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Form 50212Notice About ___ Tax Rates 2024(current year)Property Tax Rates inCity of Rusk ___This notice concerns the(taxing units name)2024 ___ (current year)City of Rusk ___ .property tax rates for(taxing

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What is notice of tax rates?

A notice of tax rates is a document that informs taxpayers of the property tax rates set by local governments, which are used to calculate the amount of property taxes owed.

Who is required to file notice of tax rates?

Local taxing authorities, such as cities, counties, or school districts, are required to file the notice of tax rates.

How to fill out notice of tax rates?

To fill out a notice of tax rates, taxing authorities must provide information on the proposed tax rates, the previous year's rates, and the estimated revenue expected from property taxes for the current year.

What is the purpose of notice of tax rates?

The purpose of the notice of tax rates is to transparently inform the public about how property tax rates may change and to provide details on how those rates will fund local services.

What information must be reported on notice of tax rates?

Information that must be reported includes the proposed tax rate, the previous year's tax rate, the amount of revenue expected, and any exemptions or reductions applicable.

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