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Hays Free Press
Kyle, Texas
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September 8, 2010     Hays Free Press
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September 8, 2010
 

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NEWS Page 3A Hays Free Press September 8, 2010 -L-  Hays CISD approve $146.5 million budg6t SUBMFITED REPORT The Hays CISD Board of Trustees last week approved a $146.5 million budget for school year 2010-11, which represents an increase of about $5 million " over last year. The board also , approved a tax rate ($1.4613 per .... $100 valuation) to support the budget, which represents no in- iii. crease from last year's tax rate. District enrollment neared the 15,130-student mark, according ........ to Carter Scherff, deputy super- ..... intendent, reflecting an increase .... of 611 students over the same day last year. : David Castro, the district's new executive director for as- ' sessment and accountability, walked the school board through student accountability data, of- fering a unique perspective to the annu00 report. "The numbers surrounding accountability don't happen once a year," he told the School Board. "It happens daily. My vi- ',,, sion is that is where we're mov- ing with the data" I Castro noted that frith both state and federal accountability systems, the target is not static. "By state and fedral stan- dards, it really is not bout hit- ting targets, it's abou improv- ing,/' he said. He highlighted so e of the district's areas of growl a, includ- ing dosing the aclievement gap between students from the lower-income houselolds and other student groups. "In this last year, that gap has shrunk dramatically aerbss the district and I think that's reason for celebration," he sai d . Castro addressed the Texas Performance Measure (TPM), which "is adding sighificantly to our numbers,',' by saying the measure gauges' how strong the system is at supporting Students, the system's attempt Io match students' strengths." He said campuses n 2010- 11 will be targeting math and science with a focus On com- mended performance and an I Kyle Budget Continued from IJ. 1A the funds to pay off other items, he said. The revised annual budget stands at $54.6 million, withe , combined operating budget at $22.1 million, or 41 percent of the total. The first proposed an- nual budget was $56 million In " July. The budget, which has an em- phasis on the understaffed Kyie Police Department, includes at  least 10 new city job positions, ' withabout half of those jobs expanding the police force. The approved budget also includes about $200,000 in pay increases . for the police department. In previous budget work- -. shops, councilmembers spent ,. hours trimming the proposed budget by more than $257,000. Despite cuts from the council, Councilmember Russ Huebner has said that the property tax rate could p6tentialiy double in _ the next sixyears due to a variety of factors. A few, he said, are d gations from the last eil of issuing Certificates gation that need to be ] formation of the Hays- Public Utility Agency, maintenance and o costs of the growing city unsustainable method bt obli- t years of Obli- )aid, the :aldwell creasing erations ; and the )f subsi- dizing the city's property tax rate by transferring money from the utility fund. i At the meeting he cautioned about the future when the newly founded tax rate cuts exit. "My biggest conceml is what the tax rate will look like four years from now," he s going to give us a false security. We still got a b climb." Earp said that the rn keep the tax rate lov hopefully when the cuts the economywillhavepl again, bringing more revenue to dd. "R's ;ense of ghill to ave will rer and run out, cked up eye for dropout 1: completion rates Elsa Hinojosa, director for high mance, followed report on 2010 [h plan for improvin high school comp] for dropout preve] "in K[indergar 12, we should tion coaches," Hit. school board She described effort by teacher, administrators an members to "whi dropout numbers zero,' which inclu its, mentoring and An equally impt nent of Project H( is dropout prevenl "Ifwe really wan ation coaches, it: that we put toget that prevents kid., ping out," she saiq way we're goIng tc to their lofty goals.' the city. Previous city c doled out $73 mJ Notice of Public Hearing on Tax Increase evention and lew executive ,chool peffor- =astro with a iect HOPE, a the district's tion rate and ttion efforts. Ien] through be gradua- )josa told the "care" team counselors, community le down the until they are les home vis- counseling. rtant compo- PE, she said, on. t to be gradu- :s imperative ler a system from drop- "That's the get our kids puncils have lion In debt The City of Buda will hold two public hearings onla proposal to increase total revenues from properties on the tax roll in the preceding tax year by 6.43 perce (percentage by which proposed tax rate exceeds lower of rollback tax rate or el fective tax rate calculated under Chapter 26, Tax Cpde). Your individual taxes 1 increase at a greater or lesser rate, or even decreasq, depending on the change i taxable value of your property in relation to the change in taxable value of all c property and the tax rate that is adopted. The first public hearing will be held on September 16, 2010 at 7:00 PM at Bud Hall, 121 Main Street, Buda, TX 78610. [ I The second public hearing will be held on SeptemBer 21,2010 at 7:00 PM at E City Hall, 121 Main Street, Buda, TX 78610. i I The members of the governing body voted on the proposal to consider the tax i crease as follows: I FOR: Ron Fletcher, Todd Ruge, Sandra Ten do, Bobby Lane, Tom Cr( Scott Dodd AGAINST: PRESENT and not voting: ABSENT: Cathy Chilcote The average taxable value of a residence homesteac $151 ;283 (average taxable value of a residence hon preceding tax year, disregarding residence homeste; disabled persons or persons 65 years of age or olde] of $0.2250 (preceding year's adopted tax rate) per of taxes imposed last year on the average home wa, value of a residence homestead exemptions availab persons 65 