Legislation Details

File #: 24-3648    Version: 1 Name:
Type: Agenda Item Status: Regular Hearing
File created: 8/2/2024 In control: City Council
On agenda: 8/10/2024 Final action:
Title: Acceptance of the 2024 Certified Tax Rolls in Accordance with Section 26.04(b) of the State Property Tax Code.
Attachments: 1. 1-Staff Memorandum FN1 - 2024 - Certified Rolls, 2. Certified Rolls - 2024
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title

Acceptance of the 2024 Certified Tax Rolls in Accordance with Section 26.04(b) of the State Property Tax Code.

 

request

ADMINISTRATIVE COMMENTS:

 

The 2024 Certified Tax Rolls from Dallas and Denton Appraisal Districts combined for a total market value for all property of $25,959,417,006; an assessed value of $25,240,522,230; and a total taxable value of $21,182,490,247. TIF Zone Number 1 taxable value is $590,730,438. TIF Zone Number 2 taxable value is $295,694,075.  TIF Zone Number 3 taxable value is $1,243,567,563. TIF Zone Number 4 taxable value is $344,100,229.  New construction included in the total roll is $780,353,968.

 

RECOMMENDATION:

 

That City Council accept the 2024 Tax Rolls in accordance with Section 26-4(b) of the State Property Tax Code.