Fillable Form 50-250 - County Report Of Property Value

P r o p e r t y T a x

C o u n t y R e p o r t o f P r o p e r t y V a l u e • 2 0 1 3 S h o r t F o r m

Form 50-250

Instructions

1. Report the Effective Tax Rate, as defined by Tax Code,

fund in which your county participates. (Tax Code, Sec.

Sec. 26.04 (c) (1).

311.013) You should not report more than the amount of

payments into the fund. Please enter the number of tax

2. Report the Rollback Tax Rate, as defined by Tax Code,

increment reinvestment zones in which you partici-

pate within a city in your county, as well as TIFs the

Sec. 26.04 (c) (2).

county has designated.

3. County tax rate for Farm-to-Market/Flood Control

Fund (FM/FC). Report the county tax rate for Farm-to-

9. Tax abatement agreement(s). The owner of property

Market/Flood Control here. Separate the maintenance

to which an agreement was made under the Property

and operations tax rate (M&O) from the interest and

Redevelopment and Tax Abatement Act is entitled to a

sinking fund tax rate (I&S). The sum of the two tax rates

tax exemption by an incorporated city or town or other

should equal the total FM/FC tax rate.

taxing unit on all or part of the value of the property as

provided by the agreement.

4. County tax rate for General Fund. Report the county

tax rate for General Fund here. Separate the mainte-

10. Last year’s actual levy lost to deferred collection of

nance and operations tax rate (M&O) from the interest

taxes on residence homesteads of elderly or dis-

and sinking fund tax rate (I&S). The sum of the two tax

abled persons and/or appreciating residence home-

rates should equal the total general tax rate.

steads. An individual is entitled to defer or abate a suit to

collect a delinquent tax if he or she is 65 or older and he

5. County tax rate for Special Road & Bridge Fund

or she owns and occupies as a residence homestead the

(SR&B). Report the county tax rate for Special Road &

property on which the tax subject to the suit is delinquent

Bridge Fund here. Separate the maintenance and opera-

(Tax Code, Sec. 33.06). An individual may defer or abate

tions tax rate (M&O) from the interest and sinking fund

a lawsuit to collect a delinquent property tax on the por-

tax rate (I&S). The sum of the two tax rates should equal

tion of the residence homestead’s appraised value that

the total SR&B tax rate.

exceeds the market value of any new improvements and

105 percent of the homestead’s appraised value for the

6. Total county tax rate. This item should reflect the total

preceding year. The homeowner must file the application

county tax rate. The sum of the county tax rates for

for deferral with the CAD before taxes actually become

Farm-to-Market/Flood Control Fund, General Fund and

delinquent (Tax Code, Sec. 33.065). Please report the

Special Road & Bridge Fund equals the total county tax

actual amount the taxpayer is deferring as shown on the

rate.

tax statement.

Report the local optional percentage if granted by

11. Total taxable value lost due to the over-65/disabled

the county.

ceiling. Please report the total taxable value lost to the

tax ceiling on homesteads for the elderly/disabled, as

8. Projected tax payments into 2013 tax increment

provided in Tax Code, Sec. 11.261. The amount is the

financing fund(s) (TIF). Please report the total pro-

difference between what would have been paid and what

was actually paid, converted into a value.

jected payments into each 2013 tax increment financing

The person authorized to complete this form should sign it, and include title, phone number

and date signed. Please return the form to the address shown on the other side.

If you need help completing this form, call Data Security and Analysis at 1-800-252-9121,

select “2” to access the menu, then select “2” again. We will be happy to assist you.

For more information, visit our website:

50-250 • 05-13/23 • Page 2

Form 50-250 - County Report Of Property Value - 2013 Page 2

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