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NOTICE OF 2020 TAX RATES
Tuesday, August 4, 2020

This year’s no-new-revenue tax rate ............................................................................. $0.0960/$100
This year’s voter-approval tax rate ................................................................................ $0.1000/$100

To see the full calculations, please visit www.mctotx.org for a copy of the Tax Rate Calculation Worksheet.
Unencumbered Fund Balances


The following estimated balances will be left in the taxing unit’s accounts at the end of the fiscal year. These balances are not encumbered by corresponding
debt obligation.
Type of Fund Balance
Maintenance Tax Fund 0
Current Year Debt Service
The following amounts are for long-term debts that are secured by property taxes. These amounts will be paid from upcoming property tax revenues (or
additional sales tax revenues, if applicable).
Description of Debt Principal or Contract
Payment to be Paid
From Property Taxes
Interest to be Paid
From Property Taxes
Other Amounts to be
Paid
Total Payment
Total required for 2020 debt service. . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . .. . $0
- Amount (if any) paid from funds listed in unencumbered funds . . . . . . . . . . $0
- Amount (if any) paid from other resources . . . . . . . . . . . . . . . . . . . . . . . . . . $0
- Excess collections last year . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . $0
= Total to be paid from taxes in 2020. . . . . . . . . . . . . . . . . . . . . . . . . . . . . . .. $0
+ Amount added in anticipation that the taxing unit will collect
only 100% of its taxes in 2020. . . . . . . . . . . . . . . . . . . . . . . . . . . . . . ... . . . $0
= Total Debt Levy . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . $0


This notice contains a summary of the no-new-revenue and voter-approval calculations as
certified by Tammy McRae, Montgomery County Tax Assessor-Collector on August 3, 2020.

To download the Notice CLICK HERE 

To download Notice of Public Hearing CLICK HERE



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