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CITY COUNCIL AGENDA ITEM BRIEFING SHEET <br />Submittal Date: <br />Originating Department: <br />Presented By: <br />Agenda Item No.: <br />07/28/ 10 <br />Council Date: <br />Finance <br />Gene Anderson <br />7. <br />08/09/10 <br />RECOMMENDED MOTION: <br />Move to approve a resolution acknowledging formal receipt of the Certified 2010 Appraisal Roll as determined by <br />the Lamar County Appraisal District _ <br />POLICY ISSUE(S): <br />Required by statute; Fiscal management <br />Background: <br />Article 26.04 of the Texas Property Tax Code requires that the Tax Assessor for each taxing jurisdiction <br />certify to the governing body the appraisal roll for upcoming year. This certification provides total <br />market value, total assessed value, total taxable value, freeze adjusted value, frozen taxes, number of <br />taxed properties, and the taxable value on new property appearing for the first time on the appraisal roll. <br />This information is provided to the City each year by the appraisal district. For comparison purposes, I <br />have listed the values from last year's certification. <br />No action is required by the Council other than to receive the information. <br />BOARD/COMMISSION RECOMMENDATION: <br />N/A <br />EXHIBITS: <br />Resolution <br />ACTION: <br />BUDGET INFO: <br />F-I Financial Report ❑ Minute Order <br />Expense <br />$NA <br />F~ Department Report ~ Resolution <br />Budgeted Amt. <br />$NA <br />❑ Presentation ❑ Ordinance <br />y'I'D Actual <br />$NA <br />❑ Public Hearing ❑ Other <br />Acct. Name <br />NA <br />Acct. Number <br />NA <br />FISCAL NOTES: <br />None <br />REVIEWED AND APPROVED BY: <br />Z Administration Z City Clerk ❑ Communiry Development ❑ EMS/IT Z Finance ❑ Fire <br />❑ Municipal Court Z Legal ❑ Library ❑ Police ❑ Eng./Public Works ❑ Utilities <br />n,...:~va ~ iM ~n4 <br />City of Paris <br />I <br />54 <br />