[CALL TO ORDER]
[00:00:04]
THE 16TH OF MARCH ON THE BUDGET WORK SESSION OF THE BOARD OF SUPERVISORS PRINCE GEORGE TO ORDER.
AND THIS IS A BUDGET WORK SESSION, SO THERE WILL BE NO PUBLIC COMMENTS TONIGHT.
SO WE'LL GO RIGHT INTO THE WORK SESSION UPDATE TO REVENUE PROJECTION FROM MRS.
[WORK SESSION]
DREWRY. YES, SIR.GOOD EVENING, MR. CHAIRMAN, BOARD MEMBERS.
I'M GOING TO PULL THE SCREEN DOWN.
SO WE'LL GET INTO THAT AS THE SCREEN GOES LIVE.
OKAY. SO I MET WITH THE CHIEF DEPUTY COMMISSIONER OF REVENUE THIS MORNING.
MRS. LANE. AND MOTOR VEHICLE ASSESSMENTS ARE COMPLETE, BUT THERE IS ONE COMPONENT, THE LARGEST COMPONENT OF THE PERSONAL PROPERTY TAX BOOK THAT IS STILL IN PROGRESS.
BUSINESS, FURNITURE AND FIXTURES IS 43% ASSESSED.
THOSE RETURNS FROM OUR BUSINESSES ARE DUE ON MARCH 1ST, BUT MANY FILED FOR AN EXTENSION.
SO SHE AND ANOTHER EMPLOYEE IN THAT OFFICE ARE WAITING THROUGH THOSE RETURNS NOW AND THEY ARE WORKING TO COMPLETE THOSE BY MARCH 31ST.
SO JUST TO LET YOU KNOW, MOTOR VEHICLE VALUES ARE 11% LOWER THAN THEY WERE FOR THE DRAFT BOOK.
THIS ABOUT THIS TIME LAST YEAR.
THE VALUES ARE DECLINING, BUT THEY ARE NOT AT PRE PANDEMIC LEVELS YET.
BUT MORE DECLINES ARE EXPECTED NEXT YEAR BASED ON SOME INFORMATION THAT MRS. ROUSEY SHARED WITH US.
I THINK THERE WAS AN INDIVIDUAL WITHIN THE COUNTY THAT HAS AN AIRCRAFT NOW.
AND THEN OUR VOLUNTEERS, WHICH ARE TAXED AT $0.10 PER $100 OF ASSESSED VALUE.
SO WE ARE NOT RECOMMENDING ANY CHANGES RIGHT NOW.
$3.90 IS WHAT WE ARE STILL RECOMMENDING FOR THE TAX RATE AND THE RATE THAT YOU SET AT THE PUBLIC HEARING IN APRIL WILL IMPACT THE BILLS THAT GO OUT AND THAT ARE DUE THIS JUNE.
UNLIKE REAL ESTATE, WHICH ARE THE VALUES THAT WERE SET LAST JANUARY OR JANUARY OF 22 ARE THE BILLS THAT ARE SENT OUT AND THAT ARE DUE DECEMBER 5TH AND JUNE 5TH TYPICALLY.
SO YOU WILL HEAR A LITTLE BIT LATER ON WHEN WE ARE REQUESTING AUTHORITY TO ADVERTISE THE TAX RATE THAT WE ARE GOING TO DISCUSS WITH YOU THE POTENTIAL TO CHANGE THE DUE DATE FROM JUNE 5TH TO JUNE 16TH.
SO WE'LL WE'LL EXPLAIN MORE ABOUT THAT BASED ON THE TIMING OF THAT PUBLIC HEARING BEING APRIL 25TH, THAT DOES MAKE IT VIRTUALLY IMPOSSIBLE TO GET THE BOOK OUT, TO GET THE RECORD TO THE PRINTERS AND TURN AROUND THE BILLS, GET THEM MAILED TO CITIZENS AND HAVE THEM HAVE AN EXPECTATION OF A DUE DATE OF JUNE 5TH.
