Travis County Bee Cave Road District No. 1 of Travis County, Texas, uses its property taxes to fund its debt service obligations.
A tax rate of $0.228532 per $100 valuation has been proposed by the Board of Directors of the Travis County Bee Cave Road District No. 1.
|
PROPOSED TAX RATE |
$0.228532 |
per $100 |
|
NO-NEW-REVENUE TAX RATE |
$0.214757 |
per $100 |
|
VOTER-APPROVAL TAX RATE |
$0.228532 |
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 Travis County Bee Cave Road District No. 1 from the same properties in both the 2022 tax year and the 2023 tax year.
The voter-approval tax rate is the highest tax rate that Travis County Bee Cave Road District No. 1 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 Travis County Bee Cave Road District No. 1 is proposing to increase property taxes for the 2023 tax year.
A PUBLIC HEARING ON THE PROPOSED TAX RATE WILL BE HELD ON TUESDAY, SEPTEMBER 19, 2023 at 9:30 AM in the Travis County Commissioners Courtroom, located on the first floor at 700 Lavaca Street, Austin, Texas 78701.
MEMBERS OF THE PUBLIC MAY ALSO GIVE COMMENTS on the proposed tax rate during the hearing by calling (800) 304-1055.
The proposed tax rate is not greater than the voter-approval tax rate. As a result, Travis County Bee Cave Road District No. 1 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 Board of Directors of the Travis County Bee Cave Road District No. 1 at their offices or by attending the public hearing mentioned above.
YOUR TAXES OWED UNDER ANY OF THE TAX RATES MENTIONED ABOVE CAN BE CALCULATED AS FOLLOWS:
Property tax amount = (tax rate) x (taxable value of your property) / 100
| Board Member Andy Brown | FOR the proposed rate |
| Board Member Jeffrey Travillion, Jr | FOR the proposed rate |
| Board Member Brigid Shea | FOR the proposed rate |
| Board Member Ann Howard | FOR the proposed rate |
| Board Member Margaret J. Gómez | 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 Travis County Bee Cave Road District No. 1 last year to the taxes proposed to be imposed on the average residence homestead by Travis County Bee Cave Road District No. 1 this year:
|
|
2022 |
2023 |
Change |
|
Total tax rate (per $100 of value) |
$0.212156 |
$0.228532 |
Increase of $0.016376 per $100 or 7.7% |
|
Average homestead taxable value |
$684,682 |
$611,775 |
Decrease of $72,907, or 10.6% |
|
Tax on average homestead |
$1,452.59 |
$1,398.10 |
Decrease of $54.49, or 3.8% |
|
Total tax levy on all properties |
$951,330 |
$1,037,790 |
Increase of $86,460, or 9.1% |
For assistance with tax calculations, please contact the tax assessor for Travis County Bee Cave Road District No. 1 at (512) 854-9473 or [email protected], or visit www.traviscountytax.org for more information.
