rate.
An ordinance setting a property tax rate that exceeds the no-new-revenue tax rate (as with this
ordinance) requires the affirmative vote of at least 60% of the members of the governing body.
BOARD REVIEW/CITIZEN FEEDBACK: N/A
FISCAL IMPACT:
The Town of Trophy Club relies significantly on property tax revenue, which accounts for 63% of
the total General Fund revenues. By presenting a tax rate aligned with the voter approval rate,
the Town not only upholds its commitment to fiscal responsibility but also secures the means to
enhance and sustain the present level of services provided to its citizens.
LEGAL REVIEW:
Town Attorney, Dean Roggia, has reviewed the draft ordinance as to form and legality.
ATTACHMENTS:
•Draft Ordinance
•Tax Rate Calculation Worksheet
•Notice of Proposed Property Tax Rate Hearing
ACTION/OPTIONS:
The Tax Code requires a specific motion to adopt the tax rate.
“I move that the property tax rate be increased by the adoption of a tax rate of $0.415469 per
$100 of assessed value, which is effectively a 8.4 percent increase in the tax rate; and move to
approve an ordinance adopting the 2023 tax rolls and fixing and levying municipal ad valorem
taxes for the fiscal year beginning on October 1, 2023, and ending on September 30, 2024, and
for each fiscal year thereafter until otherwise provided, at the rate of $0.415469 per $100
assessed valuation on all taxable property within the corporate limits of the Town of Trophy Club
as of January 1, 2023.”
3
TOWN OF TROPHY CLUB, TEXAS
ORDINANCE NO. 2023-xx
AN ORDINANCE OF THE TOWN OF TROPHY CLUB, TEXAS FIXING
AND LEVYING MUNICIPAL AD VALOREM TAXES FOR THE FISCAL
YEAR BEGINNING OCTOBER 1, 2023 AND ENDING SEPTEMBER 30,
2024, AND FOR EACH FISCAL YEAR THEREAFTER UNTIL
OTHERWISE PROVIDED, AT A RATE OF $0.415469 PER ONE
HUNDRED DOLLARS ($100.00) ASSESSED VALUATION ON ALL
TAXABLE PROPERTY WITHIN THE CORPORATE LIMITS OF THE
TOWN AS OF JANUARY 1, 2023; DIRECTING THE ASSESSMENT
THEREOF TO PROVIDE REVENUES FOR THE PAYMENT OF
CURRENT OPERATION AND MAINTENANCE EXPENSES AND
INDEBTEDNESS OF THE TOWN; APPROVING THE TAX RATE AND
LEVY AND NOTIFYING THE PUBLIC THAT THIS TAX RATE WILL
RAISE MORE TAXES FOR MAINTENANCE AND OPERATIONS THAN
LAST YEAR’S TAX RATE; PROVIDING FOR DUE AND DELINQUENT
DATES TOGETHER WITH PENALTIES AND INTEREST; PROVIDING
FOR PAYMENT TO THE TOWN ASSESSOR/COLLECTOR; PROVIDING
FOR PENALTY AND INTEREST; PROVIDING FOR APPROVAL OF THE
2023 TAX ROLLS; PROVIDING A CUMULATIVE CLAUSE; PROVIDING
A SAVINGS CLAUSE; PROVIDING A SEVERABILITY CLAUSE;
PROVIDING PUBLICATION; PROVIDING FOR ENGROSSMENT AND
ENROLLMENT; AND PROVIDING AN EFFECTIVE DATE.
WHEREAS, the Town Council of the Town of Trophy Club, Texas (the “Town”)
hereby finds that the tax for the fiscal year beginning October 1, 2023, and ending
September 30, 2024, hereinafter levied for current expenses of the Town and the general
improvements of the Town and its property, must be levied to provide the revenue
requirements of the budget for the ensuing year; and
WHEREAS, the Town Council has approved on the 11th day of September 2023,
by separate Ordinance adopting the budget for the fiscal year beginning October 1, 2023,
and ending September 30, 2024; and
WHEREAS, the Town Council provided notice of the no-new-revenue tax rate as
required by law; and
WHEREAS, all statutory and constitutional requirements concerning the levying
and assessing of ad valorem taxes have been completed in due and correct time.
NOW, THEREFORE, BE IT ORDAINED BY THE TOWN COUNCIL OF THE
TOWN OF TROPHY CLUB, TEXAS:
4
ORDINANCE NO. 2023- PAGE 2
SECTION 1.
APPROVING THE TAX RATE AND LEVY
There is hereby levied and ordered to be assessed and collected for the fiscal year
beginning October 1, 2023, and ending September 30, 2024, and for each fiscal year
thereafter until otherwise provided, on all taxable property, real, personal and mixed,
situated within the corporate limits of the Town of Trophy Club, Texas, and not exempted
by the Constitution of the State, valid State laws or this ordinance, a tax of $0.415469 on
each One Hundred Dollars ($100.00) assessed value of taxable property, which shall be
apportioned and distributed as follows:
(a) For the purpose of defraying the maintenance and operation expenses of the
municipal government of the Town, a tax of $0.315670 (previously $0.335) on each
One Hundred Dollars ($100.00) assessed value of all taxable property; and
(b) For the purpose of the payment of principal and interest on the debt of the Town,
a tax of $0.099799 (previously $0.099799) on each One Hundred Dollars
($100.00) assessed value of all taxable property.
THIS TAX RATE WILL RAISE MORE TAXES FOR MAINTENANCE AND
OPERATIONS THAN LAST YEAR’S TAX RATE.
THE TAX RATE WILL EFFECTIVELY BE RAISED BY 8.4% AND WILL
RAISE TAXES FOR MAINTENANCE AND OPERATIONS ON A $100,000
HOME BY APPROXIMATELY -$19.33.
SECTION 2.
DUE DATE AND DELINQUENCY DATE
All ad valorem taxes shall become due and payable on October 1, 2023, and all
ad valorem taxes shall become delinquent after January 31, 2024. There shall be no
discount for payment of taxes on or prior to January 31, 2024. A delinquent tax shall incur
all penalty and interest authorized by law, Section 33.01 of the Texas Property Tax Code,
as amended, to wit: a penalty of six percent (6%) of the amount of the tax for the first
calendar month the tax is delinquent plus one percent (1%) for each additional month or
portion of a month the tax remains unpaid prior to July 1 of the year in which it becomes
delinquent.
Provided, however, a tax delinquent on July 1 incurs a total penalty of twelve
percent (12%) of the amount of the delinquent tax without regard to the number of months
the tax has been delinquent. A delinquent tax shall also accrue interest at a rate of one
percent (1%) for each month or portion of a month the tax remains unpaid. Taxes that
become delinquent on or after February 1, 2024, but not later than May 1, 2024, that
remain delinquent on July 1, 2024, incur an additional penalty of fifteen percent (15%) of
the amount of taxes, penalty and interest due. Taxes that become delinquent on or after
5
ORDINANCE NO. 2023- PAGE 3
June 1, 2024 and for which split payment has been allowed under Section 31.03, 31.031,
31.032, or 31.04 of the Texas Property Tax Code and for which the taxpayer fails to make
the second payment before July 1, incur an additional penalty of fifteen percent (15%) of
the amount of unpaid tax. All such additional penalties in excess of a percentage
specified by the Texas Property Tax Code are to defray the costs of collection due
pursuant to the contract with the Town’s legal counsel as authorized by Section 6.30 of
the Texas Property Tax Code, as amended.
SECTION 3.
