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Road District 5.           Meeting Date: 09/01/2020   Fiscal Year 2021 Tax Rate - Pearson Place Submitted For: Melanie Denny Department: County Auditor

Information Agenda Item Discuss and take appropriate action to include a record vote on a proposed tax rate for Pearson Place Road District for tax year 2020. Background The current tax rate (fiscal year 2020) for the district is $0.1100.  In order to meet the debt service obligations of the district it is being recommended that a tax rate of $0.1000 be adopted to meet the debt service budget of $332,980.  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 Pearson Place Road District.

Fiscal Impact From/To Acct No. Description Amount

Attachments Pearson Place Tax Rate Letter Pearson Place Road District Tax Rate Order

Form Review Inbox Reviewed By Date County Judge Exec Asst. Andrea Schiele 08/26/2020 04:06 PM Form Started By: mdenny Started On: 08/23/2020 05:45 PM Final Approval Date: 08/26/2020