JUST YOU KNOW I DON'T NEED TO REMIND YOU, YOU DID LOWER THE TAX RATE LAST APRIL FROM $4.25 TO $3.90.
[00:05:06]
THE DMV CHANGE THAT THEY'RE HAVING, I THINK THIS WEEKEND.IT'S NOT GOING TO AFFECT ANY OF THIS, IS IT? NO, SIR. I'VE BEEN APPRIZED OF THAT OR ANY IMPACT THAT IT COULD HAVE ON US.
I CAN CERTAINLY ASK MRS. LANE IF THAT WOULD HAVE AN IMPACT, BUT I'VE NOT HEARD THAT IT IS.
SO AGAIN, THE ADOPTED CURRENT YEAR BUDGET FOR PERSONAL PROPERTY TAX IS JUST OVER $12 MILLION.
AND AGAIN, WE DON'T HAVE ANY UPDATES THIS EVENING.
WE STILL AWAIT COMPLETION OF THE BUSINESS FURNITURE AND FIXTURE FIXTURE ASSESSMENTS.
WE DID MAKE A RECOMMENDATION TO REDUCE THE DELINQUENT PORTION BASED ON THE MOST RECENT PRIOR YEAR COLLECTION AND THE FACT THAT TAX HAS REALLY MADE TRACTION ON SOME OLD BILLS.
THEY ARE CURRENTLY WORKING ON 2022 DELINQUENCIES, THOUGH THERE WERE QUITE A NUMBER OF THOSE.
SO THESE NUMBERS WERE THOSE THE NUMBERS INCLUDED IN YOUR INTRODUCED BUDGET.
THE ONE UPDATE THAT WE DO HAVE PUBLIC SERVICE TAX REVENUES.
THE THESE REPRESENT TAXES THAT ARE ASSESSED BY THE SEC OR THE PUBLIC DIVISION OF PUBLIC SERVICE TAXATION AND MRS. LANE RECEIVED AN UPDATE ON A LARGE SOLAR PROPERTY.
AND WE HAVE RECEIVED A SIZABLE TAX ASSESSED INCREASE AND THAT PARTICULAR PROPERTY.
SO WE ESTIMATE THAT WE CAN INCREASE THAT REVENUE FROM WHAT WE INCLUDED IN THE INTRODUCED BUDGET, THE $2.3 MILLION, WE COULD INCREASE THAT BY $396,000.
AGAIN, WE'RE NOT ASKING YOU TO TAKE ACTION TONIGHT.
WE'LL DO THAT PRIOR TO ADOPTION.
SO AGAIN, WE'RE JUST PROVIDING AN UPDATE FOR YOUR INFORMATION.
ANY QUESTIONS ON THAT? I'M GOOD. OKAY.
THE BASELINE PERCENTAGE FOR THE REVENUE SHARING CALCULATION WAS ESTABLISHED IN 2007 OR FY 2020 2007, AND IT WAS ESTABLISHED AT 43.07%.
SINCE THE CREATION OF THAT CALCULATION, IT HAS BEEN UPDATED EVERY YEAR.
THAT PERCENTAGE IS UPDATED BY THE PROPORTIONATE SHARE OF STUDENT ENROLLMENT TO COUNTY POPULATION.
THE FIVE YEAR AVERAGE, A FIVE YEAR ROLLING AVERAGE IS WHAT'S USED.
AND AND THAT LAST FIVE YEAR SPAN, 19 TO 23, THE COUNTY POPULATION HAS INCREASED BY 6,083. AND THAT IS DRIVEN BY OUR CENSUS.
YOU CAN SEE THE DRAMATIC CHANGE IN FY 22 THAT 43,010 WHILE STUDENT ENROLLMENT HAS DECLINED.
YOU KNOW, AS RECENTLY AS FY 17, IT WAS 6,000.
