2019-031 - Calling two public hearing on the City's proposed property tax rate for fiscal year 2019-2020RESOLUTION NO. 2019-031
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 2019-2020; MAKING OTHER FINDINGS AND
PROVISIONS RELATED TO THE SUBJECT; AND PROVIDING AN
EFFECTIVE DATE.
WHEREAS, on August 16, 2019, the City Manager of the City of Paris presented
his proposed budget for Fiscal Year 2019-2020 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 3, 2019 and the second public hearing shall be at 5:30 p.m. on
September 8, 2019, 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 3, 2019, at 5:30 p.m. and September 9, 2019, 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
2019-2020.
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 2019 Tax Year
Proposed Property Tax Rate attached hereto and incorporated herein as Exhibit "A",
in the Paris News on or before the 22nd day of August, 2019, 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 26th day of August, 2019.
Steven . Cl
iffor , , Mayor
(Io
ATTEST:
ce Ellis, City Clerk
APPROVED AS TO FORM:
Steel fanie H. Harris, City Attorney
„ SD -819
(11-1514)
NOTICE OF 2018 TAX YEAR
PROPOSED PROPERTY'TAX RATE FOR
CITY OF PARIS
A tax rate of $ ----------------------_55195 per $100 valuation has been proposed for adoption by the governing body of
Cityof Parrs
. 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 1111... City of Parrs proposes to use revenue attributable to the tax
rate increase forthe purpose of operational costs
PROPOSED TAX RATE
$
.55195
...............
per $100
PRECEDING YEAR'S TAX RATE $
_ 55195
per $100
EFFECTIVE TAX RATE
$
,m 52895
per $100
ROLLBACK TAX RATE.57980
$
..1..111.......
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 the 2018 ......... 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 OFTHE ABOVE RATES CAN BE CALCULATED AS FOLLOWS:
property tax amount = ( rate ) x ( taxablew_value._of your,,0roer,a) / 100
For assistance or detailed information about tax calculations, please contact:
Gene Anderson
You are urged to attend and express your views at the following public hearings on the proposed tax rate:
g 018 5:30 P.M. at City Council Room 107 E. Kaufman Paris, Texas
First Hearin September tem er 4 2...-------_........�..-.......... _..�. M„o,.
. City Room 107 E. Kaufman Paris, Texas
Second Hearin September s
eptem er 0, 018 5:,30 P, M. at Ci Council Ro