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HomeMy WebLinkAbout2434 08-18-2025ORDINANCE NO. 2434 AN ORDINANCE ADOPTING THE TAX ROLL FOR TAX YEAR 2025 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 24th day of July 2025, Tarrant Appraisal District provided the City with the Certified Appraisal Roll effective for the 2025 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 2025 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 18th day of August 2025, by a vote of 6 ayes, 0 nays, and 0 abstentions. APPROVED: i`./ .< Linda Martin, Mayor ATTEST: utter, TRMC, CMC City Secretary/Chief Governance Officer APPROVED AS TO FORM: City Attorney Ordinance No. 2434, Page 2 of 11 Exhibit A Tarrant Appraisal District Joe Don Bobbitt, Chief Appraiser CITY OF EULESS 025 Appraisal Roll Information Valuation Summary as of July 23, 2025 2025 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. July Roll - 100K\10K APPRAISED VALUE (Considers Value Caps) > $ 9,337,098,613 Number of Accounts: 31,919 Absolute Exemptions $ 964,399,627 Cases before ARB — Appraised Value $ 68,908,930 Incompletes $ 1,653,970 Partial Exemptions $ 949,286,770 In Process $ 90 NET TAXABLE VALUE > $ 7,352,849,226 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 > $ 7,399,200,192 Including suggested values to be used for pending ARB accounts (see page two), Incompletes (see page three) and In Process accounts (see page four). /AD. e,u*-- Joe Don Bobbitt, Chief Appraiser Tarrant Appraisal District 2500 Handley Ederville Road - Fort Worth, Texas 76118 - 817.284.0024 1 Ordinance No. 2434, Page 3 of 11 Tarrant Appraisal District Joe Don Bobbitt, Chief Appraiser CITY OF EULESS 025 Appraisal Roll Information Valuation Summary as of July 23, 2025 2025 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. $ 68,908,930 Total appraised value of properties under protest. $ 64,604,885 Net taxable value of properties under protest. $ 45,223,420 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. 2434, Page 4 of 11 Exhibit A Tarrant Appraisal District Joe Don Bobbitt, Chief Appraiser CITY OF EULESS 025 Appraisal Roll Information Valuation Summary as of July 23, 2025 2025 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 subject to change and are also subject to appeal before the Appraisal Review Board. $ 1,653,970 Total appraised value of incomplete properties $ 1,610,780 Net taxable value of properties under of incomplete properties. $ 1,127,546 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 3 Ordinance No. 2434, Page 5 of 11 Tarrant Appraisal District Joe Don Bobbitt, Chief Appraiser CITY OF EULESS 025 Appraisal Roll Information Valuation Summary as of July 23, 2025 2025 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. $ 90 Total appraised value of In Process properties $0 Estimated net taxable value of hi 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. 2434, Page 6 of 11 Tarrant Appraisal District CITY OF EULESS 025 Totals for Roll Instance July Roll-100K110K 2025 Value Detail Real Estate Residential Real Estate Commercial Real Estate Industrial Personal Property Commercial Personal Property Industrial Mineral Lease Properties Agricultural Properties Total Value Pending Detail Cases Before ARB Incomplete Accounts In Process Accounts Certified Value Market 4,501,603,236 3,966,946,951 86,047,721 869,583,427 59,119,740 303,570 1,966,463 9,485, 571,108 Market 70,021,761 1,653,970 90 9,413,895,287 Appraised 4,393,056,336 3,928,986,353 86,047,721 869,583,427 59,119,740 303,570 1,466 9,337,098,613 Appraised 68,908,930 1,653,970 90 35 0 9,266,535,623 15,934 7,352,849,226 Counts Taxable 13,629 3,604,753,159 1,143 3,025,332,966 22 28,624,953 1,233 740,619,509 14 19,472,548 15,874 260,290 4 1,466 31,919 7,419,064,891 Counts Taxable 107 64,604,885 15,843 1,610,780 7/20/2025 5:49:38 PM Page 117 of 546 Ordinance No. 2434, Page 7 of 11 CITY OF EULESS Exemption Detail Market Exempt Counts Appraised Absolute Public 836,824,500 827,114,708 354 827,114,708 Absolute Charitable 14,458,082 14,402,103 14 14,402,103 Absolute Miscellaneous 5 5 3 5 Absolute Religious & Private Schools 