Title
Conduct a public hearing and consider adopting a 57.31-cent property tax rate and take appropriate action.
Body
DISCUSSION:
A public hearing is being held to consider adopting a 57.31-cent property tax rate for the 2013fiscal year. In compliance with the State Property Tax Code, the City Council passed a motion during the August 6, 2013 City Council meeting proposing that the City adopt a 57.31-cent property tax rate. No tax rate was adopted at that meeting. Two public hearings regarding this proposal were scheduled: One hearing was held on August 20, 2013 and one is being held tonight (September 3, 2013). A public budget workshop was held on Saturday, August 24, 2013. Final property tax rate adoption is scheduled to take place at the City Council meeting on September 17, 2013 at 6:30 p.m. The meeting will be held at City of Farmers Branch, City Hall, located at 13000 William Dodson Parkway, Farmers Branch, Texas 75234.
No other City Council action is required on this item tonight.
The following procedure is recommended:
- Mayor will open hearing.
- Comments will be heard from citizens.
- Hearing will be closed.
- City Council discussion.