Tuesday, August 9, 2011 (Agenda)
Northwest Travis County Road District No. 3

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>> > good afternoon.
let's call to order the northwest road district.
one action, consider and take appropriate action on recommended maximum tax rate.

>> we have looked at the certified taxable roll.
you actually had a slight decrease in that road district net taxable value from 397 million to 393 million.
the current tax rate on that road district is 14.5 cents per hundred valuation.
and your financial adviser and p.b.o.
recommend that in order to cover most of the debt service in that road district that you set the maximum tax rate at 15.5 cents this year to help off set the reduction in the net taxablable value.

>> so moved.

>> second.

>> motion and second to follow the staff recommendation of maximum tax rate at 15.5 cents.
then there's the budgeted and that's --

>> these are proposed budgets and you will have the adopted budget before you in September when we adopt the Travis County budget.

>> so don't worry about taking action on the proposed budget today?

>> you can.
you can accept it.
it does tie into the 15.5% maximum.
you could change it in September if you would like.

>> does the motion cover both today?

>> yes.

>> second?
discussion on the motion?
it does cover both.
all in favor?
that passes by unanimous vote.
Commissioner Davis temporarily off the dais.

>> move we adjourn.

>> second.

>> all in favor?
that carries by unanimous vote.

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