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News Release from Comptroller Susan Combs

For Immediate Release
July 22, 2009

Seminars Clarify Local Tax Process

(AUSTIN) — To help cities, counties, school districts and other local taxing units successfully navigate the process of setting 2009 property tax rates, Texas Comptroller Susan Combs’ Property Tax Assistance Division is hosting a statewide series of truth-in-taxation seminars this summer.

“Our seminars offer step-by-step guidance on how to calculate the effective and rollback tax rates, what to publish and when to hold a tax rollback election,” Combs said.  “Our property tax experts will also discuss how recent changes in the law affect the process of adopting property tax rates for 2009.”

Each truth-in-taxation seminar will consist of two separate presentations.  The morning session, from 9 a.m. – noon, will focus exclusively on setting tax rates for taxing units other than school districts.  The afternoon session, from 1 – 4 p.m., will cover the process of setting school tax rates.

To locate a truth-in-taxation seminar in your area, check the complete schedule at www.window.state.tx.us/taxinfo/proptax/tnt09seminar.html.

The seminars are free, but pre-registration is required to guarantee receiving a copy of the Comptroller’s Truth-in-Taxation publication and the presentation slides. Use the registration form at www.window.state.tx.us/taxinfo/proptax/tnt09registration.pdf.

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