Loading...
HomeMy WebLinkAboutRES 082509-M - 2009 Tax Appraisal RollRESOLUTION NO. A RESOLUTION OF THE CITY COUNCIL OF THE CITY OF GEORGETOWN, TEXAS, ACCEPTING THE 2009 TAX APPRAISAL ROLL AS SUBMITTED BY THE TAX ASSESSOR - COLLECTOR AND ESTABLISHING AN EFFECTIVE DATE. WHEREAS, the Williamson County Tax Assessor-Collector's Office is under contract to provide Tax Assessor -Collector services for the City of Georgetown, WHEREAS, the 2009 Tax Appraisal Roll will be used to calculate the City of Georgetown's tax levy rate; WHEREAS, the Tax Assessor -Collector, in performance of her duties, has submitted the 2009 Tax Appraisal Roll to the City; N OW, THEREFORE BE IT RESOLVED BY THE CITY COUNCIL OF THE CITY OF GEORGETOWN TEXAS THAT: S ECTION 1. The facts and recitations contained in the preamble of this resolution are hereby found and declared to be true and correct, and are incorporated by reference herein and expressly made a part hereof, as if copied verbatim. The City Council hereby finds that this resolution complies with the Vision Statement of the Georgetown 2030 Comprehensive Plan. S ECTION 2. The 2009 Tax Appraisal Roll as submitted by the City's Tax Assessor - Collector is in all things adopted and approved. A copy of the summary roll is attached hereto as Exhibit A, and incorporated by reference herein. SECTION 3. The Mayor is hereby authorized to sign this resolution and the City Secretary to attest. This resolution shall be effective immediately upon adoption. RESOLVED this 25th day of August, 2009 NEST: jessa"Hamill City Secretary APPROVED AS TO FORM: t-cee atricia Caris, City Attorney TH -¢ITY OF G ORGETOWN: y: Georgearver MAYOR Resolution to Accept 2009 Tax Appraisal Roll P:\AGENDA12009Vviuni-AgendalFinance and Administration\TAXROLL RES.doc Page 1 of 1 lia son Central A raisal t 'strict 625 FM 1460, Georgetown, Texas 78626 Georgetown/Austin (512) 930-3787 July 23, 2009 Deborah Hunt, A/C City of Georgetown 904 S. Main St Georgetown, TX 78626 Dear Deborah: The 2009 certified value for City of Georgetown is: 2009 Certified Appraisal Roll ARB Approved Totals (Before Freeze) 2009 Appraisal Roll Still Under ARB Review (Before Freeze) $4,026,891272 S244,968,091 Please find enclosed your certification documentation and the infounation that you need from our office in order to calculate your effective rate far 2009. Also, please feel free to call if you have any questions, or if we can assist in any way. With Kin .•- st Regards, vin Lankford Chief Appraiser Enclosures cc: Paul Brandenbur, City Manager Micki Rundell, Finance Director AL/kt eiga Cit Ct cit Ct 0 B Pagmort 1/40 00 cn 0 m M Ho ,en 0' a} G rr��-, V c on p n r..y City of Georgetown bO a) cd 0 o a) a> 0 nn 0 as riac api o o c H 11 LH N a 4 d O o b o 0 co r.{ $244,968,091 $146,980,855 PROPERTY TAX CODE, SECTION 26.01 CERTIFICATION OF APPRAISAL ROLL I, Alvin Lankford, Chief Appraiser for the Williamson Central Appraisal District, do solemnly swear that the total certified taxable value reflected below is that portion of the Certified Appraisal Roll of the Williamson Central Appraisal District which lists property taxable by City of Georgetown and constitutes the Appraisal Roll for 2009. $4,026,893,272 Total Certified Taxable Value (B •fore Freeze) July 23, 2009 Date thief Appraiser Approval of the appraisal: records by the Williamson Central Appraisal Review Board occurred on the 17tth day of July, 200.9. On this 23rd day of July, 2009, personally appeared Alvin Lankford, who having been duly sworn by me, subscribed to the foregoing certification and upon oath states that the facts contained in said certification are true. ,NttlIFLl;te'%, - VICKI S WILLIAMS: 'a� •``'3a Notary Public, State of Texas My Commission Expires JANUARY 23, 2012 not NOTARY PUBLIC Page 1 of 2 2009 Property Tax Rates in City of Georgetown This notice concerns 2009 property tax rates for City of Georgetown . It presents infoiniation about three tax rates Last year's tax rate is the actual rate the taxing unit used to deteiuuiine property taxes last year. This year's effective tax rate would impose the same total taxes as last year if you compare properties taxed in both years. This year's rollback tax rate is the highest tax rate the taxing unit can set before taxpayers can start tax rollback procedures In each case these rates are found by dividing the total amount of taxes by the tax base (the total value of taxable property) with adjustments as required by state law The rates are given per S 100 of property value Last year's tax rate: Last year's operating taxes Last year's debt taxes Last year's total taxes Last year's tax base Last year'stotal tax rate This year's effective tax rate: Last year's adjusted taxes (after subtracting. taxes on lost property) This year's adjusted tax base (after subtracting value of new property) This year's effective tax rate This year's rollback tax rate: Last year's adjusted operating taxes (after subtracting taxes on lost property and adjusting for any transferred function, tax increment financing, state criminal justice mandate and/or enhanced indigent health care expenditures) This year's adjusted tax base This year'seffective operating rate 1.08 = this year's maximum operating rate This year's debt rate This year's rollback rate $8,956,732 $6,953,940 $15,910,672 $3,371,468,036 0.3 5 6220/$100 $11,624,629 $2,779,883,345 0.418169/$100 $7,275,254 $2,779,883,345 0.261710/$100 0.282646/$100 0.152296/$100 0.434942/$100 A hospital district or city that collects the additional sales tax to reduce property taxes, including one that collects the tax for the first time this year, must insert the following lines: Sales tax adjustment rate 0.029457/$100 Rollback tax rate 0.405485/$100 file://C'\Documents and Settings\trishl\Local Settings\Temp\notesE5618F\CGT ETR-RTR... 8/13/2009 Page 2 of 2 Statement of Increase/Decrease If City of Georgetown adopts a 2009 tax rate equal to the effective tax rate of 0.418169 per $100 of value, taxes would increase compared to 2008 taxes by $ 211,551 Schedule A: Unencumbered Fund Balances: The following estimated balances w'll be left in the unit s property tax accounts at the end of the fiscal year. These balances are not encumbered by a corresponding debt obligation. Type of Property Tax Fund Balance General Fund 721,613 Debt Service Fund 894,082 Schedule C - Expected Revenue from Additional Sales Tax (For hospital districts, cities and counties with additional sales tax to reduce property taxes) In calculating its effective and rollback tax rates, the unit estimated that it will receive $ 865,593 in additional sales and use tax revenues. For County: The county has excluded any amount that is or will be distributed for economic development grants from this amount of expected sales tax revenue. This notice contains a summary of actual effective and rollback tax rates' calculations. You can inspect a copy of the full calculations at 904 S Main St, Georgetown, TX 78626. Name of person preparing this notice: Deborah M. Hunt, CTA Title: Tax Assessor -Collector Date prepared: July 27.2009 file://C:\Documents and Settings\trishl\Local Settings\Ten1P\notesE5618F\CGT FTR-RTR... 8/13/2009