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COMMISSIONERS' COURT CONVENED IN A PUBLIC HEARING ON THE
PROPOSED TAH RATE INCREASE on Tuesday, September 25, 1990 at
10:00 o'clock A. M. with all officers present except County
Judge Edwards. Chairman Pro Tem Baldwin :-.haired the hearing.
The following people were present at the public hearing:
Dorothy Hilburn, County Treasurer
Paula Rector, County Tax Assessrr-Collector
Stan Reid, Assistant County Attorney
Patricia Uye, County Clerk
Bill Stacy, County Judge Elect
Tommy Tomlinson, County Auditor
Margaret Edmondson, Kerrville Daily Times
John P. Edson, Member of the Public
Commissioner Baldwin ask Mr. Stacy what he would suggest as a
businessman, would be the minimum to keep in surplus as
operating capital. Mr. Stacy said any business should have
six months operating capital.
Mr. "Comlinson said he did not disagree, but a government
entity's revenue is less volatile than a business. The
County has less problem with the taxpayer paying than a
business would have with a creditor. Therefore, he would
-. recommend ninety (90) days be a minimum. Mr. Tomlinson took
the 1990--1991 budget: expenditures and applied an inflation o£
2% to project the County would need a balance of
51,140,000.00 at the end of 1990-1991 to meet the minimum of
ninety (90) days operating capital to start the 1991-1992
budget.
Commissioner Ray said the tax rate proposed by the County
Judge o£ .2979 would leave a balance of S975,189.00, which
would be 5164,811.00 short of the balance recommended by the
County Auditor. Commissioner Ray's tax rate proposal of
.2570 would leave a balance of 51,103,206.00, which would be
short of tY,e recommended balance by 536,794.00.
The increase is r,ot there to build a big surplus, but to keep
from spending out o£ surplus. Commissioner Morgan said he
goes along with the Auditor and feels we need the ending
balance of 51,103,206.00 for three months operating capital
and agrees with Commissioner Ray's tax rate of .2570.
Commissioner Baldwin said we need to take politics out of the
budget planning and use the advice of the County Auditor. He
agrees with Commissioner Morgan and Commissioner Ray.
Commissioner Holekamp also agrees and said if we use to much
of the reserve we will be in trouble later on. We need to
provide a sound financial bases for the County to operate.
'"" The Public Hearing on the tax rate increase adjourned at
11:45 o'clock A. M.
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