Loading...
HomeMy WebLinkAboutCC 2007-08-30 Minutes MINUTES OF SPECIAL MEETING OF THE CITY COUNCIL OF THE CITY OF NORTH RICH LAND HILLS, TEXAS, HELD IN THE CITY HALL, 7301 NORTHEAST LOOP 820 - AUGUST 30, 2007 A.O CALL TO ORDER Mayor Trevino called the Special meeting to order August 30,2007 at 6:00 p.m. ROLL CALL Present: Oscar Trevino Suzy Compton John Lewis Ken Sapp Tim Barth David Whitson Scott Turnage Tim Welch Mayor Mayor Pro Tem / Council Place 3 Council Place 1 Council, Place 2 Council, Place 4 Council, Place 5 Council, Place 6 Council, Place 7 Staff: Larry J. Cunningham Ogden Bo Bass Patricia Hutson George Staples City Manager Assistant City Manager City Secretary Attorney A.1 INVOCATION Councilman Sapp gave the invocation. A.2 PLEDGE OF ALLEGIANCE Councilman Sapp led the pledge of allegiance. PUBLIC HEARINGS B.1 GN 2007-073 CONDUCT PUBLIC HEARING ON PROPOSED TAX RATE Mayor Trevino announced this was a public hearing on the proposed tax rate for Fiscal Year 2007-2008. The Council will vote on the proposed rate at the September 10, 2007, 7:00 p.m. Regular Council meeting to be held in the North Richland Hills City Council City Council Minutes August 30, 2007 Page 2 Council Chambers. Mayor Trevino opened the Public Hearing on the proposed tax rate for Fiscal Year 2007-2008. Mr. Drew Corn, Budget Director, presented a PowerPoint presentation, giving an overview of the proposed tax rate. Mr. Corn highlighted the history of the net taxable values, a breakdown by tax year of appraised values, changes in property value, proposed property tax rate and property tax revenues and the effect of the property tax rate on single family residential. The proposed tax rate for Fiscal Year 2007-2008 is 57 cents. If adopted, the 57 cents tax rate will have been maintained for 15 consecutive years. Mr. Corn advised the effective tax rate of 56.4932 cents is the property tax rate necessary to produce the same amount of property tax revenues as the prior year. Because the proposed rate is higher than the effective tax rate, two public hearings are required. The first public hearing was held on August 27. Mayor Trevino asked for public comments on the proposed 57 cent tax rate. There being no one wishing to speak, Mayor Trevino closed the public hearing. Mayor Trevino announced that the Council will vote on the proposed tax rate at the regular 7:00 p.m. Council meeting on September 10, 2007. C.O ADJOURNMENT Mayor Trevino adjourned the meeting at 6:05 . . ;X.."\v:..\\~~\\\\m\\!'iI!lilh <,~~. ~ L' ·;IIIII/,. ~Ñ~~:·::·..·:~·\.~ bll~ ;':"~.)...a.· .... ~ dt~~~ ~2Iff.l~ia HLhoJi~ty Secretary ~, -( ....... ...····À+ ~ ~ -</...;............ S"<.t "-~ II'!. v * <:» '~/i!111 ' &.~~~,. 111111I1!11\\\\\\W¡'''''\~