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2023 Water District VoterApproval Tax Reform 50858Worksheet for Low Tax Rate and Developing Districts New Canal MUD Hendricks Defined Area281.399.9810 Phone (area code and number)Water District Name
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Obtain the 2023 no-new-revenue and voter-approval form from the designated government office or website.
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Any entity or organization seeking additional revenue for projects or operations in the year 2023 would need to fill out the 2023 no-new-revenue and voter-approval form.
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This form is essential for those required to seek voter approval for any new taxes or revenue sources in the upcoming year.
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No-new-revenue and voter-approval tax is a type of tax that requires voter approval and does not result in increased revenue for the government entity. It typically involves a tax rate decrease or maintenance.
Government entities such as school districts, municipalities, and counties are required to file no-new-revenue and voter-approval tax when seeking voter approval for certain tax-related matters.
To fill out no-new-revenue and voter-approval tax, the government entity must provide detailed information about the tax proposal, revenue estimates, and other related financial details. The process may vary based on the specific requirements of the jurisdiction.
The purpose of no-new-revenue and voter-approval tax is to ensure transparency and accountability in the tax-related decisions made by government entities. It allows the voters to have a say in matters that may impact their taxes.
Government entities must report information such as the proposed tax rate, estimated revenue, any changes from previous tax rates, and the purpose of the tax revenue. Additionally, details about public hearings and voter approval status may also need to be reported.
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