THE SCHOOL DIVISION HAD 6,333 STUDENTS, AND IN 22 IT HAD DROPPED TO 6,002.
AND THEN FOR SEPTEMBER OF 22, ENROLLMENT WAS AT 5,948.
SO AGAIN, THE PROPORTIONATE DECREASE OF STUDENT ENROLLMENT TO COUNTY POPULATION.
[INAUDIBLE] HAS CREATED THE CHANGE IN THE PERCENTAGE THAT IS TRANSFERRED TO SCHOOLS. THIS IS A HISTORICAL VIEW OF THE PERCENTAGES.
SINCE THE CALCULATION OF THE OR SINCE THE CREATION OF THE CALCULATION DOCUMENT.
AND AGAIN, THAT BASELINE PERCENTAGE WAS AT 43.07%.
SO JUST JUST TO GIVE THE BOARD SOME PERSPECTIVE, IF OUR REVENUES THAT WE SHARED WITH THE SCHOOL DIVISION HAD REMAINED FLAT, IF YOU HAD NOT SEEN THE INCREASE THAT WE DID SEE IN REAL ESTATE VALUES, WE WOULD HAVE ACTUALLY MADE A REDUCTION OF $748,000 TO THE SCHOOL DIVISION.
[00:10:08]
IF YOU HAD CHOSEN TO TO FOLLOW THE CALCULATION AND REVENUES WERE FLAT, JUST THAT'S THE SHEER IMPACT OF THAT CHANGE IN PERCENT.SO WITH PROJECTED SHARED REVENUES AND THE FACT THAT YOUR REAL ESTATE VALUES AND TAX REVENUE DID GO UP, THE CALCULATION CALLED FOR A ABOUT A $32,000 REDUCTION TO THE TRANSFER.
BUT THE INTRODUCED BUDGET MR. STOKE RECOMMENDED TO YOU AND BY CONSENSUS LEVEL FUNDING WAS PROPOSED TO THE SCHOOL DIVISION AT $18,553,165.
PENNYCUFF PRESENTED AND THAT THE SCHOOL BOARD ULTIMATELY APPROVED DID REQUEST $20,380,667 FROM THE COUNTY AS A LOCAL FUNDING TRANSFER TO BOTH THE OPERATING AND TEXTBOOK FUNDS.
SO THERE IS A GAP BETWEEN WHAT'S BEEN INTRODUCED AND WHAT'S BEEN REQUESTED OF OVER $1.8 MILLION.
SO JUST TO PROVIDE THE BOARD WITH A LITTLE BIT OF HISTORICAL INFORMATION, YOU THE THE TRANSFER OR THE BUDGETED TRANSFER TO THE SCHOOL DIVISION FOR SOME SOME YEARS HAS DEVIATED FROM THE CALCULATION.
UM, AND THEN IN NINE THEY TRANSFERRED WHAT THE CALCULATION CALLED FOR OR BUDGETED TO.
IN 2010 IT WAS A LITTLE SHORT.
AND THEN IN 2012, 13 AND 14 MORE WAS TRANSFERRED THAN WHAT THE THE CALCULATION CALLED FOR.
AGAIN, IN 16, ABOUT $1.5 MILLION MORE WAS TRANSFERRED THAN THE SHARING AGREEMENT.
I BELIEVE THAT WAS TO HELP WITH HEALTH INSURANCE RATES.
PENNYCUFF SHARED IN HER PRESENTATION TO THIS BOARD ON THE SECOND AND ALSO IN WHAT THE THE SCHOOL BOARD ULTIMATELY APPROVED. IT SHOWS THE AMOUNT OF THE LOCAL FUNDING THAT PRINCE GEORGE COUNTY PROVIDES TO THE SCHOOLS AS COMPARED TO THE REGION.
AND WE UNDERSTAND THE REASON FOR THIS REGIONAL COMPARISON.
YOU KNOW, THESE ARE THE SCHOOL DIVISIONS THAT PRINCE GEORGE COMPETES WITH FOR TEACHERS.
