Page 2 - Colleyville FY21 Budget

City of Colleyville Filed

Tarrant County Clerk
Fiscal Year 2020-2021 Mary Louise Nicholson
County Clerk
Budget Cover Page 2021-04-08 3: 52PM

This budget will raise more revenue from property taxes than last year's
budget by an amount of $317,003 which is a 2 percent increase from last

year's budget. The property tax revenue to be raised from new property

added to the tax roll this year is $317,003.

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

2020-2021 2019-2020
Property Tax Rate: $0.304365/100 $0.306807/100
No-New-Revenue (Effective) Tax Rate: $0.310644/100 $0.306807/100
No-New-Revenue Maintenance & Operations Rate: $0.294873/100 $0.290430/100
Voter-Approval (Rollback) Tax Rate: $0.320118/100 $0.330134/100
Debt Rate: $0.014925/100 $0.016379/100

Total debt obligation for City of Colleyville secured by property taxes: $810,677

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