AMARILLO, Texas (KAMR/KCIT) – November 2nd is expected to give Amarillo voters the opportunity to speak out on the City of Amarillo adopted tax rate for 2021. Ahead of the vote, the City of Amarillo released a website it said is intended to help provide information to the community.
“COA wants voters to have convenient and quick access to every bit of information on the adopted tax rate – and how this new rate impacts them as property owners.” said the City of Amarillo in a statement on the election, “COA has created a website so voters have the facts to make an informed decision.”
This follows the city adopting a 2021 tax rate of $0.48404 per $100 of property value. A $100,000 value homeowner in Amarillo will pay $484.04 per year in city property taxes – or $40.34 per month/$1.33 per day.
Texas law states that if a city council adopts a tax rate higher than a voter-approved tax rate, it has to be put onto a ballot for a vote.
“It is vital that Amarillo voters have accurate information for this new tax rate,” said COA Assistant City Manager Laura Storrs. “Voters can find out where their tax dollars go, the services their tax dollars provide, and what their individual city tax bill will be under this new rate. We want to provide voters all the information they need in a simple and convenient format.”
Storrs said the city portion of the tax rate will increase, it is just a matter of how much.
If the election passes, it goes to the adopted rate, but if it fails it will go to a previous voter approval rate, which is just a little over 44 cents.
“The city’s portion of the city rate increase going from our certain year tax rate to our adopted tax for next year would be 22 percent. If nothing else changed on the property tax bill, a taxpayer would see a 3 and a half percent increase on their overall tax bill,” said Storrs.
This tax rate increase will go towards first responders, parks, street repairs, and maintenance.
“So Proposition A this year is to approve a tax rate that has already been adopted by the city council that will provide funding for additional police officers, additional police staff, police and fire equipment, parks funding, and street funding as well,” said Storrs.
Storrs added this tax rate increase is not going towards any other projects.
“It’s not going towards city facilities, we are not putting any funding into the Civic Center or anything like that,” said Storrs.
According to the city, voters can enter the taxable value of their property on the website and see their monthly and yearly tax increase under the new tax rate. However, the city also noted that taxpayers age 65 and older will not have their city tax rate change.