File #: 23-5546    Version: Name: ublic Hearing - 1st Public Hearing on the Tax Rate, Levying the Ad Valorem Taxes for the Fiscal Year 2024 at a Rate of $0.669293 per One Hundred Dollars ($100.00) Assessed Valuation on all Taxable Property Within the Corporate Limits of the City as of Jan
Type: Consideration Item Status: Public Hearing
File created: 8/21/2023 In control: City Council
On agenda: 9/11/2023 Final action:
Title: Public Hearing - Public Hearing Continuation and Second and Final Reading on the Tax Rate, Levying the Ad Valorem Taxes for the Fiscal Year 2024 at a Rate of $0.659293 per One Hundred Dollars ($100.00) Assessed Valuation on all Taxable Property Within the Corporate Limits of the City as of January 1, 2023, to Provide Revenues for the Payment of Current Expenditures and to Provide an Interest and Sinking Fund on all Outstanding Debts of the City, and Providing for Due and Delinquent Dates Together with Penalties and Interest
Sponsors: Joe Smolinski
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Title

Public Hearing - Public Hearing Continuation and Second and Final Reading on the Tax Rate, Levying the Ad Valorem Taxes for the Fiscal Year 2024 at a Rate of $0.659293 per One Hundred Dollars ($100.00) Assessed Valuation on all Taxable Property Within the Corporate Limits of the City as of January 1, 2023, to Provide Revenues for the Payment of Current Expenditures and to Provide an Interest and Sinking Fund on all Outstanding Debts of the City, and Providing for Due and Delinquent Dates Together with Penalties and Interest

 

Requested Action

Provide an opportunity for the citizens of Mansfield, Texas to offer their ideas regarding the FY 2023/2024 tax rate.

 

Recommendation

Receive citizen and City Council input regarding the tax rate.

 

Description/History

The City of Mansfield, Texas has announced a tax rate of $0.659293 to support the budget for Fiscal Year 2024.  The public hearing is to receive input from the public about the tax rate.

 

Justification

Provide for the annual service program to the City of Mansfield, Texas for Fiscal Year 2024.

 

Please note that a vote to adopt the tax rate ordinance will be presented at the City Council meeting scheduled for September 11, 2023.

 

Funding Source

N/A

 

Prepared By

Jennifer Goldthwaite

817-276-4263