A tax rate of $0.705537 per $100 valuation has been proposed by the governing body of County of Terry
| PROPOSED TAX RATE | $0.705537 per $100 |
| NO-NEW-REVENUE TAX RATE | $0.672667 per $100 |
| VOTER-APPROVAL TAX RATE | $0.705537 per $100 |
The no-new-revenue tax rate is the tax rate for the 2023 tax year that will raise the same amount of
property tax revenue for County of Terry from the same properties in both the 2022 tax year and the 2023
tax year.
The voter-approval rate is the highest tax rate that County of Terry may adopt without holding an election
to seek voter approval of the rate.
The proposed tax rate is greater than the no-new-revenue tax rate. This means that County of Terry is
proposing to increase property taxes for the 2023 tax year.
A PUBLIC HEARING ON THE PROPOSED TAX RATE WILL BE HELD ON SEPTEMBER 11, 2023
AT 9:00 AM AT 500 W MAIN. ROOM 4B.
The proposed tax rate is not greater than the voter-approval tax rate. As a result, County of Terry is not
required to hold an election at which voters may accept or reject the proposed tax rate. However, you may
express your support for or opposition to the proposed tax rate by contacting the members of the
Commissioner’s Court of County of Terry at their offices or by attending the public hearing mentioned
above.
YOUR TAXES OWED UNDER ANY OF THE RATES MENTIONED ABOVE CAN BE
CALCULATED AS FOLLOWS:
Property tax amount= (tax rate) x (taxable value of your property)/100
FOR the proposal: Richard Cavazos, Mike Swain, Martin Lefevere, Ernesto Elizardo
AGAINST the proposal:
PRESENT and not voting: Judge Tony Serbantez, County Auditor Sabrina Bandy, County Clerk Kim Carter
ABSENT:
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.
The following table compares the taxes imposed on the average residence homestead by County of Terry
last year to the taxes proposed to be imposed on the average residence homestead by County of Terry this
year
| 2022 | 2023 | Change | |
| Total tax rate (per $100 of value) | $0.721316 | $0.705537 | decrease of -0.015779, or -2.19% |
| Average homestead taxable value | $54,152 | $60,354 | increase of 6,202, or 11.45% |
| Tax on average homestead | $390.61 | $425.82 | increase of 35.21, or 9.01% |
| Total tax levy on all properties | $6,271,697 | $6,614,994 | increase of 343,297, or 5.47% |
No-New-Revenue Maintenance and Operations Rate Adjustments
Indigent Health Care Compensation Expenditures
The County of Terry spent $222,856 from July 1, 2022 to June 30, 2023 on indigent health care
compensation expenditures at the increased minimum eligibility standards, less the amount of state
assistance. For the current tax year, the amount of increase above last year’s enhanced indigent health care
expenditures is $48,778. This increased the no-new-revenue maintenance and operations rate by
$0.005235/$100.
For assistance with tax calculations, please contact the tax assessor for County of Terry at 637-6966 or
e.olivas@windstream.net, or visit Terrycoad.org for more information.
