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HomeMy WebLinkAboutMn 09-14-06 98 MINUTES #2620 CITY COUNCIL MEETING CITY OF UNIVERSITY PARK, TEXAS CITY HALL COUNCIL CHAMBERS THURSDAY, SEPTEMBER 14,2006,5:00 P.M. Mayor Blackie Holmes opened the meeting. Present were Mayor Pro Tempore Harry Shawver, Councilmembers Syd Carter, Kelly Walker and Jerry Grable. Also in attendance were City Manager Bob Livingston, City Attorney Rob Dillard and City Secretary Nina Wilson. Boy Scout Michael Manigold introduced himself and stated he was working on his Communications Merit Badge. MAIN AGENDA PUBLIC HEARING ON PROPOSED FY2007 BUDGET AND PROPOSED PROPERTY TAX RATE: On August 22, council directed staff to make modifications to the budget. The proposed FY07 rate, which includes the HPISD requests, is $0.29272, a 5.45% reduction from last year's adopted rate of $0.30958. The average single-family home in University Park would pay $129 more in taxes than last year, compared with $92 more than last year, if the HPISD requests are excluded. The effective tax increase would rise from 1.34% to 3.1%. Texas statutes require that cities provide notice and hold public hearings before adopting an annual budget and property tax rate. Mayor Holmes opened the public hearing. Since there was no discussion, Mayor Holmes closed the public hearing. Mayor Holmes then moved that a motion to adopt the new tax rate be placed on the September 26, 2006 agenda. Councilmember Grable seconded, and the vote was unanimous to adopt the new tax rate at the September 26 city council meeting. There being no further business, Mayor Holmes adjourned the meeting into an Executive Session to seek confidential legal advice from the City Attorney under Section 551.071 of the Government Code. PASSED AND APPROVED this 26th day of September 2006. ATTEST: