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Pampa staff recommend staying at voter-approval tax rate; certified values and senior freeze discussed
Summary
City staff walked commissioners through truth-in-taxation mechanics, reported certified values and proposed a tax rate at or below the voter-approval rate. The presentation covered no-new-revenue and de minimis thresholds, the senior freeze and tax increment financing downtown.
PAMPA, Texas — City staff led a detailed discussion on Aug. 11 of Pampa’s property tax calculations and the Truth in Taxation process, recommending the commission propose a tax rate at or below the voter-approval rate.
The presentation, led by Theresa (identified in the meeting as the staff lead on tax rates), explained why the city sets a proposed tax rate after preparing a budget and outlined the statutory steps for comparing certified property values year to year.
Why it matters: The tax rate the commission sets determines city revenue for core services, debt service and the library, and interacts with state rules and local exemptions that affect homeowners.
Theresa told the commission that certified net taxable values were reported to the city (the staff presentation listed…
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