2019-2020 Budget

A tax rate of $0.465434 per $100 valuation has been proposed for adoption by the governing body of City of Tool. This budget will raise more revenue from property taxes than last year’s budget by an amount of $ 67,988 which is a 6.50211% percent increase from last year’s budget. The property tax revenue to be raised from new property added to the tax roll this year is $11,710.60.

2018-2019 Budget Amendment

The City of Tool, Texas, Fiscal Year 2018-2019 Budget is hereby amended as stated in attachment above and does not change tax revenues.

2018-2019 Budget  

This budget will raise more revenue from property taxes than last year’s budget by an amount of $93,160, which is a 9.7 % percent increase in revenue from last year’s budget. The property tax revenue to be raised from new property added to the tax roll this year is $1,076.

2017-2018 Budget
This budget will raise the same amount of revenue from property taxes as last year’s budget. The property tax revenue to be raised from new property added to the tax roll this year is $5,985.00

2016-2017 Amended Budget
No change in property tax revenue collection

2016-2017 Budget
This budget will raise the same amount of revenue from property taxes as last year’s budget. The property tax revenue to be raised from new property added to the tax roll this year is $2,549.00

2015-2016 Budget
This budget will raise the same amount of revenue from property taxes as last year’s budget. The property tax revenue to be raised from new property added to the tax roll this year is $4,162.71

2014-2015 Budget
This budget will raise the same amount of revenue from property taxes as last year’s budget. The property tax revenue to be raised from new property added to the tax roll this year is $8,401.00.