YOU KNOW, WE UNDERSTAND THAT AND WE UNDERSTAND THE THE COMPARISON.
BUT BUT THERE'S A LITTLE BIT MORE THAT NEEDS TO BE DISCUSSED, YOU KNOW.
I DARE SAY ANY OF THOSE SCHOOL DIVISIONS THAT WERE IN THAT COMPARISON HAVE A TAX EXEMPT FEDERAL PROPERTY OF THE MAGNITUDE OF PRINCE GEORGE'S COUNTY.
WE HAVE FORT LEE AND THE CURRENT REAL ESTATE VALUATION PREPARED BY MR. GORDINIER IS ABOUT $2.3 BILLION.
SO JUST TO PROVIDE SOME PERSPECTIVE, IF WE WERE ABLE TO TAX THAT MILITARY BASE IN 21, THE COMPARISON YEAR THAT WAS USED, WE WOULD HAVE GOTTEN ANOTHER $19.6 MILLION IN REAL ESTATE TAX REVENUES THAT WE COULD HAVE SHARED WITH THE SCHOOL SYSTEM.
AT OUR TAX RATE TODAY, THAT EQUIVALENT TAX REVENUE WOULD BE $18.7 MILLION.
THERE ARE FEDERAL PROPERTY AND THE SCHOOL DIVISION RECEIVES IMPACT AID FUNDING IN LIEU OF LOCAL TAXES TO EDUCATE THE CHILDREN FROM FORT LEE.
SO WE JUST WANTED TO MENTION THE IMPACT AID PROGRAM WAS ESTABLISHED MANY YEARS AGO TO PROVIDE SCHOOL DIVISIONS WITH MILITARY BASES IN INDIAN LANDS WHOSE LOCALITIES CANNOT TAX THAT FEDERAL PROPERTY WITH SOME ADDITIONAL ASSISTANCE TO EDUCATE THE KIDS IN LIEU OF THE LOCAL TAX REVENUE.
SO THIS IS THE RAW DATA FROM THAT CHART.
SO THIS IS THE SAME COMPARISON GROUP OF SCHOOL DIVISIONS AND COUNTIES.
I'VE ADDED A COLUMN THAT'S IMPORTANT TO SEE.
THIS IS THE LOCAL COMPOSITE INDEX.
[00:15:09]
WEALTH. AND I JUST WANT TO MENTION THAT PRINCE GEORGE HAS THE LOWEST COMPOSITE INDEX OF THAT COMPARISON GROUP.SO AGAIN, WE SHOULD NOT BE EXPECTED TO PROVIDE THE SAME AMOUNT OF LOCAL SUPPORT, NOR ARE WE REQUIRED TO AS THE OTHERS IN THAT COMPARISON GROUP IN OUR REGION.
AGAIN, WE ARE AT THE BOTTOM AS FAR AS OUR WEALTH MEASURE AND THAT THREE THAT THAT $2.3 BILLION PROPERTY PROBABLY HAS A LOT TO DO WITH THAT. SO IF WE WERE TO ADD THE IMPACT AID REVENUE, WHICH IS IN THE BLUE SHADING AND ANOTHER DEPARTMENT OF DEFENSE SUPPLEMENT THAT THE SCHOOL DIVISION RECEIVED DURING FY 21, IN THAT SAME COMPARISON YEAR, THAT EQUATES TO $863.40 MORE PER CHILD.
AND THAT BRINGS US ACTUALLY AHEAD OF WHERE DINWIDDIE WAS ON THAT PREVIOUS SLIDE.
THE SAME COMPARISON WITH THE COMPOSITE INDEX NOTED IN THE BOX.
AGAIN, WE ARE THE LOWEST COMPOSITE INDEX.
THE LOWER SCHOOL DIVISION'S COMPOSITE INDEX, THE MORE STATE AID THEY RECEIVE.
