Details for CITY OF LORENA

NOTICE OF PUBLIC HEARING
ON TAX INCREASE
A tax rate of $0.533460 per $100 valuation has been proposed by the governing
body of City of Lorena.
PROPOSED TAX RATE
$0.533460 per $100
NO-NEW-REVENUE TAX RATE
$0.510538 per $100
VOTER-APPROVAL TAX RATE
$0.533467 per $100
The no-new-revenue tax rate is the tax rate for the 2021 tax year that will raise the
same amount of property tax revenue for City of Lorena from the same properties in
both the 2020 tax year and the 2021 tax year.
The voter-approval rate is the highest tax rate that City of Lorena 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 Lorena is proposing to increase property taxes for the 2021 tax year.
A PUBLIC HEARING ON THE PROPOSED TAX RATE WILL BE HELD ON August 31,
2021 AT 6:30 pm AT Lorena City Hall, 107 S Frontage Rd A, Lorena, TX 76655.
The proposed tax rate is not greater than the voter-approval tax rate. As a result,
City of Lorena 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
Lorena City Council of City of Lorena 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
FOR the proposal:

AGAINST the proposal:
PRESENT and not voting:
ABSENT:

Jeff Linnstaedter
Emily McKenzie
Katrina George

Kelly Yarbrough
Shane Phillips

Mayor Tommy Ross

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 Lorena last year to the taxes proposed to be imposed on the average
residence homestead by City of Lorena this year.

Total tax rate (per $100
of value)
Average homestead
taxable value
Tax on average homestead
Total tax levy on all
properties

2020
$0.543604

2021
$0.533460

Change
decrease of $-0.010144,
or -1.87%

$226,204

$247,944

$1,229.65

$1,322.68

$710,614

$743,683

increase of $21,740, or
9.61%
increase of $93.03, or
7.57%
increase of $33,069, or
4.65%

For assistance with tax calculations, please contact the tax assessor for
City of Lorena at 254-757-5130 or property.tax@co.mclennan.tx.us, or visit
www.co.mclennan.tx.us for more information.

107-A S FRONTAGE RD, LORENA, TX 766559660

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