Joshua City Hall 101 South Main St. Joshua, Texas 76058

(817) 558-7447

September 11 4A & 4B Economic Development Board sessions NOTICE OF CANCELLATION

The 4A & 4B Economic Development Boards sessions scheduled for September 11 have been cancelled due to legal requirements of the Open Meetings Laws of the state of Texas. Rescheduling of the 4A & 4B Economic Development Board Regular session will be posted within 72 hours prior notice on the City of Joshua public bulletin board as well as the City of Joshua website.

2007 Property tax rates in the City of Joshua

This notice concerns 2007 property tax rates for City of Joshua. It presents information about three tax rates.

Last year’s tax rate is the actual rate the taxing unit used to determine property taxes last year. This year’s effective tax rate would impose the same total taxes as last year if you compare properties taxed in both years. This year’s rollback tax rate is the highest tax rate the taxing unit can set before taxpayers can start tax rollback procedures.

In each case, these rates are found by dividing the total amount of taxes by the tax base (the total value of taxable property) with adjustments as required by state law. The rates are given per $100 of property value.

See the attached notice for details on the calculations. NoticeOfEffectiveTaxRate–CityofJoshua-2007

Notice of public hearing on tax increase

The City of Joshua will hold a public hearing on a proposal to increase total tax revenues from properties on the tax roll in the preceding tax year by 5.77 percent (percentage by which proposed tax rate exceeds lower of rollback tax rate or effective tax calculated under Chapter 26, Tax Code). Your individual taxes may increase at a greater or lesser rate, or even decrease, depending on the change in the taxable value of your property in relation to the change in taxable value of all other property and the tax rate that is adopted.

The public hearing will be held on August 21, 2007 at 7:00 PM and September 11, 2007 at 6:30 PM at Joshua City Hall, 101 S. Main St., Joshua, TX. See notice for more details: noticeofpublichearing-cityofjoshua-2007.pdf