SO ALTHOUGH PRINCE GEORGE DOES NOT GET AS MUCH LOCAL SUPPORT, THEY GET MORE STATE SUPPORT.
BY AND LARGE, FOR THE NON CATEGORICAL PROGRAMS THAT THE STATE PROVIDES FUNDING FOR.
SO AGAIN, THIS IS JUST ANOTHER WAY TO LOOK AT THAT.
THE GREEN BAR SHOWS PRINCE GEORGE WITH THE IMPACT AID AND DEPARTMENT OF DEFENSE SUPPLEMENTAL FUNDING THAT THEY RECEIVE IN LIEU OF LOCAL TAX REVENUES.
ANY QUESTIONS ON THAT? NO, MA'AM. OKAY.
AND AGAIN, YOU AS THE BOARD CERTAINLY HAVE THE ABILITY TO PROVIDE MORE FUNDING TO THE PUBLIC SCHOOL SYSTEM THAN WHAT THE TRANSFER CALLS FOR OR WHAT THE CALCULATION CALLS FOR.
BUT OF COURSE, IT WOULD REQUIRE APPLYING ANY CHANGES TO REVENUES ABOVE WHAT'S BEEN IN THE INTRODUCED BUDGET TO THE SCHOOL SYSTEM, WHETHER OR NOT THEY'RE A SHARED SOURCE.
AND BY REDUCING COUNTY EXPENDITURES THAT ARE INCLUDED IN YOUR INTRODUCED BUDGET.
AS WE ALL KNOW, THE BUDGET, THE BUDGET PROCESS FOR EVERY ENTITY IS A SERIES OF CHOICES AND NOT ALL OF THOSE CHOICES ARE EASY, CERTAINLY. SO THIS THIS WAS ALSO A SLIDE FROM DR.
PENNYCUFFS' BUDGET PRESENTATION WHERE SHE OUTLINES A LITTLE OVER $5 MILLION IN FUNDING, NEW FUNDING INITIATIVES, WHERE SHE ARTICULATES THE NEEDS OF THE SCHOOL DIVISION, THE PAY INCREASE FOR TEACHERS OR ALL EMPLOYEES DOING A LITTLE EXTRA FOR SUPPORT STAFF THAT ARE RANKED IN THE BOTTOM THIRD, A RETENTION BONUS THAT THE GOVERNOR HAD PROPOSED IN HIS BUDGET HEALTH INSURANCE INCREASE, WHICH WAS ESTIMATED AT 5%. I'M NOT SURE IF THEY'VE GOTTEN THEIR FINAL RENEWAL OR NOT.
WORK BASED LEARNING CLASS DUAL ENROLLMENT.
FIVE ADDITIONAL ELEMENTARY PARAPROFESSIONALS.
A STIPEND FOR DUAL ENROLLMENT TEACHERS, ANOTHER A STAFF ACCOUNTANT FOR THE FINANCE OFFICE.
AND THEN TO HONOR PREVIOUS COMMITMENTS THAT THE SCHOOL DIVISION HAS MADE.
I WOULD IMAGINE SOME OF THOSE ARE INFLATIONARY.
SOME OF THEM PROBABLY RELATE TO THE ELECTRIC BILL FOR THE NEW MIDDLE ROAD ELEMENTARY SCHOOL.
IT WILL CERTAINLY BE HIGHER THAN OLD WALTON.
SO THIS IS AN EXPENDITURE COMPARISON THAT WAS ALSO INCLUDED IN THE PROPOSED AND THE ADOPTED BUDGET.
I'M GOING TO PAUSE HERE FOR A FEW MINUTES AND I HAVE CIRCLED SOMETHING IN RED, NOT TO BE CONFRONTATIONAL OR COMBATIVE, BUT AGAIN, BUDGETING IS A SERIES OF CHOICES. THE INTRODUCED BUDGET FROM THE COUNTY HAS ABOUT $150,000 CONTINGENCY IN IT.
