Thursday, October 30, 2014
1012 C Street  •  Floresville, TX 78114  •  Phone: 830-216-4519  •  Fax: 830-393-3219  • 

Lost & Found

Lost: Diamond set in gold mounting prongs, fell off my wife's wedding ring, in Floresville, reward offered. 210-867-1319.
If you are missing a pet in Floresville, be sure to check the Floresville holding facility. Animals are only kept for 3 days. Contact Las Lomas K-9 Rescue, 830-581-8041.

VideoFound: Long haired Dachshund puppy, on Old Corpus Christi Rd., several weeks ago, I have posted his picture everywhere, to no avail. Please help! 210-355-1594 call or text! 
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Help Wanted

VP Racing Fuels, Inc. is accepting applications for full-time warehouse personnel, must be willing to perform physical work outside and overtime, must pass background check and drug test, excellent benefits offered. Fax 210-635-7999; email resumes@vpracingfuels.com; 7124 Richter Road, Elmendorf, TX.
Pleasanton Title Company seeks experienced Closer/Escrow Officer, salary based on experience. Call 830-569-5169 (Dorothy) or email resume to Dorothy@reliabletitlecompany.com.
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Report Comment

Please complete the form below in order to alert us to the following comment. If you have questions about our policy regarding comments please reference our Terms of Use page.

Jim Miller  
Floresville, TX  
September 24, 2011 12:59pm
 
NG:

The Truth-in-Taxation requirements passed in 2003 or 2004 by the Texas Legislature are designed to protect the taxpayer with very specific requirement upon the taxing entities.

Taxing entities, each year, are required to calculate two baseline numbers:

1) An Effective Tax Rate - A tax rate that considers appraised value changes and would generate the same amount of revenue as in the previous year.

2) A Roll Back Tax Rate - A tax rate based upon 108% of the previous year's Maintenance and Operations costs and Debt Service.

The proposed tax rate is then compared to these two baseline numbers and if the proposed tax rate is greater than the lower of two, specific requirements must be met that include the publication in question. These requirements are due to the fact that the proposed tax rate will generate more revenue on the same properties as it had in the previous year.

So, if appraised values doubled and a taxing entity proposed the same tax rate as the previous year their revenue would also be doubling. However, the taxing entity could reduce it's rate by half, generating the same amount of revenue as the previous year.

The requirements of Truth in Taxation are based upon the amount of revenue not the Tax Rate!

As to remedies:

This same set of codes provides the tax payer with the ability to file an injunction against the taxing entity if he or she believes the entity did not comply with the calculation or publication requirements.

And, oh yes, several complaints have been filed with multiple State and County agencies.
     
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