Notice About 2022 Tax Rates

Property tax rates in City of Duncanville.

This notice concerns the 2022 property tax rates for City of Duncanville. This notice provides information about two tax rates used in adopting the current tax year’s tax rate. The no-new-revenue tax rate would Impose the same amount of taxes as last year if you compare properties taxed in both years. In most cases, the voter-approval tax rate is the highest tax rate a taxing unit can adopt without holding an election. In each case, these rates are calculated by dividing the total amount of taxes by the current taxable value with adjustments as required by state law. The rates are given per $100 of property value.

This year’s no-new-revenue tax rate: $0.599304/$100
This year’s voter-approval tax rate: $0.650462/$100

To see the full calculations, please visit the Tax Rate Calculation Worksheet.

Unencumbered Fund Balances

The following estimated balances will be left in the taxing unit’s accounts at the end of the fiscal year. These balances are not encumbered by corresponding debt obligation.

Type of Fund

General Fund

Debt Service

Balance

15,268,747

1,385,475

Current Year Debt Service

The following amounts are for long-term debts that are secured by property taxes. These amounts will be paid from upcoming property tax revenues (or additional sales tax revenues, if applicable).

Description of Debt

Principle or Contract Payment to be Paid from Property Taxes

Interest to be Paid from Property Taxes

Other Amounts to be Paid

Total Payment

Debt

1,290,000

726,782

0

2,016,782

Total required for 2022 debt service: $2,016,782

– Amount (if any) paid from funds listed in unencumbered funds: $0

– Amount (if any) paid from other resources: $0

– Excess collections last year: $2,765

= Total to be paid from taxes in 2022: $2,014,017

+ Amount added in anticipation that the unit will collect only 101.52% of its taxes in 2022: $-30,155

= Total debt levy: $1,983,862

This notice contains a summary of actual no-new-revenue and voter-approval calculations as certified by John R. Ames, PCC CTA, Tax Assessor/Collector on 08/11/2022.

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.

Tax Code Section 26.18

General Fund’s
Maintenance/Operations
Debt Service
Tax Rate Amount Tax Rate Amount
2020 Adopted 0.666163 $17,997,398 0.050689 $1,410,157
2021 Adopted 0.65541 $18,614,836 0.04459 $1,410,157
2022 Proposed 0.62512 $20,545,379 0.02534 $832,829