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HomeMy WebLinkAboutRes 2017-03-298 Opposition to a Revenue Cap by State y/ CITY OF ANNA, TEXAS RESOLUTION NO. 2017-t�- $ A RESOLUTION OF THE CITY COUNCIL OF THE CITY OF THE ANNA, TEXAS, IN OPPOSITION TO A REVENUE CAP AND LEGISLATIVE INTERFERENCE WITH LOCAL SERVICES. WHEREAS, bills have been introduced to cap the amount of property tax revenue cities can collect each year in a misguided effort to reduce the property tax burden on homeowners and businesses; and WHEREAS, currently, if a Texas city increases property tax collections by more than eight percent over the previous year, voters can petition for an election to rollback the increase; and WHEREAS, bills have been introduced to replace that eight percent "rollback rate" with a hard cap of four percent and require mandatory elections on an increase over four percent—all with the false claim that this would provide property tax relief; and WHEREAS, according to the state comptroller's latest survey of property tax rates in 963 cities in Texas, 56 percent of cities raised their property taxes by less than four percent from 2014 to 2015 and 27 percent of cities actually reduced their property taxes; and WHEREAS, that means property owners in at least 547 Texas cities would have seen no reduction in their city property taxes if the four percent cap had been in effect; and WHEREAS, while the savings to individual taxpayers are very small or even non-existent, a four percent cap could represent a loss in vital city services; and WHEREAS, cities collect just 16 percent of the property taxes levied in Texas, and most of the property taxes paid by Texans (55 percent) go to school districts; and WHEREAS, according to the comptroller's report, the total amount of property taxes collected by cities rose by 3.61 percent between 2014 and 2015, while school district tax collections rose by more than twice that rate or 7.72 percent; and WHEREAS, school property taxes have been rising because the legislature continues to reduce the state's share of funding for schools, which forces districts to get more revenue from property taxes. NOW THEREFORE, BE IT RESOLVED BY THE CITY COUNCIL OF THE CITY OF ANNA, TEXAS, THAT: Section 1. The recitals above are incorporated herein as if set forth in full for all purposes. Section 2. That the City Council of the City of Anna, Texas, is OPPOSED to the legislative imposition of a revenue cap and legislative interference with local services; and Res. 2017-03 9 OPPOSITION TO A REVENUE CAP 1 Section 3. That imposing a revenue cap on cities: (a) does not provide meaningful tax relief; (b) robs cities of the ability to meet local needs; and (c) diverts attention from the real cause of higher property taxes, which is the failure to address the problem of school funding. PASSED AND APPROVED by the City Council of the City of Anna, Texas, on this 28th day of March, 2017. ATTEST: APP ED: City Secretary Carrie L. Smith � ""'® ""�J�,, Mayor Mike Crist e _ dtl4in�GU�1 Res. 2017-iO3.L OPPOSITION TO A REVENUE CAP 2