HomeMy WebLinkAboutResolution 5247-06-2020 RESOLUTION
No. 5247-06-2020
A RESOLUTION OF THE CITY COUNCIL OF THE CITY OF FORT WORTH,
TEXAS,DESIGNATING LORAINE COLEMAN AND TERRY HANSON AS
EMPLOYEES TO CALCULATE THE NO-NEW REVENUE TAX RATE AND THE
VOTER APPROVAL TAX RATE IN ACCORDANCE WITH THE TEXAS TAX CODE
WHEREAS,the State legislature amended the Texas Tax Code in 2019 as part of its
Property Tax reform;
WHEREAS, Texas Tax Code Sections 26.04(c) and 26.17(e)now require an officer or
employee designated by the governing body to calculate the no-new-revenue tax rate and the
voter-approval tax rate for the taxing unit after the assessor submits the appraisal roll; and
WHEREAS,Loraine Coleman and Terry Hanson are property tax professionals
(appraisers, assessors and non-county collectors)that are actively involved in the assessment of
ad valorem taxes and are registered with the Texas Department of Licensing and Regulation.
NOW, THEREFORE,BE IT RESOLVED BY THE CITY COUNCIL OF THE
CITY OF FORT WORTH,TEXAS, THAT:
I. Loraine Coleman and Terry Hanson are hereby designated as qualified property
tax professionals to calculate the no-new revenue tax rate and the voter-approval tax rate for the
City of Fort Worth in accordance with section 26 of the Texas Tax Code.
Adopted this 23rd day of June 2020.
ATTEST:
By:
Mary J. Kayser, City Secretary �-L • fiO
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