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5.
Road District
Meeting Date:
08/20/2024
Title:
Fiscal Year 2025 Tax Rate - Somerset Hills #3
Submitted For:
Ganae Hempe
Submitted By:
Ganae Hempe, County Auditor
Department:
County Auditor

Information

Agenda Item

Discuss and take appropriate action to include a record vote on a proposed tax rate for Somerset Hills Road District #3 for tax year 2024.

Background

The current tax rate (fiscal year 2024) for the district is $0.2900. In order to meet the debt service obligations of the district it is being recommended that a tax rate of $0.2900 be adopted to meet the estimated debt service budget of $502,680.  Attached is a letter from Garry Kimball, financial advisor, that gives the highlights of the assessed valuation. 

Fiscal Impact

Attachments

Form Review

Inbox Reviewed By Date
County Judge Exec Asst. Becky Pruitt 08/14/2024 03:49 PM
Form Started By:
Ganae Hempe
Started On:
08/12/2024 02:40 PM
Final Approval Date:
08/14/2024