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File #: 22-4837    Version: 1 Name: Public Hearing - Public Hearing on the Tax Rate, Levying the Ad Valorem Taxes for the Fiscal Year 2023 at a Rate of $0.6800 per One Hundred Dollars ($100.00) Assessed Valuation on all Taxable Property Within the Corporate Limits of the City as of January
Type: Consideration Item Status: Public Hearing
File created: 8/10/2022 In control: City Council
On agenda: 9/12/2022 Final action:
Title: Public Hearing - Public Hearing on the Tax Rate, Levying the Ad Valorem Taxes for the Fiscal Year 2023 at a Rate of $0.6800 per One Hundred Dollars ($100.00) Assessed Valuation on all Taxable Property Within the Corporate Limits of the City as of January 1, 2022, 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: Troy Lestina

Title

Public Hearing - Public Hearing on the Tax Rate, Levying the Ad Valorem Taxes for the Fiscal Year 2023 at a Rate of $0.6800 per One Hundred Dollars ($100.00) Assessed Valuation on all Taxable Property Within the Corporate Limits of the City as of January 1, 2022, 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 opportunity for the citizens of Mansfield, Texas to offer their ideas regarding the FY 2022/2023 tax rate.

 

Recommendation

Receive citizen input regarding the tax rate.

 

Description/History

The City of Mansfield, Texas has announced a tax rate of $0.68 to support the budget for fiscal year 2023.  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 2023.

 

Funding Source

N/A

 

Prepared By

Troy Lestina, Chief Financial Officer

817-276-4258