HomeMy WebLinkAboutItem 03 - Certified Tax Rolls.• • RUMBELOW, CITY MANAGER U
MEETING DATE: AUGUST 6, 2013
SUBJECT: RESOLUTION TO ACCEPT THE CERTIFIED TAX ROLLS
Staff recommends that the City Council approve a resolution to accept the Certified Tax
Rolls having a total appraised value of $9,886,693,050, less exemptions of
$3,639,905,299 for a net taxable value of $6,246,787,751.
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 st 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 2013 is 100%. As prescribed
by law, the appraised value from the certified rolls is $9,886,693,050, less $3,639,905,299
in exemptions, produced a net taxable value of $6,246,787,751. The new construction
value included in the net taxable value amount is $23,930,392.
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 2013, FYE 9/30/14.
Staff recommends approval of the resolution accepting the Certified Tax Rolls.
Tax Office
3072 Mustang Drive
Grapevine, TX 76051
817/251-5633
METRO 817/481-1242
FAX 817/421-9400
July 25, 2013
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I, Colette Franklin, Tax Assessor -Collector for the City of Grapevine submit
to the City Council the 2013 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 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
available for inspection at 3072 Mustang Drive, Grapevine, Texas 76051.
Total Appraised and Assessed Value $9,886,693,050
Less Agricultural Deferral and Exemptions - 3,639,905,299
Net Taxable $6,246,787,751
ARB Value $ 100,331,894
Incomplete Property Value $ 79,927,758
New Construction $ 23,930,392
(Included in net taxable)
I certify an anticipated collection rate of 100% for the tax year 2013. This
total percentage includes current taxes, delinquent taxes, rollback taxes,
penalties and interest.
ntness my han this 25th dayof July 2013.
Colette Franklin, RTA, CSTA
Tax Assessor -Collector
Sworn and subscribed to me this 25th day of July 2013.
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Notary Public Signature County State
July 25 2013 Certified Roll -Grapevine
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EBRA MOL'EGoOMMISSION EXPIRE$'
August 10, 266
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RESOLUTION NO.
A RESOLUTION OF THE CITY COUNCIL OF THE CITY OF
GRAPEVINE, TEXAS, APPROVING THE TAX ROLLS FOR
2013 ON PROPERTY WITHIN THE CITY; AND PROVIDING
AN EFFECTIVE DATE
WHEREAS, on July 25, 2013, the Chief Appraisers of the Tarrant, Dallas and
Denton Appraisal Districts approved and certified to the Grapevine City Council the Tax
Rolls for 2013 with a total appraised value $9,886,693,050 and having a net taxable
value of $6,246,787,751.
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 2013 for the City of
Grapevine, Texas be and hereby approved in the amount of
$9,886,693,050 for total appraised value.
Section 3. That the certified net taxable value (total appraised value less
exemptions) of $6,246,787,751 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 $100,331,894 has been
assigned to this property and $79,927,758 in properties not on the rolls, for a total of
$180,259,652 used for budget 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 6th day of August, 2013.
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