DENTON COUNTY TAX ASSESSOR/COLLECTOR
Taxes shall be payable in full at the office of the Denton County Tax Office, 1505
E. McKinney, P.O. Box 90223, Denton, Texas 76202. The Town shall have available all
rights and remedies provided by law for the enforcement of the collection of taxes levied
under this Ordinance.
SECTION 4.
PENALTY AND INTEREST
All delinquent taxes shall bear interest as provided by State law, in addition to the
penalties set forth herein.
SECTION 5
APPROVE TAX ROLL
The Town Council hereby approves the 2023 tax rolls of the Town of Trophy Club,
Texas, in the amount of $3,033,204,282 based upon the certified appraisal roll and roll
under protest as approved by the Appraisal Review Boards of the Denton Central
Appraisal District and the Tarrant Appraisal District, to be used for the authorized
collection of ad valorem taxes for the fiscal year beginning on October 1, 2023, and ending
on September 30, 2024.
SECTION 6
CUMULATIVE CLAUSE
This Ordinance shall be cumulative of all provisions of the Ordinances of the
Town, except when the provisions of this Ordinance are in direct conflict with the
provisions of such Ordinances, in which event the conflicting provisions of such
Ordinances are hereby repealed.
SECTION 7.
SAVINGS CLAUSE
All rights and remedies of the Town are expressly saved as to any and all violations
of the provisions of any other ordinance affecting ad valorem taxes which have secured
6
ORDINANCE NO. 2023- PAGE 4
at the time of the effective date of this Ordinance; and, as to such accrued violations and
all pending litigation, both civil and criminal, whether pending in court or not, under such
Ordinances same shall not be affected by this Ordinance but may be prosecuted until
final disposition by the court.
SECTION 8
SEVERABILITY CLAUSE
The sections, paragraphs, sentences, phrases, clauses and words of this
Ordinance are severable, and if any section, article, sentence, clause, phrase, or word in
this Ordinance or application thereof to any person or circumstance is held invalid or
unconstitutional by a Court of competent jurisdiction, such holding shall not affect the
validity or the remaining portions of this Ordinance, and the Town Council hereby declares
it would have passed such remaining portions of this Ordinance despite such invalidity,
which remaining portions shall remain in full force and effect.
SECTION 9 .
PUBLICATION CLAUSE
The Town Secretary is hereby directed to publish the Caption, Penalty, and
Effective Date Clause of this Ordinance as required by Section 52.011 of the Texas Local
Government Code.
SECTION 10.
ENGROSSMENT AND ENROLLMENT
The Town Secretary of the Town of Trophy Club is hereby directed to engross and
enroll this Ordinance by filing this Ordinance in the ordinance records of the Town as
required in the Town Charter.
SECTION 11.
EFFECTIVE DATE
This ordinance shall become effective from and after its date of passage and
publication as required by law.
PASSED AND APPROVED by the Town Council of the Town of Trophy Club,
Texas, by a vote of ______ to ________ this 27th day of September 2023.
APPROVED:
Jeannette Tiffany, Mayor
7
ORDINANCE NO. 2023- PAGE 5
[SEAL]
ATTEST:
Tammy Dixon, Town Secretary
APPROVED TO AS FORM:
Dean Roggia, Town Attorney
8
NOTICE OF PUBLIC HEARING
ON TAX INCREASE
A tax rate of $0.415469 per $100 valuation has been proposed by the governing body of TOWN OF
TROPHY CLUB.
PROPOSED TAX RATE $0.415469 per $100
NO-NEW-REVENUE TAX RATE $0.379140 per $100
VOTER-APPROVAL TAX RATE $0.415469 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 TOWN OF TROPHY CLUB 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 TOWN OF TROPHY CLUB may adopt without holding
an election to seek voter approval of the rate.
The proposed tax rate is greater than the no-new-revenue tax rate. This means that TOWN OF TROPHY
CLUB is proposing to increase property taxes for the 2023 tax year.
A PUBLIC HEARING ON THE PROPOSED TAX RATE WILL BE HELD ON September 27, 2023 AT
7:00PM AT Town Council Chambers at Town Hall, 1 Trophy Club Drive, Trophy Club, TX.
The proposed tax rate is not greater than the voter-approval tax rate. As a result, TOWN OF TROPHY
CLUB 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 Town Council of TOWN OF TROPHY CLUB at their offices or by attending the public
hearing mentioned above.
YOUR TAXES OWED UNDER ANY OF THE RATES MENTIONED ABOVE CAN BE CALCULATED
AS FOLLOWS:
Property tax amount= (tax rate) x (taxable value of your property)/100
FOR the proposal: Council Member Flynn Council Member Beach
Council Member Bauer Mayor Pro Tem Sheridan
Council Member Oldham
AGAINST the proposal:
PRESENT and not voting:
ABSENT: Mayor Tiffany Council Member Monger
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 TOWN OF
TROPHY CLUB last year to the taxes proposed to be imposed on the average residence homestead by
9
TOWN OF TROPHY CLUB this year.
2022 2023 Change
Total tax rate (per
$100 of value)
$0.434799 $0.415469 decrease of -0.019330, or
-4.45%
Average homestead
taxable value
$555,472 $614,425 increase of 58,953, or
10.61%
Tax on average
homestead
$2,415.19 $2,552.75 increase of 137.56, or
5.70%
Total tax levy on all
properties
$9,455,049 $10,392,733 increase of 937,684, or
9.92%
For assistance with tax calculations, please contact the tax assessor for TOWN OF TROPHY CLUB at 682-
237-2900 or info@trophyclub.org, or visit www.trophyclub.org for more information.
10
2023 Tax Rate Calculation Worksheet Form 50-856
Taxing Units Other Than School Districts or Water Districts
TOWN OF TROPHY CLUB
Tax ing Unit Name Phone (area code and number)
Tax ing Unit's Address, City, State, ZIP Code Taxing Unit's Website Address
GENERAL INFORMATION : Ta x Code Section 26.04(c) requires an officer or emp loyee designated by the governi ng body to calcu late the no-new-revenue (NNR) tax rate and
voter-approval tax rate for the taxing unit. These tax rates are expressed in dollars per $100 of taxable value calculated . The calculation process starts after the chief appraiser
delivers to the taxing unit the certified appraisal roll and the estimated values of properties under protest. The designated officer or employee sha ll certify that the officer or
employee has accurately calculated the tax rates and used values shown for the certified appra isa l ro ll or certified est imate. The officer or employee submits the rates to the
governing body by Aug . 7 or as soon thereafter as practicable .
School districts do not use this form, but instead use Comptroller Form 50-859 Tax Rate Calculation Worksheet, School District without Chapter 313 Agreements or Comptroller Form
50-884 Tax Rate Calculation Worksheet, School District with Chapter 313 Agreements.
Water districts as defined under Water Co de Section 49 .001 (1) do not use th is form, but instead use Comptroller Form 50-858 Water District Voter-Approval Tax Rate Worksheet for
Low Tax Rate and Developing Districts or Compt roll er Form 50-860 Developed Water District Voter-Approval Tax Rate Worksheet.
The Comptro ller 's office prov ides this worksheet to assist taxing units in determin ing tax rates. The information provided in this worksheet is offered as technical assistance and not
legal advice. Taxing units should consult legal counsel for interpretations of law regarding tax rate preparation and adoption .
