What is the Revenue Neutral Rate?

The revenue neutral rate is the mill levy rate that would generate the exact the same amount of property tax revenue as the year before, using the current tax year's total assessed valuation.

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1. What is Revenue Neutral?
2. What is the Revenue Neutral Rate?
3. Why would the City, or any jurisdiction, want to increase revenue?
4. Will my property taxes increase as much as my appraised value increased?
5. Why are we letting you know about the taxpayer notification form and RNR?
6. What is the City doing to offset the increase in Appraised Property Values?
7. What exactly will be on the taxpayer notification form?
8. Where can I find more information regarding budget and property valuation?
9. What are ad valorem property taxes?