HomeMy WebLinkAboutAgenda CC 08.18.2011 SpecialNotice of Meeting of the
Governing Body of the
City of Georgetown, Texas
AUGUST 18, 2011
The Georgetown City Council will meet on AUGUST 18, 2011 at 6:00 P.M. at Council Chambers at 101 E.
7th Street
If you need accommodations for a disability, please notify the city in advance.
Regular Session
(This Regular Session may, at any time, be recessed to convene an Executive Session for any purpose
authorized by the Open Meetings Act, Texas Government Code 551.)
A - Call to Order
SPECIAL SESSION TO BEGIN NO EARLIER THAN 6:00 PM
B Public Hearing on the proposed 2011 Property Tax rate included in the 2011/12 Annual Budget --
Micki Rundell, Chief Financial Officer
C - Adjourn
Adjournment
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 _________________, 2011, at __________, and remained so posted for at least
72 continuous hours preceding the scheduled time of said meeting.
__________________________________
Jessica Brettle, City Secretary
City of Georgetown, Texas
August 18, 2011
SUBJECT:
- Call to Order
SPECIAL SESSION TO BEGIN NO EARLIER THAN 6:00 PM
ITEM SUMMARY:
FINANCIAL IMPACT:
SUBMITTED BY:
Jessica Brettle, City Secretary
Cover Memo
Item # A
City of Georgetown, Texas
August 18, 2011
SUBJECT:
Public Hearing on the proposed 2011 Property Tax rate included in the 2011/12 Annual Budget -- Micki
Rundell, Chief Financial Officer
ITEM SUMMARY:
The Texas Tax Code requires the City Council to hold two public hearings on the proposed tax rate prior to
adoption if the proposed rate exceeds the current effective tax rate.
The 2011 proposed tax rate of $0.38750 exceeds the effective rate of $0.36901 by 5%. The increase is
attributed to additional debt service related to bond funded projects approved by the voters in November
2008.
An overview of the tax calculation and related General Fund revenue and expenditure information will be
provided at the August 9 workshop.
SPECIAL CONSIDERATIONS
These public hearings fulfill all the legal requirements for adoption of the City’s 2011 tax rate scheduled for
the Council meeting on August 23,2011.
FINANCIAL IMPACT:
SUBMITTED BY:
Cover Memo
Item # B
City of Georgetown, Texas
August 18, 2011
SUBJECT:
- Adjourn
ITEM SUMMARY:
FINANCIAL IMPACT:
SUBMITTED BY:
Jessica Brettle, City Secretary
Cover Memo
Item # C