HomeMy WebLinkAboutIR 9090 Corrected RevisedINFORMAL REPORT TO CITY COUNCIL MEMBERS
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To the Mayor and Members of the City Council August 4, 2009
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SUBJECT: SUBMISSION OF 2009 CERTIFIED APPRAISAL ROLL AND
CERTIFIED COLLECTION RATE
The purpose of this Informal Report is to submit the 2009 Certified Appraisal Roll and the certified
collection rate.
Pursuant to Section 26.01 of the Texas Property Tax Code, by July 25 or as soon as practicable
thereafter, the Chief Appraiser shall prepare and certify to the assessor for each taxing unit
participating in the district that part of the appraisal roll for the district that lists the property
taxable by the unit.
On July 27, 2009, the Chief Appraisers of Tarrant County, Denton County, and Wise County
prepared and certified the appraisal roll for the City of Fort Worth with less than 5% of property
values still under protest.
The 2009 Market Value is $46,123,055,984 and the Certified Net Taxable Value is
$41,851,014,698. The 2008 certified values were $45,481,163,023 and $40,866,909,245,
respectively. Taxable property values increased by $984,105,453 from the 2008 tax year.
The corrected portion of the Informal Report is the 2009 Market Value amount. The earlier report
included the values of protested properties from Denton County, while the other two counties'
values did not.
Section 26.04 of the Texas Property Tax Code requires the Tax Collector to certify the anticipated
collection rate to the taxing unit for the current year.
On June 18, 2009 Betsy Price, Tarrant County Tax Assessor /Collector certified the anticipated
collection rate for the City of Fort Worth for tax year 2009 at 100 %.
Dale A. Flsse e , P.E.
City Manager
ISSUED BY THE CITY MANAGER
FORT WORTH, TEXAS