From
Diana G. Ortiz
Title
Ordinance approving the 2015 tax roll resulting in a tax levy in the amount of $74,340,365 based on the Certified Appraisal Rolls approved by the Dallas Central, Tarrant and Ellis Central Appraisal Districts.
Presenter
Diana G. Ortiz, Chief Financial Officer
Recommended Action
Approve
Analysis
The approval of the tax roll is an annual process required by the Texas Property Tax Code. The tax roll is calculated by taking the 2015 certified appraisal rolls (excluding property under protest) and applying the fiscal year
2015/2016 adopted tax rate.
Financial Consideration
The approval of the tax rolls will enable the City to begin the annual tax collection process performed by Dallas County Tax Assessor/Collector. The tax roll is also a funding basis included in the Proposed Fiscal Year 2015/2016 Operating Budget.
Body
AN ORDINANCE OF THE CITY OF GRAND PRAIRIE, TEXAS, APPROVING THE 2015 TAX ROLL; AND PROVIDING AN EFFECTIVE DATE
WHEREAS, the proposed budget for 2015/2016 has been considered by the City Council; and,
WHEREAS, it is necessary to fund the budget; and,
WHEREAS, certified appraisal rolls have been received from the Dallas Central, Tarrant and Ellis Central Appraisal Districts.
NOW, THEREFORE, BE IT ORDAINED BY THE CITY COUNCIL OF THE CITY OF GRAND PRAIRIE, TEXAS:
SECTION 1. The City Council hereby approves the 2015 tax roll of the City of Grand Prairie, Texas which will result in a tax levy of $74,340,365 based on the Certified Appraisal Rolls as approved by the
Dallas Central, Tarrant and Ellis Central Appraisal Districts;
SECTION 2. This ordinance shall become effective immediately upon its passage and approval.
PASSED AND APPROVED BY THE CITY COUNCIL OF THE CITY OF GRAND PRAIRIE, TEXAS, ON THIS THE 15TH DAY OF SEPTEMBER, 2015.