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HomeMy WebLinkAbout030449 RES - 03/24/2015 RESOLUTION NO. 3 , 9 A RESOLUTION OF THE CITY OF CORPUS CHRISTI,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 1,002 cities in Texas, 67 percent of cities raised their property taxes by less than four percent from 2012 to 2013 and 37 percent of cities actually reduced their property taxes; and WHEREAS, that means property owners in at least 669 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 2012 and 2013, 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 CORPUS CHRISTI, TEXAS: 1. That all of the above recitals are true and correct; 2. That the City Council of the City of Corpus Christi,Texas, is OPPOSED to the legislative imposition of a revenue cap and legislative interference with local services; and 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 legislature's failure to address the problem of school funding. 0304 .49 INDEXED PASSED AND APPROVED this 14: day of Ina-0\J , 2015. ATTEST: THE CITY OF CORPUS CHRISTI 1-212-1Z,OCX-e, )A-1 Rebecca Huerta Nelda Martin City Secretary Mayor Corpus Christi, Texas Corpus Christi, Texas The above resolution was passed by the following vote: Nelda Martinez (L Carolyn Vaugha/n Brian Rosas C Lucy Rubio Af-' Colleen McIntyre 4 Rudy Garza Cy Chad Magill &luxL Lillian Riojas ( ty Mark Scott ar, 031) 449