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HomeMy WebLinkAboutCity Council-Minutes-8/11/2009-- City of Colleyville `~- Agenda Special City Council Meeting City Hall 100 Main Street Colleyville, Texas 76034 817. 503.1000 vvww.colleyville.com Tuesday, August 11, 2009 6:45 PM City Council Chambers 1. CALL TO ORDER 2. RESOLUTION(S): READING AND PUBLIC HEARING 2a R-09-3127 Canvassing the results of the Special Election held August 1, 2009, to fill an unexpired term for Councilmember, Place 2 2b R-09-3128 Approval of a proposal to set the ad valorem tax rate for Fiscal Year 2010 at $.3559 per hundred dollars of valuation 3. ADJOURNMENT: I hereby certify the above agenda was posted on the bulletin boards at City Hall on Friday, August 7, 2009, by 5:00 Cynthia Singleton, TRMC, CMC City Secretary Any matter on this agenda may, at the discretion of the governing body, be opened for public comment and discussion. If you plan to attend this public meeting and have a disability that requires special accommodations, please advise the City Secretary at least 48 hours in advance at 817.503.1133, and reasonable accommodations will be made to assist you. --- City of Colleyville Page 1 Printed on 8/5/2009 City of Colleyville City Hall -.~, _: ~p~. 100 Main Street `~"~'`~~~~~ City Council Minutes CoIle81i~e503.1000 034 ~~~~~~~ www.colleyville.com Special City Council Meeting Tuesday, August 11, 2009 6:45 PM City Council Chambers The special meeting of the Colleyville City Council was called to order by Mayor David Kelly on August 11, 2009, at 6:46 p.m. ROLL CALL: Councilmembers Carol Wollin, Stan Hall, Tom Hart and Mike Taylor were present. Mayor David Kelly, City Manager Jennifer Fadden, Assistant City Manager Kelly Cooper, Finance Director Terry Leake, Economic Development Director Marty Weider, Colleyville Center Manager Lin Przybyl, Library Director Mary Rodne, Interim Community Development Director Ron Ruthven and City Secretary Cynthia Singleton were also present. Mayor Pro Tem Jon Ayers was absent. 2. RESOLUTION(S): READING AND PUBLIC HEARING 2a R-09-3127 Canvassing the results of the Special Election held August 1, 2009, to fill an unexpired term for Councilmember, Place 2 Mayor Kelly read Resolution R-09-3127 in its entirety. Mayor Kelly opened the public hearing. There was no one present wishing to speak concerning this item and Mayor Kelly closed the public hearing. Councilmember Taylor moved to approve Resolution R-09-3127. Councilmember Wollin seconded the motion. The motion carried by the following vote: Aye: 5 -David Kelly, Carol Wollin, Stan Hall, Tom Hart, Mike Taylor Absent: 1 -Jon Ayers 2b R-09-3128 Approval of a proposal to set the ad valorem tax rate for Fiscal Year 2010 at $.3559 per hundred dollars of valuation Mayor Kelly read Resolution R=09-3128 in its entirety. City of Colleyville Page 1 Printed on 9/2/2009 Special City Council Meeting City Council Minutes August 11, 2009 Finance Director Terry Leake stated the City has complied with the requirements of Chapter 26, Texas Property Tax Code, which requires taxing entities to perform an effective tax rate calculation. The Fiscal Year 2010 (FY 2010) effective tax rate is $.3643371. The proposed rate for FY 2010 is lower than the effective rate, and the adoption of this resolution provides information to the citizens of Colleyville as to the intention of City Council to set the tax rate of $.3559 per hundred dollars of valuation for FY 2010. This tax rate will be presented to the City Council for the first reading on September 1, 2009 and the second reading, September 15, 2009. The tax rate is unchanged from FY 2009 and the tax rate has been in effect since FY 2008. Mayor Kelly opened the public hearing. There was no one present wishing to speak concerning this item and Mayor Kelly closed the public hearing. Finance Director Leake stated the FY 2010 effective tax rate calculation sets the debt rate for the City and the debt service tax rate for FY 2010 is set by the calculation at $.057262. The remainder of the tax rate is the operations and maintenance rate. This is used to provide services such as police, fire, streets, library and parks and the remainder of that tax rate is $.298638. Ms. Leake further stated, many citizens received information about the residential valuation and, in some cases, the valuation was slightly higher or lower and some cases remained the same. Tarrant County Appraisal District does a calculation of~all of the residences within the Colleyville city limits and the average valuation for 2009 was $391,133 and the average residential value for FY 2010 is $398,957. The difference between those two values is a tax adjustment of $27.85. This approximates to $.08 per day to citizens. The principal driver to the increase in average property value is higher permit values for new residential constructions with the average value of new homes constructed in the assessment period at almost $500,000. Councilmember Taylor moved to approve Resolution R-09-3128. Councilmember Hart seconded the motion. The motion carried by the following vote: Aye: 5 -David Kelly, Carol Wollin, Stan Hall, Tom Hart, Mike Taylor Absent: 1 -Jon Ayers City of Colleyville Page 2 Printed on 9/2/2009 Special City Council Meeting City Council Minutes August 11, 2009 Councilmember Hart stated for clarification the first Whereas section in Resolution R-09-3128 states ...pursuant to Section 26.04...... and it was read Section 24.06. Councilmember Taylor stated the City is not raising the tax rate; it is staying the same. The City will be bringing in more money at that tax rate, which creates the effective tax rate. Finance Director Terry Leake stated the effective tax rate for this fiscal year is calculated on the amount of taxes the City collected in FY 2009, which is what is needed from those existing properties to raise that same amount of revenue. Based on the timing of appeals that were with Tarrant Appraisal District, the valuation of existing property on the roll is down slightly. The increase in valuation truly came from the new construction that was on the roll. So, the effective tax rate is actually higher than the proposed tax rate. Councilmember Taylor commended the City Manager and staff for excellent fiscal management of the budget and stated, as a result, the tax rate is not increased. 3. ADJOURNMENT: There being no further business before the City Council, Councilmember Hall moved to adjourn. Councilmember Hart seconded the motion. The motion carried by the following vote: Aye: 5 -David Kelly, Carol Wollin, Stan Hall, Tom Hart, Mike Taylor Absent: 1 -Jon Ayers Mayor Kelly adjourned the meeting at 6:57 p.m. APPROVED BY A VOTE OF ~_ AYES, NAYS AND C7 ABSTENTIONS ON THIS THE / St' DAY O 09. Minutest en and prepared y: Cynthia Singleton, TRMC, C City Secretary City of Colleyville Page 3 Printed on 9/2/2009