Loading...
ccreg 09-07-1999 (2) . REGULAR MEETING OF THE CITY COUNCIL SEPTEMBER 7, 1999 The Schertz City Council convened in regular session on Tuesday, September 7, 1999 at 7:00 p.m. in the Municipal Complex Council Chambers, 1400 Schertz Parkway, Schertz, Texas. Those present were as follows: Mayor Hal Baldwin, presiding; Council members Pia Jarman; Joe Potempa; Reginna Agee; Glyn D. Williams and Ken Greenwald. Staff present were City Manager Kerry Sweatt; Comptroller L.J. Cott; and Deputy City Secretary Dolores Butler. Mayor Baldwin called the meeting to order and asked everyone to rise in the Pledge of Alligence. Following the Pledge, Mayor Baldwin asked everyone to remain standing for the invocation offered by Clark Sloneker, Minister of the Randolph Christian Church. . Mayor Baldwin welcomed Michael Spain, City Attorney, back after a recent illness. #1 PUBLIC HEARING: To receive citizen comments on a proposal to increase total tax revenues from properties on the tax roll by 14.70 percent. Mr. Sweatt noted this public hearing is called at City Council's direction, under terms of State law that dictates not only the wording, but the timing of this notice. Several people have questioned why, when we are recommending a tax rate that is lower than last year's rate, the notices imply the taxes are increasing and the public hearing is called on an increase by 14.70 percent. At this time slides were presented. The first slide indicates total assessed value. Starting in 1993 a total assessed value of $259 million. The 1994 total assessed value hit its lowest point in this period of time of measurement of $258 million. From that point on, the chart begins to take an upward swing running from $258 million to $312 million in 1995; $334 million in 1996 up to the 1999 number of $629 million. It is significant, when comparing the 1993 number, the major increase in the total assessed value in this community. When comparing $258 million to $629 million, we have almost doubled in that period of time. . -290- . The second slide depicts the actual tax rate ranging from the 1993 number of 0.4684 cents per $100 value up to 1994 of .04300 cents per $100 value; a decrease in 1995 of 0.4072 cents per $100 value; and in 1998 our tax rate was set at 0.3544 cents per $100 value. This year we are recommending a tax rate of 0.3455 cents per $100 value which amounts to 0.250% less than last year's rate even though the tax rate is called for a total tax revenue increase by 14%. We think those two values need to be taken together, and when you look at the total assessed value and continuing decrease in the tax rate, we believe you have been a good steward and have watched the ad valorem tax rate wisely. In calculating the tax rate, it is necessary to take last year's assessed taxable value, take the tax rate and compare the levy of last year to what the new total taxable value is and apply this year's tax rate, producing a new tax levy of a total of some $278,000 increased total taxes (14% increase). The next slide should make the figures more realistic - that is the total cost of taxes during each of these years. Assuming a $50,000 value on a home in 1993 the total taxes by the city would have been $234.20. In 1994 the amount went to $215., and in 1999, at the recommended tax rate, would be $172.79. We believe that is quite significant. Using those same tax rates applying the next group of values is a home valued at $75,000 ranging in 1993 from a total tax burden of $351.30 down to using this year's recommended rate would be $259.18. A $150,000 value the 1993 tax burden was $702.60 as compared to the 1999 tax burden of $518.36. These are illustrative of the effect of increased assessed value in the community as well as the ability of this city council to continue to take the tax rate down and provide a high level of service. . The last chart is simply a tabulation of those same numbers showing on the charts. At this stage we would be happy to answer any questions anyone may have. We are recommending the 1999 tax rate be set at 0.3455 cents per $100 value, as compared to last year's rate of 0.3544 cents per $100 value. It is our understanding that you will receive testimony and take no action tonight. The order of business will be that you will receive any and all testimony and answer any questions and at such point in time in . -291- . the future (set for September 15) City Council will consider setting the tax rate, then on September 21 for the budget schedule, consideration of adopting a budget and adopting a tax rate ordinance at that time. Mayor Baldwin opened the floor for any questions or comments. ADJOURNMENT: There being no questions Baldwin closed the public hearing at 7:12 p.m. Mayor ATTEST: . iJ~~~ Deputy City Secretary, City of Schertz . -292-