SECTION 1: No-New-Revenue Tax Rate
The NNR tax rate enables the public to eva luate the relationship between taxes for the prior year and for the current year based on a tax rate that would produce the same amount
of taxes (no new taxes) if applied to the same properties that are taxed in both years. When appraisa l values increase, the NNR tax rate should decrease .
The NNR tax rate for a county is the sum of the NNR tax rate s ca lcu lated for each type of tax the county levies .
While uncommon, it is possible for a taxing unit to prov ide an exemption for only maintenance and operations taxes . In this case, the taxing unit w ill need to calculate the NNR tax
rate separately for the maintenance and operations tax and the debt tax, then add the two com ponents together.
Une C . _ No-N&Yrftevenue Tax Rate Work$heet ' ·'
1. 2022 total taxable value. Enter the amount of 2022 taxable value on the 2022 tax roll today. Include any adjustments since last year 's certification;
exclude Tax Code Section 25.25(d) one-fourth and one-third over-appraisal corrections from these adjustments. Exclude any property va lue subject
to an appeal under Chapter 42 as of July 25 (will add undisputed value in Line 6). This total includes the taxable value of homesteads with tax ceil-
ings (will deduct in Line 2) and the captured value for tax increme nt financing (adjustment is made by deducting TIF taxes, as reflected in Line 17).1
2. 2022 tax ceilings. Counties , cities and junior college districts. Enter 2022 total taxab le value of homesteads with tax cei lings. These include the
ho mesteads of homeowners age 65 or older or disabled. Other taxing units enter 0. If your taxing unit adopted the tax ceiling provision in 2022
or a prior year for homeowners age 65 or older or disabled , use this step.'
3. Preliminary 2022 adjusted taxable value. Subtract Line 2 from Line 1.
4. 2022 total adopted tax rate .
5. 2022 taxable value lost because court appeals of ARB decisions reduced 2022 appraised value.
A. Original 2022 ARB values: ............................................................................ $ 32 ,734,000
B. 2022 values resulting from final court decisions: .. ··················································
_ $ 26,150,000
C. 2022 value loss. Subtract B from A.'
6 . 2022 taxable value subject to an appeal under Chapter 42, as of July 25 .
A. 2022 ARB certified value : ................................................................... ·········
$ 91,056,812
B. 2022 disputed value: ................................................................................. -$
17 ,480 ,663
C. 2022 undisputed value . Subtract B from A.•
7. 2022 Chapter 42 related adjusted values. Add Line SC and Line 6C.
'Tex. Ta x Cod e §26 .012 (14)
'Tex. Ta x Code §26 .012(14)
'Te x. Tax Code §26.012(13 1
•Te x.Ta x Cod e §26 .012(13)
· ..
.. Amount/Rate
$ 2,596 ,951,514
$ 479 ,877 ,596
$ 2,117,073,918
$ 0.434799 /$100
S 6,584,000
$ 73,576,149
$ 80 ,160 ,149
Form developed by: Texas Comptroller of Public Accounts, Property Tax Assistance Division For additional copies, visit : comptroller,texas.gov/taxes/property-tax
50 -856 • 6-23/10
682-237-2900
1 Trophy Wood Drive Trophy Club, TX 76262 www.trophyclub.org
11
2023 Tax Rate Calculation Worksheet-
Une \, ._,. ;t~*.,~.,-!_\;; -~ ·'·, r··, ·. , •• 1;::.' No-N..ilevenue Tu Rate Worlcsheet _; ;' :. ..
8. 2022 taxable value, adjusted for actual and potential court-ordered adjustments . Add Line 3 and Line 7.
9. 2022 taxable value of property in territory the taxing unit deannexed after Jan. 1, 2022 . Enter the 20 22 value of property in deann exed
territory.•
10. 2022 taxable value lost because property first qualified for an exempt ion in 2023 . If the taxing uni t increased an original exempt ion, use
the difference between the original exempted amount and the increased exempted amount. Do not include value lost due to Freeport, goods-
in-transit, temporary dis aster exemptions . Note that lowering the amount or percentage of an existing exemption in 2023 does not create a new
exemption or reduce ta xable va lue .
A. Absolute exempt ions. Use 2022 market va lue: ......................................•....•. ····•·······
$ 23 ,845
B. Partial exemptions . 2023 exemption amount or 2023 percentage exempt io n 2,685 ,808
times 2022 value : ..................................................................... , ................ +$
C. Value loss . Add A and B.'
11 . 2022 taxable value lost because property first qualified for agricultural appraisal (1-d or 1-d-1 ), timber appraisal, recreational/scenic
appraisal or public access airport special appraisal in 2023. Use only properties that qualified in 2023 fo r the fi rst t ime ; do not use proper-
ties that qualified in 2022 .
2022 market value : ...................................................................................
0
A. $
2023 product ivity or special appraised value : ....... 0
B. ················································ -$
C. Value loss . Subtract B from A. '
12 . Total adjustments for lost value. Add Lines 9, 1 OC and 11 C.
13 . 2022 captured value of property in a TIF. Enter the total value of 2022 captured appraised value of pr operty taxable by a taxing unit in a ta x
increment financi ng zone for which 2022 taxes were deposited in to the tax increment fund . 'If the ta xing unit has no captured apprai sed value
in line 18D, enter 0.
14. 2022 total value . Subtract Line 12 and Line 13 from Line 8.
15 . Adjusted 2022 total levy. Multip ly Line 4 by Line 14 and divide by $100.
16. Taxes refunded for years preceding tax year 2022 . Enter t he amount of taxes refunde d by the ta xing unit for tax yea rs preceding tax year
2022. Types of refu nds include co urt decisions, Tax Code Sect ion 25 .25(b) and (c) correctio ns an d Tax Code Sec tio n 31.11 payment err ors . Do not
in clude refunds for ta x year 2022 . This line app lies only to tax years preced ing tax year 2022 .'
17 . Adjusted 2022 levy with refunds and TIF adjustment. Add Lines 15 and 16 . 10
18. Total 2023 taxable value on the 2023 certified appra isal roll today. This value in cludes on ly certified values or cert ified estimate of values
and inc ludes the total taxable va lue of homesteads with tax cei lin gs (will deduct in Line 20). These homesteads inc lude homeowners age 65 or
older or disa bled . 11
A. Certified values : ...................................................................................... $
3,001 ,391 .615
B. Counties : Include railroad ro ll ing stock values certified by the Comptroll er's office: ................... ... +S
C. Pollution control and energy storage system exemption : Ded uct the value of property exempted 0 for the current tax year for the first time as pollution contro l or energy storage system property : ........... -$
D. Tax increment financing : Deduct the 2023 captured apprais ed va lue of property taxable by a ta xing
uni t in a tax increme nt financi ng zone for wh ich t he 202 3 taxes will be depos ite d into t he tax increment 18 ,848,904
fund . Do not include any new property value that will be inclu ded in Line 23 be low. 12 •••••.••..• ........ - $
E. Total 2023 value. Add A an d B, then subtract C and D.
'Tex . Tax Cod e §26.012(1 S)
'Te x.Tax Cod e §26 .012 (1S)
'Te x. Tax Cod e §26.012 (1 S)
•Tex.Tax Code §2 6.0 3(c)
•Tex.Tax Code §26.0 12(1 3)
"Tex. Tax Code §26 .0 12(13)
"Tex. Ta x Cod e §26 .0 12, 26.04 (c ·2 )
"Tex. Tax Code §2 6.0 J(c)
For add it io nal copies, visi t: comptroller.texas .gov/taxes /property-tax
FormS0-856
. · ,fiAniount/Rate
$ 2,197 ,234 ,067
0
$
$ 2,709 ,653
0
$
$ 2,709 ,653
$ 26 ,659 ,168
$ 2,167 ,865,246
$ 9,425 ,856
$ 17 ,412
S 9,443 ,268
$ 2,982 ,542 ,711
Page 2
12
FormS0 -856
Une , ,•,, .:~iJf::,,: ;, ,;~, ,.,.;., ;,:. No-New-Reven ue Tax Rate Worksheet _. '; ,<.-Amount/Rate ,. . ; .' ·~ ·. ,• ' ' ·•··· ., .,. '
19 . Total value of propert ies under protest or not included on cert ified app raisal roll . 13
A. 2023 taxable value of propert ies under protest. The chief appraiser certifies a list of properties st ill
under ARB protest. The list shows the appraisal district's value and the taxpayer 's claimed value, if any,
or an est imate of the value if the taxpayer wins . For each of the prope rties under protest, use the lowest S 26 ,701 ,130 of these values . Enter the total value under protest."· ...................................................
