Loading...
HomeMy WebLinkAboutIR 9583 INFORMAL REPORT TO CITY COUNCIL MEMBERS No. 9583 To the Mayor and Members of the City Council August 6, 2013 r� Page 1 of 1 �i �i7 Y *a SUBJECT: SUBMISSION OF 2013 CERTIFIED APPRAISAL ROLL AND rrn CERTIFIED COLLECTION RATE The purpose of this Informal Report is to submit the 2013 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. During the week of July 22, 2013, the Chief Appraisers of Tarrant County, Denton County, Parker County, and Wise County prepared and certified the appraisal roll for the City of Fort Worth. The 2013 Market Value is $61 ,219,914,717, and the Certified Net Taxable Value is $42,399,291,073. The 2012 certified values were $59,832,365,308 and $41,269,252,237, respectively. Net taxable property values increased by $1 ,130,038,836 from the 2012 tax year. 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 July 9, 2013, the Tarrant County Tax Assessor/Collector's office certified the anticipated collection rate for the City of Fort Worth for tax year 2013 at 100%. If you have any questions, please contact Jay Chapa, interim Financial Management Services Director, at 817-392-8517. Tom Higgins City Manager ISSUED BY THE CITY MANAGER FORT WORTH, TEXAS