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Home My WebLink About2395 08-19-2024ORDINANCE NO. 2395 AN ORDINANCE ADOPTING THE TAX ROLL FOR TAX YEAR 2024 FOR THE CITY OF EULESS, TEXAS; PROVIDING A SEVERABILITY CLAUSE; AND PROVIDING AN EFFECTIVE DATE. WHEREAS, Tarrant Appraisal District is responsible for the property tax appraisal and exemption administration for the City of Euless; and WHEREAS, on the 25t" day of July 2024, Tarrant Appraisal District provided the City with the Certified Appraisal Roll effective for the 2024 tax year; and WHEREAS, the Certified Appraisal Roll established the net appraised value of certain tracts of property located within the corporate boundaries of the City, taking into consideration any partial exemptions allowed to property owners; and WHEREAS, the City Council has adopted and levied a tax rate applicable to property located within the corporate boundaries of the City; and WHEREAS, Tarrant County, as the tax assessor for the City, has calculated the tax roll for the City based on the adopted tax rate; and WHEREAS, the City Council finds it is in the best interests of the City and the owners of those specific tracts to accept the tax roll as presented. NOW, THEREFORE, BE IT ORDAINED BY THE CITY COUNCIL OF THE CITY OF EULESS, TEXAS, THAT: SECTION 1. The tax roll for tax year 2024 for the City of Euless, Texas is hereby approved as shown in "Exhibit A." SECTION 2. SEVERABILITY CLAUSE. It is hereby declared to be the intention of the City Council that the phrases, clauses, sentences, paragraphs, and sections of this Ordinance are severable, and if any phrase, clause, sentence, paragraph, or section of this Ordinance shall be declared unconstitutional by the valid judgment or decree of any court of competent jurisdiction, such unconstitutionality shall not affect any of the remaining phrases, clauses, sentences, paragraphs, and sections of this Ordinance, since the same would have been enacted by the City Council without the incorporation in this Ordinance of any such unconstitutional phrase, clause, sentence, paragraph or section. SECTION 3. EFFECTIVE DATE. This Ordinance shall become effective from and after its date of passage. PRESENTED AND APPROVED ON FIRST AND FINAL READING at a regular meeting of the Euless City Council on the 19t" day of August, 2024, by a vote of 7 ayes, 0 nays, and 0 abstentions. APPROVED: Linda Martin, Mayor ,ATTEST: J c, J Ki,, Sutter, I`RMC, CMC City SecretarylChief Governance Officer APPROVED AS TO FORM: IC-40,07 Wayne Olson, City Attorney Ordinance No. 2395, Page 2 of 11 Exhibit A v�' _Tf f Tarrant Appraisal District Joe Don Bobbitt, Chief Appraiser CITY OF EULESS 025 Appraisal Roll Information Valuation Summary as of July 25, 2024 2024 Certified Property Information I, Joe Don Bobbitt, Chief Appraiser for the Tarrant Appraisal District, to the best of my ability do solemnly swear that the attached is that portion of the appraisal roll for the Tarrant Appraisal District which lists property taxable by the above -named entity and constitutes their Certified Appraisal Roll. APPRAISED VALUE (Considers Value Caps) - - - - - - - - - - - - - - - - - - - - - - - - -> $ 9,390,200,217 Number of Accounts: 32,126 Absolute Exemptions $ 961,566,260 Cases before ARB — Appraised Value $ 359,341,336 Incompletes $ 84,450,147 Partial Exemptions $ 956,272,435 