Bulverde/Spring Branch Economic Development Foundation

THE BULVERDE/SPRING BRANCH AREA HAS SOME OF THE LOWEST TAX RATES IN THE COUNTRY!

STATE TAXES


Texas has one of the lowest tax burdens in the country with no corporate income tax, no personal income tax, no payroll tax, and no unitary tax.  This limited taxation ranks Texas as a Top 10 Best State in the Tax Foundation's 2013 State Business Tax Climate Index. And, Texas has been named the best state for businesses and leads the nation in new jobs.


Texas businesses pay franchise tax, unemployment insurance tax, ad valorem (property) tax, and sales and use tax.  Click here for an overview of the Texas Tax System.  



Margins Franchise Tax


The Texas franchise tax is a privilege tax imposed on each taxable entity chartered/organized in Texas or doing business in Texas. 


In 2006 the Texas Legislature enacted sweeping changes to the longstanding Texas franchise tax and replaced it with the current margins tax.  The reformed margins tax lowered the primary franchise tax rate for most businesses from 4.5 percent to 1 percent on gross receipts less compensation or cost of goods sold. Retailers and wholesalers have a rate of 0.5 percent and there is an E-Z rate of 0.575 percent for qualifying entities with $10 million or less in Total Revenue, annualized per 12- month period on which the tax is based. Sole proprietorships and general partnerships are exempt, as are businesses with revenue under $1,000,000. Businesses whose total tax liability is $1,000 or less are also exempt. 

 

The objective of the reformed tax is to offer incentives for making good business choices. For instance, a business’s tax liability decreases each time it puts a Texan to work, pays for health insurance or invests in a pension plan. However, the tax equally penalizes bad business practices, such as hiring illegal immigrants.  


Franchise tax exemptions, and franchise tax deductions are available for renewable energy (i.e. solar, wind, ethanol, and biodiesel) equipment and systems. A franchise tax exemption is extended to manufacturers, sellers, or installers of solar energy devices. The state also permits a corporate deduction from the state's franchise tax for renewable energy sources. Business owners can deduct the total cost of the system from the company's taxable capital or take 10 percent of the system's cost off the company's income.



Unemployment Tax


All Texas employers pay state unemployment tax. A new employer is taxed at 2.7% of the first $9,000 on individual earnings for at least six quarters to establish an experience rate. After that time, the employer may qualify for a rate adjustment.



Property Tax


Texas has no property tax at the state level. Local governments and special taxing districts levy taxes on real and tangible personal property. All property is appraised at full market value and is assessed on 100% of appraised value. The total tax rate is the sum of all taxing units including cities, counties, schools and special districts. 


The Bulverde/Spring Branch Area spans three zip codes 78070, 78163 & 78260. Properties located within the 78070 and 78163 zip code areas are located within Comal County and a portion of the properties located within the 78163 zip code area fall within the city limits of the City of Bulverde.  Properties located in the 78260 area fall within the unincorporated area of Bexar County. 







Taxing Entity

2014 Tax Rate (per $100 valuation)

Bexar County

0.283821

Comal ISD

1.390000

Bexar Co Rd & Flood

0.030679

SA River Authority

0.017500

Alamo Comm. College

0.149150

Univ. Health System

0.276235

Bexar Co Emerg Dist #3

0.051408

Contact us at: info@bsbedf.com or (830) 885-4331

www.bsbedf.com

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Sales & Use Tax Rates

Jurisdiction Name

Sales Tax Rate

State of Texas

6.25%

Comal County

0.50%

City of Bulverde

1.00%

Bulverde Area Library Dist.

0.50%

Total

8.25%

Zip Code 78163
(Within Bulverde City Limits)

Jurisdiction Name

Sales Tax Rate

State of Texas

6.25%

Comal County

0.50%

Comal Co. ESD #5

1.00%

Bulverde Area Library Dist.

0.50%

Total

8.25%

Zip Code 78163
(Outside Bulverde City Limits)

Jurisdiction Name

2012 Sales Tax Rate

State of Texas

6.25%

Comal County

0.50%

Comal Co. ESD #4 or #5*

1.00%

Bulverde Area Library Dist.

0.50%

Total

8.25%

Zip Code 78070

(Spring Branch Area)

*Click here for map of ESDs boundaries.


Jurisdiction Name

2012 Sales Tax Rate

State of Texas

6.25%

San Antonio MTA

0.50%

Total

6.75%

Zip Code 78260

(Lookout Canyon/Timerwood Park Area)

State Sales and Use Tax is imposed on all retail sales, leases and rentals of most goods, as well as taxable services.  In addition, Texas cities, counties, transit authorities and special purpose districts have the option of imposing an additional local sales tax for a combined total of state and local taxes of 8 1/4% (.0825).  Below is a listing of the sales and use taxes imposed on various areas within the Bulverde/Spring Branch Area:

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Taxing Entity

2014 Tax Rate

(per $100 valuation)

City of Bulverde

0.135700

Comal County

0.292821

Comal ISD

1.390000

Comal Co ESD #1 (EMS)

0.085100

Comal Co ESD #4 (FIRE)

0.060000

Comal Co ESD #5 (FIRE)

0.100000

Lateral Road

0.050100

Johnson Ranch MUD

0.850000

Comal County Tax Rates

Comal County Tax Rates 
(78163 & 78070 Zip Code Area)

*Not all taxes would apply. Depends on location of business or home
**All Property is Assessed @ 100% Valuation

*Not all taxes would apply. Depends on location of business or home
**All Property is Assessed @ 100% Valuation

Bexar County Area Tax Rates
(78260 Zip Code Area)

The City of Bulverde has established a local hotel occupancy tax within its City Limits and its Extraterritorial Jurisdictional (see City of Bulverde Code of Ordinances Chapter 11, Article 11.04, Hotel Occupancy Tax) in accordance with Section 351.0025 of the Texas Tax Code. Revenue from this tax will be used to promote tourism and the convention and hotel industry. Portions of the fund to be dedicated to support convention and tourism centers, promotional and tourist advertising of the City, promotion of the arts, historical preservation and program support for events and activities that attract tourists to the City of Bulverde. The City's Hotel Occupancy Tax rate is 7%. The State's Hotel Occupancy Tax rate is 6%.

Hotel Occupancy Tax Rates

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Water Oriented Recreation District of Comal County (W.O.R.D.) is a park and recreation district created by the Texas Legislature in 1987 and voted for by the residents of Comal County in 1988. The purpose of W.O.R.D. is to improve the environment and welfare of the district by conserving natural resources, improving public health, promoting water safety, and operating public parks located in the district.

The W.O.R.D. district encompasses Canyon Lake and over 30 miles of floatable water on the Guadalupe River above and below Canyon Lake. It exists within Comal County north of highway 46 to the west beginning at Guadalupe River State Park and runs east to the New Braunfels city limits. Click here for a map of the WORD District.

W.O.R.D. imposes and collect taxes in the form of user fees pursuant to §324.099 Local Government Code.  Click here for information on the Policies, Rules, Regulations and Procedures for Permit Holders of the Comal County Water Oriented Recreation District to include User Fees associated with rentals, services or lodging.  

Water Oriented Recreation District of Comal County (W.O.R.D.) User Fees