3. VALUATIONSVALUATIONS
New and Existing Property Values â City of College
Station
2018 Value
Existing Value $ 502,641,879
New Value $ 408,568,903
Total Increase $ 911,210,782
4. AD VALOREM TAX RATEAD VALOREM TAX RATE
 FY17 Change FY18
Â
Debt Service Fund 19.5339 2.5000 22.0339
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General Fund 27.7161 0.0000 27.7161
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 TOTAL TAX RATE 47.2500 2.5000 49.7500
Council voted to hold public hearings on tax rate of 49.7500 cents
 FY18
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Effective Tax Rate 44.4262
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Rollback Tax Rate 51.7358
5. AD VALOREM TAX RATEAD VALOREM TAX RATE
 Home Value:
$200,000 Tax Rate
Annual City
Taxes
Annual
Increase
Monthly
Increase
Â
Effective Tax Rate 44.4262 $888.52 $0.00 $0.00
Â
Current Tax Rate 47.2500 $945.00 $56.48 $4.70
Proposed Tax Rate 49.7500 $995.00 $50.00 $4.17
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 Overall Increase $106.48 $8.87
8. TAX RATE ADOPTIONTAX RATE ADOPTION
CALENDARCALENDAR
ïWednesday, August 30Wednesday, August 30thth
âą Hold 1st Public Hearing on Tax RateHold 1st Public Hearing on Tax Rate
ïMonday, September 11Monday, September 11thth
âą Hold 2nd Public Hearing on Tax RateHold 2nd Public Hearing on Tax Rate
ïMonday, September 25Monday, September 25thth
âą Adoption of Tax RateAdoption of Tax Rate
ï Hold Public Hearing
ï Announce date, time and place of vote on tax rate
âą Monday, September 25th
âą 7:00 PM, City Hall Council Chambers
REQUIRED ACTIONSREQUIRED ACTIONS