CouncilTrac · Matter

Set the 2020 property tax rate at $0.62516 per $100 valuation

Status unknown Budget & tax Ordinance No. 4357

What this is

The council is asked to pass Ordinance No. 4357 to levy the 2020 property tax rate at $0.62516 per $100 of assessed property value for all taxable property within city limits as of January 1, 2020.

Why it matters

This rate determines how much Richardson property owners will pay in city property taxes for fiscal year 2020-2021.

Timeline

Appearances on agendas

  • Item 8 Public hearing

    City Council — August 24, 2020

    Adopt Ordinance No. 4357 setting the 2020 tax rate

    Official agenda language

    CONSIDER ORDINANCE NO. 4357, LEVYING THE AD VALOREM TAXES FOR THE YEAR 2020 (FISCAL YEAR 2020-2021) AT A RATE OF $0.62516 PER ONE HUNDRED DOLLAR ($100) ASSESSED VALUATION ON ALL TAXABLE PROPERTY WITHIN THE CORPORATE LIMITS OF THE CITY OF RICHARDSON AS OF JANUARY 1, 2020.

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