2016-028 - Calling two public hearings on the proposed tax rate for fiscal year 2016-2017RESOLUTION NO. 2016 -028
A RESOLUTION OF THE CITY COUNCIL OF THE CITY OF PARIS,
TEXAS, CALLING TWO PUBLIC HEARINGS TO RECEIVE PUBLIC
COMMENT ON THE CITY'S PROPOSED PROPERTY TAX RATE FOR
FISCAL YEAR 2016 -2017; MAKING OTHER FINDINGS AND
PROVISIONS RELATED TO THE SUBJECT; AND PROVIDING AN
EFFECTIVE DATE.
WHEREAS, on August 22, 2016, the City Manager of the City of Paris presented
his proposed budget for Fiscal Year 2016 -2017 which would require no change in the
current tax rate of .50195 per $100 of value to fund a balanced budget as required by
Section 59 of the Charter of the City of Paris; and,
WHEREAS, in accordance with Section 140.010 of the Texas Local
Government Code, two public hearings must be held at which the City Council must
afford adequate opportunity for proponents and opponents of the proposed tax rate
to present their views; and,
WHEREAS, the first public hearing on the proposed tax rate shall be at 5:30
p.m. on September 6, 2016 and the second public hearing shall be at 5:30 p.m. on
September 12, 2016, in the City Council Chamber, 107 E. Kaufman Street, Paris,
Texas;
NOW, THEREFORE, BE IT RESOLVED BY THE CITY COUNCIL OF THE CITY
OF PARIS, TEXAS:
Section 1. That the findings set out in the preamble to this resolution are
hereby in all things approved.
Section 2. That a public hearing be, and the same is hereby, called for
September 6, 2016, at 5:30 p.m. and September 12, 2016, at 5:30 p.m., in the City
Council Chamber, 107 E. Kaufman Street, Paris, Texas, for the purpose of hearing the
views of proponents and opponents to the City's proposed tax rate for Fiscal Year
2016 -2017.
Section 3. That the City Clerk of the City of Paris shall publish notice of said
public hearings substantially in accordance with the Notice of 2017 Tax Year
Proposed Property Tax Rate attached hereto and incorporated herein as Exhibit "A ",
in the Paris News on or before the 1St day of September 2016, setting forth the date,
time and place of said public hearings.
Section 4. That this resolution shall be effective from and after its date of
passage.
PASSED AND APPROVED this 22nd day of August, 2016.
E
ATTEST:
ice Ellis, City Clerk
APP OVED AS TO FORM:
Stephalhie H. Harris, City Attorney
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NOTICE OF 2016 TAX YEAR
PROPOSED PROPERTY TAX RATE FOR
CITY OF PARIS
A tax rate of $ .50195 per $100 valuation has been proposed for adoption by the governing body of
City of Paris . This rate exceeds the lower of the effective or rollback tax rate,
and state law requires that two public hearings be held by the governing body before adopting the proposed tax rate.
The governing body of City of Paris proposes to use revenue attributable to the tax
rateincrease forthepurposeof debt service on fire trucks, EMS station, grant match on trail and sidewalk grants
PROPOSED TAX RATE $ .50195
PRECEDING YEAR'S TAX RATE $ .50195
EFFECTIVE TAX RATE
ROLLBACK TAX RATE
$ .46707
$ .52071
per $100
per $100
per $100
per $100
The effective tax rate is the total tax rate needed to raise the same amount of property tax revenue for
City of Paris from the same properties in both the 2015 tax year
and the 2016 tax year.
The rollback tax rate is the highest tax rate that City of Paris may adopt before
voters are entitled to petition for an election to limit the rate that may be approved to the rollback rate.
YOUR TAXES OWED UNDER ANY OF THE ABOVE RATES CAN BE CALCULATED AS FOLLOWS:
property tax amount = ( = ) x ( taxable value of your property) / 100
For assistance or detailed information about tax calculations, please contact:
Gene Anderson
of Paris
135 1st SE
903 - 784 -9241
ganderson@paristexas.gov
www.paristexas.gov
tax assessor - collector
You are urged to attend and express your views at the following public hearings on the proposed tax rate:
First Hearing: 9 -6 -2016 5:30 pm at City Council Chambers 107 E. Kaufman Street
Second Hearing: 9 -12 -2016 5:30 pm at City Council Chambers 107 E. Kaufman Street
EXHIBIT�t r