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18.
Commissioners Court - Regular Session
Meeting Date:
01/23/2018
Title:
Tax benefit financing enrollment for 2017 and prior year renewals
Submitted For:
Gary Boyd
Submitted By:
Gary Boyd, Parks
Department:
Parks
Agenda Category:
Regular Agenda Items

Information

Agenda Item

Discuss, consider and take appropriate action regarding the Williamson County Regional Habitat Conservation Plan (RHCP), including but not limited to receiving report from Environmental Programs Director and approving enrollment of properties participating during the 2017 calendar year (any participation received on or prior to 12/31/17) into the tax benefit financing plan for tax year 2017 and re-enroll prior year participating properties. 

Background

The county's Regional Habitat Conservation Plan (RHCP), approved in 2008, provides for a portion of the increase in tax valuation for properties enrolled under the county's 10(a) incidental take permit with the US Fish and Wildlife Service to be directed to the Williamson County Conservation Foundation (WCCF) as the county’s contribution for the acquisition, maintenance and monitoring of endangered species habitat in the county. Under the RHCP a calculation is made using a base enrollment period. The taxable value of the base enrollment period is determined and a percentage – 15% as defined in the RHCP – of the increase in value in future taxable years is calculated. That calculated taxable value percentage is applied to the county's then current tax rate for maintenance and operations and the resulting sum is attributed to the RHCP and directed to the WCCF investment corpus.

There is no increase nor decrease in taxes to participants/property owners. Once the defined financial goals of the HCP have been achieved then the allocation under this plan may be, but is not mandated to be, discontinued depending upon then existing conservation goals and requirements. The financial goal is primarily determined by the ability to maintain preserve properties (monitoring, maintenance, gain or accession and sustainment) in perpetuity and may be adjusted depending upon future conservation requirements of the RHCP.

Enrollment is on a year to year basis. Attached is the list of private party participants for 2017 and lists for prior year enrollments. 

The action needed is to enroll the 2017 participants and to re-enroll/extend the tax benefit financing for past years.

The WCCF Board on 1/17/18 took action similar to the following requested motion to recommend this action to Commissioners Court.

Requested motion: "Motion to approve the County's Regional Habitat Conservation Plan: 1) enrolling the 2017 participants in the tax benefit financing plan, and 2) to re-enroll/extend the tax benefit financing for past years as outlined in the County's Regional Habitat Conservation Plan."

Fiscal Impact

Attachments

Form Review

Inbox Reviewed By Date
County Judge Exec Asst. Wendy Coco 01/18/2018 09:16 AM
Form Started By:
gboyd
Started On:
01/11/2018 11:31 AM
Final Approval Date:
01/18/2018