R2006-119 08-14-06
RESOLUTION NO. R2006-119
A RESOLUTION OF THE CITY COUNCIL OF THE CITY OF PEARLAND,
TEXAS, PLACING ON THE AGENDAS OF SEPTEMBER 5, 2006 AND
SEPTEMBER 11, 2006, CITY COUNCIL MEETINGS CONSIDERATION OF
THE PROPOSED FISCAL YEAR 2006-2007 TAX RATE AND SETTING
THE PUBLIC HEARINGS ON THE TAX RATE.
BE IT RESOLVED BY THE CITY COUNCIL OF THE CITY OF PEARLAND, TEXAS:
Section 1. That the agendas of the September 5,2006 and September 11 , 2006,
City Council meetings shall include consideration of the proposed fiscal year 2006-2007 tax
rate of $.6605 per $100.00 valuation.
Section 2. That public hearings on said proposed tax rate are scheduled for
August 28, 2006, and September 5,2006, at 6:30 p.m.
PASSED, APPROVED and ADOPTED this the 14th day of August, A.D., 2006.
r ~J~
TOM REID
MAYOR
ATTEST:
APPROVED AS TO FORM:
o~ /1, ~
DARRIN M. COKER
CITY ATTORNEY
APPENDIX 10:
~'==" 50-197
~= (Rev.05-06/10)
Notice of Public Hearing on Tax Increase
The (name of taxing unit) will hold a public hearing on a proposal to increase total tax
revenues from properties on the tax roll in the preceding tax year by percent (percentage by which proposed
tax rate exceeds lower of rollback tax rate or effective tax calculated under Chapter 26, Tax Code). Your individual
taxes may increase at a greater or lesser rate, or even decrease, depending on the change in the taxable value of your
property in relation to the change in taxable value of all other property and the tax rate that is adopted.
The public hearing will be held on
(date and time)
at
(meeting place)
The members of the governing body voted on the proposal to consider the tax increase as follows:
FOR:
AGAINST:
PRESENT and not voting:
ABSENT:
Comparison of Proposed Budget with Last Year's Budget
The applicable percentage increase or decrease (or difference) in the amount budgeted in the preceding fiscal year and
the amount budgeted for the fiscal year that begins during the current tax year is indicated for each of the following
expenditure categories:
Maintenance and operations
Debt service
Total expenditures
% (increase)
% (increase)
% (increase)
or
or
or
% (decrease)
% (decrease)
% (decrease)
Total Appraised Value and Total Taxable Value
as calculated under section 26.04, Tax Code
Total appraised value' of all property
Total appraised value' of new property"
Total taxable value'" of all property
Total taxable value'" of new property"
Preceding Tax Year
$
$
$
$
Current Tax Year
$
$
$
$
Bonded Indebtedness
Total amount of outstanding and unpaid bonded indebtedness $
Tax Rates
Adopted tax rate for the preceding tax year
Proposed tax rate for the current tax year
Difference in the proposed tax rate and the
adopted tax rate for the preceding tax year
$
$
$
per $100 in value
per $100 in value
per $100 in value
Percentage increase or decrease in the
proposed tax rate and the adopted tax
rate for the preceding tax year
% Increase
OR
% Decrease
These tax rate figures are not adjusted for changes in the taxable value of property.
* "Appraised value" is the amount shown on the appraisal roll and defined by Section 1.04(8), Tax Code.
*' "New property" is defined by Section 26.012(17), Tax Code.
*ri "Taxable value" Is defined by Section 1.04(10), Tax Code.
Truth-in-Taxationfor Taxing Units Other Than School Districts (May 2006) - 47
Form 50-197 (Rev. 05-06/10) (Back)
Comparison of Residence Homestead Values
Average appraised and taxable values on residence homesteads are compared from the preceding tax year and the
current tax year.
Homestead exemption amount for the taxing unit
(excluding special exemptions for persons 65 years
of age or older or disabled)
Preceding Tax Year
$
$
Current Tax Year
$
$
Average residence homestead appraised value
Average taxable value of a residence homestead
(excluding special exemptions for persons 65 years
of age or older or disabled)
$
$
Comparison of Residence Homestead Taxes
The taxes that would have been imposed in the preceding tax year on a residence homestead at the average appraised value
(excluding special exemptions for persons 65 years of age or older or disabled) are estimated to be $
The taxes that would be imposed in the current tax year on a residence homestead appraised at the average appraised
value in the current tax year (excluding special exemptions for persons 65 years of age or older or disabled), if the pro-
posed tax rate is adopted, are estimated to be $ . The difference between the amount of taxes
on the average residence homestead in the current tax year, if the proposed tax rate is adopted, and the preceding tax
year would be an increase of $ or a decrease of $ in taxes.
Special Provisions if Applicable
Criminal Justice Mandate (use for counties, if applicable):
The County Auditor certifies that County has spent
$ in the previous 12 months beginning , _, for the maintenance and operations
cost of keeping inmates sentenced to the Texas Department of Criminal Justice. County
Sheriff has provided information on these costs, minus the state revenues received for reimbursement of such costs.
Enhanced Indigent Health Care Expenditures (use if applicable):
The spent $ from to on enhanced
indigent health care at the increased minimum eligibility standards, less the amount of state assistance. Forthe current tax
year, the amount of increase above last year's enhanced indigent health care expenditures is
.
..
48 - Truth-in-Taxationjor Taxing Units Other Than School Districts (May 2006)