HomeMy WebLinkAboutItem 05 - Tax RollsMEMO TO: HONORABLE MAYOR AND MEMBERS OF THE CITY COUNCIL
FROM: BRUNO RUMBELOW, CITY MANAGER
MEETING DATE: AUGUST 2, 2022
SUBJECT: RESOLUTION TO ACCEPT THE CERTIFIED TAX ROLLS
RECOMMENDATION: Staff recommends City Council approve a resolution to accept the
Certified Estimated Tax Rolls having a total appraised value of
$16,429,116,309 less exemptions of $5,990,357,982 for a net taxable
value of $10,438,758,327.
FUNDING SOURCE: This action has no material effect on City funds.
BACKGROUND: 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 1 or as soon thereafter as is practicable. Colette Ballinger,
Tax Assessor, has submitted this information to the City and certified that
the estimated tax collection rate for tax year 2022 is 101 %. As prescribed
by law, the appraised value from the certified rolls is $16,429,116,309,
less $5,990,357,982 in exemptions, producing a net taxable value of
$10,438,758,327. The new construction value included in the net taxable
value amount is $104,576,871.
The City Council designates Colette Ballinger, RTA, CSTA (Registered
Tax Assessor Collector, Certified School Tax Assessor) as the official
person to calculate and publish the No New Revenue and Voter Approval
rate calculations for the City of Grapevine, Texas for FY 2023.
Staff recommends approval.
JS/GJ
�*GRAPEVINE
COLLEYVILL
INDEPENDENT SCHOOL DISTRICT
July 26, 2022
I, Colette Ballinger, Tax Assessor -Collector for the City of Grapevine submit to the City Council
the 2022 Appraisal Roll as sworn to by Jeff Law, Chief Appraiser of Tarrant County Appraisal
District, Kenneth Nolan, Chief Appraiser of Dallas County Appraisal District and Hope
McClure, Chief Appraiser of Denton Central Appraisal District. Attached, herewith, are the
appraisal roll valuation summary sheets with hard copies of the appraisal roll available for
inspection at 3072 Mustang Drive, Grapevine, Texas 76051.
Total Tarrant Certified Appraised Value $ 15,977,948,536
Total Dallas Estimated Certified Appraised Value $ 449,886,730
Total Denton Estimated Certified Appraised Value $ 1,281,043
Less Agricultural Deferral, Exemptions and ARB $ - 5.990 357.982
Net Taxable $ 10,438,758,327
ARB Value $ 255,052,801
Incomplete Property Value $ 306,942,334
In Process $ 201,875
New Construction $ 104,576,871
(Included in net taxable)
I certify an anticipated collection rate of 101% for the tax year 2022. This total percentage
includes current taxes, delinquent taxes, rollback taxes, penalties and interest. I certify $56,047 in
excess debt collections for tax year 2021.
Witness my hand this 26th day of July 2022.
Colette Ballinger, RTA, CSTA
Tax Assessor -Collector
Sworn and subscribed_ too me this 26th day of July 2022. _
Tc2 Ws i Q -iC�o ; �RKts DEBry MCLEOD
ayl My Note IDp10822719
Notary Public Signature County State '+;off'" xdmt0,2024
Grapevine-Colleyville Area Tax Office 817.481-1242 e,
3072 Mustang Drive www.goisd.net
Grapevine, Texas 76051
PURPOSE • INNOVATION • COMMUNITY
Tarrant Appraisal 01stdct
Jeff Law, Chief Appraiser
CITY OF GRAPEVINE 011
Appraisal Roll Information Valuation Summary as of July 21, 2022
2022 Certified Property Information
I, Jeff Law, Chief Appraiser for the Tarrant Appraisal District, to the best of my ability do solemnly swear
that the attached is that portion of the appraisal roll for the Tarrant Appraisal District which lists property
taxable by the above -named entity and constitutes their Certified Appraisal Roll.
APPRAISED VALUE (Considers Value Caps) ------------------------->$ 15,977,948,536
Number of Accounts: 28,182
Absolute Exemptions $ 2,695,651,323
Cases before ARB— Appraised Value $ 458,237,366
Incompletes $ 476,594,129
Partial Exemptions $ 2,242,498,276
In Process $ 461,459
NETTAXABLE VALUE ----------------------------------------- >$ 10,104,505,983
Appraised Value minus Absolute Exemption amount, minus Cases before ARB amount, minus
Incompletes, minus Partial Exemptions, minus the In Process accounts equals the Net Taxable Value.
ESTIMATED NET TAXABLE VALUE -------------------------------- >$ 10,666,702,993
Including suggested values to be used for pending ARB accounts (see page two), Incompletes (see page
three) and In Process accounts (see page four).
Jeff aw, OiefAppraiser
Tarrant Appraisal District
2500 Handley Ederville Road - Fort Worth, Texas 76118 - 817.284.0024
1
�'Vw
Tarrant AppraWl 01strlct
Jeff Law, Chief Appraiser
CITY OF GRAPEVINE 011
Appraisal Roll Information Valuation Summary as of July 21, 2022
2022 Appraisal Review Board Information
Section 25.01 (c) of the State Property Tax code directs the Chief Appraiser to prepare a list of all
properties under protest with the Appraisal Review Board and pending disposition at the time of value
roll certification.
The values below are from the ARB roll and are not included in the totals by the Chief Appraiser and
represented on page 1 of this report.
$ 458,237,366
Total appraised value of properties under protest.
$ 364,361,144
Net taxable value of properties under protest.
$ 255,052,801
Estimated minimum taxable value for the same properties.
This value should be added to the net taxable value on page one.
