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
| From/To | Acct No. | Description | Amount |
|---|
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