2017-031 - Calling two public hearings on the proposed tax rate for fiscal year 2017-18RESOLUTION NO. 2017 -031
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 2017 -2018; MAKING OTHER FINDINGS AND
PROVISIONS RELATED TO THE SUBJECT; AND PROVIDING AN
EFFECTIVE DATE.
WHEREAS, on August 28, 2017, the City Manager of the City of Paris presented
his proposed budget for Fiscal Year 2017 -2018 which would require a 5 cent increase
in the current tax rate for a total of .55195 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 5, 2017 and the second public hearing shall be at 5:30 p.m. on
September 11, 2017, 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 public hearings be, and the same are hereby, called for
September 5, 2017, at 5:30 p.m. and September 11, 2017, 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
2017 -2018.
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 2018 Tax Year
Proposed Property Tax Rate attached hereto and incorporated herein as Exhibit "A ",
in the Paris News on or before the 31St day of August 2017, 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 28th day of August, 2017.
ATTEST: 9
=cn.
Ellis, City
VED AS TO FORM:
anie H. Harris, City Attorney
®°: '" 50419
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NOTICE OF 2017 TAX YEAR
PROPOSED PROPERTY TAX RATE FOR
A tax rate of $ .55195 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 goveming body before adopting the proposed tax rate.
The governing body of city of Paris proposes to use revenue attributable to the tax
rate increase forthepurposeof payment of bond debt for street and park Improvements and operating costs
PROPOSED TAX RATE $
PRECEDING YEAR'S TAX RATE $
EFFECTIVE TAX RATE $
ROLLBACK TAX RATE $
.55195 per $100
.50195 per $100
•' SW per $100
•56M 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 2016 tax year
and the 2017 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 limft 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 = ( mtm) x ( taxable value of your property ) / 100
For assistance or detailed information about tax calculations, please contact:
Gene Anderson
City of Paris tax assessor - collector
135 1st SE Paris, Texas
903 - 784241
gderson@paristexas.gov
www.paristaxas.gov
You are urged to attend and express your views at the following public hearings on the proposed tax rate:
First Hearing: September 5, 2017 3:30 P.M. at City Council Room 107 E. Kaufman Paris, Texas
Second Hearing: September 11, 2017 5:30 P.M. at City Council Room 107 E. Kaufman Paris, Texas
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