In Process $ 61,900 NET TAXABLE VALUE ----------------------------------------- >$ 7,028,508,139 Appraised Value minus Absolute Exemption amount, minus Cases before ARB amount, minus Incompletes, minus Partial Exemptions, minus the In Process accounts equals the Net Taxable Value. ESTIMATED NET TAXABLE VALUE -------------------------------- >$ 7,309,358,692 Including suggested values to be used for pending ARB accounts (see page two), Incompletes (see page three) and In Process accounts (see page four). Joe Don Bobbitt, Chief Appraiser Tarrant Appraisal District 2500 Handley Ederville Road - Fort Worth, Texas 76118 - 817.284.0024 1 Ordinance No. 2395, Page 3 of 11 --TAU Tarrant Appraisal District Joe Don Bobbitt, Chief Appraiser CITY OF EULESS 025 Appraisal Roll information Valuation Summary as of July 25, 2024 2024 Appraisal Review Board Information Section 25.01 (c) of the State Property Tax code directs the Chief Appraiser to prepare a list of all properties under protest with the Appraisal Review Board and pending disposition at the time of value roll certification. The values below are from the ARB roll and are not included in the totals by the Chief Appraiser and represented on page 1 of this report. $ 359,341,336 Total appraised value of properties under protest. $ 330,975,588 Net taxable value of properties under protest. $ 231,682,912 Estimated minimum taxable value for the same properties. This value should be added to the net taxable value on page one. Tarrant Appraisal District 2500 Handley Ederville Road - Fort Worth, Texas 76118 - 817.284.0024 2 Ordinance No. 2395, Page 4 of 11 I T p Tarrant Appraisal District Joe Don Bobbitt, Chief Appraiser CITY OF EULESS 025 Appraisal Roll Information Valuation Summary as of July 25, 2024 2024 Incomplete Property Information Section 26.01(d) of the State Property Tax Code directs the Chief Appraiser to prepare a list of all properties that are not on the appraisal roll and not included on the ARB roll. The values below are from the incomplete property listing and are not included in the totals by the Chief Appraiser and represented on page 1 of this report. The value of incomplete properties are subiect to change and are also subject to appeal before the Appraisal Review Board. $ 84,450,147 Total appraised value of incomplete properties $ 70,237,545 Net taxable value of properties under of incomplete properties. $ 49,166,282 Estimated minimum taxable value for the same properties. This value should be added to the net taxable value on page one Tarrant Appraisal District 2500 Handley Ederville Road - Fort Worth, Texas 76118 - 817.284.0024 13 Ordinance No. 2395, Page 5 of 11 ,--TAU Tarrant Appraisal District Joe Don Bobbitt, Chief Appraiser CITY OF EULESS 025 Appraisal Roll Information Valuation Summary as of July 25, 2024 2024 In Process Property Information The values below are from In Process properties and are not included in the totals by the Chief Appraiser and represented on page 1 of this report. $ 61,900 Total appraised value of In Process properties $ 1,360 Estimated net taxable value of In Process properties. This value should be added to the net taxable value on page one. Tarrant Appraisal District 2500 Handley Ederville Road - Fort Worth, Texas 76118 - 817.284.0024 4 Ordinance No. 2395, Page 6 of 11 Tarrant Appraisal District yArd",CITY OF EULESS 025 