HomeMy WebLinkAboutCity Council Resolutions (R-24-4963)-08/20/2024RESOLUTION R-24-4963
A RESOLUTION OF THE CITY OF COLLEYVILLE, TEXAS PASSED
PURSUANT TO SECTION 26.04 AND 26.05, OF THE PROPERTY TAX
CODE OF THE STATE OF TEXAS, APPROVING A PROPOSAL OF THE
INTENT TO SET PROPERTY TAX RATES AT $0.276204 PER ONE
HUNDRED DOLLARS VALUATION FOR FISCAL YEAR 2025; AND
PROVIDING FOR AN EFFECTIVE DATE
WHEREAS, the designated Taxing Unit Representative for the City of
Colleyville, Texas (the "City"), has calculated the amount of
the no -new -revenue tax rate and the voter -approval tax rate
pursuant to Section 26.04(c) of the Property Tax Code of the
State of Texas (the "Property Tax Code"); and
WHEREAS, pursuant to Section 26.04(e) of the Property Tax Code, the
said tax rates have been submitted to the City Council; and
WHEREAS, pursuant to Section 26.05(a) of the Property Tax Code, a
taxing unit other than a water district must adopt a tax rate
before the later of September 30th or the 60th day after the
date of the certified appraisal roll is received by the taxing unit;
and
WHEREAS, it appears necessary to adopt a tax rate of $0.276204 per one
hundred dollars of valuation.
NOW, THEREFORE, BE IT RESOLVED BY THE CITY COUNCIL OF THE
CITY OF COLLEYVILLE, TEXAS:
Sec. 1. THAT the City Council does, by the approval of this resolution,
state its intention to adopt a tax rate for Fiscal Year 2025 of
$0.276204 per one hundred dollars of valuation. The Fiscal
Year 2025 tax rate will be adopted at the City Council meeting
to be held on September 17, 2024, following a public hearing
scheduled for September 4, 2024, at 7 p.m.
Sec. 2. THAT the 2024 tax roll as certified on July 25, 2024, by the
Chief Appraiser of Tarrant Appraisal District is adopted and is
the basis for the Fiscal Year 2025 proposed tax rate.
Sec. 3. THAT this resolution shall take effect from and after the date
of its passage.
Resolution R-24-4963
Page 2 of 2
AND IT IS SO RESOLVED.
APPROVED BY A VOTE OF 7 AYES, 0 NAYS ON THIS THE 20TH DAY OF
AUGUST 2024.
Mayor Bobby Lindamood Aye Mark Alphonso, Place 2 Aye
Mayor Pro Tern Brandi Elder Aye Ben Graves, Place 4 Aye
Deputy Mayor Pro Tern Scotty Richardson Aye Tim Raine, Place 6 Aye
Kimberly Holt Gunderson, Place 5 Aye
ATTEST:
C , '
Christine Loven
City Secretary, TRMC
CITY OF COLLEYVILLE
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Bobby Lindamood
Mayor