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Posted on: August 13, 2020

Notice About 2020 Tax Rates

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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 the current taxable value with adjustments as required by state law. The rates are given per $100 of property value. For the full information, visit https://www.forneytx.gov/588/Taxes 

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