NOTICE OF PUBLIC HEARING
ON TAX INCREASE
A tax rate of $0.610000 per $100 valuation has been proposed by the governing body of City of
Waxahachie.
PROPOSED TAX RATE $0.610000 per $100
NO-NEW-REVENUE TAX RATE $0.572525 per $100
VOTER-APPROVAL TAX RATE $0.610905 per $100
The no-new-revenue tax rate is the tax rate for the 2024 tax year that will raise the same amount of property
tax revenue for City of Waxahachie from the same properties in both the 2023 tax year and the 2024 tax
year.
The voter-approval rate is the highest tax rate that City of Waxahachie 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 Waxahachie is
proposing to increase property taxes for the 2024 tax year.
A PUBLIC HEARING ON THE PROPOSED TAX RATE WILL BE HELD ON September 3, 2024 AT
5:30 pm AT Waxahachie Civic Center 2000 Civic Center Lane Waxahachie, TX 75165.
The proposed tax rate is not greater than the voter-approval tax rate. As a result, City of Waxahachie 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 of
Waxahachie of City of Waxahachie 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: Billie Wallace Chris Wright
Tres Atkins Travis Smith
Patrick Souter
AGAINST the proposal:
PRESENT and not voting:
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 City of Waxahachie
last year to the taxes proposed to be imposed on the average residence homestead by City of Waxahachie this
year.
2023 2024 Change
Total tax rate (per
$100 of value)
$0.610000 $0.610000 increase of 0.000000 per
$100, or 0.00%
Average homestead
taxable value
$367,699 $331,788 decrease of -9.77%
Tax on average
homestead
$2,242.96 $2,023.91 decrease of -219.05, or
-9.77%
Total tax levy on all
properties
$37,048,326 $39,738,117 increase of 2,689,791, or
7.26%
For assistance with tax calculations, please contact the tax assessor for City of Waxahachie at 469-309-4000
or [email protected], or visit www.wahachie.com for more information.