Tarrant Appraisal District
2500 Handley Ederville Road - Fort Worth, Texas 76118 - 817.284.0024
r
Tarrant Appraisal DWct
Jeff Law, Chief Appraiser
CITY OF GRAPEVINE 011
Appraisal Roll Information Valuation Summary as of July 21, 2022
2022 Incomplete Property Information
Section 26.01(d) of the State Property Tax Code directs the Chief Appraiser to prepare a list of all
properties that are not on the appraisal roll and not included on the ARB roll.
The values below are from the incomplete property listing and are not included in the totals by the
Chief Appraiser and represented on page 1 of this report.
The value of incomplete properties are subject to chance and are also subiect to appeal before the
Appraisal Review Board.
$ 476,594,129
Total appraised value of incomplete properties
$ 438,489,049
Net taxable value of properties under of incomplete properties.
$ 306,942,334
Estimated minimum taxable value for the same properties.
This value should be added to the net taxable value on page one
Tarrant Appraisal District
2500 Handley Ederville Road - Fort Worth, Texas 76118 - 817.284.0024
3
Tarrant Appraisal DlsMct
Jeff Law, Chief Appraiser
CITY OF GRAPEVINE 011
Appraisal Roll Information Valuation Summary as of July 21, 2022
2022 In Process Property Information
The values below are from In Process properties and are not included in the totals by the Chief
Appraiser and represented on page 1 of this report.
$ 461,459
Total appraised value of In Process properties
$ 201,875
Estimated net taxable value of In Process properties.
This value should be added to the net taxable value on page one.
Tarrant Appraisal District
2500 Handley Ederville Road - Fort Worth, Texas 76118 - 817.284.0024
4
7 DALLAS CENTRAL APPRAISAL DISTRICT
CERTIFICATION OF APPRAISAL ROLL
Year: 2022
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 & Business Personal Property
Before Qualified Exemptions*
Taxable Value of all Real & Business Personal
Property
$449,886,730
$334,112,671
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 $0 $0
the Appraisal District**
Values under protest as claimed by property
owner or estimated by Appraisal District in
event property owner's claim is upheld
Freeport Estimated Loss
Estimated Net Taxable
1, 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 251h day of July, 2022 .
Dallas Central Appraisal District
W. Kenneth Nolan
Executive Director/Chief Appraiser
*Total Value of New Construction in Certified Market Value above $16,414.410
**Value of Disputed New Construction in Protested Market Value Above $0
2949 N Stemmons Fwy, Dallas, TX 75247-6195 (214) 631-0520
DENTON County
2022 PRELIMINARY TOTALS
C39 - GRAPEVINE CITY OF
Property Count:7
Not Under ARB Review Totals
7/21/2022
9:59:46AM
I Land
Value
Homesite,
0
Non Homesite:
1,143,493
Ag Market
0
Timber Market:
0
Total Land
M
1,143,493
1 Improvement
Value
Homesite:
0
Non Homesite:
0
Total Improvements
N
0
1 Non Real
Count Value
Personal Property:
4 137,550
Mineral Property:
0 0
Autos.
0 0
Total Non Real
M
137,550
Market Value
=
1,281,043
1 Ag
Non Exempt Exempt'
Total Productivity Markel:
0 0
Ag Use.
0 0
Productivity Loss
(-)
0
Timber Use:
0 0
Appraised Value
=
1,281,043
Productivity Loss:
0 0
Homestead Cap
(-)
0
Assessed Value
=
1,281,043
Total Exemptions Amount
(-)
1,141,370
(Breakdown on Next Page)
Net Taxable
=
139,673
APPROXIMATE TOTAL LEVY = NET TAXABLE' (TAX RATE 1100)
379.65 = 139,673 - (0.271811 1100)
Certified Estimate of Market Value: 1,281,043
Certified Estimate of Taxable Value: 139,673
Tax Increment Finance Value: 0
Tax Increment Finance Levy: 0.00
C391652994 Page 496 of 2798
RESOLUTION NO. 2022-007
A RESOLUTION OF THE CITY COUNCIL OF THE CITY OF
GRAPEVINE, TEXAS, APPROVING THE TAX ROLLS FOR
TAX YEAR 2022 ON PROPERTY WITHIN THE CITY; AND
PROVIDING AN EFFECTIVE DATE
WHEREAS, on or by July 25, 2022, the Chief Appraisers of the Tarrant, Dallas and
Denton Appraisal Districts approved and provided to the Grapevine City Council the Tax
Rolls for 2022 with a total appraised value of $16,429,116,309 and having a net taxable
value of $10,438,758,327. Tarrant and Dallas Counties provided certified values while
Denton County provided a certified estimate. Certified values will be provided at a later
date; and
WHEREAS, all legal prerequisites for the adoption of this resolution have been met,
including but not limited to the Local Government Code and the Open Meetings Act; and
WHEREAS, the City Council hereby declares that the approval of this resolution is
in the best interests of the health, safety, and welfare of the public.
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 tax year 2022 for the City of
Grapevine, Texas be and hereby approved in the amount of $16,429,116,3090 for total
appraised value.
Section 3. That the certified net taxable value (total appraised value less
exemptions) of $10,438,758,327 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 $255,052,801 has been assigned to this
property while a minimum value $307,144,209 in properties not on the rolls has also been
assigned for tax rate calculation purposes.
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 2nd day of August, 2022.
APPROVED:
William D. Tate
Mayor
ATTEST:
Tara Brooks
City Secretary
APPROVED AS TO FORM:
Matthew C. G. Boyle
City Attorney
Resolution No. 2022-007