HomeMy WebLinkAboutItem 04 - Certified Tax Rolls ITEM
MEMO TO: HONORABLE MAYOR AND MEMBERS OF THE CITY COUNCIL
FROM: BRUNO RUMBELOW, CITY MANAGER IA)Z
MEETING DATE: AUGUST 18, 2009
SUBJECT: RESOLUTION TO ACCEPT THE CERTIFIED TAX ROLLS
RECOMMENDATION:
Staff recommends that the City Council approve a resolution to accept the Certified Tax
Rolls having a total appraised value of$7,001,394,253 less exemptions of$1,171,790,164
for a net taxable value of$5,829,604,089.
BACKGROUND INFORMATION:
This resolution is provided pursuant to Section 26.04 of the Texas Property Tax Code
which requires the assessor for a taxing unit to submit the total appraised value, the total
assessed value and the total taxable value of the property within the unit's boundaries to
the unit's governing body by August 1st or as soon thereafter as is practicable.
Colette Franklin, Tax Assessor, has submitted this information to the City and has also
certified that the estimated tax collection rate for the tax year 2009 is 100%. As prescribed
by law, the appraised value from the certified rolls is $7,001,394,253 less$1,171,790,164
in exemptions, producing a net taxable value of $5,829,604,089. The new construction
value included in the net taxable value amount is $114,198,397.
The City Council designates Colette Franklin (RTA, CSTA) as the official person to
calculate and publish the effective tax rate calculation for the City of Grapevine, Texas for
tax year 2009, FYE 9/30/10.
Staff recommends approval of the resolution accepting the certified tax rolls.
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Independent School- District
July 27, 2009
Tax Office
I, Colette Franklin, Tax Assessor-Collector for the City of Grapevine submit
3072 Mustang Drive to the City Council the 2009 Appraisal Roll as sworn to by Jeff Law, Chief
Grapevine,TX 76051 Appraiser of Tarrant County Appraisal District, Kenneth Nolan, Chief
Appraiser of Dallas County Appraisal District and Joe Rogers, Chief
Appraiser of Denton Central Appraisal District. Attached, herewith, are the
appraisal roll valuation summary sheets with hard copies of the appraisal roll
817/251-5633 available for inspection at 3072 Mustang Drive, Grapevine, Texas 76051.
METRO 817/481-1242
FAX 817/421-9400 Total Appraised and Assessed Value $7,001,394,253
Less Agricultural Deferral and Exemptions - 1,171,790,164
Net Taxable $5,829,604,089
New Construction $ 114,198,397
(Included in net taxable)
I certify an anticipated collection rate of 100% for the tax year 2009. This
total percentage includes current taxes, delinquent taxes, rollback taxes,
penalties and interest.
Witness my hand this 27th day of July 2009.
Colette Franklin,RTA, CSTA
Tax Assessor-Collector
wprn and sub .cribed to me this 27th day of July 2009.
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Notary Public Signature County State
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July 25 2009 Certified Roll-Grapevine
A44' TARRANT APPRAISAL DISTRICT JEFF LAW
CHIEF APPRAISER
CITY OF GRAPEVINE
I , JEFF LAW, CHIEF APPRAISER FOR TARRANT COUNTY, SOLEMNLY
SWEAR THAT THE ATTACHED IS THAT PORTION OF THE APPRAISAL ROLL OF THE
TARRANT APPRAISAL DISTRICT WHICH LISTS PROPERTY TAXABLE BY THE ABOVE
NAMED ENTITY AND CONSTITUTES THEIR APPRAISAL ROLL .
2009 APPRAISAL ROLL INFORMATION
VALUATION SUMMARY
* MARKET VALUE >>>>>>>>>>>>>>>>>>>>>.>>>>>>>>>>>> $6, 802, 265, 020
- DEFERRED SPECIAL USE VALUE LOSS:
AGRICULTURAL $61 , 212,221
- PARTIAL EXEMPTION VALUE LOSS:
DISABLED VETERAN $1 , 193, 850
OVER-65 $79, 144, 602
HOMESTEAD $411 , 010 ,041
DISABLED PERSON $947,200
FREEPORT INVENTORY $533 ,852 ,061
SOLAR/WIND POWER $9,774
POLLUTION CONTROL $15, 152
FOREIGN TRADEZONE $36 , 344, 157
- PP NOMINAL VALUE LOSS: $280
* CERTIFIED NET TAXABLE VALUE >>>>>>>>)>>>>>>>>> $5,678, 535,682
* ESTIMATED TOTAL NET TAXABLE VALUE INCLUDING SUGGESTED
VALUES TO BE USED FOR PENDING ARB ACCOUNTS AND
INCOMPLETE ACCOUNTS >>>>>>>>>>>>>>>>>>>>>>>>>> $6, 194,979, 807
JEFF(5PPR }
25 JU L 2009
CHIEF S R
* MARKET AND NET TAXABLE VALUES FOR PENDING ARB ACCOUNTS OR
INCOMPLETE ACCOUNTS ARE ON_ PAGES 2 AND 3 .
