Frequently Asked Questions(cont.)
What is the City’s sales tax rate?
The total tax rate for goods purchased in Haltom City is 8.25%. The distribution of the tax is illustrated in the table below.
State of Texas |
6.25% |
|---|---|
City of Haltom City: |
|
General Fund |
1.00% |
Street Maintenance |
0.25% |
Economic Development Corp. |
0.50% |
Crime Control & Prevention District |
0.25% |
Total |
8.25% |
How do I get a sales tax identification number for a new business?
Contact the State Comptroller’s Office at 1-800-252-5555 or visit www.window.state.tx.us.
What is the City of Haltom City's total budget?
The City Council authorized a total budget of $65,396,042 in FY 2006-07.
What is the City of Haltom City’s total General Fund Budget?
The General Fund budget for FY 2006-07 is $17,680,429.
What is the total bonded debt for the City of Haltom City?
As of September 30, 2006, the City had total bonded debt of $51,900,000. Of this amount, $29,290,000 comprises debt backed by the full faith and credit of the government and $22,610,000 represents bonds secured solely by enterprise fund revenues.