City of Ned - 2022 Notice of RatesNotice about 2022 Tax Rates
Property tax rates in City of Nederland.
This notice concerns the 2022 property tax rates for City of Nederland. This notice provides
information about two tax rates used in adopting the current tax year's tax rate. The no-new-revenue
tax rate would Impose the same amount of taxes as last year if you compare properties taxed in both
years. In most cases, the voter-approval tax rate is the highest tax rate a taxing unit can adopt without
holding an election. In each case, these rates are calculated by dividing the total amount of taxes by
the current taxable value with adjustments as required by state law. The rates are given per $100 of
property value.
This year's no-new-revenue tax rate $0.471056/$100
This year's voter-approval tax rate $0.495105/$100
To see the full calculations, please visit www.jeffcotax.us 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 & Operations 14,810,430
Interest and Sinking 189,875
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
2013 GO Refunding Bonds 665,000 23,275 400 688,675
2013 Tax & Revenue COs 125,000 70,625 400 196,025
2017 Tax & Revenue COs 580,000 126,000 400 706,400
2020 Tax Notes 135,000 5,166 400 140,566
2021 Combination Tax &
Rev COs 200,000 91,494 400 291,894
Total required for 2022 debt service $2,023,560
- 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 2022 $2,023,560
+ Amount added in anticipation that the unit will
collect only 101.06% of its taxes in 2022 $-21,225
= Total debt levy $2,002,335
This notice contains a summary of actual no-new-revenue and voter-approval calculations as
certified by Allison Nathan Getz, Tax Assessor Collector on 07/28/2022 .
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.