THE BUDGET THAT WAS ADOPTED BY THE SCHOOL BOARD HAS OVER $1 MILLION CONTINGENCY IN IT.
SO AGAIN, THE CHOICES THAT THAT ARE NECESSARY ARE NOT ALWAYS EASY, BUT CERTAINLY THERE ARE RESOURCES THAT COULD BE USED TO HANDLE SOME OF THE REQUESTS THAT HAD BEEN ARTICULATED.
JUST LOOKING AT THIS ON THE SURFACE.
MR. STOKE. AND MRS. DREWRY, THANK YOU. I WANT TO POINT OUT THAT, YOU KNOW, WE BOTH HAVE CONTINGENCIES IN OUR BUDGETS BECAUSE BOTH OF US ARE FLYING A LITTLE BLIND RIGHT NOW.
YOU KNOW, THERE'S HEALTH INSURANCE NUMBERS.
[00:20:03]
WE DON'T HAVE A STATE BUDGET YET.WE DON'T HAVE OUR PERSONAL PROPERTY TAX NUMBERS LOCKED IN.
WE DON'T HAVE OUR COMP BOARD NUMBERS LOCKED IN.
I THINK THAT'S ONE OF THE REASONS WHY WE'RE GOING TO SUGGEST NOT HAVING A MARCH 30TH BUDGET WORK SESSION, BUT RECONVENING ON APRIL 19TH DUE TO THE FACT THAT THE STATE, THE GENERAL ASSEMBLY ISN'T EVEN GOING TO COME BACK TOGETHER UNTIL APRIL 11TH TO TRY TO SETTLE OUT THE BUDGET DIFFERENCES.
YOU KNOW WHAT OUR KNOWN NUMBERS ARE IN EACH OF THE BUDGETS.
SO SO DECISION POINTS FOR CONTINUED DISCUSSION WITH THE SCHOOL DIVISION PRIOR TO BUDGET ADOPTION.
WE BOTH ARE GOING TO CERTAINLY NEED TO FINE TUNE OUR STATE REVENUES AND WHAT THE REQUIRED SOQ FUNDED PAY RAISES FOR FOR THEIR SIDE OF THE HOUSE.
OUR REVENUES THAT WE RECEIVE FOR THE POLICE DEPARTMENT, AGAIN, THE THE BUDGET THAT WAS APPROVED BY THE SCHOOL BOARD AND SENT TO ME, I BELIEVE, ON THE.
14TH WAS SAID THAT IT STILL SHOWED THE HEALTH INSURANCE RENEWAL AS AN ESTIMATED 5% INCREASE.
SO THE NEXT STEP, AS MR. STOKE MENTIONED, MARCH 30TH, I DON'T KNOW THAT WE'LL HAVE ANY ADDITIONAL INFORMATION TO PROVIDE TO YOU.
YOU KNOW, MRS. LANE INDICATED TODAY THAT THEY ARE HOPING TO COMPLETE BFF BY BY MARCH 31ST.
SO, SO I DON'T KNOW THAT WE'LL HAVE ANY MORE UPDATES TO PROVIDE TO YOU.
THE GENERAL ASSEMBLY I DON'T THINK WILL BE FINALIZING OR FINISHING UP UNTIL MAYBE APRIL 12TH.
THAT'S THAT'S ALSO ON YOUR SCHEDULE.
AND OF COURSE, WE ARE NOT ASKING FOR ANY CHANGE DECISIONS THIS EVENING.
YES. IF I COULD, IF YOU HAPPEN TO GET SOME OF THESE NUMBERS BEFOREHAND BEFORE THE 19TH, I'M SURE YOU'LL SEND THEM OUT TO US, RIGHT? YES, SIR. I WOULD BE GLAD TO DO THAT.
OKAY. [INAUDIBLE] RIGHT. NEXT WE GO INTO THE UTILITY RATE INCREASES.
