As part of the requirements of preparing for and approving the budget for the next fiscal year, you may find the tax rate information below:
No new revenue tax rate $0.366382/$100
Voter approved tax rate $0.329731/$100
De minimus tax rate $0.508118/$100
The City Council will hold a public hearing on the Tax Rate and Budget at a Special Called meeting on September 10, 2024 and the city council will also adopt the Tax Rate.
City of New Fairview, Texas
Notice of a Public Hearing before the City Council
The City of New Fairview has scheduled a public hearing on the Fiscal Year 2024-2025 Budget on Tuesday, September 10, 2024, at 7:00 p.m., at New Fairview City Hall, 999 Illinois Lane, New Fairview, TX 76078.
This budget will raise more less revenue from property taxes than last year’s budget by $21,666.62 which is a 2.53% decrease from last year’s budget. The property tax revenue to be raised from new property added to the tax rolls this year is $86,099.
Members of the public are encouraged to attend and express their views. The Fiscal Year 2024-2025 Proposed Budget can be found on the City of New Fairview website at www.newfairview.org.