State – 6.250%
Upshur County – 0.500%
Ore City – 1.500%
TOTAL – 8.250%
Adopted Rate – 0.67
NOTICE OF 2019 TAX YEAR PROPOSED
PROPERTY TAX RATE FOR CITY OF ORE CITY
A tax rate of $0.703646 per $100 valuation has been proposed for adoption by the governing body of City of
Ore City. This rate exceeds the lower of the effective or rollback tax rate, and state law requires that two
public hearings be held by the governing body before adopting the proposed tax rate.
The governing body of City of Ore City proposes to use revenue attributable to the tax rate increase for the
purpose of building reserves, increased insurance rates and fire department expansion.
PROPOSED TAX RATE $0.703646 per $100
PRECEDING YEAR’S TAX RATE $0.670000 per $100
EFFECTIVE TAX RATE $0.653007 per $100
ROLLBACK TAX RATE $0.703646 per $100
The effective tax rate is the total tax rate needed to raise the same amount of property tax revenue for City of
Ore City from the same properties in both the 2018 tax year and the 2019 tax year.
The rollback tax rate is the highest tax rate that City of Ore City may adopt before voters are entitled to
petition for an election to limit the rate that may be approved to the rollback rate.
YOUR TAXES OWED UNDER ANY OF THE ABOVE RATES CAN BE CALCULATED AS
property tax amount= (rate) x (taxable value of your property)/100
For assistance or detailed information about tax calculations, please contact:
City of Ore City tax assessor-collector
215 N Titus, Gilmer, TX 75644
THE CITY OF ORE CITY PROPOSES TO ADOPT A TAX RATE THAT WILL RAISE MORE TAXES FOR MAINTENANCE AND OPERATIONS THAN LAST YEAR’S TAX RATE. THE TAX RATE WILL EFFECTIVELY BE RAISED BY 6.00 PERCENT AND WILL RAISE TAXES FOR MAINTENANCE AND OPERATIONS ON A $100,000 HOME BY APPROXIMATELY $33.00”
You are urged to attend and express your views at the following public hearings on the proposed tax rate:
First Hearing on Tax Rate: August 27, 2019 at 7:00 PM at City of Ore City, 302 E Main St, Ore City, TX 75683
Second Hearing on Tax Rate: September 3, 2019 at 7:00 PM at City of Ore City, 302 E Main St, Ore City, TX 75683
Budget Hearing : September 10, 2019 at 6:45PM at City of Ore City, 302 E. Main St, Ore City, TX 75683