What is the breakdown between maintenance and operations and debt service?

There are two parts to the tax rate: the maintenance and operations (M&O) rate that goes to the day-to-day operations of the city and the interest and sinking (I&S) rate that goes to the city's debt service. 

M&O Rate: $0.313583

I&S Rate: $0.175806

Total Tax Rate: $0.48938


Show All Answers

1. What is the city's property tax rate?
2. Who authorizes the city’s property tax rate?
3. How is city property tax revenue spent?
4. What is the breakdown between maintenance and operations and debt service?
5. How much does the average NRH homeowner pay in city property tax?
6. How will my tax bill compare to last year?
7. Why do some other nearby cities have a lower property tax rate?
8. What are the homestead and senior exemptions?
9. What would be the result if NRH's property tax rate were further reduced?
10. Why does my property value increase every year?
11. Can I protest my property value?
12. How do my City property taxes compare to other taxes I pay?
13. How is the senior / disabled tax ceiling applied?