W�Aw.w Totals for Roll Instance July Roll 2024 Value Detail Real Estate Residential Real Estate Commercial Real Estate Industrial Personal Property Commercial Personal Property Industrial Mineral Lease Properties Agricultural Properties Total Value Market Appraised 4,688,528,221 4,357,762,516 3,872,058,737 3,864,011,572 84,401,343 84,247,356 1,019,196,469 1,019,196,469 64,536,600 64,536,600 452,040 444,242 1,921,270 1,462 9,731,094,680 9,390,200,217 Counts Taxable 13,615 3,601,421,854 1,148 2,936,051,034 22 26,824,588 1,446 848,010,368 15 17,079,344 15,876 333,982 4 1,462 32,126 7,429,722,632 Pending Detail Market Appraised Counts Taxable Cases Before ARB 365,088,287 359,341,336 295 330,975,588 Incomplete Accounts 85,776,731 84,450,147 724 70,237,545 In Process Accounts 61,900 61,900 28 1,360 Certified Value 9,280,167,762 8,946,346,834 31,079 7,028,508,139 7/23/2024 2:55:14 PM Page 117 of 536 Ordinance No. 2395, Page 7 of 11 CITY OF EULESS Exemption Detail Market Exempt Counts Appraised Absolute Public 824,881,339 824,837,638 385 824,837,638 Absolute Charitable 13,891,059 13,891,059 14 13,891,059 Absolute Miscellaneous 5 5 3 5 Absolute Religious & Private Schools 124,014,735 122,837,558 49 123,813,558 Indigent Housing 0 0 0 0 Nominal Value 135,991 135,991 1,285 135,991 Disabled Vet 10-29% 6,821,216 95,000 19 6,082,395 Disabled Vet 30-49% 7,328,161 135,000 18 6,919,385 Disabled Vet 50-69% 9,649,233 270,000 27 8,836,956 Disabled Vet 70-99% 60,668,547 1,968,000 164 54,940,462 Disabled Vet 100% 33,338,525 22,875,453 81 30,235,515 Surviving Spouse Disabled Vet 100% 5,231,325 3,156,899 15 4,692,374 Donated Disabled Vet 0 0 0 0 Surviving Spouse Donated Disabled Vet 0 0 0 0 Surviving Spouse KIA Armed Service Member 0 0 0 0 Transfer Base Value for SS Disable Vet 211,787 58,190 1 186,340 Inventory 220,232,534 182,902,123 7 220,232,534 Homestead State Mandated -General 0 0 0 0 Homestead State Mandated -Over 65 0 0 0 0 Homestead State Mandated -Disabled Person 0 0 0 0 Homestead State Mandated -Disabled Person 0 0 0 0 Over 65 Homestead Local Option -General 3,372,071,218 606,267,499 9,073 3,052,370,027 Homestead Local Option -Over 65 1,064,850,406 108,085,606 3,138 945,654,586 Homestead Local Option -Disabled Person 0 0 0 0 Homestead Local Option -Disabled Person 22,433,578 2,573,921 75 19,540,665 Over 65 Solar & Wind Powered Devices 5,519,304 712,448 15 5,078,147 Pollution control 31164,775 267,498 6 3,164,775 Community Housing Development 5,500,730 5,500,730 2 5,500,730 Childcare Facilities Exemption 11.36 0 0 0 0 Abatements 0 0 0 0 Historic Sites 0 0 0 0 Foreign Trade Zone 0 0 0 0 Misc Personal Property (Vehicles, etc.) 23,107,994 21,268,077 35 23,107,994 Surviving Spouse of First Responder KLD 0 0 0 0 Transfer Base Value SS KIA Armed Service 0 0 0 0 Member Transfer Base Value SS of First Responder 0 0 0 0 KLD Property Damaged by Disaster 0 0 0 0 Total Exemptions 1,917,838,695 14,412 7/23/2024 2:55:14 PM Page 118 of 536 Ordinance No. 2395, Page 8 of 11 CITY OF EULESS Deferrals Market Deferred Counts Appraised Ag Deferrals 0 0 0 0 Scenic Deferrals 0 0 0 0 Public Access Airports 0 0 0 0 Other Deferrals 0 0 0 0 Total Deferrals 0 0 0 0 7/23/2024 2:55:14 PM Page 119 of 536 Ordinance No. 2395, Page 9 of 11 CITY OF EULESS New Exemptions Market Exempt Counts Appraised Absolute Public 2,456,300 2,456,300 1 2,456,300 Absolute