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HomeMy WebLinkAboutR-2005-13 Passed/adopt 2005-2006 appraisal roll of Harris County Appraisal District e e RESOLUTION NO. 05.~ A RESOLUTION OF THE CITY COUNCIL OF THE CITY OF LA PORTE, TEXAS, ADOPTING THE 2005 APPRAISAL ROLL OF THE HARRIS COUNTY APPRAISAL DISTRICT. WHEREAS, the Harris County Appraisal District has submitted to the City Council of the City of La Porte, for approval, the 2005 tax appraisal roll; and WHEREAS, the City Council is of the opinion that the 2005 appraisal roll with the amounts shown therein should be adopted; WHEREAS, the Harris County Appraisal District has certified to the City Council that there was situated in the City of La Porte, as of January 1, 2005, property with a total appraised value of $1,948,082,621 and a total taxable value of $1,574,061,801. WHEREAS, new personal property added to the appraisal roll had a total taxable value of $2,061,400 as of January 1, 2005; BE IT RESOLVED BY THE CITY COUNCIL OF THE CITY OF LA PORTE, THAT: Section 1. the 2005 taxable roll in the amount of $1,574,061,801, as submitted by the Harris County Appraisal District is hereby adopted; Section 2. the City Council officially finds, determines, recites and declares that a sufficient written notice of the date, hour, place and subject ofthis meeting ofthe City Council was posted at a place convenient to the public at the offices of City of La Porte for the time required by law preceding this meeting, as required by the Open Meetings Law, Chapter 551, Texas Government Code; and that this meeting has been open to the public as required by law at all times during which this resolution and the subject matter thereof has been discussed, considered and formally acted upon. The City Council further ratifies, approves and confirms such written notice and the contents and posting thereof. PASSED AND APPROVED this the 12th day of September, 2005. CITY OF LA PORTE, TEXAS ~X~ Alton Porter, Mayor ATTEST: ~t$f!!!mry APRROVED: ~7:~ . e REQUEST FOR CITY COUNCIL AGENDA ITEM Agenda Date Requested: Se tember 12 200 Appropriation Requested By: C nthia B. Alexander Source of Funds: N/A Department: Finance Account Number: N/A Report: Resolution: XX Ordinance: Amount Budgeted: N/A Exhibits: Certification from HCAD Amount Requested: N/A Exhibits: New Construction Report Budgeted Item: YES NO Exhibits: Property Tax Comparison/Certification SUMMARY & RECOMMENDATION On September 2, 2005, the City of La Porte received the Certified Appraisal Roll from the Harris County Appraisal District. Section 26.04 of the State Property Tax Code requires the submission of the Appraisal Roll to the Governing Body. The 2005 Certified Tax Roll for the City of La Porte, as received from the Harris County Appraisal District (HCAD), shows a total appraised value of $1,948,082,621 and a total taxable value of $1,574,061,801. The amount of revenue generated for the General Fund is $9,504,264. This is $134,666 less than what was budgeted; the amount in property tax reserve is $150,136. Action Required bv Council: Approve Resolution for acceptance of the appraisal roll. Approved for City Council Aeenda q -tJ; ,/O_S- Date )