Statement required per Texas Property Tax Code Sec. 26.05(b):
For fiscal year 2021-22, the City of Lavon ADOPTED A TAX RATE THAT WILL RAISE MORE TAXES FOR MAINTENANCE AND OPERATIONS THAN LAST YEAR’S TAX RATE. THE TAX RATE WILL EFFECTIVELY BE RAISED BY 3.24 PERCENT AND WILL RAISE TAXES FOR MAINTENANCE AND OPERATIONS ON A $100,000 HOME BY APPROXIMATELY $-25.68.
Stated in other words, taxes for maintenance and operations on a $100,000 home will DECREASE by $25.68.