2022 Property Tax Rates

Notice about 2022 Tax Rates

Property tax rates in the CITY OF SANDY OAKS. This notice concerns the 2022 property tax rates for the CITY OF SANDY OAKS. 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 $0.249507/$100
This year’s voter-approval tax rate $0.256259/$100

 

Current Year Debt Service
The following amounts are for long-term debts that are secured by property taxes. These amounts will be paid from upcoming property tax revenues (or additional sales tax revenues, if applicable).

Description of Debt Principal or Contract Payment to be Paid from Property Taxes Interest to be Paid from Property Taxes Other Amounts to be Paid Total Payment
  Bond Debt 45,000 19,113 0 64,113
  Total required for 2022 debt service $64,113
– Amount (if any) paid from funds listed in unencumbered funds $0
– Amount (if any) paid from other resources $0
– Excess collections last year $10,368
= Total to be paid from taxes in 2022 $53,745
+ Amount added in anticipation that the unit will collect only 90.41% of its taxes in 2022 $5,700
= Total debt levy $59,445

This notice contains a summary of actual no-new-revenue and voter-approval calculations as certified on 07/29/2022. To see the full calculations or for a copy of the Tax Rate Calculation Worksheet, please visit:

The Office of the Bexar County Tax Assessor-Collector Albert Uresti, MPA, PCAC

Carlos Gutierrez, PCC
Property Tax Division Director
233 N. Pecos-La Trinidad, San Antonio, TX 78207
210-335-6600
taxoffice@bexar.org
home.bexar.org/tax

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 proposed 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 calculated to limit the rate of growth of property taxes in the state.