[ORDER OF BUSINESS]
MR. HOKE. GOOD EVENING, MR. CHAIRMAN. YES, SIR.MEMBERS OF THE BOARD. MR. WHITTEN.
MR. STOKE. AS YOU AWARE, ANYTIME WE REQUEST CHANGES TO OUR UTILITY RATES, WE ARE REQUIRED TO HAVE A PUBLIC HEARING IN ORDER TO DO SO. AND AS MR. STOKE INTRODUCED EARLIER THIS WEEK IT IS IN THE INTRODUCED BUDGET, WE ARE REQUESTING A 5% INCREASE IN RATES AS WELL AS ADJUSTMENTS IN OUR UTILITY RATE BLOCKS.
SO BASED ON HOW MUCH WATER YOU USE, DEPENDS ON WHICH RATE YOU PAY.
SO WE ARE REQUESTING THOSE CHANGES.
AND THESE CHANGES WILL INCREASE THOSE REVENUES BY ABOUT $232,000.
THAT'LL BE ABOUT $54 PER YEAR IMPACT TO RESIDENTIAL TO THE AVERAGE RESIDENTIAL USE.
WE ARE ASKING THESE RATES TO BE BECOME EFFECTIVE ON JULY 1ST OF 2023 AND WE ARE REQUESTING AUTHORIZATION TO HOLD A PUBLIC HEARING ON APRIL 11TH TO BE ABLE TO MOVE FORWARD WITH OUR PROCESS TO CHANGE THE RATES.
SO WE'RE JUST MAKING THAT RECOMMENDATION TO AUTHORIZE A PUBLIC HEARING FOR APRIL 11TH.
[00:25:03]
OKAY. SO IS THERE A RESOLUTION IN THERE FOR THIS? YES, SIR. OKAY.SO IT HAS A RESOLUTION INCLUDED IN THE PACKET.
SO I ENTERTAIN A MOTION TO HAVE A PUBLIC HEARING ON THE 11TH OF APRIL.
MR. CHAIRMAN, I MOVE THAT THE BOARD AUTHORIZE THE ADVERTISEMENT TO HOLD A PUBLIC HEARING ON APRIL 11TH TO CONSIDER AMENDMENTS OF THE CODE OF PRINCE GEORGE COUNTY 20-05 AS AMENDED BY AMENDING SECTIONS 82-262 AND 82537.
OKAY. AND MR. CHAIRMAN, I WILL SECOND THAT.
ALL RIGHT. WE HAVE A MOTION AND A SECOND.
ANY DISCUSSION? HEARING NONE CALL THE ROLL, PLEASE.
THANK YOU, SIR. NEXT, WE HAVE A RESOLUTION AUTHORITY TO ADVERTISE THE TAX RATE.
I EMAILED THOSE OUT ON TUESDAY, SO MRS. KNOTT IS HANDING THOSE OUT.
JUST THE RESOLUTION WAS ATTACHED TO YOUR BLUE SHEET.
OKAY. AND A COPY OF THE RESOLUTION IS THE LAST THING IN BOTH OF THESE STAPLED PACKETS.
SO SO THE FIRST ITEM IS AUTHORITY TO ADVERTISE A PUBLIC HEARING ON THE TAX RATES.
AGAIN, THEY INTRODUCED BUDGET, CALLED FOR LEAVING THE REAL PROPERTY TAX RATE AT $0.82, ALONG WITH THE MOBILE HOME TAX RATE AND THE PERSONAL PROPERTY TAX RATE AT $3.90.
BOTH CURRENT RATES THE MACHINERY AND TOOLS TAX AT $1.50.
SO WE ARE REQUESTING AUTHORITY TO ADVERTISE AN APRIL 25TH PUBLIC HEARING ON THE TAX RATES.
ADDITIONALLY, WITH THE APRIL 25TH PUBLIC HEARING DATE, WE ARE RECOMMENDING A CHANGE TO THE DUE DATE FOR THIS JUNE FROM JUNE 5TH TO JUNE 16TH.
