Get Full Government Meeting Transcripts, Videos, & Alerts Forever!
City staff present certified tax rolls; preliminary tax rate set at no-new-revenue level
Summary
City staff reviewed the Tarrant County certified tax roll and explained how certified values feed the 'truth in taxation' calculations; staff recommended a preliminary tax rate equal to the no-new-revenue rate (0.497841) and will review the full budget at a dedicated work session Friday.
City staff on Monday presented the certified property-tax rolls to the North Richland Hills City Council and outlined how those figures determine the city's preliminary tax calculations.
Trudy Lewis, the staff presenter, told the council that "The Tarrant County Central Appraisal District does submit to all taxing entities by July 25, the certified rolls, and we did receive our information last week," and walked members through how market, appraised and taxable values differ and how exemptions and appraisal caps affect revenue.
Why it matters: certified values feed the "truth in taxation" forms that underpin the city's budget timeline and public notices. Lewis said the…
Already have an account? Log in
Subscribe to keep reading
Unlock the rest of this article — and every article on Citizen Portal.
- Unlimited articles
- AI-powered breakdowns of topics, speakers, decisions, and budgets
- Instant alerts when your location has a new meeting
- Follow topics and more locations
- 1,000 AI Insights / month, plus AI Chat
