23 - Public Hearing on Proposed 2021-22 Tax RateItem No. 23
TO: Mayor, Mayor Pro -Tem & City Council
Mr. Grayson Path, City Manager
FROM: Gene Anderson, Finance Director
SUBJECT: PUBLIC HEARING ON PROPOSED 2021-22 TAX RATE
DATE: August 23, 2021
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 9th
meeting.
STATUS OF ISSUE: The City Council needs to adopt a resolution calling for a public hearing
on the 2021-22 proposed City tax rate on September 13, 2021. 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 2021-22 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 2021-2022; MAKING OTHER FINDINGS AND
PROVISIONS RELATED TO THE SUBJECT; AND PROVIDING AN
EFFECTIVE DATE.
WHEREAS, on August 9, 2021, the City Manager of the City of Paris presented
his proposed budget for Fiscal Year 2021-2022 which would decrease the current tax
rate of .48078 to .45373 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 13, 2021, 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 13, 2021, 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 2021-2022.
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 2021 Tax Year
Proposed Property Tax Rate attached hereto and incorporated herein as Exhibit "A",
in the Paris News on or before the 2nd day of September, 2021, 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 23rd day of August, 2021.
Paula Portugal, Mayor
ATTEST:
Janice Ellis, City Clerk
APPROVED AS TO FORM:
Stephanie H. Harris, City Attorney
Form 50-876
NOTICE OF PUBLIC HEARING ON TAX INCREASE
A tax rate of $_,0.45373_ per $100 valuation has been proposed by the governing body of City of Paris .
PROPOSED TAX RATE 0.45373 per $100
NO -NEW -REVENUE TAX RATE 0.43542 per $100
VOTER -APPROVAL TAX RATE L 0.45373 per $100
The no -new -revenue tax rate is the tax rate for the 2021 tax year that will raise the same amount of property tax revenue for
City of Paris from the same properties in both the 2020 tax year and the 2021 tax year. The voter -approval rate is the highest
tax rate that City of Paris may adopt without holding an election to seek voter approval of the rate. The proposed tax rate is
greater than the no -new -revenue tax rate. This means that City of Paris is proposing to increase property taxes for the 2021
tax year.
A PUBLIC HEARING ON THE PROPOSED TAX RATE WILL BE HELD ON September 13, 2021 5:30 P.M. at City Council
Chambers,107 E. Kaufman Street, Paris, Texas.
The proposed tax rate is not greater than the voter -approval tax rate. As a result, City of Paris is not required to hold an election
at which voters may accept or reject the proposed tax rate. However, you may express your support for or opposition to the
proposed tax rate by contacting the members of the City Council of City of Paris at their offices or by attending the public
hearing 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
FOR the proposal: ....... .- .....
-
AGAINST the proposal: -
PRESENT and not voting:
ABSENT:
The 86th Texas Legislature modified the manner in which the voter -approval tax rate is calculated to limit the rate of growth of
prop-erty taxes in the state. The following table compares the taxes imposed on the average residence homestead by City of Paris
last year to the taxes proposed to the be imposed on the average residence homestead by City of Paris this year.
Total tax rate (per $100 of value)
Average homestead taxable value
Tax on average homestead.
Total tax levy on all properties
2020 2021 - ----- - � -Change
0.48078 1 0.45373 Decrease of 0.02705 per $100 or 5.62%.
$97,102 $106,395 Increase of $9,293 or 9.57%.
$466.85 I $482.75 ' Increase of $15.90 or 3.40%.
$9,774,249 $9,928,089 Increase of $153,840 or 1.57%
(if the tax assessor for the taxing unit maintains an internet website)
For assistance with tax calculations, please contact the tax assessor for City of Paris at 903-784-9241 or
ganderson@paristexas.gov, or visit www.paristexas.gov for more information.
50-876 • Rev.4-20