B. 202 3 value of properties not under protest or included on certified appraisal roll. The chief
appraiser gives tax ing units a list of those ta xable properties that the ch ief appraiser knows about but
are not included in the appraisal roll certification . These properties also are not on the list of properties
that are still under protest. On t his list of properties, the chief appra iser includes the market value ,
appraised value and exemptions for the preceding year and a reasonable estimate of the market value,
apprai sed value and exemptions for the current year. Use the lower mark et, appraised or taxable value + S 21 ,735 (as appropriat e}. Enter the total value of prope rty not on the certified roll. 15 ••••••••••••••••••••••••••••••
C. Total value unde r protest or not cert ified . Add A and B. S 26 ,722 ,865
20. 2023 tax ce iling s. Counti es, cities and junior colleges enter 2023 total taxable value of home steads with tax ce ilings . These include t he home -
steads of homeowners age 65 or older or disabled . Other taxing units enter 0. If your ta xing unit adopted the tax ce iling provi sion in 2022 or a
pr ior year for homeowners age 65 or older or disab led, use th is step ." S 507 ,819 ,477
21. 2023 total taxable value . Add Lines 18E and 19C. Subtra ct Line 20 . 17 S 2,501 .446 ,099
22 . Total 2023 taxable value of prope rti es in terr it ory annexed aft er Jan. 1, 2022 . Include both rea l and pe rsonal prop erty. Ente r t he 202 3
value of property in territory annexed. 18 s 0
23. To tal 2023 taxable value of new improvements and new personal property located in new improvemen ts. New means the item was
not on the appraisal roll in 2022 . An improvement is a building, structure , fixture or fence erected on or affi xed to land. New addit ions to exist-
ing improvements may be included if the appraised value can be determined . New persona l property in a new improvement must have been
brought into the ta xing un it after Jan . 1, 2022 and be located in a new improvement. New improvements do include property on which a tax
abatement agreement has expired for 2023 . 19 s 10 ,743 ,161
24 . Total adj ustments to the 2023 ta xable value. Add Lines 22 and 23 . s 10 ,743 ,161
25 . Adjusted 2023 ta xable value . Subtract Line 24 from Line 21 . $ 2,490,702,938
26. 2023 NNR tax rate. Div ide Line 17 by Line 25 and multiply by $100 . 20 S 0.379 140 /$100
27 . COUNTIES ONLY. Add together the NNR tax rates for each type of tax the county levies . The total is the 2023 county NNR ta x rate ." s $100
SECTION 2: Voter-Approval Tax Rate
The voter-approval ta x rate is the highest tax rate that a taxing unit may adopt wit hout holding an election to seek voter approval of t he rate . The voter-approval tax rate is split
into two se parate rat es:
1. Ma intenance and Operation s (M&O} Tax Rate : The M&O portion is the tax rate that is needed to rai se the same amount of ta xes that t he ta xing unit levied in the prior yea r
plus the applicab le percentage allowed by law. This rate accounts for such things as sa laries , utilities and day-to-day operations .
2. Debt Rate: The debt rate includes the debt service necessary to pay the taxing un it's debt payments in t he com ing year. This rate accounts for pr incipal and interest on bonds
and other debt secured by property tax revenue .
The vo ter-approval tax rate for a county is the sum of the voter-approva l tax rates calculated for each type of ta x the county levies . In most case s t he vote r-approval ta x rate
exceeds the no-new-revenue ta x rate , but occasionally decreases in a taxing un it's debt service wi ll cause the NNR tax rate to be high er than the voter-approval tax rate.
Une roval Tax Rate Worksheet
28 . 2022 M&O tax rate . Enter the 2022 M&O tax rate .
29 . 2022 taxable value, adj usted for actual and potent ial court-orde red adjustment s. Enter the amount in Li ne 8 of the No -New-Revenu e Tax
Rate Worksheet.
"Tex. Tax Code §2 6.0l(c) an d {d)
"Tex. Tax Code §2 6.01 {c)
"Te x. Tax Code §26.0l {d)
"Tex. Tax Cod e §2 6.012(6)1 B)
"Tex. Tax Cod e §26.01 2(6)
"Tex. Tax Cod e §26.012(17)
"Tex. Tax Code §26.012(17)
~Tex.Tax Code §26.04{c)
" Tex. Tax Cod e §2 6.04 (dl
For addit iona l cop ies , visi t: comptroller.texas .gov/taxes /property-tax
S 0.335000
$ 2,197 ,234 ,06 7
/$1 00
Page 3
13
I Districts orWa=e _r D:::ci:.:.t,.,_r'-'ic=---------------------F-o~riim~s..,o_-8=56
Une • Voter~~pproval Tax Rate Worksheet
30 . Total 2022 M&O levy. Mu ltip ly Line 28 by Line 29 and divide by $100
31 . Adjusted 2022 levy for calculat ing NNR M&O rate.
A. M&O taxes refunded for years preceding tax year 2022. Enter the amount of M&O taxes
refunded in the prece ding year for taxes befo re that year. Types of refunds inc lude court deci sions,
Tax Code Section 25 .25(b) and (c) corrections and Tax Code Section 31.11 payment errors . Do not
B.
C.
include refunds for tax year 2022. This line applies only to tax years preceding tax year 2022 ...........•...
2022 taxes in TIF. Enter the amount of taxes pa id into the tax increment fund for a reinvest ment
zone as agreed by the taxing unit. If the taxing unit has no 2023 captured appraised value in
Line 18D, enter 0 ...................................................................................... .
2022 transferred function. If discontinuing all of a departm ent, function or activity and
transferring it to another taxing unit by written contract, enter the amount spent by the taxing
unit discontinuing the function in the 12 months preceding the month of th is calcu lation . If the
taxing unit did not operate this function for this 12-month period , use the amount spent in the last
13 ,119 +$ ______ _
-$ 63 ,144
-------
fu ll fisca l year in which the taxing unit operated the function. The taxing unit discontinuing the function
wil l subtract this amou nt in D be low. The taxing unit receiving the function wi ll add this amount in
D below. Other taxing units enter 0 .................................................................... . +/-$ 0
D. 2022 M&O levy adjustments . Subtract B from A. For ta xing unit with C, subtract if
discont in uing function and add if receiving function .................................................... .
E. Add Line 30 to 31 D.
32 . Adjusted 2023 taxable value. Enter th e amount in Line 25 of the No -New-Revenue Tax Rate Worksheet.
