Title
Report on certified tax roll, certified estimate of collection rate, certified excess debt collections, and no-new-revenue tax rate and voter-approval rate calculations (Assistant City Manager - CFO)
Background:
This item is for information only and is required by Section 26.04 of the Property Tax Code. No action is required.
The tax assessor shall submit the appraisal roll for the unit showing the total appraised, assessed, and taxable values of all property and the total taxable value of new property to the governing body. The assessor shall certify an estimate of the collection rate for the current year and the amount of debt taxes collected in excess of the anticipated amount in the preceding year. The assessor shall also submit the no-new-revenue tax rate and voter-approval rate calculations to the governing body. These calculations are required to be published in the newspaper as well. That publication will appear in the Galveston County Daily News on Tuesday, September 3, 2024.
The Galveston County Tax Assessor-Collector serves as the City's Tax Assessor-Collector and works with the Assistant City Manager - CFO in preparing the calculation of the no-new-revenue tax rate and voter-approval rate using the taxable value information provided by the Galveston Central Appraisal District and Harris County Appraisal District.
2024 Estimated Certified Assessed Value (Galveston Co) $17,318,194,263
2024 Estimated Certified Taxable Value (Gal & Harris Co) $13,069,675,971
2024 Taxable Value Under ARB Review (Galveston Co) $864,977,408
2024 Total Taxable Value Including ARB Review $13,934,653,379
2023 Certified Assessed Value (Galveston Co) $16,076,840,101
2023 Certified Taxable Value (Gal & Harris Co) $12,541,037,672
2023 Taxable Value Under ARB Review (Gal & Harris Co) $762,933,352
2023 Total Taxable Value Including ARB Review $13,303,971,024
2023 Total Taxable Value Including ARB Review (at certification) $13,303,971,024
2023 Total Taxable Value at l...
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