BUT WITH AN EFFECTIVE TAX INCREASE LIKE WE HAVE THIS YEAR, WHEN WE HAVE ASSESSED VALUES, THERE'S TYPICALLY A 40 DAY LEAD TIME ON THE AD FOR RUNNING THAT. SO WE ARE REQUESTING A CHANGE FROM JUNE 5TH TO JUNE 16TH.
SO EVERYTHING WILL BE DUE ON THE 16TH RATHER THAN THE 5TH.
WELL, THAT'S GOING TO BE A PUBLIC HEARING, RIGHT? WELL, NO, SIR.
WE ARE WE ARE GOING TO BRING THAT TO YOU AT YOUR MARCH 28TH MEETING FOR A RESOLUTION TO CHANGE THOSE DUE DATES FOR THE FOR THE CURRENT OR THE UPCOMING JUNE.
ENTERTAIN A MOTION TO HAVE THAT PUBLIC HEARING.
MR. CHAIRMAN, I MOVE THAT WE WOULD APPROVE TO HAVE THE PUBLIC HEARING TO COME BACK TO US ON MARCH THE 28TH FOR THE TAX RATE, ACTUALLY APRIL 25TH.
DO WE HAVE A SECOND? I SECOND.
I HAVE A MOTION AND A SECOND TO HAVE A PUBLIC HEARING TO BE RETURNED APRIL 25TH.
ANY DISCUSSION? HEARING NONE. CALL THE ROLL, PLEASE.
WHENEVER THERE IS AN INCREASE IN ASSESSED VALUES THAT EXCEEDS 1% AND THE BOARD DOES NOT EQUALIZE, IT IS AN EFFECTIVE TAX INCREASE ATTACHMENT A THAT YOU HAVE ACTUALLY SEEN AT A WORK SESSION BEFORE PROVIDES THE EQUALIZATION RATE OR THE EQUALIZED TAX RATE AT $0.77 WOULD BE A $0.05 REDUCTION TO EQUALIZE THE INTRODUCED BUDGET CALLED FOR LEAVING THE TAX RATE AT
[00:30:08]
$0.82 PER $100.SO AGAIN, WE ARE REQUESTING AUTHORITY TO ADVERTISE THE PUBLIC HEARING ON AN EFFECTIVE TAX INCREASE ON APRIL 25TH, THE SAME DATE AS THE OTHER TAX RATE PUBLIC HEARING.
OKAY. THERE'S A RESOLUTION ATTACHED TO HAVE THAT PUBLIC HEARING ON THE 25TH RETURNED ON THAT DAY.
THIS IS FOR THE EFFECTIVE REAL PROPERTY TAX TAX INCREASE EQUALIZATION RATE.
ALL RIGHT. DO I HAVE A SECOND? I SECOND. ALL RIGHT. A MOTION AND A SECOND.
ANY DISCUSSION? NO DISCUSSION.
INCLUDED IN YOUR PACKET, YOU HAVE THE DRAFT MINUTES FROM THE MARCH 7TH BUDGET WORK SESSION.
ENTERTAIN A MOTION TO APPROVE THOSE AS PRESENTED.
SO MOVED. HAVE A MOTION, DO I HAVE A SECOND? I'LL SECOND. MOTION AND A SECOND.
UNLESS ANYONE HAS ANY QUESTIONS, ANY QUESTIONS, ANY DISCUSSION? ALL RIGHT. SO WE'LL ADJOURN TO OUR REGULAR MEETING ON THE 28TH.
SO ENTERTAIN A MOTION TO ADJOURN UNTIL OUR NEXT MEETING AT 5:00 ON THE 28TH.
I HAVE A MOTION, DO I HAVE A SECOND? I SECOND. MOTION AND A SECOND.
ANY DISCUSSION? CALL THE ROLL, PLEASE.
* This transcript was compiled from uncorrected Closed Captioning.