HomeMy WebLinkAboutRes 2005-11
RESOLUTION NUMBER 2005-11
CITY OF WEST UNIVERSITY PLACE
RESOLUTION ACKNOWLEDGING RECEIPT OF APPRAISAL ROLL,
ASSESSOR-COLLECTORFS 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 September 2,2005 the City Council of the City of West
University place (the I1Taxing Unit") received the attached certificate, appraisal
roll and related information from its assessor and collector of taxes, of which
certificates and appraisal roll are incorporated into this resolution and n1ade a
pmt hereof for all purposes;
WHEREAS~ the City Council des.ires 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 prealuble of this resolut.ion
are found and. determined to be true and correct and are ado:pted., ratified and
confor.med~
SECTION 2~ The City Council of the City of West University 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 such rates to the City Council.
(c) Publish such rates, as well as the additional information required
.by the Texas Property Tax Code, :in the fOf111 and manner required
.by such Code, at the earliest practicable t.ime.
(d) Report on such publicat.ion to the governing body.
(e) Take all other action necessary or incidental to any of the
foregoing steps or to the timely levy and collections of taxes by
the Taxing U niL
SECTION 3~ (a) All actions by the assessor an.d. collector of taxes pr.ior
to this date, with respect to such calculations and publicat.ions are approved,
ratified and confirmed in all respects~
(b) For purposes of completing Schedule B of the Notice of Tax Rates
prescribed by the State Propelty Tax Board, it is here.by decided to use $-0- out
of the surplus or llnencllmbered funds (to .be shown on Sched.ule 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herewith are hereby repealed to the extent of the conflicts only.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 otl1er .part of this resolution or t.he application thereof to any person or
circu:mstance, 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
resoluti.on to any other :persons or circumstances shall not be affected thereby.
SECTION 6~ The City Council officially finds, d.eterll11nes and declares
that a sufficie.nt written notice of the date, hour, place and subject of each
meeting at which this resolution was discussed, considered. or acted upon was
given in the manner required .by the Texas Open Meetings Act, as aU1ended, and
that each suc.h meeting .has been open to the public as required by law at all
times during such discussion, consideration and action. The City Council
ratifie~: approves and confirm.s such notices and the contents and posting
thereof~
SECTION 7. This resolution shall take effect imluediately upon its
adoption and. signature.
PASSED AND APPROVED this 12th day of Septeniber, 2005.
Voting Yea: ~7A~~~ ~~~~J~ Sa.ra:/ ~
Z7:~/ /7/
Voting Nay: j'1
7~ ;r-e--
Absent: 7t'~
Signed:
(Seal)
A TrEST:
ynn Holloway
City Secretary
CITY OF WEST UNJVERSITY PLACE
REPORT OF T.HE TAX ASSESSO.RJCOLLECTOR
T AX YEAR 2005
State law requires the Tax Assessor to sublnit to the City Council the appraisaJ roll for the City showing the
total appraised, assessed and taxab Ie 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 Septelnber 2, 2005~
Total Markert Value $ 2,944,850,597
Total Appraised Value $ 2,895,758,868
Less: :Exelnptions .1.28,158,556
Total Taxable Value 2,767,600,312
Total Taxable Value of New Propelty
$
51,279,733
Based on these values the City's effective; and roll back tax rates are as foHows:
Effective Tax .Rate
Ron Back Tax Rate
$0.411008 per $ 100 valuation
$0.43 1440 per $100 valuation
These rates wi.ll be published, as required by law, on Septelnber 14, 2005, or as soon as practical thereafter.
The City has sixty days froln the date the Certified .Roll was received to adopt a tax rate, so the City Inust
adopt a tax rate by Novetnber 1.) 2005,
State law also requires the Tax Collector to celt.ify an estitnate 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 estiInated collection rate for tax year 2005 is
100 percent.
Signed
u/ezb?8~
Walter Tholnas
Tax Assessor/Co i lector