Agenda Information Sheet
DEPARTMENT: Finance
CM/ ACM: Bryan Langley
Date: September 16, 2014
SUBJECT
Title
Consider adoption of an ordinance of the City of Denton, Texas, approving the 2014 tax rolls; and providing an effective date.
Body
BACKGROUND
As a component of the budget process, the City is required by Chapter 26 of the Texas Property Tax Code to approve the tax roll on an annual basis. The tax levy is calculated by taking the 2014 Certified Appraisal Roll (excluding property values under protest) and applying the 2014 adopted tax rate. The anticipated collection rate is 100 percent.
FISCAL INFORMATION
The approval of the tax roll will enable the County to mail tax bills in October 2014.
EXHIBITS
1. Ordinance
Respectfully submitted:
Chuck Springer, 349-8260
Director of Finance
Prepared by:
Nancy Towle
Budget Manager