Wink-Loving ISD SPECIAL CALLED BOARD MEETING to DISCUSS the DISTRICT's BUDGET and PROPOSED
Wink-Loving ISD
SPECIAL CALLED BOARD MEETING TO DISCUSS THE DISTRICT'S BUDGET AND PROPOSED TAX RATE
Tuesday, August 25, 2015 at 6:00 PM
Board Room of the School Administration Building located at 200 Rosey Dodd Street in Wink, Texas
Call to Order and Establish Quorum Announcement by the presiding officer that a quorum is present, the meeting has been duly called, and that notice of the meeting has been posted in accordance with the Texas Open Meetings Act, Texas Government Code, Chapter 551.
Board Members Present for the meeting: Eddie Brewer, Melissa Halterman, Russ Slaughter, Kristyl Hotze, and Minerva Soltero. Board Members Absent: Larry Antley and Brad White were both at work. Others Present: Eddie Boggess, Craig Wallace, Stiles and Wallace, Scotty Carman, Linda Jolly, Pam Rogers, Dr. Dewitt Smith, and Grace Harrison.
2. / Public Meeting to Discuss Budget and Proposed Tax Rate
3. / Comments/Audience Participation Forum: Limit of 5 minutes per individual or group.
4: Items for Discussion or Action:
DATE:August 25, 2015
AGENDA ITEM #4A
SUBJECT:Consider/Discuss/Approve Appraisal Rolls For 2015-2016
BACKGROUND
In late July, WLISD received the Appraisal Rolls for 2015-2016 for both Winkler & Loving Counties (See attached)
ADMINISTRATIVE CONSIDERATION
I have considered state law in regards including four principles to truth-in-taxation as it relates to school districts:
- Property owners have the right to know of increases in their properties’ appraised value and to be notified of the estimated taxes that could result from the new value.
- A school district must publish its proposed tax rate, rollback tax rate and other specific information about its proposed taxes.
- A school district must publish a budget and proposed tax rate hearing notice and hold a public hearing to provide an opportunity for citizen input concerning these issues.
- A school district must hold an election to ratify a tax rate adopted above its rollback rate.
I recommend the Board Approve Appraisal Rolls For 2015-2016 as presented
MOTION
I move that the Board Approve Appraisal Rolls For 2015-2016 as presented
Motion made by Trustee Soltero to Approve Appraisal Rolls for 2015-2016 as presented. Motion seconded by Trustee Hotze and passed with a unanimous vote.
DATE:August 25, 2015
AGENDA ITEM #4B
SUBJECT:Consider/Discuss/Adopt Budget for 2015-2016
BACKGROUND
A school district adopts its budget according to its fiscal year but first must publish a Notice of Public Meeting to Discuss Budget and Proposed Tax Rate 10 to 30 days before the public meeting date. (School districts with a July 1 fiscal year adopt budgets in June and comply with notice and hearing provisions during June). After adopting the budget, the school adopts a tax rate.
ADMINISTRATIVE CONSIDERATION
I have considered the District Vision, Mission, and Goals in the development of the 2015-2016 budget. Additionally, I have considered state law in regards including four principles to truth-in-taxation as it relates to school districts:
- Property owners have the right to know of increases in their properties’ appraised value and to be notified of the estimated taxes that could result from the new value.
- A school district must publish its proposed tax rate, rollback tax rate and other specific information about its proposed taxes.
- A school district must publish a budget and proposed tax rate hearing notice and hold a public hearing to provide an opportunity for citizen input concerning these issues.
- A school district must hold an election to ratify a tax rate adopted above its rollback rate.
RECOMMENDATION
I recommend the Board Adopt Budget for 2015-2016 as presented
MOTION
I move that the Board Adopt Budget for 2015-2016 as presented
Motion made by Trustee Slaughter, “I move that the Board Adopt Budget for 2015-2016 as presented. Motion seconded by Trustee Soltero and passed with a unanimous vote.
DATE:August 25, 2015
AGENDA ITEM #4C
SUBJECT:Consider/Discuss/ Adopt Tax Rate by Resolution for 2015-2016 at $1.04 for the Maintenance and Operating Fund and at $0.28 for the Interest and Sinking Fund for a Total Tax Rate of $1.32
BACKGROUND
A school district adopts its budget according to its fiscal year but first must publish a Notice of Public Meeting to Discuss Budget and Proposed Tax Rate 10 to 30 days before the public meeting date. (School districts with a July 1 fiscal year adopt budgets in June and comply with notice and hearing provisions during June). After adopting the budget, the school adopts a tax rate.
ADMINISTRATIVE CONSIDERATION
I have considered the tax rate needed to serve both our Maintenance and Operating costs as well as our Debt Service. Additionally, I have considered state law in regards including four principles to truth-in-taxation as it relates to school districts:
- Property owners have the right to know of increases in their properties’ appraised value and to be notified of the estimated taxes that could result from the new value.
- A school district must publish its proposed tax rate, rollback tax rate and other specific information about its proposed taxes.
- A school district must publish a budget and proposed tax rate hearing notice and hold a public hearing to provide an opportunity for citizen input concerning these issues.
- A school district must hold an election to ratify a tax rate adopted above its rollback rate.
I recommend the Board Adopt Tax Rate by Resolution for 2015-2016 at $1.04 for the Maintenance and Operating Fund and at $0.28 for the Interest and Sinking Fund for a Total Tax Rate of $1.32
MOTION
I move that the Board Adopt Tax Rate by Resolution for 2015-2016 at $1.04 for the Maintenance and Operating Fund and at $0.28 for the Interest and Sinking Fund for a Total Tax Rate of $1.32
Motion made by Trustee Soltero to Adopt Tax Rate by Resolution for 2015-2016 at $1.04 for the Maintenance and Operating Fund and at $0.28 for the Interest and Sinking Fund for a Total Tax Rate of $1.32. Motion seconded by Trustee Slaughter and passed with a unanimous vote.
5. / Executive Session: (Texas Government Code Section: 551.074; 551.0821; 551.102; 551.072)
6. / Adjourn: Motion made by Trustee Hotze to adjourn at 6:09 p.m. Motion seconded by Trustee Slaughter and passed with a unanimous vote.
Attest:
______Secretary
______Board President