Public Notices

NOTICE OF PUBLIC HEARING

ON TAX INCREASE

A tax rate of $0.465000 per $100 valuation has been proposed by the governing body of City of Murphy.

 The no-new-revenue tax rate is the tax rate for the 2022 tax year that will raise the same amount of property tax revenue for City of Murphy from 
the same properties in both the 2021 tax year and the 2022 tax year.

The voter-approval rate is the highest tax rate that City of Murphy may adopt without holding an election to seek voter approval of the rate.

The proposed tax rate is greater than the no-new-revenue tax rate. This means that City of Murphy is proposing to increase property taxes for
 the 2022 tax year.

A PUBLIC HEARING ON THE PROPOSED TAX RATE WILL BE HELD ON September 6, 2022 AT 6:00 PM AT Murphy City Hall Council Chambers,
 206 N. Murphy Rd., Murphy, TX 75094.

The proposed tax rate is not greater than the voter-approval tax rate. As a result, City of Murphy is not required to hold an election at which
voters may accept or reject the proposed tax rate. However, you may express your support for or opposition to the proposed tax rate by 
contacting the members of the Governing Body of City of Murphy at their offices or by attending the public hearing mentioned above.

YOUR TAXES OWED UNDER ANY OF THE RATES MENTIONED ABOVE CAN BE CALCULATED AS FOLLOWS:

Property tax amount= (tax rate) x (taxable value of your property)/100

Visit Texas.gov/PropertyTaxes to find a link to your local property tax database on which you can easily access information regarding 
your property taxes, including information about proposed tax rates and scheduled public hearings of each entity that taxes your property.

The 86th Texas Legislature modified the manner in which the voter-approval tax rate is calculated to limit the rate of growth of property
 taxes in the state.

The following table compares the taxes imposed on the average residence homestead by City of Murphy last year to the taxes proposed to
 be imposed on the average residence homestead by City of Murphy this year.

For assistance with tax calculations, please contact the tax assessor for City of Murphy at 972-547-5020 
or taxassessor@collincountytx.gov, or visit www.murphytx.org for more information.

NOTICE OF PUBLIC HEARING

CITY OF MURPHY

PROPOSED BUDGET FISCAL YEAR 2022-2023

The City of Murphy will conduct a Public Hearing on the Fiscal Year 2022-2023 (FY23) Budget on Tuesday, 
September 6, 2022, at 6:00 p.m. at the Murphy Municipal Complex, City Council Chambers, 206 North 
Murphy Road, Murphy, Texas 75094.

This budget will raise more total property taxes than last year’s budget by
$720,730 or 5.33%, and of that amount, $52,948 is tax revenue to be raised 
from new property added to the tax roll this year.  

You have a right to attend the Public Hearing and make comments in person, via phone, or via video conferencing
 technology pursuant to section 551.127 of the Texas Government Code. Please review the agenda posting for the
 September 6, 2022, City Council meeting for information regarding how to attend the meeting via phone and/or 
video conferencing technology.
 

A copy of the FY23 Budget is on file with the City Secretary’s Office located at 206 North Murphy Road, 
Murphy, Texas 75094. It is also available on the City’s  website.

Dated this 18th day of August, 2022.

Karen L. Montgomery

Finance Director

City of Murphy, Texas

Tax Code Section 26.18 compliance