CouncilTrac · Matter
What this is
Council will consider setting the city property tax rate for 2024 at $0.54218 per $100 of assessed value on all taxable property within Richardson as of January 1, 2024.
Why it matters
This rate directly determines how much Richardson property owners owe in city taxes on their 2024 property values.
Timeline
- July 10, 2026 Agenda posted — September 16, 2024 meeting
Appearances on agendas
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City Council — September 16, 2024
Adopt ordinance
Official agenda language
CONSIDER ORDINANCE NO. 4510, LEVYING THE AD VALOREM TAXES FOR THE YEAR 2024 (FISCAL YEAR 2024-2025) AT A RATE OF $0.54218 PER ONE HUNDRED DOLLARS ($100) ASSESSED VALUATION ON ALL TAXABLE PROPERTY WITHIN THE CORPORATE LIMITS OF THE CITY OF RICHARDSON AS OF JANUARY 1, 2024.
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City Council — September 16, 2024
Adopt ordinance
Official agenda language
RESOLUTION NO. 24-18, ESTABLISHING COURT FEES FOR THE HUFFHINES TENNIS CENTER.
Documents
Related matters
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Discussion: property tax exemption for residents over 65 and disabled persons
Council will review and discuss the city's existing property tax exemption available to homeowners who are over 65 or have a disability.
-
Cast vote for Baine Brooks to the Collin Central Appraisal District board
Council will adopt a resolution casting the city's official vote for Baine Brooks to serve on the Board of Directors of the Collin Central Appraisal District.
-
Cast vote for Pauline Medrano to the Dallas Central Appraisal District board
Council will adopt a resolution casting the city's official vote for Pauline Medrano to serve on the Board of Directors of the Dallas Central Appraisal District.
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Set the 2025 property tax rate at $0.54218 per $100 of assessed value
Council considers an ordinance levying the 2025 ad valorem tax rate at $0.54218 per $100 of assessed valuation on all taxable property within Richardson city limits as of January 1, 2025.
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Ratify the property tax increase reflected in the FY 2025-2026 adopted budget
State law requires a separate council vote to ratify any property tax increase embedded in the adopted budget for FY 2025-2026.