NOTICE OF PUBLIC HEARING ON TAX INCREASE PROPOSED TAX RATE $ 0.526212 per $100 NO-NEW-REVENUE TAX RATE $ 0.506800 per $100 VOTER-APPROVAL TAX RATE $ 0.526212 per $100 The no-new-revenue tax rate is the tax rate for the 2025 tax year that will raise the same amount of property tax revenue for the City of Bedford from the same properties in both the 2024 tax year and the 2025 tax year. The voter-approval tax rate is the highest tax rate that the City of Bedford 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 the City of Bedford is proposing to increase property taxes for the 2025 tax year. A public hearing on the proposed tax rate will be held on Tuesday, September 9, 2025 at 6:00 p.m. at Bedford City Hall, 2000 Forest Ridge Dr, Bedford, TX 76021. The proposed tax rate is not greater than the voter-approval tax rate. As a result, the City of Bedford 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 Bedford at their offices or by attending the public hearing mentioned above. YOUR TAXES OWED UNDER ANY OF THE TAX RATES MENTIONED ABOVE CAN BE CAL- CULATED AS FOLLOWS: Property tax amount = (tax rate) x (taxable value of your property) / 100 The members of the governing body voted on the proposal of the tax rate as follows: FOR the proposal: Nichelle D. Dawkins, Joy Donovan Brandon, Amy Sabol, Rich Steves, Steve Farco, Rob Gagliardi AGAINST the proposal: Dan Cogan PRESENT and not voting: Not Applicable ABSENT: Not Applicable 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 pro- posed 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 calcu- lated 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 Bedford last year to the taxes proposed to be imposed on the average residence home- steTahde b fyo ltlohwe inCgi tyta oblfe B ceodmfopardre tsh itsh ey etaaxre:s imposed on the average residence homestead by the City of Bedford last year to the taxes proposed to be imposed on the average residence homestead by the City of Bedford this year: 2024 2025 Change Total tax rate (per $100 of $0.495726 $0.526212 increase of $0.030486 per value) $100, or 6.15% Average homestead taxable $320,431 $318,671 decrease of 0.55% value Tax on average homestead $1,588.46 $1,676.89 increase of $88.43, or 5.57% Total tax levy on all $26,419,663 $27,774,477 increase of $1,354,814, or properties 5.13% ForF aosr saissstaisntacnec ew withit ht ataxx c caalclcuullaattiioonnss,, pplleeaassee c coonntatcatc tth teh eta xta axs asesssseosrs foorr ftoher tChiety C oift yB eodf fBoredd afot rd at 8817-884-1100 or taxoffice@tarrantcounty.com, or visit www.tarrantcounty.com for more in1f7or-m88a4tio-1n1. 00 or taxoffice@tarrantcounty.com, or visit www.tarrantcounty.com for more information.