137,387,706 122,882,811 58 123,914,578 Indigent Housing 0 0 0 0 Nominal Value 141,687 141,687 123 141,687 Disabled Vet 10-29% 6,375,802 95,000 19 6,174,053 Disabled Vet 30-49% 6,381,139 127,500 17 6,305,325 Disabled Vet 50-69% 7,302,890 220,000 22 7,126,581 Disabled Vet 70-99% 64,508,407 2,112,000 176 62,111,260 Disabled Vet 100% 35,498,450 25,738,365 89 34,203,107 Surviving Spouse Disabled Vet 100% 5,772,993 3,774,741 16 5,508,427 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 1 204,974 Inventory 173,843,177 137,624,623 8 173,843,177 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 3,284,163,701 630,106,877 9,199 3,176,996,136 Homestead Local Option -Over 65 1,099,610,632 114,451,423 3,327 1,047,602,999 Homestead Local Option -Disabled Person 0 0 0 0 Homestead Local Option -Disabled Person 26,877,109 3,063,921 89 25,158,098 Over 65 Solar & Wind Powered Devices 5,255,417 773,765 15 5,042,253 Pollution control 0 0 0 0 Community Housing Development 6,263,808 6,263,808 2 6,263,808 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.) 27,040,325 24,734,870 40 27,040,325 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 1,913,686,397 13,572 7/20/2025 5:49:38 PM Page 118 of 546 Ordinance No. 2434, Page 8 of 11 CITY OF EULESS Deferrals Market Deferred Counts Appraised Ag Deferrals 1,966,463 1,964,997 4 1,466 Scenic Deferrals 0 0 0 0 Public Access Airports 0 0 0 0 Other Deferrals 0 0 0 0 Total Deferrals 1,966,463 1,964,997 4 1,466 7/20/2025 5:49:38 PM Page 119 of 546 Ordinance No. 2434, Page 9 of 11 CITY OF EULESS New Exemptions Market Exempt Counts Appraised Absolute Public 0 0 0 0 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% 0 0 0 0 Disabled Vet 30-49% 902,463 15,000 2 894,712 Disabled Vet 50-69% 490,000 10,000 1 490,000 Disabled Vet 70-99% 3,223,490 108,000 9 3,223,490 Disabled Vet 100% 1,015,459 698,248 2 1,015,459 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 16,152,028 2,749,656 44 16,152,028 Homestead Local Option -Over 65 61,636,359 6,479,861 187 58,479,353 Homestead Local Option -Disabled Person 0 0 0 0 Homestead Local Option -Disabled Person 825,140 70,000 2 705,387 Over 65 Solar & Wind Powered Devices 280,827 1 1 280,827 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.) 421,725 318,097 4 421,725 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 10,448,863 252 7/20/2025 5:49:38 PM Page 120 of 546 Ordinance No. 2434, Page 10 of 11 CITY OF EULESS New Construction New Value Counts Taxable All Real Estate 36,048,681 57 35,157,698 New business in new improvement 0 0 0 Total New Construction 36,048,681 57 35,157,698 New Construction in Residential 10,598,344 45 9,834,824 New Construction in Commercial 25,450,337 12 25,322,874 Market Appraised Counts Taxable Annexation 0 0 0 0 Deannexation 0 0 0 0 Tax Ceiling Market Taxable Counts Ceiling Amount Over 65 1,098,853,435 712,780,163 3,325 1,942,247.00 Disable Person 25,642,348 19,075,765 85 60,728.00 Disabled Person Over 65 26,877,109 16,622,410 89 51,816.00 Total Ceilings 1,151,372,892 748,478,338 3,499 2,054,791.00 New Over 65 Ceilings 66,995,811 0 204 0,00 New Disabled Person Ceilings 717,482 0 3 0.00 New Disabled Person Over 65 Ceilings 825,140 0 2 0 Capped Accounts Market Cap Loss Counts Appraised Cap Total 1,128,311,463 107,167,565 3,119 1,021,143,898 New Cap this Year 572,718 162,505 2 410,213 Circuit Breaker Total 171,470,301 38,227,102 181 133,243,199 New Circuit Breaker this Year 15,070,186 1,637,817 27 13,432,369 All Exemptions by Group Market Exempt Counts Appraised Residential 3,293,679,675 783,999,132 9,254 3,186,490,863 Commercial 1,092,281,173 1,032,617,305 561 1,069,063,521 Industrial 100,943,991 97,069,960 5 100,943,991 Mineral Lease 0 0 0 0 Agricultural 1,966,463 0 0 1,466 Exemption Total 1,913,686,397 9,820 Market Exempt Counts Appraised Prorated Absolute 0 0 0 0 Multi -Prorated Absolute 0 0 0 0 Current Taxable Counts Appraised Value Loss - 25.25(d) 0 0 0 Average Market Average Appraised Counts Average Taxable Averages for Value Single Family 339,380 331,143 13,088 271,405 7/20/2025 5:49:38 PM Page 121 of 546 Ordinance No. 2434, Page 11 of 11