Charitable 0 0 0 0 Absolute Miscellaneous 0 0 0 0 Absolute Religious & Private Schools 0 0 0 0 Indigent Housing 0 0 0 0 Nominal Value 0 0 0 0 Disabled Vet 10-29% 639,188 10,000 2 596,416 Disabled Vet 30-49% 473,794 7,500 1 443,291 Disabled Vet 50-69% 772,178 20,000 2 721,674 Disabled Vet 70-99% 3,515,213 96,000 8 3,268,804 Disabled Vet 100% 1,433,426 956,197 4 1,304,527 Surviving Spouse Disabled Vet 100% 0 0 0 0 Donated Disabled Vet 0 0 0 0 Surviving Spouse Donated Disabled Vet 0 0 0 0 Surviving Spouse KIA Armed Service Member 0 0 0 0 Transfer Base Value for SS Disable Vet 0 0 0 0 Inventory 0 0 0 0 Homestead State Mandated -General 0 0 0 0 Homestead State Mandated -Over 65 0 0 0 0 Homestead State Mandated -Disabled Person 0 0 0 0 Homestead State Mandated -Disabled Person 0 0 0 0 Over 65 Homestead Local Option -General 7,039,149 1,173,225 17 7,039,149 Homestead Local Option -Over 65 26,201,567 2,520,000 72 23,550,892 Homestead Local Option -Disabled Person 0 0 0 0 Homestead Local Option -Disabled Person 1,390,549 140,000 4 1,173,403 Over 65 Solar & Wind Powered Devices 692,000 1 1 692,000 Pollution control 0 0 0 0 Community Housing Development 0 0 0 0 Childcare Facilities Exemption 11.36 0 0 0 0 Abatements 0 0 0 0 Historic Sites 0 0 0 0 Foreign Trade Zone 0 0 0 0 Misc Personal Property (Vehicles, etc.) 20,327 20,327 1 20,327 Surviving Spouse of First Responder KLD 0 0 0 0 Transfer Base Value SS KIA Armed Service 0 0 0 0 Member Transfer Base Value SS of First Responder 0 0 0 0 KLD Property Damaged by Disaster 0 0 0 0 Total New Exemptions 7,399,550 113 7/23/2024 2:55:14 PM Page 120 of 536 Ordinance No. 2395, Page 10 of 11 CITY OF EULESS New Construction New Value Counts Taxable All Real Estate 19,735,256 43 18,734,662 New business in new improvement 0 0 0 Total New Construction 19,735,256 43 18,734,662 New Construction in Residential 4,680,818 34 4,185,158 New Construction in Commercial 15,054,438 9 14,549,504 Market Appraised Counts Taxable Annexation 0 0 0 0 Deannexation 0 0 0 0 Tax Ceiling Market Taxable Counts Ceiling Amount Over 65 1,063,382,834 638,087,606 3,134 1,695,982.00 Disable Person 21,576,764 14,708,253 71 45,139.00 Disabled Person Over 65 22,433,578 13,028,796 75 40,238.00 Total Ceilings 1,107,393,176 665,824,655 3,280 1,781,359.00 New Over 65 Ceilings 33,030,845 0 91 0.00 New Disabled Person Ceilings 283,000 0 1 0.00 New Disabled Person Over 65 Ceilings 0 0 0 0 Capped Accounts Market Cap Loss Counts Appraised Cap Total 2,647,217,917 319,735,878 7,093 2,327,482,039 New Cap this Year 148,996,403 9,180,452 407 139,815,951 Circuit Breaker Total 138,981,146 14,085,050 358 124,896,096 New Circuit Breaker this Year 138,981,146 14,085,050 358 124,896,096 All Exemptions by Group Market Exempt Counts Appraised Residential 3,378,257,152 748,500,751 9,111 3,058,536,617 Commercial 1,109,547,925 1,067,165,502 422 1,109,322,391 Industrial 102,949,028 102,062,312 4 102,949,028 Mineral Lease 110,130 110,130 1,334 110,130 Agricultural 0 0 0 0 Exemption Total 1,917,838,695 10,871 Market Exempt Counts Appraised Prorated Absolute 0 0 0 0 Multi -Prorated Absolute 0 0 1 2,456,300 Current Taxable Counts Appraised Value Loss - 25.25(d) 0 0 0 Average Market Average Appraised Counts Average Taxable Averages for Value Single Family 353,531 328,342 12,938 270,594 7/23/2024 2:55:14 PM Page 121 of 536 Ordinance No. 2395, Page 11 of 11