League City City Council on Tuesday voted 5-1, with Dennis OKeeffe opposed, to propose a 2012 property tax rate of $0.597 per $100 valuation.
The proposed rate reflects both a decrease from the 2011 tax rate of $0.61 per $100 valuation and this year’s effective tax rate of $0.615521 per $100 valuation. Adoption of the effective rate would draw revenues equal to the previous fiscal year.
The city council will consider formal adoption of the rate on September 25. As the tax rate exceeds neither the effective nor the rollback tax rate, which would trigger a tax election for voter approval of the rate, no public hearings will be held on the proposed rate prior to adoption.
The city council voted 5-1, with OKeeffe opposed, to adopt the FY2013 Budget on final reading.
The budget includes expenditures for the three major funds, the General Fund, Debt Service Fund, and Utility Fund, of $92 million, an increase of approximately $3 million compared to the city’s adopted FY2012 Budget.
Increases include larger debt payments for the early retirement of some of the city’s outstanding bonds and $500,000 in compensation increases for employees.
The city council voted 5-1, with Dan Becker opposed, to adopt the FY2013-2017 Capital Improvement Plan on second and final reading.
The city council voted unanimously to direct staff to proceed with property acquisition and acquire a right-of-entry for property as discussed during executive session.
The city council took no action regarding pending litigation in the case of Jornaleros de Las Palmas vs. City of League City, et al. The item was discussed in executive session.
All other items were approved by unanimous vote. Council Member Mike Lee was absent. Agenda Supplemental