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HomeMy WebLinkAboutIPL0367927-Affidavit - 08/21/2026 - BudgetATTENTION: CITY OF COLLEYVILLE IP ATTN: ACCOUNTS PAYABLE COLLEYVILLE, TX 76034 Finance-AP@colleyville.com;cloven@colleyville.com AFFIDAVIT OF PUBLICATION Account #Order Number Identification Order PO Cols Depth 48444 222.0L3.0Notice of tax increaseLegal Ad - IPL0367927 NOTICE OF PUBLIC HEARING ON TAX INCREASE A tax rate of $0.352480 per $100 valuation has been proposed by the governing body of City of Colleyville. PROPOSED TAX RATE $0.352480 per $100 NO-NEW-REVENUE TAX $0.321034 per $100 RATE VOTER-APPROVAL TAX RATE $0.352480 per $100 The no-new-revenue tax rate is the tax rate for the 2026 tax year that will raise the same amount of property tax revenue for City of Colleyville from the same properties in both the 2025 tax year and the 2026 tax year. The voter-approval rate is the highest tax rate that City of Colleyville 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 City of Colleyville is proposing to increase property taxes for the 2026 tax year. A PUBLIC HEARING ON THE PROPOSED TAX RATE WILL BE HELD ON September 1, 2026 AT7:00 PM AT City Hall, 100 Main Street, 3rd floor, Colleyville, Texas 76034. The proposed tax rate is not greater than the voter-approval tax rate. As a result, City of Colleyville 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 City Council of City of Colleyville at their offices or by attending the public hearing mentioned above. YOUR TAXES OWED UNDER ANY OF THE RATES MENTIONED ABOVE CAN BE CALCULATED AS FOLLOWS: Property tax amount= (tax rate) x (taxable value of your property)/100 FOR the proposal: Mayor Lindamood Mayor Pro Tem Elder, Place 1 Deputy Mayor Pro Councilmember Alphonso, Place 2 Tem Richardson, Place 3 Councilmember Raine, Place 6 Councilmember Gunderson, Place 5 AGAINST the proposal: PRESENT and not voting: ABSENT: Councilmember Graves, Place 4 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 City of Colleyville last year to the taxes proposed to be imposed on the average residence homestead by City of Colleyville this year. 2025 2026 Change Total tax rate (per$100 of value)$0.311931 $0.352480 increase of 0.040549 per $100, or 13.00% Average homestead taxable value $705,492 $678,440 decrease of 3.83% Tax on average homestead $2,200.65 $2,391.37 increase of 190.72,or 8.66% Total tax levy on all properties $14,592,655 $15,810,948 increase of 1,218,293,or 8.35% For assistance with tax calculations, please contact the tax assessor for City of Colleyville at 817-481-1242 or colette.ballinger@gcisd.net, or visit https://www.gcisd.net/page/tax-office for more information. THE STATE OF TEXAS COUNTY OF TARRANT Before me, a Notary Public in and for said County and State, this day personally appeared the undersigned, Bid and Legal Coordinator for the Star-Telegram, published by the Star-Telegram, Inc. at Fort Worth, in Tarrant County, Texas; and who, after being duly sworn, did depose and say that the attached clipping of an advertisement was published in the above named paper on the listed dates. The Fort Worth Star-Telegram is generally circulated in Tarrant County. 1.0 insertion(s) published on: 08/21/26 Print Sworn to and subscribed before me on McClatchy The Beaufort Gazette The Belleville News-Democrat Bellingham Herald Centre Daily Times Sun Herald Idaho Statesman Bradenton Herald The Charlotte Observer The State Ledger-Enquirer The Modesto Bee The Sun News - Myrtle Beach Raleigh News & Observer Rock Hill | The Herald The Sacramento Bee San Luis Obispo Tribune Tacoma | The News Tribune Tri-City Herald The Wichita Eagle The Olympian Durham | The Herald-Sun Fort Worth Star-Telegram The Fresno Bee The Island Packet The Kansas City Star Lexington Herald-Leader The Telegraph - Macon Merced Sun-Star Miami Herald El Nuevo Herald Print Tearsheet Link Marketplace Link NOTICE OF PUBLIC HEARING ON TAX INCREASE A tax rate of $0.352480 per $100 valuation has been proposed by the governing body of City of Colleyville. PROPOSED TAX RATE $0.352480 per $100 NO-NEW-REVENUE TAX $0.321034 per $100 RATE VOTER-APPROVAL TAX RATE $0.352480 per $100 The no-new-revenue tax rate is the tax rate for the 2026 tax year that will raise the same amount of property tax revenue for City of Colleyville from the same properties in both the 2025 tax year and the 2026 tax year. The voter-approval rate is the highest tax rate that City of Colleyville 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 City of Colleyville is proposing to increase property taxes for the 2026 tax year. A PUBLIC HEARING ON THE PROPOSED TAX RATE WILL BE HELD ON September 1, 2026 AT 7:00 PM AT City Hall, 100 Main Street, 3rd floor, Colleyville, Texas 76034. The proposed tax rate is not greater than the voter-approval tax rate. As a result, City of Colleyville 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 City Council of City of Colleyville at their offices or by attending the public hearing mentioned above. YOUR TAXES OWED UNDER ANY OF THE RATES MENTIONED ABOVE CAN BE CALCULATED AS FOLLOWS: Property tax amount= (tax rate) x (taxable value of your property)/100 FOR the proposal: Mayor Lindamood Mayor Pro Tem Elder, Place 1 Deputy Mayor Pro Councilmember Alphonso, Place 2 Tem Richardson, Place 3 Councilmember Raine, Place 6 Councilmember Gunderson, Place 5 AGAINST the proposal: PRESENT and not voting: ABSENT: Councilmember Graves, Place 4 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 City of Colleyville last year to the taxes proposed to be imposed on the average residence homestead by City of Colleyville this year. 2025 2026 Change Total tax rate (per$100 of value)$0.311931 $0.352480 increase of 0.040549 per $100, or 13.00% Average homestead taxable value $705,492 $678,440 decrease of 3.83% Tax on average homestead $2,200.65 $2,391.37 increase of 190.72,or 8.66% Total tax levy on all properties $14,592,655 $15,810,948 increase of 1,218,293,or 8.35% For assistance with tax calculations, please contact the tax assessor for City of Colleyville at 817-481-1242 or colette.ballinger@gcisd.net, or visit https://www.gcisd.net/page/tax-office for more information.