Deerhaven Water District
Notice of Public Hearing on Tax Rate
The Deerhaven Water Control & Improvement District will hold a public hearing on a proposed tax rate for the tax year 2013 on September 7, 2013 at 9:00 am at the Blue Lake Clubhouse, 214 W. Bluebonnet Road, Horseshoe Bay, Llano County, Texas. Your individual taxes may increase or decrease, depending on the change in the taxable value of your property in relation to the change in taxable value of all other property and the tax rate that is adopted.
FOR the proposal: James Maughan, Milton Dietert, Ralph Hendrick, Jeff Rudenstein, and Tim Dykes
AGAINST the proposal: None
PRESENT and not voting: None
The following table compares taxes on an average residence homestead in this taxing unit last year to taxes proposed on the average residence homestead this year.
Last Year This Year
Total tax rate $.145/$100 $0.229/$100
(per $100 of value)
Difference in rates per $100 of value $ .084100
Percentage increase/decrease in rates (+/-) 57.9%
Average appraised value $301,120 $307,827
General exemptions available $-2,275 $-4,943
(excluding senior citizen’s or
disabled person’s exemptions)
Average taxable value $298,845 $302,884
Tax on average residence homestead $433 $694
Annual increase/decrease in taxes if
proposed tax rate is adopted (+/-) $261.00
and percentage of increase (+/-) 60.30%
NOTICE OF TAXPAYERS’ RIGHT TO ROLLBACK ELECTION
If taxes on the average residence homestead increase by more than eight percent, the qualified voters of the district by petition may require that an election be held to determine whether to reduce the operation and maintenance tax rate to the rollback tax rate under Section 49.236(d), Water Code.