2005 Truth-In-Taxation

2005 Truth-In-Taxation
A Guide for Setting Tax Rates

The Comptroller of Public Accounts is authorized in law to offer professional and technical assistance to taxpayers, appraisal districts, appraisal review boards, and taxing units in limited situations. The Truth-in-Taxation Manual is not required by law and is provided to local taxing units as part of the Comptroller's efforts to offer technical assistance. The information contained in this publication is advisory only and is subject to change by the Texas Legislature. Tax rate adoption procedures may be revised during special sessions of the Legislature. The information should not be construed as offering legal advice or directing officials in setting tax rates. Legal counsel must advise political subdivisions in matters related to public notices, hearings, effective and rollback tax rate calculations, and questions of law.

Introduction

Part 1 - Truth-in-Taxation Overview

Part 2 - The Effective Tax Rate

Part 3 - The Rollback Tax Rate

Part 4 - The Additional Sales Tax

Part 5 - Required Notices and Hearings

Part 6 - Rollback Elections

Planning Calendars

Tax Rate Worksheets

Notices and Forms

Tax Rate Rollback Petition and Ballots

The 2005 Truth-In-Taxation (2.2 MB) is also available in PDF format. If you do not already have Adobe Acrobat Reader, you will need to download the latest version to view and print this manual.