2018-020 Calling Two Public Hearings on the Proposed Proeprty Tax RateRESOLUTION NO. 2018-020
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 2018-2019; MAKING OTHER FINDINGS AND
PROVISIONS RELATED TO THE SUBJECT; AND PROVIDING AN
EFFECTIVE DATE.
WHEREAS, on August 27, 2018, the City Manager of the City of Paris presented
his proposed budget for Fiscal Year 2018-2019 which would not require an increase
in the current tax rate 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 4, 2018 and the second public hearing shall be at 5:30 p.m. on
September 10, 2018, 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 4, 2018, at 5:30 p.m. and September 10, 2018, 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
2018-2019.
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 20th day of August, 2018, 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 27th day of August, 2018.
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ATTEST:
✓;d"� '� wu ,"r�flflllH111i11
i����ice Ellis, City Clerk
APPROVED AS TO FORM:
St' pI mie H. Harris, City Attorney
St v J Clifford„ D., Mayor
,- 5D-819
a (11-1514)
NOTICE OF 2018 TAX YEAR
PROPOSED PROPERTY TAX RTE FOR
CITY OF PARIS
A tax rate of $
95 per $100 valuation has been proposed for adoption by the governing body of
_......_ ................551.,m._,
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
P P .
prate increase forthe ur oseof,.,..... _ _ operational costsp
PROPOSED TAX RATE $ „ 55195 per $100
PRECEDING YEAR'S TAX RATE $ _-.55195 per $100
EFFECTIVE TAX RATE $.52895 per $100
ROLLBACK TAX RATE $ 57980 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 2017...... tax year
and the2018 _ tax year.
The rollback tax rate is the highest tax rate that City of Paris I I -- 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 OFTHE ABOVE RATES CAN BE CALCULATED AS FOLLOWS:
property tax amount = ( rate) x ( taxable yalue ofour ro,Pe(t, ) / 100
For assistance or detailed information about tax calculations, please contact:
Gene Anderson
of Paris tax assessor -collector
135 1St ... , E.. _......................................... ........... --- ._-......
903-784-9241
anders fits , aristexas. ov
www.paristexas.gov
You are urged to attend and express your views at the following public hearings on the proposed tax rate:
First Hearing: September 4, 2018 5:30 P M at City Council Room 107 E. Kaufman Paris, Texas
......._
Second Hearing:, at CityRoomw .107 E. Kaufman Paris, Texas
....