| Article Details | Notice of Public Hearing on Tax Increase
AGENDA
CITY OF HONEY GROVE
CITY COUNCIL PUBLIC HEARING
4:30 P.M. THURSDAY AUGUST 26, 2010
HONEY GROVE CITY HALL - 2ND FLOOR
Public hearing to hear citizen’s comments for proposed:
1. 2010-2011 property tax rate of .8250/$100.00. (Maintenance and Operations Rate will be .4235 and Interest and Sinking Debt Rate will be .4015).
2. 2010- 2011 Budget
1. Call to Order
2. Roll Call
3. Invocation
4. EXECUTIVE SESSION:
Executive Session to be conducted in accordance with the Open Meeting Act, as authorized by the Texas Government Code, Section 551.074 Personnel Matters. Shall any vote be required it shall be made at the open meeting covered by the notice upon reconvening from executive session.
Discussion regarding annual performance reviews for the City Secretary, the Chief of Police and the Director of Public Works.
The Council adjourned to Executive Session at___________p.m.
The Council returns to Open Meeting at ____________p.m.
5. COUNCIL BUSINESS – OPEN SESSION:
Consider and take action on any and all matter relating to matters discussed in Executive Session, as necessary.
(a). Office of the City Secretary – annual performance review
(b). Office of the Chief of Police – annual performance review
(c). Office of Public Works – annual performance review
6. New Business:
(A). Budget Workshop to discuss and take necessary action on the 2010-2011 operating Budget.
7. Adjourn
This is to certify that I, Jaci Garner, posted this Agenda on the bulletin board and on the glass front and back doors of the City Hall in Honey Grove, Texas by 5:00 p.m. on the 20th day of August, 2010.
Jaci Garner
City Secretary
This facility is wheel chair accessible and accessible parking spaces are available. Persons with disabilities planing to attend this meeting and need assistance should contact the City Secretary at 378-3033 before 1:00 p.m. on the day of the meeting so that appropriate arrangements can be made.
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Notice of Public Hearing on Tax Increase
The City of Honey Grove will hold a public hearing on a proposal to increase total tax revenues from properties on the tax roll in the preceding tax year by -3.407095 percent (percentage by which proposed tax rate exceeds lower of rollback tax rate or effective tax calculated under Chapter 26, Tax Code). Your individual taxes may increase at a greater or lesser rate, or even decrease, depending on the change in the taxable value of your property in relation to the change in taxable value of all other property and the tax rate that is adopted.
The first public hearing will be held on August 26, 2010 at 4:30 p.m. at HONEY GROVE - CITY HALL.
The second public hearing will be held on September 1, 2010 at 4:30 p.m. at HONEY GROVE - CITY HALL.
The members of the governing body voted on the proposal to consider the tax increase as follows:
FOR: Alderman Lane, Alderman Beavers, Alderman Dixon,
Alderman Stephens
AGAINST: none
PRESENT and not voting: Mayor Harold Roberts
ABSENT: Alderman Weems
The average taxable value of a residence homestead in the City of Honey Grove last year was $55,243. Based on last year’s tax rate of $0.825000 per $100 of taxable value, the amount of taxes imposed last year on the average home was $455.75.
The average taxable value of a residence in the City of Honey Grove this year is $55,757. If the governing body adopts the effective rate for this year of $0.854100 per $100 of taxable value, the amount of taxes imposed this year on the average home would be $476.22.
If the governing body adopts the proposed tax rate of $0.825000 per $100 of taxable value, the amount of taxes imposed this year on the average home would be $460.00.
Members of the public are encouraged to attend the hearings and express their views.
* “Appraised Value” is the amount shown on the appraisal roll and defined in Section1.04 (8), Tax Code.
** “New Property” is defined by Section 26.012 (17), Tax Code.
*** “Taxable value” is defined by Section 1.04 (10), Tax Code.
Written By: bholcombDate Posted: 8/18/2010Number of Views: 263
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