33. 2023 NNR M&O rate (unadjusted). Divide Line 31 Eby Line 32 and multiply by $ 100.
34. Rate adjustment for state criminal justice mandate. 23
If not applicable or less than zero, enter 0.
A.
B.
2023 state criminal justice mandate. Enter the amount spent by a cou nty in the previous 12 months
providing for the maintenance and operation cost of keeping inmates in co unty-pa id facilities after they
have been sentenced . Do not include any state re imbu rsement received by the co unty for the same purpose.
2022 state criminal justice mandate. Enter the amount spent by a county in the 12 months prior to
the previous 12 months pr ovi ding for the maintenance and ope ra t ion cost of keeping inmates in
county-paid faci lities after they have been sentenced. Do not include any state reimbursement received
by the county for the same purpose . Enter zero if this is the first time the man date applies ................ .
C. Subtrac t B from A and divide by Line 32 and multiply by$ 100 ........................................... .
D. Ente r the rate calculated in C. If not applicable, enter 0.
35 . Rate adjustment for indigent health care expenditures."
If not applicable or less than zero, enter 0 .
-------
$ -50 ,0 25
0 $ ______ _
0 -$ ______ _
s _0 ____ ~/$100
A. 2023 indigent health care expenditures. Enter the amount paid by a taxing unit providing for the
maintenance and operation cost of providing indigent health care for the per io d begi nning on
July l , 2022 and ending on June 30, 2023 , less any state assistance received for the same purpose. . . . . • . . . $ _0 _____ _
B. 2022 indigent health care expenditures. Ent er the amount paid by a taxing unit providing for
the maintenance and operation cost of providing indigent health care for the period beginning
on July l, 2021 and ending on June 30, 2022 , less any state assistance rece ived
for the same purpose .................................................................................. .
C. Subtract B from A and divide by Line 32 and mu ltip ly by S 100 ........•.....•.....•...............•.......
D. Enter the rate calculated in C. If not applicable, enter 0.
n [Reserved for expansion]
u Tex . Tax Code §26.044
1' Tex. Ta x Code §26.0441
0 -$ ______ _
s_0 ____ _,1s1 00
For additional copies , visit: comptroller.texas.gov/taxes/property-tax
$ 7 ,360 ,734
$ 7 ,310 ,709
$ 2 ,490 ,702 ,938
$ 0.293519 /$100
s _0 _____ ,s ,oo
s _0 ____ _,s 100
Page4
14
2023 Tax Rate Calculation Worksheet -Taxing Units Other Than School Districts or Water-O~is~t~ric=ts~------------------~F=or~m~S~0~-8~5~6-
Une '.?•\•'. ;· ,, Voter•ADDroval Tax Rate Worksheet
36. Rate adjustment for county indigent defense compensation . 21
If not applicable or less than zero, enter 0.
A. 2023 indigent defense compensation expenditures . Enter the amount pa id by a county to provide
appointed counsel for ind igent indiv iduals and fund the operations of a public defender 's office under
Article 26 .044, Code of Criminal Procedure for the period beginning on July 1, 2022 and ending on 0
June 30, 2023 , less any state grants received by the county for the same purpose .......................... s
B. 2022 indigent defense compensation expend itures . Enter t he amount pa id by a county to prov ide
appointed counsel for indigent individuals and fund the operations of a public defender 's office under
Article 26 .044 , Code of Criminal Procedure for the period beginning on July 1, 2021 and ending on 0 June 30, 2022 , less any state grants rece ived by t he county for the same purpose .......................... $
C. Subtract B from A and divide by Line 32 and multiply by $100 ............................................ s 0 /$1 00
D. Mu ltiply B by 0.05 and divide by Lin e 32 and multiply by S 100 ............................................ s 0 /$1 00
E. Enter the lesser of C and D. If not applicable, enter 0.
37 . Rate adjustment for county hospital expenditures."
If not applicable or less than zero, enter O.
A. 2023 eligible county hospital expenditures . Enter the amount paid by the county or munic ipality
to maintain and operate an eligible county hospital for the period begin ning on July 1, 2022 and 0
ending on June 30, 2023 ............................................................................... s
B. 2022 eligible county hospital expenditures . Enter the amount paid by the county or municipality
to mainta in and operate an eligible county hospital for the period beginning on July 1, 2021 and 0
ending on June 30, 2022 .............................................................................•. $
C. Subtract B from A and divide by Line 32 and multip ly by $100 ............................................ s 0 /$1 00
D. Multiply B by 0.08 and divide by Line 32 and multiply by $100 ............................................ s 0 /$1 00
E. Enter the lesser of C and D, if appli cable . If not appl icab le, ente r 0.
38. Rate adjustment for defunding municipality. This adjustment only applies to a munic ipality that is cons idered to be a defundi ng munic ipal-
ity for the current tax year under Chapter 109, Local Government Code. Chapter 109, Lo cal Government Code only applies to municipal it ies wi th
a population of more than 250,000 and includes a wr itten determination by th e Office of the Governor. See Tax Code Section 26 .0444 for more
information .
A. Amount appropriated for public safety in 2022 . Enter the amount of money appropriated for public 0 safety in the budget adopted by the municipality for the preceding fiscal year ............................ $
B. Expenditures for publ ic safety in 2022. Enter the amount of money spent by the mun ic ipality for public 0 safety during the preceding fiscal year .................................................................. s
C. Subtract B from A and divide by Line 32 and multiply by $100 ....................•....•.....•....•....•. s 0 /$1 00
D. Enter the rate calculated in C. If not applicable, enter 0.
39. Adjusted 2023 NNR M&O rate . Add Lines 33 , 34D, 35D, 36E, and 37E . Subtract Line 38D .
40. Adjustment for 2022 sales tax specifically to reduce property taxes. Cities, counties and hospital districts that collected and spent addi-
tional sales tax on M&O expenses in 2022 should complete this line . These entities will deduct the sales ta x gain rate for 2023 in Section 3. Other
ta xing units, enter zero .
A. Enter the amount of additional sales ta x collected and spent on M&O expen ses in 2022 , if any.
Count ies must exclude any amount that was spent for economic development grants from the amou nt 0 of sales tax spent ...................................................................................... $
B. Divide Line 40A by Line 32 and mult iply by $100 .....................•......... ························· $ 0 /$1 00
C. Add Line 40B to Line 39 .
41. 2023 voter-approval M&O rate . Enter the rate as calculated by the appropriate scenario below.
Special Taxing Un it. If the taxing unit qualifies as a special taxing unit, mult iply Line 40C by 1.08 .
-or-
Other Taxing Unit . If the taxing unit does not qualify as a special taxing un it, mu lt iply Line 40C by 1.035 .
"Tex. Ta x Code §2 6.0442
M Tex. Ta x Code §26 .0443
For add it ional copies , visit: comptroller.texas .gov/taxes/property-tax
Amount/Rate
0
$ /$100
0 s /$100
0 s /$100
$ 0 .293519 $100
$ 0 .293519 /$100
$ 0 .303792 /$1 00
Pa ge 5
15
e Cakulation Worksheet-Taxing Un its Other Than School Districts or Water Distr icts
Une '.';;•:iJ~ Voter-Approval Tax Rate Worksheet
041 . Disaster Line 41 (D41 ): 2023 voter-approval M&O rate for taxing unit affected by disaster declaration . If the ta xing un it is loc at ed in an
area declared a disaster area and at lea st one person is granted an exemption under Tax Co de Sect ion 11.35 for property located in t he ta xin g
un it, the governing body may di rect t he person calcula ting the voter-ap proval tax rate to calc ul ate in the manne r provided for a special ta xing
unit. The taxi ng unit shall continue to calculate the voter-approva l tax rate in th is manner until the earl ier of
1) the first year in wh ich total taxab le value on the cert ified appraisal ro ll exceeds the total taxable value of
the tax yea r in which t he disaster occurre d, or
2) the thir d tax year after the tax year in which the disaster occurred
If the taxi ng un it qualifi es under this scenari o, multiply Line 40C by 1.08 ." If the ta xing unit do es not qualify, do not compl ete
Disas ter Li ne 41 (Line D41 ).
