NOTICE OF PUBLIC HEARING ON TAX INCREASE A tax rate of $0.611882 per $100 valuation has been proposed for adoption by the governing body of the City of Hurst. PROPOSED TAX RATE $ 0.611882 per $100 NO-NEW-REVENUE TAX RATE $ 0.592042 per $100 VOTER-APPROVAL TAX RATE $ 0.611882 per $100 The no-new-revenue tax rate for the 2025 tax year will raise the same amount of property tax revenue for the City of Hurst from the same properties in both the 2024 tax year and the 2025 tax year. The voter-approval rate is the highest tax rate that the City of Hurst 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 Hurst is proposing to increase property taxes for the 2025 tax year. A PUBLIC HEARING ON THE PROPOSED TAX RATE WILL BE HELD ON AUGUST 12, 2025 AT 6:30 PM AT THE HURST CITY HALL, 1505 PRECINCT LINE ROAD, HURST TEXAS. The proposed tax rate is not greater than the voter-approval tax rate. As a result, the City of Hurst 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 the City of Hurst at their offices or by attending the public meeting mentioned above. YOUR TAXES OWED UNDER ANY OF THE ABOVE RATES CAN BE CALCULATED AS FOLLOWS: Property tax amount = (rate) x (taxable value of your property) / 100 City Council Vote to Approve the Proposed Tax Rate: FOR the proposal: AGAINST the proposal: voting: Councilmember Jimmy Meeks, Place 1 Councilmember Cathy Brotherton, Place 4 PRESENT and not voting: Councilmember Gary N. Waldron, Place 5 Henry Wilson, Mayor Councilmember Jon McKenzie, Place 6 Councilmember Trasa Cobern, Place 7 ABSENT: Councilmember John Miller, Place 2 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 Legislature modified the manner in which the voter-approval 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 the City of Hurst last year to the taxes proposed to be imposed on the average residence homestead by the City of Hurst this year. 2024 2025 Change Total Tax Rate (per $0.591324 $0.611882 Increase of $0.020558 per $100 of value) $100, or 3.48% Average homestead $240,202 $240,364 Increase of $162 or taxable value 0.067% Tax on average $1,420 $1,471 Increase of $51 or 3.55% homestead Total tax levy on all $24,371,552 $25,092,793 Increase of $721,241 or properties 2.96% For assistance with tax calculations, please contact the tax assessor for the City of Hurst at 817-884-1100 or taxoffice@tarrantcounty.com , or visit https://www.tarrantcounty.com/en/tax.html