CITY OF MANSFIELD - File #: 15-1479

• File #: 15-1479
• Version: 1
• Name: Ordinance - First Reading of an Ordinance Levying the Ad Valorem Taxes for Fiscal Year 2016 at a Rate of $0.71000 per One Hunred Dollars ($100) Assessed Valuation on all Taxable Property
• Type: Ordinance
• Status: Third and Final Reading
• File created: 8/13/2015
• In control: City Council
• On agenda: 9/8/2015
• Final action: 9/8/2015
• Title: Ordinance - First Reading of an Ordinance Levying the Ad Valorem Taxes for Fiscal Year 2016 at a Rate of $0.71000 per One Hunred Dollars ($100) Assessed Valuation on all Taxable Property
• Sponsors: Peter Phillis

Date	Ver.	Action By	Action	Result
9/8/2015	1	City Council	Approved on First Reading	Pass

Title

Ordinance - First Reading of an Ordinance Levying the Ad Valorem Taxes for Fiscal Year 2016 at a Rate of $0.71000 per One Hunred Dollars ($100) Assessed Valuation on all Taxable Property

Requested Action

Attached is the 2015-2016 Ordinance setting the tax rate at $0.71000.  The City of Mansfield has conducted two public hearings and published a propsed tax rate of $0.71000.

Recommendation

Adopt the Ordinance setting the tax rate at $0.71 for fiscal year 2016.

Description/History

Historically, the tax rate has been adopted to provide general city services as follows:

FY2016     $0.71

FY2015     $0.71

FY2014     $0.71

FY2013     $0.71

FY2012     $0.71

FY2011     $0.71

FY2010     $0.71

FY2009     $0.71

FY2008     $0.69

FY2007     $0.69

FY2006     $0.69

FY2005     $0.71

Justification

Provide for the annual service program for the City of Mansfield, Texas

Funding Source

Citizens of Mansfield

Prepared By

Peter K. Phillis, CPA, Director of Business Services

817-276-4261