Notice of 2017 Tax Year Proposed Property Tax Rate
NOTICE OF 2017 TAX YEAR PROPOSED
PROPERTY TAX RATE FOR CITY OF ODESSA
A tax rate of $0.493248 per $100 valuation has been proposed for adoption by the governing body of
City of Odessa. This rate exceeds the lower of the effective or rollback tax rate, and state law requires
that two public hearings be held by the governing body before adopting the proposed tax rate.
The governing body of City of Odessa proposes to use revenue attributable to the tax rate increase
for the purpose of meeting the Fiscal Year 2018 budget.
PROPOSED TAX RATE $0.493248 per $100
PRECEDING YEAR'S TAX RATE $0.470590 per $100
EFFECTIVE TAX RATE $0.467729 per $100
ROLLBACK TAX RATE $0.498188 per $100
The effective tax rate is the total tax rate needed to raise the same amount of property tax revenue for
City of Odessa from the same properties in both the 2016 tax year and the 2017 tax year.
The rollback tax rate is the highest tax rate that City of Odessa may adopt before voters are entitled
to petition for an election to limit the rate that may be approved to the rollback rate.
YOUR TAXES OWED UNDER ANY OF THE ABOVE RATES CAN BE CALCULATED AS
Property tax amount= (rate) x (taxable value of your property)/100
For assistance or detailed information about tax calculations, please contact:
Ector County Appraisal District
1301 E. 8th Street, Odessa, TX 79761
You are urged to attend and express your views at the following public hearings on the proposed tax
First Hearing: August 22, 2017 at 6:00 PM at Odessa College, Gregory D. Williams Hall Lecture Hall,
Room 128, 201 W. University
Second Hearing: September 12, 2017 at 6:00 PM at Odessa City Hall, 411 W. 8th Street, Odessa, TX
*Location pending. Location will be posted at a later date.