HomeMy WebLinkAboutRes 2003-08
( (
RESOLUTION NUMBER 2003~u8
CITY OF WEST UNIVERSITY PLACE
RESOLUTION ACI(NOWLEDGING RECEIPT OF APPRAISAL ROLL,
ASSESSOR-COLLECTOR'S CERTIFICATE AND RELATED INFORMATION;
DESIGNATING A PERSON TO CALCULATE 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 August 11, 2003 tIle City Council of tIle City of West
Ulliversity place (tIle rtTaxing UnitH) received the attached certificate, appraisal roll
and related information from its assessor and collector of taxes, of w11icl1 certificates
and. appraisal roll are incorporated into tllis resolution and luade a part l1ereof for all
purposes;
WHEREAS, tIle City Council desires to }JI'oceed with tile steps l1ecessary to
levy ad valorenl taxes; NOW THEREFORE;
BE IT RESOLVED BY THE CITY COUNCIL OF TI-IE CITY OF WEST
UNIVERSITY PLACE:
SECTION 1. The luatters described in tIle prealnble of tllis resolutioll are
found and determil1ed to be true al1d correct and are adopted, ratified alld co.nformed~
SECTION 2~ Th.e City COllncil of tIle City of West Ulliversity Place hereby
allthorizes and directs tIle City's Tax Assessor to tal(e tlle following actions:
(a) Calculate tIle effective tax rate and the rollback tax rate llnder tIle
Texas Property Tax Code.
(b) Su.bmit such rates to the City CounciL
( c) Pu.blisl1 stIch. rates, as well as the additional il1forrnatioJl required. by
the Texas ,Property Tax Code, in tIle form and rnaruler required by
- suell Code, at the earliest practicable till1e.
(d) Report on suell publication to tIle goverllin.g body~
( e) Take all other action llecessary or illcidelltal to allY of tIle foregoil1g
steps or to the tilnely levy and. collections of taxes .by the Taxil1g U nit~
SECTION 3. (a) All actions by tIle assessor and. collector of taxes prior to
this date, witll respect to suell calculations and pllblicatiollS are approved, ratified and
confirlned in all respects.
c. (.
(b) For purposes of COl11pleting Sc11edllle B ()f tIle Notice of Tax Rates
prescribed by the State Property Tax Board, it is llereby d.ecided to llse $-0- out of tIle
surpllls or unel1cumbered funds (to be s110wn on Scl1edule A) to pay debt service.
SECTION 4. All resolutions and parts of resolutions ill COl1flict l1erewith are
llereby repealed to tIle extent of the COl1flicts GIlly.
SECTION 5~ If IDlY word, pluase, clause, sentence, paragrapll, section or
ot11er part of tllis resolutiol1 or tIle application thereof to any perSOll or circumstance,
s11all ever be l1eld to be invalid or unconstitutional by any COlut of COlnpetent
jurisdictiol1, tIle remainder of tllis resolution and tile application of such word,
phrase, clause, sentence, paragrapl1, section or other part of this resolutiol1 to any
otller .persons or circunlstances s11alll1ot be affected thereby~
SECTION 6. TIle City COU11Cil officially finds, determines and. d.eclares tllat
a sufficient writtel1 notice of tIle date, hour, place atld su..bject of each Ineeting at
Wl1ich this resolutiol1 was discussed, considered or acted lIpon was giVe!l ill tIle
lTImmer required by tIle Texas Open Meetings Act, as amended, aJ.ld. tllat eacIl sllell
lueeting 11as been open to tIle public as reqllired by law at all times dllring suell
disClIssion, consideration and action~ The City Council ratifies, approves and.
COnfirlTIS SU.Cllllotices al1d tIle contents al1d posting thereof.
SECTION 7. This resollltion sllall talce effect ill1mediately llpon its adoptioll
and signature.
PASSED AND APPROVED this 25th day of August, 2003.
VotingYea:~/L~~~d7l!f~.A-I ~~ h~
d/JU( ~6"ld/
V Otil1g Nay:
Absent: ~ ~~~~
Signed:
(Seal)
!Lz
Bllrt Ballanfant
Mayor
A TrEST:
CITY OF WEST UNIVERSITY PLACE
REPORT OF THE TAX ASSESSOR/COLLECTOR
TAX YEAR 2003
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 "H"arris County Appraisal District, which were received August 11,. 2003.
Total Appraised Value $ 2,597,305,530
Total Assessed Value
Less: Exemptions
Total Taxable Value
$ 2,597,305,530
79,831,440
2,517,474,090
Total Taxable Value of New Property
$
57,623,910
Based on these values the City"s effective; hearing and notice; and roll back tax rates are as follows:
Effective Tax Rate
Notice and Hearing Rate
RoU Back Tax Rate
$0.417046 per $100 valuation
$O~429557 per $100 valuation
$O~446755 per $100 valuation
These rates will be published, as required by law, in the Houston Chronicle on August 28, 2003, 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 October 1 0, 2003~
State law also reg uires the Tax Co I 1 ec tor to certify an estimate of the co llecti on 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 co.1Iection rate for tax year 2003 is
"100 percent.
Signed ) /
W~dAdYr1 y-
Walter Thomas
Tax Assessor/Collector