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2021 CFU NOTICE ABOUT 2021 TAX RATES

Click here to read the full document 2021 CFU NOTICE ABOUT 2021 TAX RATES

Notice About 2021 Tax Rates

Property Tax Rates in Town of Fulton

This notice concerns the 2021 property tax rates for Town of Fulton. 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: $0.204941/$100
This year’s voter-approval tax rate: $0.210197/$100

To see the full calculations, please visit www.aransascounty.org for a copy of the Tax Rate Calculation Worksheet.

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