Located in the heart of Central Texas, The City of Nolanville is a growing,
vibrant community that maintains a small town atmosphere.
We strive to live up to our motto of "A Great Place to Live".
Annual Budget Fiscal Year 2023-2024
City Council filed the FY 23-24 Annual Budget with the City Secretary on June 15, 2023.
Public Hearing for Budget & Tax Rate, Adopt Budget and Proposed Tax Rate is September 7, 2023 at 6 PM
City Council Vote to Ratify Tax Rate is September 21, 2023 at 6 PM
Meeting location is Nolanville City Hall, 101 North 5th Street, Nolanville Texas 76559
FY 23-24 Calculated Rates
No New Revenue Total Tax Rate: .3815
Voter Approval Total Tax Rate: .3990
Di minimis Total Tax Rate: .4979
No New Revenue M&O Rate: .3043
Voter Approval M&O Rate: . 3149
Interest & Sinking Rate: .0841
Maintenance & Operations (M&O) Tax Rate is the tax rate that is needed to raise the same amount of taxes that the taxing unit levied in the prior year plus the applicable percentage by law. The rate accounts for such things as salaries, utilities and day-to-day operations.
Interest & Sinking (I&S) pays debt service for Capital Improvements.
This budget will raise more revenue
from property taxes than last year's budget by an amount of $606,687,
which is a 30.5%
percent increase from last year's budget. The property tax revenue to be
raised from new property added to the tax roll this year is $177,375.
Click Here to view required Notice on Property Tax Rate.
Notice of Calculated Tax Rates
Original Filed Budget FY 23-24
Budget and Tax Rate Briefing presented 9.7.2023
Revised Budget Approved and Proposed Tax Rate 9.7.2024
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