42 . Total 2023 debt to be paid with property taxes and additional sales tax revenue . Debt mean s the interest and principa l that will be paid
on debts t hat:
(1 ) are paid by property ta xes,
(2) are secured by property taxes,
(3) are sche du led for payment ove r a period longer than one year, and
(4) are not classified in the tax ing uni t 's budget as M&O expen ses.
A. Debt also inc ludes contractua l payments to other taxing units that have incurre d debt s on beha lf of this taxing unit, if those debts
meet the four conditions above . Include only amounts tha t will be pa id from property tax revenue . Do not include appra isal district
bud ge t payments. If the gove rn ing body of a taxing uni t author ized or ag reed to aut horize a bond , warrant, certificate of obligation, or
other ev idence of in debtedness on or after Sept. 1, 202 1, verify if it meets the amen ded definition of deb t before including it here. 28
Enter debt amount ..................................................•.....•..........•...............• $ 2 ,888 ,758
B. Subtract unencumbered fund amount used to re duce total debt. ................................•....• - $ 0
C. Subtract certified amount spent from sales tax to reduce debt (enter ze ro if no ne) ....•....•.......... -s 0
D. Subtract amount paid from other resourc es ..........•.....•....•............................•....•.... -$ 0
E. Adjusted debt. Subtract B, C and D fr om A.
43 . Certified 2022 excess debt collections . Enter the amou nt ce rtified by the collector. 29
44. Adjusted 2023 debt. Subtract Li ne 43 from Line 42E.
45 . 2023 anticipated collection rate.
A. Enter the 2023 antic ipated collection rate certified by the collector."' 100 .00
······•············ ················
B. Enter the 2022 actual collection rate ..........................••....•.....•.....•...... 100.07
····•············
C. En ter the 2021 actua l collection rate .................................................................... 99.50
D. En ter the 20 20 actual collection rate .................................................................... 98 .90
E. If the an t icipated collect ion rate in A is lowe r than actu al collec tio n rates in B, C and D, enter the lowest
co ll ect ion rate from B, C an d D. If the an t icipated rate in A is higher than at least one of the rates in the
prior three years, enter the rate from A. Note that the rate can be greater t han 100%."
46. 2023 debt adjusted for collections . Divide Line 44 by Line 45E .
47. 2023 total taxable value. Enter t he amou nt on Line 21 of t he No-New -Revenue Tax Rate Worksheet.
48 . 2023 debt rate . Divide Line 46 by Line 47 and mu ltiply by $100 .
49. 2023 voter-approval tax rate. Add Lines 41 and 48.
D49. Disaster Line 49 (D49): 2023 voter-approval tax rate for taxing unit affected by disaster declaration . Complete t his line if the ta xing
un it calc ulated the voter-approva l tax rate in th e mann er provided for a special tax ing unit on Line D41 .
Add Line D41 and 48 .
"Te x. Tax Code §2 6.042 {a)
n Tex. Tax Code §26.0 12(7)
n Tex. Tax Code §26 .012(10) and 26.04 {b)
•Tex .Tax Code §2 6.04 (b)
"Tex . Tax Cod e §§26.04 (h), {h-1) an d {h-2)
For addit iona l copies , vis it: comptroller.texas.gov/taxes /property-tax
%
%
%
%
Fo rm 50-856
Amount/Rate
0
$ /$100
$ 2 ,888 ,758
S 392,330
$ 2 ,496 ,428
100 .00
%
$ 2,496 ,428
$ 2,501 ,446,099
S 0 .099799 /$100
S 0.403591 /$100
$ /$1 00
Page6
16
SO. COUNTIES ONLY. Add together the voter-approval tax rates for each type of tax the county levies . The total is the 2023 county voter-approval
tax rate .
Form50-856
Amount/Rate
0
s ____ ~1s100
SECTION 3: NNR Tax Rate and Voter-Approval Tax Rate Adjustments for Additional Sales Tax to Reduce Property Taxes
Cities, counties and hospital distr icts may levy a sales tax specifica ll y to reduce property taxes. Local voters by election must approve imposing or abolishing the additional sales
tax. If approved , the taxing unit must reduce its NNR and voter-approval tax rates to offset the expected sales tax revenue .
Th is section should only be completed by a county, city or hospital district that is requ ired to adjust its NNR ta x rate and /or voter-approval ta x rate because it adopted t he
addit ional sales tax .
Line : Additional Sales and Use Tax Worksheet Amount/Rate •':'.,-'
51 . Taxable Sales. For taxi ng units that adopted the sales ta x in November 2022 or May 2023, enter the Comptroller 's estimate of taxable sales for
the previous four quarters . 32 Estimates of taxable sales may be obta ined through the Comptroller 's Allocation Historical Summary we bpage .
Taxing units that adopted the sales tax before November 2022 , en ter 0. 0
$
52. Estimated sales tax revenue. Counties exclude any amount that is or will be spent for economic development grants from the amou nt of esti-
mated sales tax revenue ."
Taxing units that adopted the sales tax in November 2022 or in May 2023 . Multiply the amount on Line 51 by the sales tax rate (.01,
.005 or .0025, as appl ic able) and multiply the result by .95 ."
-or-
Taxing units that adopted the sales tax before November 2022. Enter the sales tax revenue for the previous four quarters . Do not
multiply by .95 . 0
$
53 . 2023 total taxable value. Enter the amount from Line 21 of the No -New-Revenue Tax Rate Worksheet. 2,501 ,446 ,099 s
54 . Sales tax adjustment rate . Divide Line 52 by Line 53 and multiply by $100 . 0 s /$100
55 . 2023 NNR tax rate, unadjusted for sales tax." Enter the rate from Line 26 or 27 , as applicabl e, on the No -Ne w-Revenue Tax Rate Worksheet. 0.379 140 s /$100
56. 2023 NNR tax rate , adjusted for sales tax .
Taxing units that adopted the sales tax in November 2022 or in May 2023. Subtract Lin e 54 from Line 55 . Sk ip to Line 57 if you
adopted the additional sales tax before November 2022 . 0.379140 s /$1 00
57. 2023 voter-approval tax rate , unadjusted for sales tax.36 Enter the rate from Line 49, Line D49 (d isaster) or Lin e SO (counties ) as applicable,
of the Voter-Approval Tax Rate Worksheet. 0.403591 s /$100
58 . 2023 voter-approval tax rate, adjusted for sales tax . Subtract Line 54 from Line 57 . 0.403591 s /$100
SECTION 4 : Voter-Approval Tax Rate Adjustment for Pollution Control
A taxing unit may raise its rate for M&O funds used to pay for a facility, dev ice or method for the con tr ol of air, water or land pollution . This includes any land, structure, building,
installation, excavation, mach inery, equipment or device that is used, constructed , acquired or installed wholly or partly to meet or exceed pollution control requirements. The
taxing un it's expenses are those necessary to meet the requirements of a permit issued by the Texas Commission on Environmental Quality (TCEQ). The taxing unit must provide
the tax assessor with a copy of the TCEQ letter of determination that states the portion of the cost of the installation for pollution control.
