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City of Lampasas News & Announcements

Posted on: August 4, 2022

Notice of Tax Rate 2022

Tax Rates

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: $0.2894/$100

This year's voter-approved tax rate: $0.3157/$100

To see the full calculations, please visit http://www.lampasascad.org/ for a copy of the Tax Rate Calculation Worksheet.

VIEW THE NOTICE



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