Notice About 2020 Tax Rates
This notice concerns the 2020 property tax rates for North Runnels Hospital. It provides information about two key tax rates:
No-New-Revenue Tax Rate: $0.353629 per $100 of property value
Voter-Approval Tax Rate: $0.383285 per $100 of property value
These rates ensure the hospital district can continue operating without additional financial burdens on taxpayers. The no-new-revenue tax rate maintains the same tax amount as the previous year, while the voter-approval tax rate is the maximum rate allowed without requiring an election.