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This document provides a worksheet for taxing units, other than school districts or water districts, to calculate the no-new-revenue (NNR) tax rate and voter-approval tax rate in compliance with Texas Tax Code. It details the calculation process based on certified appraisal rolls and adjusted taxable values for determining tax rates applicable for the specified year.
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What is form 50-856?
Form 50-856 is a tax form used for reporting specific financial information required by the authorities.
Who is required to file form 50-856?
Individuals or entities that meet certain financial criteria as specified by the governing tax authority are required to file form 50-856.
How to fill out form 50-856?
To fill out form 50-856, follow the instructions provided alongside the form, ensuring all required information is accurately entered and any necessary documentation is attached.
What is the purpose of form 50-856?
The purpose of form 50-856 is to gather specific financial data for tax assessment, compliance, and planning by the relevant authorities.
What information must be reported on form 50-856?
The information that must be reported typically includes income details, deductions, credits, and any other financial information as required by the tax authority.
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