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Annual Budget

PROPOSED 2019-2020 BUDGET

THIS BUDGET WILL RAISE MORE TOTAL PROPERTY TAXES THAN LAST YEAR'S BUDGET BY $5,438,996 OR 11.4%, AND OF THAT AMOUNT, $1,647,700 IS TAX REVENUE TO BE RAISED FROM NEW PROPERTY ADDED TO THE TAX ROLL THIS YEAR.

NOTICE OF PUBLIC HEARING
The College Station City Council will hold a public hearing on its proposed fiscal year 2019-2020 annual budget at its regular council meeting on Thursday, Sept. 12 at 6 p.m. in Council Chambers at College Station City Hall Council Chambers, located at 1101 Texas Avenue, College Station, Texas. Copies of the proposed budget are available for review with the City Secretary of the City of College Station, at the Bob and Wanda Meyer Senior and Community Center, and on the city’s website. The public is invited to review and make comments on the proposed budget. Comments may be presented in writing or in person at the public hearing or may be made in writing to be mailed or delivered to the Assistant City Manager, College Station City Hall, 1101 Texas Avenue, College Station, Texas, 77842, prior to the end of business on Thursday, Sept. 12.

NOTICE OF 2019 TAX YEAR PROPOSED PROPERTY TAX RATE FOR CITY OF COLLEGE STATION
A tax rate of $0.534618 per $100 valuation has been proposed for adoption by the governing body of City of College Station. This rate exceeds the lower of the effective or rollback tax rate, and state law requires that two public hearings be held by the governing body before adopting the proposed tax rate.

The governing body of City of College Station proposes to use revenue attributable to the tax rate increase for the purpose of an increase in overall operational costs as a result of growth, including additional staff positions including those in police and fire, pay and benefits, required equipment and supplies, operational fixed costs and payment of debt service.

PROPOSED TAX RATE:                  $0.534618 per $100
PRECEDING YEAR'S TAX RATE:   $0.505841 per $100
EFFECTIVE TAX RATE:                    $0.495757 per $100
ROLLBACK TAX RATE:                    $0.534618 per $100

The effective tax rate is the total tax rate needed to raise the same amount of property tax revenue for City of College Station from the same properties in both the 2018 tax year and the 2019 tax year.

The rollback tax rate is the highest tax rate that City of College Station may adopt before voters are entitled to petition for an election to limit the rate that may be approved to the rollback rate.

YOUR TAXES OWED UNDER ANY OF THE ABOVE RATES CAN BE CALCULATED AS FOLLOWS:
property tax amount = (rate) x (taxable value of your property) / 100

SUPPLEMENTAL SB2 DISCLOSURES
2020* 2019 2018
Property Tax Revenue Budgeted - O&M $30,283,953 $26,183,547 $23,975,850
O&M Tax Rate per $100 assessed valuation $0.313174 $0.285502 $0.277161
Debt Service Tax Rate per $100 assessed valuation $0.221444 $0.220339 $0.220339
*Denotes Proposed Amounts

For assistance or detailed information about tax calculations, please contact:
KRISTEEN ROE, CTA, PCC
Brazos County Tax Assessor/Collector
4151 County Park Ct., Bryan, TX 77802
 979.775.9930
taxoffice@brazoscountytx.gov
brazostax.org

You are urged to attend and express your views at the following public hearings on the proposed tax rate:

First Hearing: August 22, 2019 at 6:00 PM at City of College Station Council Chambers, 1011 Texas Avenue, College Station, TX 77840.

Second Hearing: September 12, 2019 at 6:00 PM at City of College Station Council Chambers, 1011 Texas Avenue, College Station, TX 77840.

The budget document represents the policy direction set by the city council through the strategic planning process. It also represents the preparation and collaboration among the operating departments concerning the best ways to provide services to the city, in the most cost-effective manner. The budget document is intended to give a comprehensive view of the city's day-to-day operations, scheduled capital improvement expenditures and principal and interest payments for outstanding long-term debt.

Budgeting is an essential element of the financial planning, control, and evaluation process of municipal government. The operating budget is the city's annual financial operating plan. The budget includes:

  • Budget Summary: This section provides a general overview of the proposed budget and identifies key changes from the prior year.
  • Vision Statements: The vision statements section of the budget provides a view of the various services provided by the city and is organized around the four city council vision statements and the Strategic Plan
  • Financial Section: This section provides a more traditional "fund accounting" view of the city's budget. Fund summaries and department summaries are provided.
  • Appendices: The fourth major section of the budget is the appendices, which contains supplemental information to meet specific City Charter requirements and to help the reader better understand the community.

The proposed budget is prepared and presented to the city council 30-90 days before the end of the fiscal year, which is Sept. 30. The city council then reviews and revises the budget and receives citizen input through a public hearing on the proposed budget.

The budget process shall span sufficient time to address policy and fiscal issues by the council.

The council will adopt by ordinance such budget as it may have been amended as the city's annual budget, effective for the fiscal year beginning Oct. 1.

GFOA Award

The City of College Station has applied for and received the Distinguished Budget Presentation Award from the Government Finance Officers Association. To receive this award, a governmental unit must publish a budget document that meets program criteria as a policy document, as an operations guide, as a financial plan and as a communications device.

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