Item Coversheet

CITY COUNCIL AGENDA COMMUNICATION
AGENDA DATE:September 8, 2020
SUBJECT:

Accept Required Certifications from the Tax Assessor/Collector's Office Including the Certifications Rate for the 2020 Tax Year, the Certification of Excess Debt Collections for the 2019 Tax Year, and the 2020 Appraisal Roll.

STAFF RESOURCE:

Eric Cannon, Chief Financial Officer

Chris Landrum, Assistant Chief Financial Officer

Rebecca Brack, Budget Officer

ACTION PROPOSED:

Accept Required Certifications from the Tax Assessor/Collector's Office Including the Certifications Rate for the 2020 Tax Year, the Certification of Excess Debt Collections for the 2019 Tax Year, and the 2020 Appraisal Roll.




BACKGROUND

Acceptance of the attached certifications related to the anticipated collection rate, the excess debt collections, and the 2020 Appraisal Roll are required by the Texas Truth-in-Taxation Law.


BUDGETARY IMPACT

Information regarding Budgetary Impact is reflected in the City's 2020-2021 Budget Document.


STAFF RECOMMENDATION

Staff recommends the City Council accept the Certification of the Anticipated Tax Collection Rate for the 2020 Tax Year, the Certification of Excess Debt Collections for the 2019 Tax Year, and the 2020 Appraisal Roll.


MOTION

I make a motion to accept the Certification of the Anticipated Tax Collection Rate for the 2020 Tax Year, the Certification of Excess Debt Collections for the 2019 Tax Year, and the 2020 Appraisal Roll.



ATTACHMENTS:
Description
2020 Certified Estimate Letter
Anticipated Collections Rate and Excess Debt Collections
Tax Year 2020 Tax Roll