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Acceptance of the 2019 Certified Tax Rolls in Accordance with Section 26.04(b) of the State Property Tax Code.
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ADMINISTRATIVE COMMENTS:
The 2019 Certified Tax Rolls from Denton and Dallas Appraisal Districts are comprised of the recorded combined total market value for all property of $14,069,380,405; an assessed value of $13,898,946,473; and a total taxable value of $11,484,185,393. TIF Zone Number 1 taxable value is $232,639,067. TIF Zone Number 2 taxable value is $197,875,815. New construction included in the total roll is $222,708,953.
RECOMMENDATION:
That the City Council accept the 2019 Certified Tax Rolls in accordance with Section 26-04(b) of the State Property Tax Code.