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Home My WebLink AboutPR 23815: APPROVAL OF JEFFERSON CENTRAL APPRAISAL DISTRICT FUNDING ALLOCATION Mom,. City of c�. or! r[�titl' www.PortArthurTx.gov INTEROFFICE MEMORANDUM Date: 9/17/2024 To: The Honorable Mayor and City Council Through: Ron Burton, City Manager From: Lynda Boswell, Director of Finance RE: PR No. 23815 - Approval of Jefferson Central Appraisal District Funding Allocation Introduction: The intent of this Agenda Item is to seek the City Council's approval for the funding allocation for Jefferson Central Appraisal District in the amount of$252,025. Background: The Appraisal District is supported solely by payments from the local taxing units served by the district. The Texas Property Tax Code requires each taxing unit participating in the Appraisal District to share in the budget in an amount equal to their proportion of the total dollar amount of property taxes imposed in the district by unit. The City's pro-rata share of the budget is calculated based on the City's share of the 2025 proposed entity allocations ($270,556) less the City's share of the Appraisal District's beginning fund balance ($18,531) The proposed entity allocations were allocated based on the 2024 tax levy and the beginning fund balance allocations were based on the 2023 levy. The Jefferson Central Appraisal District net budget for fiscal year 2024 is $7,300,345 and the City's pro-rata share is estimated to be $270,555 which is 3.7060%of the total budget. Budget Impact: Funds are available in the Finance Department Account Number 001-07- 015-5420-00-10-000, payable in quarterly installments. Recommendation: It is recommended that City Council approve the funding allocation for Jefferson Central 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 23815 9/17/2024 LYN RESOLUTION NO. A RESOLUTION AUTHORIZING THE 2024-2025 JEFFERSON CENTRAL APPRAISAL DISTRICT FUNDING ALLOCATION IN AN AMOUNT OF $252,025 FROM GENERAL FUND FINANCE DEPARTMENT'S ACCOUNT NO. 001-07-015-5420-00-10-000 WHEREAS, Section 6.06 of the Texas 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 Jefferson Central Appraisal District 2025 budget is $7,310,345, and the City of Port Arthur, Texas' ("City")pro-rata share is $270,556 or 3.7060%; and WHEREAS,the City's pro-rata share of the budget is calculated based on the City"s share of the 2025 entity allocations($270,556)less the City's share of the Appraisal District's beginning fund balance ($18,531) The entity allocations were allocated based on the 2025 tax levy and the beginning fund balance allocations were based on the 2024 levy. (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 Jefferson Central Appraisal District 2024-2025 funding allocation in the amount of $252,025, payable in quarterly installments beginning December 1, 2024. 