years of age or older). / The average taxable value of a residence homestea in City of Buda this year is / $154,389 (average taxable value of a residence homestead in the taxing unit for he current tax year, disregarding residence homestead exemptions available only tc disabled persons or persons 65 years of age or older I. If the goveming body ado ,ts the effective tax rate for this year of $0.2412 per $100 of taxable value, the amc nt of taxes imposed this year on the average home would be $372.39 (tax on avera e taxlable value of a residence homestead in the taxing unit for the current tax ye , disregarding residence homestead exemptions avalh persons 65 years of age or older). If the governing body adopts the proposed tax rate value, the amount of taxes imposed this year on the (tax on the average taxable value of a residence hon as the city tried to [eep up with its ongoIng growtla, projected to have surpasse more than 30,000 residents. [ BySept. 30, the ci "s outstand- ing debt will shrirll: to around $68.7 million, city o icials say. Furthermore,, -I [e residents are projected to pit :h in around $34 milh'onto layd( ten the infra- structure of the H lys-Caldwell Public Ufili, whic] will pipe in drinking water fron the Carrizo- Wilcox Aquifer at hast 40 miles to the east. In 2007, Kyle pa tnered with San Marcos, Buda nd the Can- yon RegionalWate] Authority to create the agenc which over- sees the $120 milJion project. The first phase is sl .ted to come online in 2015. Budget documei ts are avail- able at www.cityol, le.com. ax nt y the ter City da l- se in City of Buda last year w Lestead in the taxing unit fox he td exemptions available onl. to ). Based on last year's tax n e 100 of taxable value, the an rant $340.39 (tax on average tm tble e only to disabled persons o tble only to disabled person,, f $0.2567 per $100 of taxab werage home would be $39 estead in the taxing unit for or i,32 he current tax year, disregarding residence homestead e disabled persons or persons 65 years of age or older. I Members of the public are encouraged to attend the hearings and express their emptions available only to V WS. i iiiiiiil ..... OlliMil00iliilliillill/l00lllt I l[ll l lliflliWi I 2010 Property Tax Rates in City of Kyle This notice concerns 2010 property tax rates for City of Kyle. It presents information about three tax rates. Last year's tax rate is the actual rate the taxing unit used to determine property taxes last year. This years effective tax rate would impose the same total taxes as last year if you compare properties taxed in both years. This year's rollback tax rate is the highest tax rate the taxing unit can set before taxpayers can start tax rollback procedures. In each case these rates are found by dividing the total amount of taxes by the tax base (the total value of taxable property) with adjustments as required by state law. The rates are given per $100 of property value. Last year's tax rate: Last year's operating taxes Last year's debt taxes Last year's total taxes Last year's tax base Last year's total tax rate This year's effective tax ratel Last year's adjusted taxes $2,442,621 $3,216,785 $5,659,406 $1,334,765,566 0.4240/$100 $5,417,922 $1,223,279,732 (after subtracting taxes on lost property) + This year's adjusted tax base (after subtracting value of new property) = This year's effective tax rate 0.4429/$100 (Maximum rate unless unit publishes notices and holds hearings.) This year's rollback tax rate: Last year's adjusted operating taxes (after $3,123,350 subtracting taxes on lost property and adjusting for any transferred function, tax increment financing, state criminal justice mandate, and/or' enhanced indigent health care expenditures) + This year's adjusted tax base = This year's effective operating rate x 1.08 = this year's maximum operating rate + This year's debt rate = This year's total rollback rate - Sales tax adjustment rate = Rollback tax rate $1,223,279,732 0.2553/$100 0.2757/$100 0.1993/$100 0.4750/$100 0.0596/$100 0.4154/$100 Statement of Increase/Decrease If City of Kyle adopts a 2010 tax rate equal to the effective tax rate of $0.4429 per $100 of value, taxes would increase compared to 2009 taxes by $178,567. Schedule A - Unencumbered Fund Balances The following estimated balances will be left in the unit's property tax accounts at the end of the fiscal year. These balances are not encumbered by a corresponding debt obligation. Type of Property Tax Fund General Fund Interest & Sinking Fund Schedule B - 2010 Debt Service Balance $3,964,902 $155,127 The unit plans to pay the following amounts for long-term debts that are secured by property taxes. These amounts will be paid from property tax revenues (or additional sales tax revenues, if applicable). Principal or Interest to be Contract Payment Paid from Other Description to be Pfiid from Property Amounts Total of Debt Property Taxes Taxes to be Paid Payment $0 $0 $0 $0 Series 2002 $210,000 $162,920 $0 $372,920 Combination Tax & Revenue Bond Series 2007 $395,000 $382,800 $0 $777,800 Combination Tax & Revenue Bond Series 2008 $412,181 $806,064 $0 $1,218,245 Combination Tax & Revenue Bond Series 2009 GO $90,000 $35,000 $0 $125,000 Series 2009 Limited $475,801 $82,592 $0 $558,393 Tax Note Total Required for 2010 Debt Service $3,052,358 - Amount (if any) paid from funds listed in Schedule A $425,000 - Amount (if any) paid from other resources $0 - Excess collections last year $0 = Total to be paid from taxes in 2010 $2,627,358 +'Amount added in anticipation that the unit will $0 collect only 100.00% of its taxes in 2010 = Total Debt Levy $2,627,358 Schedule C - Expected Revenue from Additional Sales Tax In calculating its effective and rollback tax rates, the unit estimated that it will receive $784,805 in additional sales and use tax revenues. This notice contains a summary of actual effective and rollback tax rates' calculations. You can inspect a copy of the full calculations at 102 LBJ DRIVE, COURTHOUSE ANNEX, SAN MARCOS, TEXAS. Name of person preparing this notice: LUANNE CARAWAY Title: HAYS COUNTY TAX ASSESSOR-COLLECTOR Date Prepared: July 27, 2010