Water District Truth in Taxation Notices, Effective Tax Rate Calculation, and

Staff Report & Agenda Item Details

Water District Truth in Taxation Notices, Effective Tax Rate Calculation, and Meeting/Hearing Schedule. Mr. Marez presented a proposed Truth in Taxation Meeting/Hearing Schedule for the Board’s review in order to confirm that a quorum will be available for the necessary meetings and public hearing. In order to avoid the expense of Nueces County sending out separate tax statements for STWA, they must receive STWA'’s tax information by the County’s September 10* deadline. The following schedule was provided to the Board: Date Event Action June 30, 2026 Board Meeting Agree on calendar & confirm quorums July 25, 2026 CADs deliver rolls Staff calculates ETR. August 4, 2026 Board Meeting Board votes on proposed rate & sets hearing date/time, approves sending proposed budget to wholesale customers August 5, 2026 Staff prep Proposed budget is sent to wholesale customers for 30-day written comment period Aug 9—Sep 7 30-day comment period | Wholesale customers review & provide written comments on proposed budget Aug 27 and 30, Publish newspaper Publication occurs 7 days before hearing 2026 notices September 8, 2026 | Public Hearing followed | Board adopts tax rates, water rates and by Board Meeting Handling Charge September 10, Nueces County Tax Failure to submit tax rates could result in 2026 Collector Deadline STWA paying for separate tax bill mail-out No changes were requested by the Board. Mr. J. Morales made a motion to approve the sch