Th is section shou ld only be completed by a taxing unit that uses M&O funds to pay for a facility, device or method for the control of air, water or land pollution .
Une. '·.,'.~: Voter-Approval Rate Adjustment for Pollution Control Requirements Worksheet ,
59. Certified expenses from the Texas Commission on Environmental Quality (TCEQ). Enter t he amount certified in the determination letter
from TCEQ. 37 The tax ing unit shall provide its tax assessor-co ll ector with a copy of the letter. 38
60. 2023 total taxable value . Enter the amount from Line 21 of the No-New-Revenue Tax Rate Worksheet.
61. Additional rate for pollution control . Div ide Li ne 59 by Line 60 and multiply by $100 .
62. 2023 voter-approval tax rate, adjusted for pollution control. Add Line 61 to one of the following lines (as applicab le): Line 49, Line D49
(disaster), Line SO (count ies) or Line 58 (taxing units with the additional sales tax ).
•Tex.Tax Cod e §26 .041 (d)
"Tex. Tax Code §26.041 (1)
k Te x. Tax Code §26 .041(d)
»Te x.Ta x Code §26 .04 (c)
•Tex.Tax Code §26 .04(<)
"Tex. Ta x Code §26 .04S (d)
"Tex . Ta x Cod e §26 .04S (I)
For additional cop ies , visit: comptroller.texas.gov/taxes/property-tax
Amount/Rate
0 s
S 2,501 ,446 ,099
0 s /$100
0.403591 s /$100
Page 7
17
2023Tax Rate Calculation Worksheet-Taxin Units Other Than School Districts or Water Districts FormS0-856
SECTION 5: Voter-Approval Tax Rate AdJustment for Unused Increment Rate
The unused incre ment rate is the ra te equa l to t he difference between the adopte d tax rate and voter-approval tax rate adjusted to remove th e unused incre ment rate for the pr ior
three years. 39 In a year where a ta xi ng unit adopts a rate by applyi ng any portion of the unused increment rate, the porti on of the unused in cre ment rate must be backed out of the
calculation for that year.
The differen ce between the adopted ta x rate and adjusted voter-approva l tax ra te is con si dered zero in the following scenar ios :
a tax year before 2020; '°
a tax yea r in wh ich the municipality is a defund ing mu nic ipality, as defined by Ta x Code Section 26 .0501 (a); 41 or
after Jan . 1, 2022 , a tax ye ar in which the comptro ll er determines that the county imp leme nted a budget reduction or rea ll ocation described by Local Governm ent Cod e
Section 120.002(a) with out the requi red voter approva l."
Indiv idual components can be negative, but the overa ll rate wou ld be the greater of zero or the calculated rate .
Th is sect ion sh ould only be completed by a taxi ng unit that does not meet the definition of a special taxing unit. 0
Une Unused Increment Rate Worksheet Amount/Rate
63 . Year 3 component. Subtract t he 2022 actua l tax rate and t he 2022 un used increment rate from the 2022 voter-app rova l tax rate .
A. Voter-approval tax rate (Line 67) .......................•.....•.......................................•.. S 0.446677
B. Unused increm ent rate (Line 66) ........•....•...............•................•.....•....•.....•....•... S 0 .0 26763
C. Subt ract B from A .................................................................................... . S 0.419914
D. Adopted Tax Rate ..................•....•....•....•.....•................................•..........•.. S 0.434799
E. Subt ract D from C.. ................................................................................... . S -0.014665
64 . Year 2 component . Subtract the 202 1 actual tax rate and the 2021 unused increme nt rate from the 2021 voter-approva l tax rate .
A. Voter-approval tax rate (Line 67).......... . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . s 0.471763
B. Unused increm ent rate (Line 66) .....................•..........................••....•.......... , ....•.
C. Subtract B from A .................................................................................... .
D. Adopte d Tax Rate .....•....•....•....•....•....•..........•................•...........................
E. Subtract D from C .................................................................................... ..
S 0 .020157
S 0.451606
S 0.445000
S 0 .006606
65. Year 1 component. Subtra ct the 2020 actual tax rate and the 2020 unused in cremen t rate from the 2020 voter-approval tax rate.
A. Voter-approva l ta x rate (Line 65)....... . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . s 0.466599
/$100
/$100
/$100
1$1 00
/$10 0
/$1 00
$100
$100
$1 00
$100
/$100
B. Unused increm ent rate (Line 64) ...................•....•..........•.....•.....•....•..........•....•... s_0 ____ ~1s 100
C. Subtrac t B from A .................................................................................... .
D. Adop ted Ta x Rate .........•....•....•.........•......................................................•.
E. Subt ract D from C. .......................................... .
S 0.466599
S 0.446442
S 0 .020 157
/$1 00
/$100
/$1 00
66. 2023 unused increment rate. Add Lines 63E, 64E and 65E. S 0 .0 11676
67. Total 2023 voter-approval tax rate , including the unused increment rate. Add Line 66 to one of the fo ll owing li nes (as applicab le): Line 49,
Li ne D49 (disas ter), Line 50 (co un ties), Li ne 58 (t axing un its with t he addit ional sa les tax) or Li ne 62 (taxi ng units with po llu tion control). S 0 .415469
~Tex.Ta x Cod e §26 .013 (a)
~Te x.Tax Code §26.013 (c)
"Te x. Ta x Cod e §§26.0S0l (a) and (cl
"Tex. l ocal Gov't Cod e §120 .00 l(d), effect ive Jan. 1, 2022
"Tex. Ta x Code §26.063 (a)(1)
"Tex. Ta x Code §26.012 (8-a)
"Tex. Ta x Cod e §26 .063(a)(1)
Fo r additional cop ies, visi t: comptroller.texas .gov/taxes/property-tax
/$100
1$100
Page 8
18
2023 Tax Rate Calculation Worksheet -Taxing Un its Other Than School Districts or Water Districts FormS0 -8S6
SECTION 6: De Mini mis Rate
The de minimis rate is the rate equal to the sum of the no-new-revenue maintenance and operations rate, the rate that will raise $500,000, and the current debt rate for a taxing un it."
Th is section should only be completed by a taxing un it that is a municipality of less than 30,000 or a taxing unit that does not meet the definition of a special taxing un it."
Une .:f"-~-,. De Mini mis Rate Worksheet Amount/Rate
68. Adjusted 2023 NNR M&O tax rate . Enter the rate from Line 39 of the Voter-Approval Tax Rate Worksheet s 0 .293519
/$100
69 . 2023 total taxable value. Enter the amount on Line 21 of the No -New-Revenue Tax Rate Worksheet. S 2,501,446,099
70. Rate necessary to impose $500,000 in taxes . Divide $500 ,000 by Line 69 and multiply by $100 . 0 .019988 s /$100
71 . 2023 debt rate. Enter the rate from Line 48 of the Voter-Approval Tax Rate Worksheet. 0 .099799 s /$100
72 . De minimis rate . Add Lines 68, 70 and 71. s 0.413306
/$100
SECTION 7: Voter Approval Tax Rate Adjustment for Emergency Revenue Rate
In the tax year after the end of the disaster calculation time period detailed in Tax Code Section 26 .042(a), a taxing unit that calcu lated its voter-approval tax rate in the manner
prov ided for a special taxing unit due to a disaster must calculate its emergency revenue rate and reduce its voter-approval tax rate for that year.46
Similarly, if a taxing unit adopted a tax rate that exceeded its voter-approval tax rate, calculated normally, without holding an election to respond to a disaster, as allowed by Ta x
Code Sect ion 26 .042(d), in the pr ior year, it must also reduce its voter-approval ta x rate for the current tax year."