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 October, 2024 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: Roxann Pais Cotroneo, Esq. City Attorney APPROVED FOR ADMINISTRATION: 414fr 1 Roo :urton, PM City Manager Lynda Boswell, Director of Finance EXHIBIT "A" JEFFERSON CENTRAL APPRAISAL DISTRICT 2025 PRELIMINARY BUDGET JEFFERSON CENTRAL APPRAISAL DISTRICT 2025 PRELIMINARY BUDGET SUMMARY REVENUES 2024 Estimated Fund Balance $ 500,000 Entity Allocations 6,800,345 Estimated Miscellaneous Income 10,000 Total Revenues $ 7,310,345 EXPENDITURES Salaries/Benefits $ 4,172,310 Capital Outlay 200,000 General Operating 2,938,035 Total Expenditures - $ 7,310,345 7/30/2024 1 JEFFERSON CENTRAL APPRAISAL DISTRICT Preliminary Entity Allocations 2025 Preliminary Budget Pro-rata Share of Preliminary Estimated Pro-rata Share L 2024 Entity 2023 Tax Levy % 2024 2025 Entity Tax L 2023 Sup 3 Allocation Allocations Supplement 3 Allocation Fund Balance Allocations evvyy 97% 49,948.75 679,337.43 City of ov $77,451, 99. 9 19893% $S74,338.78 5 7,451,199.99 1.0,557.13 183% $S5,091.46 $S69,247 32 City of Groves 7,451,199.994 , 1.0172% 7,882,404,88 1.0772% $78,640.80 7,882,404.88 3.07060% $s8 530.25 5252�.14 .70 City of Pt.Arthurd 27,118,484/3 3.7060% i $270,55439 27,118,48423 City of Pt.Arthur 9,393,909.76 1.2838% 593,720.71 9,393,909.76 12838% $6,418.92 $87,301.79 City of Pt. itOaNeches 131,598.53 0.0180% $1,312.93 131,598.53 0.0180% $89.92 $1,223.01 City of Taylor Landing 61,545.73 0.0084% $614.03 61,545.73 0.0084% $42.05 $571.98 City of Taylor Beaumont ISD 155,467,096.E 21.6209% $ 1 , 1 155,467,096.62 21.2463% S106,231.77 $ i0 40 El-F 11,860,874.58 1.6209% S18333.0 1,860,87458 1.6209% 58,04.62 S ,22839 Nederland , 5, 11.40 55288% 5403,618.60 40,455,911.40 5.5288% 527,643.80 $375,974.80 Pt.Arthur ISD 97,635,526.35 13.3430% $974,085.44 97,635,52635 13.3430% $66,715.03 $907,370.41 Pt.Neches Groves ISD 42,149,035.83 5.7601% 5420,510.48 42,149,035.83 5.7601% S28,800.73 $391,709.75 Sabine Pass ISO 34,077,885.42 1.9239% $140,451.57 14,077,885.42 1.9239%2 1.0993% $9,619.52 9.52 $130,832.05 8,044,183.10 1.0993% 580,254.82 8,044, Hardin-Jefferson ISD $593.85 S8,076.80 Drainage Dist.#3 869,085.03 0.1188% 58,670.65 869,085.03 0.1188% Drainage Dist.#6 26,260,071.13 3.5887% $261,990.22 26,260,071.13 3.5887% $17,943.69 S244,04653 Drainagen Dist.#7 36,972,966.04 5.0528% $368,870.12 36,972,966.04 5.0528% 525,263.88 5343,60624 Jefferson County 111,405 539.60 15.2248% $1,111,465.45 111,405,539.60 15.2248% 576,124.17 $1,035 3412 8 Sabine-Neches Waterways&Nav Dist. 27,871 212.92 3.8089% $278,064.18 27,871,2I2.92 3.8089% $1,04.59 9 S259,019.59 .59 250,831.43 0.0343% 52,502.48 250,831.43 0.0343%NWF Beaumont 13,674,373.60 1.8688% 5136,425.84 13,674,373.60 1.8688% 59,343.79 S127,082.05 139,631.67 Pt.ofArthur Pt.Of Pt.Arthor 15,024,747.47 2.0533% $149,898.18 15,024,747.47 2.0.01797%533% $l$89839,266.51 $ S12,218.67 Pt.of Sabine Pass 1,314,762.43 0.1797% $13,I17.06 1,314,762.43 Trinity Bay Cons. 30,880.48 0.0042% $308.09 30,880.48 0.0042% $21.10 5286.99$12,395.20 1,333,757.62 0.1823% 513,306.57 1,33 ,757.62 0.1823% $911.37 Water Dist.#10230,309.96 0.0315% 52,297.75 Z30,309.96 0.0315% 5157.37 52,140.38 I.C.I.C.Emer Svc Dist#10 $220.10 22,061.18 0.0030% $15.07 $205.03 Emer Svc Dist#2 22,061.18 0.0030/o 1 S.C.Emer Svc Dist#3 467,894.62 0.0639% 54,668.07 467,894.62 0.1048%0. $319.72 $4,348.35 I.C.Emer Svc Dist#4 767 20123 0.1048% $7,654.18 767 201 23 % 552423 $7,129.95 I.C.Emer Svc Dist#5 411,723.63 0.0563% $4,107.66 411,723.63 0.0563% S28133 S3,826.33 TOTAL $731,735,631.92 100.0000% $7,300,345.00 5731,735,631.92 100.0000% 5500,000.00 $6,800,345.00 Note: Pro-rata share 2025 allocations are based on the 2023 tax levy percentages.These figures will be adjusted accordingly upon avaiablllty of the 2024 tax levy. s 2