Share to Facebook Share to Twitter Bookmark and Share
File #: ID 14-0477    Version: 1 Name:
Type: Ordinance
File created: 8/19/2014 In control: City Council
On agenda: 9/16/2014 Final action:
Title: Consider adoption of an ordinance of the City of Denton, Texas, approving the 2014 tax rolls; and providing an effective date.
Attachments: 1. Exhibit 1- Ordinance
Date Ver.Action ByActionResultAction DetailsVideo
No records to display.
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