Page 121 - Keller Budget FY21

FINANCE & ACCOUNTING DEPARTMENT
TAX DIVISION (100-130-09)

DEPARTMENT DESCRIPTION:
The Tax Division of the Finance & Accounting Department is responsible for the assessment and collection of property and other
special assessment taxes for the City. Property appraisal is the responsibility of the Tarrant Appraisal District. Effective October
1999, the Tarrant County Tax Assessor/Collector began assessing and collecting property taxes for the City of Keller. The Tarrant
County Tax Assessor/Collector also assesses and collects property taxes for all other taxing units within the City of Keller.

DEPARTMENT/DIVISION GOALS:
1. Continue collection and assessing contract with Tarrant County.
2. Ensure timely assessment and collection of the City's property taxes by working closely with the Tarrant Appraisal District and
generating timely and accurate tax statements.
3. Provide timely and efficient assistance and information to citizens and City staff as requested.
4. Support other City departments by providing property ownership information.
5. Ensure that all real and personal property located in the Keller Town Center Reinvestment Zone is properly recorded by the
Tarrant Appraisal District.

SERVICE LEVEL ANALYSIS:
FY 2020-21
FY 2018-19 FY 2019-20 FY 2019-20
Actual Budget YE Proj. Adopted
SERVICES PROVIDED Budget
Total property tax accounts 17,661 17,733 17,733 17,918
Total number of tax ceiling accounts 2,901 3,115 3,115 3,199
Taxable value of tax ceiling accounts
(millions) $806 $899 $899 $934
Total (taxable) value of new construction
(millions) $130 $131 $131 $150
Total (taxable) value of new residential $109 $122 $122 $112
construction (millions)
Total number of new residential properties 214 227 227 205
Total (taxable) value of new commercial $21 $9 $9 $37
construction (millions)
Total number of new commercial
properties 16 7 7 15

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