2018 Property Tax Rates
in
Johnson County Emergency Service District #1
This notice concerns the 2018 property tax rates for Johnson County Emergency Service District #1. It presents information about three tax rates. Last year’s tax rate is the actual tax rate the taxing unit used to determine property taxes last year. This year’s effective tax rate would impose the same total taxes as last year if you compare properties taxed in both years. This year’s rollback tax rate is the highest tax rate the taxing unit can set before taxpayers start rollback procedures. In each case these rates are found by dividing the total amount of taxes by the tax base (the total value of taxable property) with adjustments as required by state law. The rates are given per $100 of property value.
Last year’s tax rate:
Last year’s operating taxes $3,717,149
Last year’s debt taxes $0
Last year’s total taxes $3,717,149
Last year’s tax base $6,195,248,333
Last year’s total tax rate $0.060000/$100
This year’s effective tax rate: Last year’s adjusted taxes
(after subtracting taxes on lost property) $3,706,148 ÷ This year’s adjusted tax base
(after subtracting value of new property) $6,581,728,977
=This year’s effective tax rate $0.056309/$100
(Maximum rate unless unit publishes notices and holds hearings.)
This year’s rollback tax rate:
Last year’s adjusted operating taxes $3,706,148 (after subtracting taxes on lost property and adjusting for any transferred function, tax increment financing, state criminal justice mandate, and/or enhanced indigent healthcare expenditures)
÷ This year’s adjusted tax base $6,581,728,977
=This year’s effective operating rate $0.056309/$100
x 1.08=this year’s maximum operating rate $0.060813/$100
+ This year’s debt rate $0/$100
= This year’s total rollback rate $0.060813/$100
Statement of Increase/Decrease
If Johnson County Emergency Service District #1 adopts a 2018 tax rate equal to the effective tax rate of
$0.056309 per $100 of value, taxes would increase compared to 2017 taxes by $82,921.
Schedule A - Unencumbered Fund Balance
The following estimated balances will be left in the unit’s property tax accounts at the end of the fiscal year.
These balances are not encumbered by a corresponding debt obligation.
Type of Property Tax Fund Balance
General Fund 3,527,649
Schedule B - 2018 Debt Service
The unit plans to pay the following amounts for long-term debts that are secured by property taxes. These
amounts will be paid from property tax revenues (or additional sales tax revenues, if applicable).
Description of Principal or Interest to be Paid Other Amounts Total Payment
Debt Contract Payment from Property to be Paid
to be Paid from Property Taxes
None
Total required for 2018 debt service $0
- Amount (if any) paid from Schedule A $0
- Amount (if any) paid from other resources $0
- Excess collections last year $0
= Total to be paid from taxes in 2018 $0
+ Amount added in anticipation that the unit will collect only 100.00% of its taxes in 2018 $0
= Total debt levy $0
This notice contains a summary of actual effective and rollback tax rates' calculations. You can
inspect a copy of the full calculations at 2 North Mill Street, Cleburne, TX 76033.
Name of person preparing this notice: Scott Porter
Title: Johnson County Tax Assessor-Collector
Date Prepared: 07/30/2018