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HomeMy WebLinkAboutPR 21718: APPROVAL OF ORANGE COUNTY APPRAISAL DISTRICT FUNDING Car of V?rt rthu�� www.PortArthurTx.gov INTEROFFICE MEMORANDUM Date: 12/14/20 To: The Honorable Mayor and City Council Through: Ron Burton, City Manager From: Kandy Daniel, Interim Director of Finance RE: PR No. 21718 - Approval of Orange County Appraisal District Funding Allocation Introduction: The intent of this Agenda Item is to seek the City Council's approval for the funding allocation for Orange County Appraisal District in the amount of$21,105. Background: The Appraisal District is supported solely by payments from the local taxing units served by the district. Texas Property Tax Code requires each taxing unit participating in the Appraisal District to share in the budget equal to the proportion of the total dollar amount of property taxes imposed in the district by unit. The City's share of the budget, .99%, is based on the City's 2020 tax levy which was $1,359,922.00 divided by the total tax levy of all the entities, $138,034,215.00. The Orange County Appraisal District budget for fiscal year 2021 is $2,142,190.00 and the City's pro-rata share is estimated to be $21,105. Budget Impact: Funds are available in the Finance Department Account Number 001- 1031.515.54-00, payable in quarterly installments. Recommendation: It is recommended that City Council approve the funding allocation for Orange County Appraisal District,as discussed and/or outline above. "Remember,we are here to serve the Citizens of Port Arthur" P.O.Box 1089 X Port Arthur,Texas 77641-1089 X 409.983.8101 X FAX 409.982.6743 P.R. NO.21718 KD 12/14/2020 RESOLUTION NO. A RESOLUTION AUTHORIZING THE 2020-2021 ORANGE COUNTY APPRAISAL DISTRICT FUNDING ALLOCATION IN AN AMOUNT OF$21,105 FROM ACCOUNT NO. 001-1031-515.54-00 WHEREAS, Section 6.06 of the Texas Property Tax Code requires each taxing unit participating in the Appraisal District to share in the budget equal to the proportion of the total dollar amount of property taxes imposed in the district by unit; and WHEREAS, the Orange County Appraisal District 2021 budget is$2,142,190, the City's pro-rata share is $21,105.00; and WHEREAS, the City's share of the budget, 0.99%, is based on the City's 2020 tax levy which was $1,359,922.00 divided by the total tax levy of all the entities, $138,034,215.00 (See Exhibit"A"). NOW THEREFORE, BE IT RESOLVED BY THE CITY COUNCIL OF THE CITY OF PORT ARTHUR: Section 1. That the facts and opinions in the preamble are true and correct. Section 2. That the City Council authorizes the payment of the City's share of the Orange County Appraisal District 2020-2021 funding allocation in the amount of $21,105.00, payable in quarterly installments. Section 3. That a copy of the caption of this Resolution shall be spread upon the Minutes of the City Council. READ, ADOPTED, AND APPROVED, this _day of , 2020 AD, at a Regular Meeting of the City Council of the City of Port Arthur, Texas by the following vote: AYES: Mayor: Councilmembers: NOES: Thurman "Bill" Bartie, Mayor ATTEST: Sherri Bellard, City Secretary APPROVED AS TO FORM: ythu dIep._LeittLy Valecia Tizeno, City Attorney APPROVED FOR ADMINISTRATION: Ron Burton, City Manager () C Kandy Daniel,Ynterim Director of Finance EXHIBIT "A" . • • . i . . •. . • ' t , . • . . , • ,_ • . -... - 01' MN 0MMMN M07.1 .,IWOMM . M, N0400 ' • ; ‘:•,. ;' 0. 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