HomeMy WebLinkAboutRes 22-48 Approving Tax Rolls 2022TOWN OF WESTLAKE
RESOLUTION NO.22-48
A RESOLUTION OF THE TOWN COUNCIL OF THE TOWN OF WESTLAKE, TEXAS,
APPROVING THE TAX ROLLS FOR TAX YEAR 2022 ON PROPERTY WITHIN THE
TOWN; APPROVING THE ESTIMATED TAX COLLECTION RATE; AND
DESIGNATING AN OFFICIAL TO CALCULATE THE NO-NEW-REVUNUE TAX
RATE AND THE VOTER -APPROVAL RATE.
WHEREAS, on August 4, 2022, the Chief Appraisers of Tarrant Appraisal District (TAD)
and Denton Central Appraisal District (DCAD) provided to the Town of Westlake the tax rolls for
2022 with a total appraised value of $2,700,926,111 and having a net taxable value of
$2,073,570,898, with Tarrant County and Denton County providing the certified values; and,
WHEREAS, Texas Tax Code 26.04(c)and 26.17(e) requires an officer or employee
designated by the governing body to calculate the no -new -revenue tax rate and the voter -approval
tax rate for the taxing unit after submission of the certified appraisal rolls; and,
WHEREAS, all legal prerequisites for the adoption of this resolution have been met,
including but not limited to the Local Government Code, the Open Meetings Act, and the Texas
Tax Code; and,
WHEREAS, the Town Council finds that the passage of this Resolution is in the best
interest of the citizens of Westlake.
NOW THEREFORE, BE IT RESOLVED BY THE TOWN COUNCIL OF THE TOWN OF
WESTLAKE, TEXAS:
SECTION 1: That, all matters stated in the Recitals hereinabove are found to be true and
correct and are incorporated herein by reference as if copied in their entirety.
SECTION 2: That the Tarrant County and Denton County tax roll values for the Town
of Westlake, Texas, tax year 2022, reflect and are hereby approved an amount of $2,700,926,111
for the total appraised value.
SECTION 3: That the certified taxable value of $2,073,570,898 is approved.
SECTION 4: That in addition to the value shown in Section 3 above, the Chief
Appraisers have prepared a list of all properties pending disposition before the Appraisal Review
Boards with a projected minimum value of $113,703,451.
SECTION 5: That the estimated 2022 collection rate of 100% as calculated by Tarrant
County Tax Assessor -Collector is accepted.
Resolution 22-38
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SECTION 6: That the Director of Finance is hereby authorized to calculate the no -new -
revenue tax rate and the voter -approval tax rate for the Town of Westlake in accordance with
Section 26 of the Texas Tax Code.
SECTION 7: If any portion of this Resolution shall, for any reason, be declared invalid
by any court of competent jurisdiction, such invalidity shall not affect the remaining provisions
hereof and the Council hereby determines that it would have adopted this Resolution without the
invalid provision.
SECTION 8: That this Resolution shall become effective from and after its date of
passage.
PASSED AND APPROVED ON THIS 8Tx DAY OF AUGUST 2022.
ATTEST:
/1' tc, /f -'J I �/
Amy Piukana Town Secretary
TO FORM:
L.
Sean Kilbride, Mayor
J ' od Greenwood, Deputy Town Manager
Resolution 22-38
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