2026 Truth-in-Taxation Information
The following information is being provided per the Texas Tax Code, Chapter 26, Section 26.18
Tax Rate Information
- 2026 Notice of Tax Rates in Town of Hickory Creek
- 2026 Tax Rate Calculations
- 2026 Notice of Meeting to Vote on Tax Rate
TOWN OF HICKORY CREEK
TAXPAYER IMPACT STATEMENT
PURSUANT TO SECTION 551.043 OF THE TEXAS GOVERNMENT CODE
This notice informs taxpayers of the potential impact of the Proposed Budget and Tax Rate for Fiscal Year 2026-27, comparing what would be paid under the No-New-Revenue Tax Rate versus the Proposed Tax Rate.
|
Rate Scenario |
Median Homestead Taxable Value |
Tax Rate (per $100 of value) |
Estimated Property Tax Bill |
|
FY 2025-26 Tax Rate (Current Year) |
$485,870 |
$0.211205 |
$1,026.18 |
|
FY 2026-27 |
$480,712 |
$0.213303 |
$1,025.37 |
|
FY 2026-27 |
$480,712 |
$0.213303 |
$1,025.37 |
| 2026-2027 FY Proposed Tax Rate |
2025-2026 FY Adopted Tax Rate |
2024-202 FY Adopted Tax Rate |
|
| General Fund | 0.147515 | 0.146431 | 0.151183 |
| Debt Service | 0.065788 | 0.064774 | 0.071877 |
| Total | 0.213303 | 0.211205 | 0.223060 |
| 2026-2027 FY Proposed |
2025-2026 FY Adopted |
2024-2025 FY Adopted |
|
| General Fund | 1,899,754 | 1,907,287 | 1,785,273 |
| Debt Service | 847,050 | 843,692 | 848,773 |
| Total | 2,746,804 | 2,750,979 | 2,634,046 |
Budget Information
| 2026-2027 FY Proposed Budget |
2025-2026 Adopted Budget |
Amount Changed |
Percentage Changed |
|
| General Fund | 9,381,949 | 10,868,912 | (1,486,963) | (15.85%) |
| Debt Service | 847,243 | 843,692 | 3,551 | 0.42% |
- Proposed 2026-2027 Fiscal Year Budget
- Adopted 2025-2026 Fiscal Year Budget
- Adopted 2024-2025 Fiscal Year Budget
