PROPOSED TAX RATE YEAR 2016

NOTICE OF 2016 TAX YEAR PROPOSED PROPERTY TAX RATE FOR
PALO PINTO COUNTY

A tax rate of $0.377225 per $100 valuation has been proposed for adoption by the governing body of Palo Pinto County.

PROPOSED TAX RATE                    $0.377225 per $100
PRECEDING YEAR’S TAX RATE     $0.361528 per $100
EFFECTIVE TAX RATE                     $0.377225 per $100

The effective tax rate is the total tax rate needed to raise the same amount of property tax revenue for Palo Pinto County from the same properties in both the 2015 tax year and the 2016 tax year.

YOUR TAXES OWED UNDER ANY OF THE ABOVE RATES CAN BE CALCULATED AS FOLLOWS:

Property tax amount= (rate) x (taxable value of your property)/100

For assistance or detailed information about tax calculations, please contact:

Stacy L. Choate
Palo Pinto County Tax Assessor-Collector
520 Oak Street, Palo Pinto, TX 76484
940-659-1271
stacy.choate@co.palo-pinto.tx.us
www.co.palo-pinto.tx.us