Legislation Details

File #: 24-4800    Version: 1 Name:
Type: Transmittal Status: Accepted
File created: 7/26/2024 In control: Commissioners Court
On agenda: 8/6/2024 Final action: 8/6/2024
Title: Transmittal by the Tax Assessor-Collector of the 2024 Certified Estimate of Taxable Value.

Department: Tax Assessor-Collector

Department Head/Elected Official: Ms. Ann Harris Bennett, Tax Assessor Collector

 

Regular or Supplemental RCA: Regular RCA

Type of Request: Transmittal

 

Project ID (if applicable): N/A

Vendor/Entity Legal Name (if applicable): N/A

 

MWDBE Contracted Goal (if applicable): N/A

MWDBE Current Participation (if applicable): N/A

Justification for 0% MWDBE Participation Goal:  N/A - Goal not applicable to request

 

Request Summary (Agenda Caption):

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Transmittal by the Tax Assessor-Collector of the 2024 Certified Estimate of Taxable Value.

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Background and Discussion: N/A

 

Pursuant to Sec. 26.04, of the Texas Tax Code, I am submitting the 2024 Certified Estimate of Taxable Value for use in proposing property tax rates. This determination is based on my review of 26.01 (a-1) certified estimated taxable value received from the Harris Central Appraisal District (HCAD) on July 25, 2024, for Harris County, the Harris County Flood Control District, Harris County Port of Houston Authority and Harris County Hospital District dba Harris Health.

 

 

Expected Impact: N/A

 

The 2024 Certified Estimate values are as follows:

 

Taxing Unit                                                                                    Taxable Value                                                                                    New Property                                          

                                                               

Harris County                                                                                     $666,009,234,910                                                                $15,719,851,614

 

HC Flood Control District                                          $652,547,552,161                                                                $15,720,113,727

 

HC Port of Houston Authority                                          $652,443,136,367                                                                $15,720,113,727                      

 

HC Hospital District                                                               $652,645,613,538                                                                $15,720,113,727

                                                                                                         

 

These values include the taxable value of property estimated by the HCAD, the estimated taxable values have taken into account potential hearing loss under Appraisal Review Board protest, and other property not under protest or included on the certified roll.  No reduction in taxable value has been made for the captured taxable value of tax increment reinvestment zones.  The Harris County values also include $87,347,083 for railroad rolling stock, provided by the State Comptroller of Public Accounts, and exclude the reduction for the Freeport exemption not adopted by Harris County.

 

In addition, as required by Section 26.04, I certify that the estimated collection rate for the taxing units are County 96.94%, Flood Control District 97.01%, Port of Houston Authority 96.72%, Hospital District 96.90%. There were no debt taxes collected in excess of the anticipated amount in the preceding year due to a change in the collection rate for any of these taxing units.

 

 

Alternative Options: N/A

 

 

 

Alignment with Goal(s):

_ Justice and Safety

_ Economic Opportunity

_ Housing

_ Public Health

_ Transportation

_ Flooding

_ Environment

X Governance and Customer Service

 

Prior Court Action (if any):

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Precinct(s): Countywide

 

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Personnel (Fill out section only if requesting new PCNs)

 

Current Position Count for Service

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Anticipated Court Date: August 6, 2024

Anticipated Implementation Date (if different from Court date): N/A

 

Emergency/Disaster Recovery Note: Not an emergency, disaster, or COVID-19 related item

 

Contact(s) name, title, department: Elizabeth Doss, Assistant Chief Deputy, Harris County Tax Office

 

Attachments (if applicable): n/a