This section will apply to a tax ing unit other than a special ta xi ng unit that:
directed the des ignated officer or employee to calcul ate the voter-approval ta x rate of the taxing un it in the manner provided for a spe ci al taxing unit in the pri or year; and
the current year is the first tax year in which the total taxab le value of prope rty taxable by the taxing unit as shown on the appra is al roll for the taxing un it subm itted by t he
assessor for the taxing unit to the governing body exceeds the total taxable value of property taxable by the taxing unit on January 1 of the tax year in which the disaster
occurred or the disaster occurred four years ago . This section will apply to a taxing unit in a disaster area that adopted a tax rate greater than its voter-approval tax rate
without holding an elect ion in the prior year.
Note: This section does not apply if a taxing unit is continuing to calculate its voter-approval tax rate in the manner provided for a special ta xing un it because it is still with in the
disaster calculation time period detailed in Tax Code Section 26.042(a) because it has not met the conditions in Tax Code Section 26 .042(a ){l) or (2).
Une ,' :•··· Emergency Revenue Rate Worksheet
73. 2022 adopted tax rate . En te r the rate in Line 4 of the No -New-Revenue Ta x Rate Worksheet.
74 . Adjusted 2022 voter-approval tax rate. Use the taxing unit's Tax Rate Calculation Worksheets from the prior year(s) to complete this lin e.
If a disaster occurred in 2022 and the taxing unit calculated its 2022 voter-approval tax rate using a multiplier of 1.08 on Disaster Line 41 (D41)
of the 2022 worksheet due to a disaster, complete the applicable sections or lines of Form 50-856-a , Adjusted Voter-Approval Tax Rate for Taxing
Units in Disaster Area Calculat ion Worksheet.
-or -
If a disaster occurred prior to 2022 for which the taxing unit continued to ca lculate its voter-approva l tax rate using a multiplier of 1 .08 on
Disaster Line 41 (D41 ) in 2022 , complete the separate Adjusted Voter-Approval Tax Rate for Taxing Units in Disaster Area Calculation Worksheet to
recalculate the voter-approval tax rate the taxing un it would have calculated in 2022 if it had generated revenue based on an adopted tax rate
using a multiplier of 1 .035 in the year(s) following the disaster." Enter the final adjusted 2022 voter-approval tax rate from the worksheet.
-or-
If the taxing unit adopted a tax rate above the 2022 voter-approval tax rate without calculating a disaster tax rate or holding an el ection due to
a disaster, no recalculation is necessary. Enter the voter-approval tax rate from the prior year 's worksheet.
75. Increase in 2022 tax rate due to disaster. Subtract Line 74 from Line 73 .
76 . Adjusted 2022 taxable value. Enter the amount in Line 14 of the No-New-Re venue Tax Rate Worksheet.
77. Emergency revenue. Mu ltiply Line 75 by Line 76 and divide by S 100.
78 . Adjusted 2023 taxable value. Enter the amount in Line 25 of the No-New -Revenue Tax Rate Worksheet.
79. Emergency revenue rate . Divide Line 77 by Line 78 and mu ltiply by $10 0."
"Tex. Tax Cod e §l6.04l(b)
"Tex. Ta x Code §l 6.04 2(f)
"Tex. Tax Code §l 6.04l(c)
"Tex. Tax Code §l6.04l(b)
For additional copies, visit: comptrolle r.texas.gov/taxes/property-tax
Amount/Rate
0.434799 s /$1 00
0 s /$100
0 s /$1 00
S 2,167,865,246
0 s
S 2,490,702 ,938
0 s /$100
Pag e 9
19
~ue Rate Worksheet
80. 2023 voter-approval tax rate, adjusted for emergency revenue. Subtract Line 79 from one of the following lines (as applicable): Line 49,
Line 049 (disaster), Line 50 (coun ti es), Line 58 (taxing units with the add itiona l sa les tax), Line 62 (taxing units with pollution control) or Line 67
F rm 50-856
Amount/Rate
(taxing units with the unused incre ment rate). S 0.415469 /$100
SECTION 8: Total Tax Rate
Ind icate the applicable total tax rate s as calc ulated above .
No-new-revenue tax rate . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . ..................................................... .
As applicable, enter the 2023 NNR tax rate from : Line 26 , Line 27 (cou nties), or Line 56 (adjusted for sales tax).
Indicate the line number used:~
Voter-approval tax rate .................................................................................................................. .
As applicab le, enter the 2023 voter-approval tax rate from : Line 49, Line 04 9 (disaster), Line 50 (count ies ), Line 58 (adjusted for sales tax ),
Line 62 (adj usted for pollutio n cont rol), Line 67 (adjusted for unu sed increment), or Line 80 (adjusted for emergency revenue).
Indicate the line number used : .§I___
De minimis rate .......................................................................................................................... .
If applicable, enter the 2023 de minimis rate from Line 72 .
SECTION 9: Taxing Unit Representative Name and Signature
$ 0.379140 /$1 00
S 0.415469 /$100
S 0.413306 /$1 00
Enter the name of the person preparing the tax rate as authorized by the governing body of the taxing unit. By signing below, you certify that you are the designated officer or
employee of the taxing unit and have accurately calculated th e tax ra te s usin g values that are the same as the va lues shown in the taxing unit's certified appraisal roll or certified
estimate of ta xab le value, in accordance with requirements in the Tax Code. so
print• April Duvall here
Prin ted Name ofTaxi ng Unit Representative
~~~. ,llQO;~:~~ > Du.M~n, 08/07/2023
Date
"Tex. Tax Code §§26.04(<·21 and (d-2)
For additional copies, visit: comptroller.texas.gov/taxes/property-tax Page 10
20
TOWN COUNCIL COMMUNICATION
REGULAR
MEETING DATE: September 27, 2023
FROM: Patrick Arata, Interim Town Manager
AGENDA ITEM: Consider approval of ratifying the property tax increase reflected in the
FY 2023-2024 budget.
BACKGROUND/SUMMARY:
The FY 2023-2024 Proposed Budget was presented to the Town Council on September 12, 2023,
and subsequently approved.
In accordance with Local Government Code Section 102.007 (c) Adoption of a budget that will
require raising more revenue from property taxes than in the previous year requires a separate
vote of the governing body to ratify the property tax increase reflected in the budget.
A vote under this subsection is in addition to and separate from the vote to adopt the budget or
a vote to set the tax rate required by Chapter 26, Tax Code, or other law.
BOARD REVIEW/CITIZEN FEEDBACK: N/A
FISCAL IMPACT:
The Town of Trophy Club relies significantly on property tax revenue, which accounts for 63% of
the total General Fund revenues. By presenting a tax rate aligned with the voter approval rate
the Town not only upholds its commitment to fiscal responsibility but also secures the means to
enhance and sustain the present level of services provided to its citizens.
LEGAL REVIEW:
Town Attorney, Dean Roggia, has reviewed the agenda item as to legality.
ATTACHMENTS: N/A
ACTION/OPTIONS:
Move to ratify the property tax revenue increase as reflected in the fiscal year 2023-2024
approved budget.
21