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2019-08-06 CC Minutes Farmers Branch City Hall 71 City of Farmers Branch 13000 Wm Dodson Pkwy Farmers Branch,Texas 4'1 is 7a 75234 FARMERS Meeting Minutes BRANCH City Council Tuesday,August 6, 2019 12:00 PM Study Session Room Special Called Budget Meeting Absent: 2- Mayor Pro Tern John Norwood, Council Member Cristal Retana Presiding: 1 - Mayor Robert Dye Present: 3- Deputy Mayor Pro Tern Terry Lynne, Council Member Mike Bomgardner and Council Member Bronson Blackson Staff: 6 -City Manager Charles Cox, Deputy City Manager John Land, Assistant City Manager Ben Williamson, City Secretary Amy Piukana City Secretary, Director of Finance Sherrelle Evans Jones A. CALL TO ORDER - (12 P.M.) Mayor Dye called the meeting to order at 12:02 p m B. AGENDA ITEM(S) B.1 19-364 Consider adopting a motion to place a proposal to consider adopting a maximum property tax rate of $0.599507 on the City Council agenda of September 17, 2019; schedule two public hearings on the proposed maximum rate for August 20, 2019 and September 3, 2019; and take appropriate action. Director of Finance Sherrelle Evans Jones briefed City Council regarding this item. Ms. Evans Jones explained the proposed budget was developed maintaining the current tax rate of$0 599507 Tonight's motion proposes the maximum property tax rate the City will consider, but does not adopt any tax rate The final adopted tax rate may be less, but not more,than the tax rate proposed tonight. Ms Evans Jones explained Dallas County is responsible for calculating and certifying the effective and rollback tax rates for the City However, it is anticipated that proposing a maximum property tax rate of $0 599507 will exceed the effective tax rate calculation and, therefore, the City should proceed in following Truth-in-Taxation guidelines given the strict timetable for compliance and the current City Council meeting schedule. The Notice of Proposed Property Tax Rate is anticipated to be published by August 12th in order to comply with Truth-in-Taxation legislation. City of Farmers Branch Page 1 City Council Meeting Minutes August 6, 2019 In anticipating that the proposed maximum tax rate will exceed the lower of the effective or rollback tax rate, the State Property Tax Code requires that the City Council first pass a motion to propose the maximum tax rate it will consider and set two public hearing dates. Public hearings to discuss the tax rate are proposed to take place on August 20, 2019 at 6.00 p.m. at City Hall and September 3, 2019 at 6 00 p m at City Hall during the regular City Council meeting The City Council will adopt a tax rate at the regular City Council meeting on September 17, 2019 at 6.00 p m. The City Council discussed tax rate comparisons from surrounding cities, future funds necessary for Creek repairs, ways to trim the budget, storm water fees, and tax rate options In an effort to provide maximum flexibility in addressing the City's financial needs and recognizing that this City Council is in no way required to adopt the maximum rate for the adopted budget, Mayor Dye made a motion to consider adopting a maximum property tax rate of $0 610000 on the City Council agenda for September 17, 2019 at 6:00 p m Motion seconded by Council Member Bomgardner. Motion approved by the following roll call vote: Ayes: Deputy Mayor Pro Tem Lynne, Council Member Bomgardner Naye: Council Member Blackson Motion passed 2-1 Council Member Bomgardner made a motion to schedule two public hearings on the proposed maximum property tax rate of$0.610000 for August 20, 2019 and September 3, 2019. Both hearings will be held at 6 00 p.m. at City Hall Council Chambers located at 13000 William Dodson Parkway, Farmers Branch, Texas 75234 Motion seconded by Mayor Dye Motion approved unanimously. C. ADJOURNMENT Council Member Bomgardner made a motion to adjourn Motion seconded by Mayor Dye. Motion approved unanimously. The meeting adjourned at 1218 p m. Approved by: Robert i''e, Mayor / Attested by AV, ./ Amy M. Piuk- ity Secretary City of Farmers Branch Page 2