Item Coversheet

CITY COUNCIL AGENDA COMMUNICATION
AGENDA DATE:September 13, 2016
SUBJECT:

Accept Required Certifications from the Tax Assessor/Collector's Office Including the Certifications Rate for the 2016 Tax Year, the Certification of Excess Debt Collections for the 2015 Tax Year and the 2016 Appraisal Roll.

STAFF RESOURCE:

Eric Cannon, Chief Financial Officer

Chris Landrum, Budget Manager

ACTION PROPOSED:

Accept Required Certifications from the Tax Assessor/Collector's Office Including the Certifications Rate for the 2016 Tax Year, the Certification of Excess Debt Collections for the 2015 Tax Year and the 2016 Appraisal Roll.




BACKGROUND

Acceptance of the attached certifications related to the anticipated collection rate, the excess debt collections, and the 2016 Appraisal Roll are required by the Texas Truth-in-Taxation Law.


BUDGETARY IMPACT

Information regarding Budgetary Impact is reflected in the City's 2016-2017 Budget Document.


STAFF RECOMMENDATION

Staff recommends that the City Council accept the Certification of the Anticipated Tax Collection Rate for the 2016 Tax Year, the Certification of Excess Debt Collections for the 2015 Tax Year and the 2016 Appraisal Roll.


MOTION

I make a motion to accept the Certification of the Anticipated Tax Collection Rate for the 2016 Tax Year, the Certification of Excess Debt Collections for the 2015 Tax Year and the 2016 Appraisal Roll.



ATTACHMENTS:
Description
Certification Letter from County for Collections
Certification from Appraisal District
2016 Appraisal Roll