NOTICE OF PUBLIC HEARING ON TAX INCREASE

 

The CITY OF GRANITE SHOALS will hold two public hearings on a proposal to increase total tax revenues from properties on the tax roll in the preceding tax year by 4.72 percent (percentage by which proposed tax rate exceeds lower of rollback tax rate or effective tax rate calculated under Chapter 26, Tax Code).  Your individual taxes may increase at a greater or lesser rate, or even decrease, depending on the change in the taxable value of your property in relation to the change in taxable value of all other property and the tax rate that is adopted.

 

The first public hearing will be held on September 3, 2009 at 7:00 P.M. at Community Center, 1208 N. Phillips Ranch Road, Granite Shoals, Texas.

 

The second public hearing will be held on September 8, 2009 at 7:00 P.M. at Community Center, 1208 N. Phillips Ranch Road, Granite Shoals, Texas.

 

The members of the governing body voted on the proposal to consider the tax increase as follows:

 

FOR: 

Mayor Frank Reilly

Calvin Chamness

            Shirley King

Bessie Jackson

            Merilyn Nations

Dennis Maier

            David Dittmar

AGAINST:

 

PRESENT and not voting:

 

ABSENT:

 

The average taxable value of a residence homestead in CITY OF GRANITE SHOALS last year was $161,151.  Based on last year’s tax rate of $0.4311 per $100 of taxable value, the amount of taxes imposed last year on the average home was $ 694.72.

 

The average taxable value of a residence homestead in CITY OF GRANITE SHOALS this year is $164,700. If the governing body adopts the effective tax rate for this year of $0.4106 per $100 of taxable value, the amount of taxes imposed this year on the average home would be $676.26

 

If the governing body adopts the proposed tax rate of $0.4300 per $100 of taxable value, the amount of taxes imposed this year on the average home would be $708.21.

 

Members of the public are encouraged to attend the hearings and express their views.

 

NOTICE OF PUBLIC HEARING ON 2009 – 2010 BUDGET

 

 

The City of Granite Shoals will hold a public hearing at 7:00 p.m. on Tuesday, September 8, 2009 at Granite Shoals Community Center, City Council Chambers, located at 1208 N. Phillips Ranch Road, Granite Shoals, Texas in regard to the proposed budget for the City’s 2009 – 2010 fiscal year.

 

The purpose of this hearing is to allow citizens an opportunity to discuss the proposed budget.  The City encourages citizens to attend and to make their views known at this public hearing.  Copies of the proposed budget are available from the Office of the City Secretary.

 

Citizens unable to attend this meeting may submit their views and proposals to John Gayle, Interim City Manager, 410 N. Phillips Ranch Road, Granite Shoals, Texas 78654.  Persons with disabilities that wish to attend this meeting should contact the City Secretary to arrange for assistance.  Individuals who require auxiliary aids or services for this meeting should contact the City Secretary at (830) 598-2424.  Citizens requiring assistance must make contact at least two (2) days before the meeting so that appropriate arrangements can be made.