20 - Calling a public hearing on the proposed tax rateItem No. 20
Memorandum
TO: Mayor & City Council
Mr. Grayson Path, City Manager
FROM: Gene Anderson, Finance Director
SUBJECT: PUBLIC HEARING ON PROPOSED 2020-21 TAX RATE
DATE: August 24, 2020
BACKGROUND: A public hearing on the proposed City tax rate is required by Chapter 26 of
the Texas Tax Code. The proposed tax rate was discussed by the Council during its August 10th
meeting.
STATUS OF ISSUE: The City Council needs to adopt a resolution calling for a public hearing
on the 2020-21 proposed City tax rate on September 14, 2020. A legal notice of the public
hearing will be published in the Paris News announcing the hearing. A copy of the proposed
property tax rate can be found on the City website.
BUDGET: N/A
RECOMMENDATION: Motion to approve the resolution calling for a public hearing on the
proposed 2020-21 City tax rate.
RESOLUTION NO.
A RESOLUTION OF THE CITY COUNCIL OF THE CITY OF PARIS,
TEXAS, CALLING A PUBLIC HEARING TO RECEIVE PUBLIC
COMMENT ON THE CITY'S PROPOSED PROPERTY TAX RATE FOR
FISCAL YEAR 2020-2021; MAKING OTHER FINDINGS AND
PROVISIONS RELATED TO THE SUBJECT; AND PROVIDING AN
EFFECTIVE DATE.
WHEREAS, on August 10, 2020, the City Manager of the City of Paris presented
his proposed budget for Fiscal Year 2020-2021 which would not require an increase
in the current tax rate of .51608 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 Chapter 26 of the Texas Tax Code, a public
hearing 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 public hearing on the proposed tax rate shall be at 5:30 p.m. on
September 14, 2020, 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 14, 2020, 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 2020-2021.
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 2020 Tax Year
Proposed Property Tax Rate attached hereto and incorporated herein as Exhibit "A",
in the Paris News on or before the 3rd day of September, 2020, 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 24th day of August, 2020.
Steven J. Clifford, M.D., Mayor
ATTEST:
Janice Ellis, City Clerk
APPROVED AS TO FORM:
Stephanie H. Harris, City Attorney
Statements required in notice if the proposed tax rate does not exceed the lower of the no -new -revenue tax rate or the voter -approval tax rate,
as prescribed by Tax Code §26.061.
NOTICE, OF'MEET'ING TO VOTE
Op -2 A t
A tax rate of $ 0.48078 --..... _ per $100 valuation has been proposed by the governing body of
PROPOSED TAX RATE
NO -NEW -REVENUE TAX RATE
VOTER -APPROVAL TAX RATE
$ 0.48078 per $100
$ 0.48398 ......., _ per $100
$ 0.48078 .-................. _._....................................... .. per $100
Form 50-883
The no -new -revenue tax rate is the tax rate for the 2020 tax year that will raise the same amount
(current tax year)
of property tax revenue for Chit of Paris from the same properties in both
(name of taxing unit)
the 2019 tax year and the_......................................................2020........-........._..., tax year.
(preceding tax year) (curren! tax year)
The voter -approval rate is the highest tax rate that City of Paris may adopt without holding
(name of taxing unit)
an election to seek voter approval of the rate.
The proposed tax rate is not greater than the no -new -revenue tax rate. This means that City of Paris is not
(name of taxing unit)
proposing to increase property taxes for the 2020 tax year.
(current tax year)
A PUBLIC HEARING ON THE PROPOSED TAX RATE WILL BE HELD ON September 14, 2020 at 530 P.M.
(dale and time)
at Council Chamber, City Hall, 107 E. Kaufman, Paris, Texas
(meeting place)
The proposed tax rate is also not greater than the voter -approval tax rate. As a result, Cit of Paris -.._ is not
(name of razing unit)
required to hold an election to seek voter approval of the rate. However, you may express your support for or opposition to the
proposed tax rate by contacting Cites Council of CI!Y of Paris at their
(name of governing body) (name of taxing unit)
offices or by attending the public meeting mentioned above.
YOUR TAXES OWED UNDER ANY OF THE TAX RATES MENTIONED ABOVE CAN BE CALCULATED AS FOLLOWS:
Property tax amount = ( tax rate ) x ( taxable value of your property ) / 100
(List names of all members of the governing body below, showing how each voted on the proposal to consider the tax increase or, if one or more were absent, indicating absences.)
FOR the proposal:
AGAINST the proposal:
PRESENT and not voting:
ABSENT:
Exhibit "A"
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50-883 • Rev.5-20
Notice of Meeting to Vote on Tax Rate
Form 50-883
The 86th Legislature modified the manner in which the voter -approval tax rate is calculated to limit the rate of growth of property
taxes in the state.
The following table compares the taxes imposed on the average residence homestead by City of Paris last year
(name of taxing unit)
to the taxes proposed to the be imposed on the average residence homestead by itv of Paris this year.
(name of taxing unit)
2019 2020
Change
Total tax rate (per 2019 adopted tax 2020 proposed tax Decrease of .0353 cents, or 6.84%
$100 of value) rate rate
.51608 .48078
Average
2019 average
2020 average Increase of 11.24%
homestead taxable
taxable value
taxable value
value
of residence
of residence
homestead
homestead
87,289
97,102
Tax on average
homestead
Total tax levy on
all properties
2019 amount of
taxes on average
taxable value
of residence
homestead
$450.48
2019 levy
$9,119,200
2020 amount of
taxes on average
taxable value
of residence
homestead
$466.85
(2020 proposed
rate x current total
value)/100
$8,858,341
(if the tax assessor for the taxing unit maintains an internet website)
Increase of $16.37, or 3.63%
Decrease of $260,859 or 2.86%
For assistance with tax calculations, please contact the tax assessor for _City of Paris
(name of taxing unit) µ
at903-784-9241 __ __ or ianderson aristexas. ov ....., or visit aristexas.gov
(telephone number) (email address) (internet website address)
for more information.
(if the tax assessor for the taxing unit does not maintain an internet website)
For assistance with tax calculations, please contact the tax assessor for City of Paris
(name of taxing unit)
at 903-784-9241or ganderson a@paristexas.gov
__....................................................................m. ............
(telephone number) (email address)
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