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HomeMy WebLinkAboutSouth_Georgetown_TIRZ_Board_Agenda_9_24_2015_1288Notice of Meeting for the South Georgetown TIRZ Board of the City of Georgetown September 24, 2015 at 3:30 PM at Georgetown Municipal Complex Williamson Room, located at 300-1 Industrial Avenue, Georgetown, TX The City of Georgetown is committed to compliance with the Americans with Disabilities Act (ADA). If you require assistance in participating at a public meeting due to a disability, as defined under the ADA, reasonable assistance, adaptations, or accommodations will be provided upon request. Please contact the City at least four (4) days prior to the scheduled meeting date, at (512) 930-3652 or City Hall at 113 East 8th Street for additional information; TTY users route through Relay Texas at 711. Legislative Regular Agenda A Overview of the 2015/16 Financial Report - Micki Rundell, Chief Financial Officer CERTIFICATE OF POSTING I, Jessica Brettle, City Secretary for the City of Georgetown, Texas, do hereby certify that this Notice of Meeting was posted at City Hall, 113 E. 8th Street, a place readily accessible to the general public at all times, on the ______ day of __________________, 2015, at __________, and remained so posted for at least 72 continuous hours preceding the scheduled time of said meeting. ____________________________________ Jessica Brettle, City Secretary Page 1 of 3 City of Georgetown, Texas South Georgetown TIRZ Board September 24, 2015 SUBJECT: Overview of the 2015/16 Financial Report - Micki Rundell, Chief Financial Officer ITEM SUMMARY: This report satisfies state reporting requirements. FINANCIAL IMPACT: N/A SUBMITTED BY: Micki Rundell, Chief Financial Officer ATTACHMENTS: Description Type 2015-16 Financial Report Backup Material Page 2 of 3 SOUTH GEORGETOWN TAX INCREMENT REINVESTMENT ZONE 2015/16 Financial Report 9/3/2015 Base Value (Jan 1, 2014) 21,374,069$ Value (Jan 1, 2015) 36,958,279$ Tax Incremental Value 15,584,210$ 2015 Tax Rate/per $100* 0.43400$ REVENUE TO TIRZ 67,635.47$ Tax Incremental Historical Revenue/ Reconcilement Rate Value 2014/15 -$ 0.434 0 Interest Cummulative -$ TIRZ Funds Earned -$ 2015/16 Estimated Revenue 67,635.47$ 0.43400$ 15,584,210$ Projected TIRZ Fund Balance 09/30/16 67,635.47$ L:\Division\finance\budget\15_16\Tax Calc\TIRZ 2015 8.15.xlsxPage 3 of 3