Item 4C
Approve the annual interlocal agreement with Tarrant County to provide tax collection and assessment services for ad valorem taxes
Item 4C
Contract Provisions
Tarrant County has collected property taxes since 1982
Tarrant County collection fee $.90 per parcel;
First rate increase in 5 years
Estimated cost $11,500
Contract Provisions
Daily disbursements for collections in excess of $100 or the close of the month;
Allows the City to perform an audit of the County’s collection process;
Compliance with the Public Funds Investment Act.
QUESTIONS? Sharen Jackson 817-748-8042