Title
Ordinance - First Reading of an Ordinance Levying the Ad Valorem Taxes for Fiscal Year 2018 at a Rate of $0.71000 per One Hundred Dollars ($100) Assessed Valuation on all Taxable Property
Requested Action
Attached is the 2017-2018 Ordinance setting the tax rate at $0.71000. The City of Mansfield has conducted two public hearings and published a proposed tax rate of $0.71000.
Recommendation
Adopt the Ordinance setting the tax rate at $0.71 for fiscal year 2018.
Description/History
Historically, the tax rate has been adopted to provide general city services as follows:
FY2018 $0.71
FY2017 $0.71
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
Justification
Provide for the annual service program for the City of Mansfield, Texas.
Funding Source
Citizens of Mansfield
Prepared By
Peter K. Phillis, CPA, Deputy City Manager
817-276-4261