SUBJECT
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Submission of the 2024 Certified Appraisal Roll from the Webb County Appraisal District for the development of the City's tax roll; acceptance of the Tax Rate Calculation Worksheets for the No-New-Revenue Tax Rate and Voter-Approval Tax Rate for Tax Year 2024; recommend to propose a tax rate of $0.507623 per $100 value; setting a date for a Special City Council Meeting for the Public Hearing and Introductory Ordinance of the proposed tax rate. The meeting must be held on September 9, 10, 11, or 12 of 2024.
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PREVIOUS COUNCIL ACTION
Every year, City Council approves the appraisal roll from the Webb County Appraisal District for the development of the City's tax roll; accepts the No-New-Revenue and Voter-Approval Tax Rate Calculations; proposes the tax rate; and sets the public hearing dates as required by the Texas Property Tax Code.
BACKGROUND
Each year, the Webb County Appraisal District certifies the appraisal roll to be used as a base for our tax levy.
The 2024 Certified Appraisal Roll was provided by the Webb County Appraisal District on
July 24, 2024, and the certified values are as follows:
Approved Value Under Total
Value Protest Value
Appraised Value $30,094,070,632 $532,256,893 $30,626,327,525
Net Appraised/Assessed Value $29,328,938,047 $454,741,101 $29,783,679,148
Net Taxable Value $23,875,316,834 $452,055,885 $24,327,372,719
Total Number of Accounts 98,766
Of the above totals, new value and annexations are as follows:
Market Taxable
Total New Value $597,503,010 $539,973,542 ...
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