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 12th deadline. The following schedule was provided to the Board: Date Event Action July 2, 2024 Board Meeting Agree on calendar & confirm quorums July 25, 2024 CADs deliver rolls Staff calculates ETR August 6, 2024 Board Meeting Board votes on proposed rate & sets hearing date/time, approves sending proposed budget to wholesale customers August 7, 2024 Staff prep Proposed budget is sent to wholesale customers for 30-day written comment period Aug 8-Sep 9 30-day comment period Wholesale customers review & provide w1itten comments on proposed budget Aug 24 and Sep 3, Publish newspaper Publication occurs 7 days before hearing 2024 notices September 10, Public Hearing followed Board adopts tax rates, water rates and 2024 by Board Meeting Handling Charge September 12, Nueces County Tax Failure to submit tax rates could result in 2024 Collector Deadline STWA paying for separate tax bill mail-out Mr. Morales made a motion to approve the schedule. Ms. Lowman seconded. All voted in favo

This motion is scored as RESTRAINS_GOVERNMENT (Impact Weight: 8.6/10). 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.