ORDER NO. 30519 KT~KR COUNTY 2007 TAX RA1,1? Came to be heard this the 10th day of September, 2007, with a motion made by Commissioner Baldwin, seconded by Commissioner Willian~is. "hhe Court unanimously approved by vote of 5-0-0 to: Set the proposed tax rate for the 2007 year in Kerr County, the total rate be 38.96 cents per 100, and o~ that suns 3.04 cents is Road & Bride, and 35.9? cents if General Fund and M & O, which includes within it debt service oT 4.8 ~ cents. Approved by a record vote as follows: Commissioner Baldwin -Aye Commissioner Williams -Aye Commissioner I.Ct'L - Aye Commissioner Oehler -Aye Judge Tinley -Aye 5 Ayes, 0 Noes ~o~~~ ~ i ~ ~os~ ~ COMMISSIONERS' COURT AGENDA REQUEST PLEASE FURNISH ONE ORIGINAL AND TEN (10) COPIES OF THIS REQUEST AND DOCUMENTS TO BE REVIEWED BY THE COURT MADE BY: Judge Tinley MEETING DATE: September 10, 2007 TIME PREFERRED: SUBJECT: Consider, discuss and approve by record vote the proposed Kerr County 2007 Tax Rate and set date, time and place of first and second Public Hearings on such tax rate. EXECUTIVE SESSION REQUESTED: (PLEASE STATE REASON) NAME OF PERSON ADDRESSING THE COURT: Judge Tinley ESTIMATED LENGTH OF PRESENTATION: IF PERSONNEL MATTER -NAME OF EMPLOYEE: Time for submitting this request for Court to assure that the matter is posted in accordance with Title 5, Chapter 55? and 552, Government Code, is as follows: Meeting scheduled for Mondays: THIS REQUEST RECEIVED BY: THIS RQUEST RECEIVED ON: OFFICE: County Judge 5:00 PM previous Tuesday @ .M. All Agenda Requests will be screened by the County Judge's Office to determine if adequate information has been prepared for the Court's formal consideration and action at time of Court Meetings. Your cooperation will be appreciated and contribute towards your request being addressed at the earliest opportunity. See Agenda Request Rules Adopted by Commissioners' Court. ~_. ,ems: i; ~_.. ,~..__~~~_~.._~,_~._..___. _ rt d -~~~'~ i h Notice of Public Hearing on Tax e a repo t ifYs Office w w' ~blectrerusedmedicalservice t _ Q I n e yeas e tsported td hosprol bya friend tree pugust3t ~o~~esce. aoo the following expenditure categories: Maintenance and: operations 4.730000 % increase or % (decrease) 610000 % decrease) Kerrville, TX ~8o2a= aso-7s2-2loo Debt service % increase or -3. Total expenditures. 4.340000 % (increase` or %°decrease) dawn:cduum@morganstamey.corn • ~ d V I nd Total Taxable Value Tax laws are comply and strbj«t ro h~ g This informadon to baced aeon c°mettt fedenlraz rulm in edecr as the tlmethia was written. Snaky and la-Flaanaal Advtaon do.not-provide ru or legal ~forgaa R . advice, ahd do mt,by'providivg. this information, hold themselves out n be'ftduduir~' ofyo°r tasdeferrccl plans. limn ahotild always ' deck with dieit rya o~ legal advisor baton engaging in any transaction - awlvl"vg IRAs or other tax-sdvantaged~inwxtmmtc. ~ P fnvesunenn and scrviora ate nffered..th[ough ~.; ~. Morgan Smnley & Co. Incorponoed~,memba SI'FC. D 2007 Morti'an.Stanley ~.99 : SZ~:99 Walker Jim Red', ; Beam StskA . ganrbm 1.751c. 1.751tr. 69° fiD° _ .~ 145,99 539.99 533.99 s25.ss 5alua H~iredure eef9etep 5kyy ~B6o 950mL9p° ... I.~SVRtr.9d ..... L751ir~81 V 21'~ $19.99 59.99 S19.99 ~. fu~'r ~ Ce~_disn Make~a Merk Wfser's ~ Bsur6mr 3 GroAm ss,~.5st _.i?s..... ~soml.sw _. uslo-ao^ ..... :... $19.99 51'].99 St)'].99 516.99 srcaE9er Saareslry Jeek DenieYs Tezes Spirit iC ~l~ : us~"i,T`sao^. 7~aaBOry _t~n~.s~w... Gordan s Castillo KehlBa Cordon's t75tiv~° r.~sna".ew crr..t t'aAu ?sa~:+o^ ~ l~slo-.eo^. CZ. ~ * * ePh ~2d ~nPJ *°'{Ir .~ s 6amssuc • 12pkq....___.._..-.. $9.99 am E*ds Import - 6pks. btls.........°....... $5.99 maAsat.Oom 6pkahtls._._$65B . IIBaeCld9$helsdaStyle 6pkshtls $559.- aekmi Chtrrd 756 ml .__ _$a.99 9~ier Widte litrfegdel • L5$r.. X59 trk'$euv6lent 756m1._......$759 Jsdot6esujvlsie•illeges-75am1 _..:$959 ihlClisrd7Ne~ict-151tr.__.S73i~' 'YaletaleYAssorted•Wine-750m1. Total Appraise a ue a as Calculated under section 26.04, Tax Code' :Preceding Tax Year Current Tax Year Total appraised value" of all property Total appraisedvalue* of new property** $3,082,853,747 $94,626,724. $3,504,149,734 $1:14,661,931. Total taxable value*** of all property Total taxable value*"" of newproperty** $2,229,929,631 $94,626,724 ,$3,310,645,439 $113,729,349. Bonded Indebtedness otal amount of outstanding and unpaid bonded indebtedness: $4,609,891 Tax Rates Adopted tax rate for the preceding tax year $0.389600 per $100 in value Proposed tax rate for the current tax year $0.389100 per $100 in value Difference in the proposed tax rate and the , ' adopted tax rate for the preceding tax year $0.000500 per $100 in value Percehtage increase or decrease in the % Increase ..proposed tax rate and. the adopted tax OR rate.-for the preceding tax year 0.128337 % Decrease These tax rate figures are not adjusted for changes In the taxable value of property. * "Appraised value" is the amount shown on the appraisal roll and defined by Section 1.04(8), Tax Code. ** "New property" is defined by Section 26.012(17), Tax Code. *** "Taxable value",is defined bySecfion 1.04(1-0), Tax Code. ' Comparison of Residence Homestead Values Average appraised and taxable. values on residence homesteads are compared from the preceding tax year and the current tax year. Preceding TaxYear Current Tax Year Average residence homestead appraised value- $120,226. $132,506 Homestead exemption amount for. the taxing unit (excluding speci $o xemptions for persons 65 $o rs of age of older or disabled) Average taxable value of a residence homestead (excludingj20 226exemptions for persons 65~y32,506 ge o older or disabled) $ Comparison of Residence Homestead Taxes The taxes that would have been imposed in thepreceding tax year on a residence homestead at the average appraised value .(excluding special exemptions for person 65 years of-age or older or disabled) are`estimated be.$468. The taxes that would be imposed in the current tax year.onlhe-residence homestead appraised at tt average appraised value in the current ax yeas (excluding special exemptions for person 65 years of age or older or disabled), if the proposed tax sate is.adopted, are estimated to be $516. The difference between the amount of the taxes on the average resid"once homestead to the current tax year, if the proposed tax rate is adopted, and the preceding tax year, wouldPbe an increase of $48 of taxes. T:Ii[Il"LII[KI