From
Diana G. Ortiz
Title
Ordinance approving the 2014 tax roll resulting in a tax levy in the amount of $70,741,456 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 2014 certified appraisal rolls (excluding property under protest) and applying the fiscal year
2014/2015 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 2014/2015 Budget.
Body
AN ORDINANCE OF THE CITY OF GRAND PRAIRIE, TEXAS, APPROVING THE 2014 TAX ROLL; AND PROVIDING AN EFFECTIVE DATE
WHEREAS, the proposed budget for 2014/2015 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 2014 tax roll of the City of Grand Prairie, Texas which will result in a tax levy of $70,741,456 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 16TH DAY OF SEPTEMBER, 2014.