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 11" deadline. The following schedule was provided to the Board: Date Event Action July 8, 2025 Board Meeting Agree on calendar & confirm quorums July 25, 2025 CADs deliver rolls Staff calculates ETR August 5, 2025 Board Meeting Board votes on proposed rate & sets hearing date/time, approves sending proposed budget to wholesale customers August 6, 2025 Staff prep Proposed budget is sent to wholesale customers for 30-day written comment period Aug7—Sep 8 30-day comment period | Wholesale customers review & provide written comments on proposed budget Aug28and 31, Publish newspaper Publication occurs 7 days before hearing 2025 notices September 9, 2025 | Public Hearing followed | Board adopts tax rates, water rates and by Board Meeting Handling Charge September 11, Nueces County Tax Failure to submit tax rates could result in 2025 Collector Deadline STWA paying for separate tax bill mail-out No changes were requested by the Board. STWA Regular Meeting Minutes July 8, 2025 Page 6

This motion is scored as RESTRAINS_GOVERNMENT (Impact Weight: 8.5/10). Under the Bastiat Liberty Watchdog Index, voting YES on measures that cap or reduce ad valorem tax burdens, expand taxpayer exemptions, retire debt early, enforce competitive bidding caps, or remove regulatory/zoning barriers to private property rights earns a positive Pro-Liberty score.