HomeMy WebLinkAboutRes 2007-17 Ackowledging receipt of Appraisal Roll
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RESOLUTION NUMBER 2007-17
CITY OF WEST UNIVERSITY PLACE
RESOLUTION ACKNOWLEDGING RECEIPT OF APPRAISAL ROLL, ASSESSOR-
COLL"ECTOR1S CERTIFICATE AND RELATED INFORMATION; DESIGNATING A
PERSON TO CA"LCULATE CERTAIN TAX RATES, MAKE CERTAIN PUBLICATIONS
AND PERFORM OTHER RELATED TASKS; DECIDING ON THE AMOUNT OF SURPLUS
AND UNENCUMBERED FUNDS TO BE USED TO PAY DEBT SERVICE; AND
CONTAINING RELATED PROVISIONS.
WHEREAS, on September 18, 2007 the City Council of the City of West University
place (the UTaxing UnitU) received the attached certificate, appraisal roB and related information
. from its assessor and collector of taxes, of which certificates and appraisal roll are incorporated
into this resolution and made a part hereof for all purposes;
WHEREAS, the City Council desires to proceed with the steps necessary to levy ad
valorem taxes. NOW THEREFORE;
BE IT RESOLVED BY THE CITY COUNCIL OF THE CITY OF WEST UNIVERSITY
PLACE:
SECTION 1. The matters described in the preamble of this resolution are found and
deterlnined to be true and COITect and are adopted, ratified and conformed.
SECTION 2. The City Council of the City of West Ulliversity Place hereby authorizes
and directs the City's Tax Assessor to take the following actions:
(a) Calculate the effective tax rate and the rollback tax rate under the Texas
Property Tax Code.
(b) Submit suc"h rates to the City Council.
(c) Publish such rates, as well as the additional informatio11 required by the
Texas Property Tax Code, in the form and manner required by such Code,
at-the earliest "practica"ble tinle.
(d) Report on such publication to the governing body.
(e) Take all other action necessary or incidental to any of the foregoing steps
or to tile tilnely levy and collections of taxes by the Taxil1g Unit.
SECTION 3.
(a) All actions by the assessor and collector of taxes prior to this date, with respect to
such calculations and publications are approved, ratified and confirmed in all respects.
(b) For purposes of completing Schedule B of the Notice of Tax Rates :prescri.bed by the
State Property Tax Board, it is hereby decided to use $-0- out of the surplus or unencumbered
funds (to be shown on Schedule A) to pay debt service.
SECTION 4~ All resolutions and parts of resolutions in conflict herewith are hereby
repealed to the extent of the conflicts only.
SECTION 5. If any word, phrase, clause, sentence, paragraph, section" or other part of
this resolution or the applicatioll thereof to any person or circumstance, shall ever be "held to be
invalid or unconstitutional by any court of competent jurisdiction, the remainder of this
resolution and the application of such word, phrase, clause, sentence, paragraph, section or other
part of this resolution to any other persons or circumstances shall not be affected thereby.
SECTION 6.. The City Council officially finds, determines and declares that a sufficient
. written notice of the date, hour, place and subject of each meeting at which this resolution was
discussed, considered or acted upon was givell in the manner required by the Texas Open
Meetings Act, as amended, and that each such meeting has been open to the public as reqllired by
law at all times during such discussion, consideration and action. The City Council ratifies,
approves and confirms such notices mId the contents and postin"g thereof.
SECTION 7. This resolutiol1 shall take effect immediately upo"n its adoption and
signature~
PASSED AND APPROVED this 24th day of September, 2007.
V Otillg Yea:
Voting Nay:
Absent:
Signed:
(Seal)
ATTEST:
" aylynn Holloway
City Secretary
SCHEDULE A
CITY OF WEST UNIVERSITY PLACE
REPORT OF THE TAX ASSESSOR/COLLECTOR
TAX YEAR 2007
State law requires the Tax Assessor to submit to the City Council the appraisal roll for the City showing the
total appraised, assessed and taxable values for all property and the total taxable value of new property to
the City~ Those values, which are detailed in the table below, were provided in the appraisal roll certified
by the Chief Appraiser of the Harris County Appraisal District, which were received September 18, 2007 ~
Total Appraised Value $ 3,629,625,272
Less: Exemptions 133~439,938
Total Taxable Value 3,496~ 185,334
Total Taxable Value of New Property
$
67,068,43 1
Based on these values the City's effective; hearing and notice; and roll back tax rates are as follows:
Effective Tax Rate
Roll Back Tax Rate
$0.367591 per $100 valuation
$0.381090 per $100 valuation
These rates will be published, as required by law~ in the Exanziner September 26, 2007, or as soon as
practical thereafter.
The City has sixty days from the date the Certified Roll was received to adopt a tax rate, so the City must
adopt a tax rate by November 17, 2007.
State law also requires the Tax Collector to certify an estimate of the collection rate for the current year to
the City. I, WALTER THOMAS, Tax Assessor/Collector for the City of West University Place Texas,
certify pursuant to Section 26.04 (b), Texas Tax Code, that the estimated collection rate for tax year 2007 is
J. 00 percen t.
Signed
tJaaE)(~ -<
WaJter Thomas
Tax Assessor/Collector