10 - 2024 Tax Appraisal RollItem No. 10
Memorandum
TO: Mayor, Mayor Pro -Tem & City Council
Robert Vine, Interim City Manager
FROM: Gene Anderson, Finance Director
SUBJECT: 2024 APPRAISAL ROLL
DATE: August 12, 2024
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 on 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, 2024 from the Lamar County
Appraisal District. It is being presented to the Council on August 12, 2024 for information
purposes.
BUDGET: N/A
RECOMMENDATION: No formal action is required.
CERTIFICATION OF THE 2024 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
2024 appraisal roll for the City of Paris, Texas.
Certified Roll
Certified Roll
Change
2023
2024
Total Market Value
$
3,703,088,144
$ 3,972,946,398
$
269,858,254
Total Assessed Value
$
3,503,547,192
$ 3,755,336,430
$
251,789,238
Total Taxable Value
$
2,588,988,526
$ 2,801,652,344
$
212,663,818
Freeze Adjusted Taxable
$
2,370,770,656
$ 2,553,828,037
$
183,057,381
Frozen Tax Amount
$
650,165
$ 691,538
$
41,373
Total Taxable Value
On New Property
$
21,137,888
$ 34,550,504
$
13,412,616
Average Homestead Taxable Value
$
134,066
$ 148,272
$
14,206
Estimated Collection Rate
100%