Loading...
07 - 2022 Tax Appraisal RollItem No. 7 TO: Mayor & City Council Grayson Path, City Manager FROM: Gene Anderson, Finance Director SUBJECT: 2022 APPRAISAL ROLL DATE: August 8, 2022 BACKGROUND: Article 26.04 of the Texas Property Tax Code requires the assessor for a taxing unit to submit to the governing body the entity's appraisal roll showing the total appraised (market), assessed, and taxable values of all property and the total taxable value of any new property. It also requires the taxing unit's collector to certify an estimate of the collection rate. This collection rate is based current tax roll collections plus all delinquent tax collections including related penalties and interest. STATUS OF ISSUE: The appraisal roll was received on July 25, 2022 from the Lamar County Appraisal District. It is being presented to the Council on August 8, 2022 for information purposes. BUDGET: N/A RECOMMENDATION: No formal action is required. CERTIFICATION OF THE 2022 APPRAISAL ROLL FOR THE CITY OF PARIS, TEXAS I, Gene Anderson, Tax Assessor for the City of Paris, in accordance with Article 26.04 of the Texas Property Tax Code do solemnly swear that the following constitutes the 2022 appraisal roll for the City of Paris, Texas. Certified Roll Certified Roll Change 2021 2022 Total Market Value $ 3,180,380,294 $ 3,533,549,070 $ 353,168,776 Total Assessed Value $ 3,081,326,370 $ 3,362,933,612 $ 281,607,242 Total Taxable Value $ 2,228,001,573 $ 2,423,466,605 $ 195,465,032 Freeze Adjusted Taxable $ 2,049,030,824 $ 2,233,314,729 $ 184,283,905 Frozen Tax Amount $ 631,022 $ 600,982 $ (30,041) Total Taxable Value On New Property $ 17,747,346 $ 25,583,194 $ 7,835,848 Average Home Value $ 106,395 $ 119,602 $ 13,207 Estimated Collection Rate 100%