Recommendation from the Director of the Finance Department that the City Council receive the tax year 2015 Appraisal Roll information, Certification of the Anticipated Collection Rate and appoint Thy-Huyen Ruiz, and Alma Tamborello to calculate and publish the City’s Effective and Rollback Tax Rates in accordance with the “Truth-In-Taxation” provision of the State Tax Code and Local Government Code.
The Truth-In-Taxation provisions of the State Tax Code and Local Government Code require the City to take certain steps before adopting its ad valorem tax rate each year. The first of these steps are to; (1) submit the City’s tax year 2015 appraisal roll information to City Council, (2) certify an anticipated collection rate to City Council, and (3) appoint representatives to calculate and publish the Effective and Rollback Tax Rates.
Attached are the required reports of the tax year 2015 appraisal roll information and the certification of anticipated collection rate.
It is recommended that the City Council receive the tax year 2015 Appraisal Roll Information, Certification of the Anticipated Collection Rate and appoint Thy-Huyen Ruiz and Alma Tamborello to calculate and publish the City’s Effective and Rollback Tax Rates in accordance with the “Truth-In-Taxation” provisions of the State Tax Code and Local Government Code.