Page 2 - Colleyville FY19 Budget

Filed
Tarrant County Clerk's Office
Mary Louise Nicholson, County Clerk
City of Colleyville 2021-09-27 9:41:42 AM

Fiscal Year 2018-2019

Budget Cover Page

This budget will raise less revenue from property taxes than last year's
budget by an amount of $1,252, which is a 0.01 percent decrease from last

year's budget. The property tax revenue to be raised from new property
added to the tax roll this year is $181,466.

The members of the governing body voted on the budget as follows:

FOR: Richard Newton, Bobby Lindamood, Tammy Nakamura, Kathy

Wheat, George Dodson, Chuck Kelley, Callie Rigney
AGAINST:
PRESENT and not voting:

ABSENT:

Property Tax Rate Comparison
2018-2019 2017-2018
Property Tax Rate: $0.320800/100 $0.333834/100
Effective Tax Rate: $0.320800/100 $0.319110/100
Effective Maintenance & Operations Tax Rate: $0.303663/100 $0.302906/100
Rollback Tax Rate: $0.344992/100 $0.344972/100
Debt Rate: $0.017036/100 $0.017834/100

Total debt obligation for City of Colleyville secured by property taxes: $682,115

2