Page of
2600 Handley-Ederville Road Fort Worth,Texas 76118 (817}284-0024 hkG2518,FSL
CERTIFICATION OF APPRAISAL ROLL .�
Year: 2009
Jurisdiction: CITY OF GRAPEVINE
In accordance with the requirements of the Texas Property Tax Code, Chapter 26, Section 26.01,
paragraphs (A) and (B), the following values are hereby certified:
Market Value of all Real & Bus Pers Prop $197 985 740
Before Qualified Exemptions*
Taxable Value of all Real & Bus Pers Prop $151, 066, 224
After Qualified Exemptions
In accordance with the requirements of the Texas Property Tax Code, Chapter 26, Section 26.01,
paragraph (C), the following values are hereby certified as disputed values and are not included
in the above totals:
Market Value Taxable Value
Values under protest as
determined by the Appraisal $2, 177, 880 $2, 177, 880
District**
Market Value Taxable Value
Values under protest as
claimed by property owner $2, 177, 880 $2, 177, 880
or estimated by Appraisal
District in event property
owner's claim is upheld
Freeport Estimated loss $1, 804, 932
Estimated net taxable $372, 948
I, W. Kenneth Nolan, Executive Director/Chief Appraiser of the Dallas Central Appraisal District,
do hereby certify the aforementioned values and totals to the taxing jurisdiction indicated
above, in accordance with the requirements of the laws of the State of Texas on this 22nd day
of July, 2009.
Dallas Central Appraisal District
e
W. Kenneth Nolan
Executive Director/Chief Appraiser
*Total Value of New Construction in Certified Market Value above $677, 390
*Value of Disputed New Construction in Protested Market Value above $0
2949 N. Stemmons Freeway, Dallas, Texas 75247-6195 (214) 631-0520
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DENTON County 2009 CERTIFIED TOTALS As of Certification
C39-CITY OF GRAPEVINE
Property Count:3 ARB Approved Totals 7/18/2009 11:14:47AM
Land Value
Homesite: 0
Non Homesite: 1,143,493
Ag Market 0
Timber Market:
0 Total Land (+) 1,143,493
I Improvement Value I
Homesite: 0
Non Homesite: 0 Total Improvements (+) 0
I Non Real Count Value I
Personal Property: 0 0
Mineral Property: 0 0
Autos: 0 0 Total Non Real (+) 0
Market Value = 1,143,493
I Ag; Non Exempt Exempt
Total Productivity Market: 0 0
Ag Use: 0 0 Productivity Loss (-) 0
Timber Use: 0 0 Appraised Value = 1,143,493
Productivity Loss: 0 0
Homestead Cap (-) 0
Assessed Value = 1,143,493
I Exemption Count Local • State Total I
EX 2 0 1,141,310 1,141,310 Total Exemptions (-) 1,141,310
Net Taxable = 2,183
APPROXIMATE TOTAL LEVY=NET TAXABLE*(TAX RATE/100)
7.64=2,183'(0.350000/100)
Tax Increment Finance Value: 0
Tax Increment Finance Levy: 0.00
C39/652994 • Page 363 of 999 True Automation,Inc.
17P°4 L`L"
RESOLUTION NO.
A RESOLUTION OF THE CITY COUNCIL OF THE CITY OF
GRAPEVINE, TEXAS APPROVING THE TAX ROLLS FOR
2009 ON PROPERTY WITHIN THE CITY; AND PROVIDING
AN EFFECTIVE DATE
WHEREAS, on July 25, 2009,the Chief Appraisers of the Tarrant, Dallas and
Denton Appraisal Districts approved and certified to the Grapevine City Council the
Tax Rolls for 2009 with a total appraised value $7,001,394,253 and having a net
taxable value of$5,829,604,089.
NOW, THEREFORE, BE IT RESOLVED BY THE CITY COUNCIL OF THE
CITY OF GRAPEVINE, TEXAS:
Section 1. That all matters stated in the preamble are true and correct and
are incorporated herein as if copied in their entirety.
Section 2. That the certified Tax Rolls value for the year 2009 for the City of
Grapevine, Texas be and hereby approved in the amount of $7,001,394,253 for
total appraised value.
Section 3. That the certified net taxable value (total appraised value less
exemptions) of$5,829,604,089 is approved.
Section 4. That in addition to the value shown in Section 3 above, the Chief
Appraisers have prepared a list of all properties pending disposition before the
Appraisal Review Board. A projected minimum value of $234,477,896 has been
assigned to this property and $281,966,229 in properties not on the rolls.
Section 5. That this resolution shall take effect from and after the date of its
passage.
PASSED AND APPROVED BY THE CITY COUNCIL OF THE CITY OF
GRAPEVINE, TEXAS on this the 18th day of August, 2009.
APPROVED:
ATTEST:
APPROVED AS TO FORM:
RES. NO. 2