HomeMy WebLinkAboutCity Council Resolutions (R-03-2157)-05/20/2003
RESOLUTION R-03-2157
A RESOLUTION OPPOSING H.B. 3223, WHICH CAPS THE ANNUAL INCREASE IN
APPRAISAL OF ALL REAL PROPERTY AT FIVE PERCENT
WHEREAS, the Texas House recently passed H.B. 3223 which caps the annual increase
in the appraisal of all real property at five percent for cities and county
entities only; and
WHEREAS, this bill would create confusion as school district's appraised values are
excluded from this legislation and taxpayers would have different values for
different taxing entities; and
WHEREAS, in times of shrinking revenues, the provision of the five percent cap on aU real
property rather than the ten percent cap on residential homesteads will
cause financial hardships for many Texas cities.
NOW THEREFORE BE IT RESOLVED BY THE CITY COUNCIL OF THE CITY OF
COLLEYVILLE, TEXAS,
Sec. 1.
THAT the City opposes passage of H.B. 3223.
AND SO IT IS RESOLVED.
PASSED BY A VOTE OF AYES, NAYS, AND
ABSTENTIONS ON THIS DAY OF 2003.
DENIED BY CITY COUNCIL MAY 20, 2003.
ATTEST:
CITY OF COLLEYVILLE
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Cynthia Singleton, TRMC
City Secretary
Donna Arp
Mayor