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Road District
Meeting Date:
08/16/2016
Title:
Fiscal Year 2017 Tax Rate Recommendation
Submitted For:
Melanie Denny
Submitted By:
Tomika Lynce, County Auditor
Department:
County Auditor

Information

Agenda Item

3.  Discuss and take appropriate action to include a record vote on a proposed tax rate for Avery Ranch Road District for tax year 2016.

Background

The current tax rate (fiscal year 2016) for the district is $.0975. The effective rate, as calculated by the Tax Collector for fiscal year 2016, is $.091893.In order to meet the debt service obligations of the district it is being recommended that a tax rate of $.08801 be adopted to meet the debt service budget of $1,272,600. Attached is a letter from Garry Kimball, financial advisor, that gives the highlights of the assessed valuation and the recommendation for the rate; and an order levying taxes for the Avery Ranch Road District No. 1 for the tax year 2016.

Fiscal Impact

Attachments

Form Review

Inbox Reviewed By Date
County Judge Exec Asst. Rebecca Clemons 08/10/2016 11:04 AM
Form Started By:
tomika.lynce
Started On:
08/09/2016 03:50 PM
Final Approval Date:
08/10/2016