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HomeMy WebLinkAboutRes 2006-19 Acknowledging receipt of appraisal roll, assessor-collector’s certificate and related information -~ RESOLUTION NU.MBE.R 2006-1.9 CITY OF W.EST UNIVERSITY PLACE RESOLUTION ACKNOWL.EDGING 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 Septelnber 5, 2006 the City Council of the City of West University place (the UTaxing Unit") received the attaclled certificate, ap.praisal roll and related information from its assessor and collector of taxes, of which certificates and appraisal roll are incorporated into this resolution and lnade 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: SEC.TION 1. The matters described in the prealnble of this resolution are found and detennined to be true and correct and are ado.pted, ratified and conformed. SECTION 2. The City Council of tIle 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 tIle Texas Property Tax Code. (b) SUbluit 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 form and manner required by such. Code, at the earliest practicable time. Cd) Report on such publication to the governing body. ( e) Take all oth.er action necessary or incidental to any of the foregoing steps or to the timely levy and collections of taxes by the Taxing Unit. SECTION 3 . (a) All actions by the assessor and. collector of taxes prior to this date, witll respect to such calculations and publications are approved, ratified and confinned ill all respects. (b) For purposes of completing Schedule B of the N.otice of Tax Rates prescribed 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 All resolutions and parts of resolutions in conflict .herewith are hereby repealed to the extent of the conflicts only.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, paragrapll, section or other part of this resolution or the application tllereof to any person or circumstance, shall ever be held to be invalid or unconstitutional by any court of competent jurisdiction, tIle relnainder 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 Cou.ucil officially finds, determines and declares that a sufficient writtel1 notice of the date, hour, place and subject of each meeting at which tllis resolution was discussed, considered or acted upon was given in the manner required by the Texas O.pen Meetings Act, as amended, and that each such meeting has been open to the public as req.uired by law at all times during SUCll discussion, consideration and action. The City Cou.ncil ratifies, approves and confirms such notices and the contents and posting tllereof. SECTION. 7. This resolution shall take effect immediately upon its adoption and signature. PASSED AND APPROVED this 11th day of September, 2006. VotingYea:~A ,&.~~ ~&-;,- d"'~~~ >y~ p./pLr ~~ Voting Nay: ~/"\-L Absent: ~ (Seal) ATTEST: CITY OF WEST UNIVERSITY PLACE REPORT OF THE TAX ASSESSOR/COLLECTOR T AX YEAR 2006 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 5~ 2006. Total Appraised Value $ 3.233,0 t 6~67 I Total Assessed Value $ 3,233~O 16,671 Less: Exemptions 238,088,255 Total Taxable Value 2,994~928,416 Total Taxable Value of New Property $ 67,486,643 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 Roll Back Tax Rate $0.385109 per $100 valuation $0.385 t 09 per $100 valuation $0.397925 per $1 00 val u ation These rates wi II be pub I ished, as req u i red by law, in the Exa l1Z ill e r September 1 3, 2006, 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 4, 2005. 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 2006 is I 00 percent. Signed {AI' AL4eN 01 ~ y- Walter Thomas Tax Assessor/Collector