11.
Road District
- Meeting Date:
- 09/16/2025
- Title:
- Fiscal Year 2026 Tax Rate - Somerset Hills #3
- Submitted For:
- Ganae Hempe
- Submitted By:
- Ganae Hempe, County Auditor
- Department:
- County Auditor
Information
Agenda Item
Discuss, consider, and take appropriate action regarding the adoption of the 2025 tax rate for Somerset Hills Road District #3 for tax year 2025.
Background
The current tax rate (fiscal year 2025) 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 $623,470. Attached is a letter from Garry Kimball, financial advisor, that gives the highlights of the assessed valuation.
Fiscal Impact
| From/To | Acct No. | Description | Amount |
|---|
Attachments
Form Review
| Inbox | Reviewed By | Date |
|---|---|---|
| County Judge Exec Asst. | Delia Colon | 09/02/2025 04:11 PM |
- Form Started By:
- Ganae Hempe
- Started On:
- 08/29/2025 04:20 PM
- Final Approval Date:
- 09/02/2025