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2002-08-26 CITY COUNCIL PUBLIC HEARING MEETING MINUTESMINUTES OF A PUBLIC HEARING OF THE CITY COUNCIL OF THE CITY OF PEARLAND, TEXAS, HELD ON AUGUST 26, 2002, AT 7:15 P.M. IN THE COUNCIL CHAMBERS, CITY HALL, 3519 LIBERTY DRIVE, PEARLAND, TEXAS. The meeting was called to order with the following present: Mayor Mayor Pro -Tem Councilmember Councilmember Councilmember Councilmember City Manager City Attorney City Secretary Tom Reid Woody Owens Richard Tetens Charles Viktorin Larry Marcott Klaus Seeger Bill Eisen Darrin Coker Young Lorfing Others in attendance: Deputy City Manager Alan Mueller; Executive Director of Community Services Tobin Maples; Police Chief J.C. Doyle; City Engineer John Hargrove; Interim Director of Finance Cindy Soto; Parks and Recreation Director Ed Hersh; Director of Human Resources and Safety Management Mary Hickling; Project Director Joe Wertz; and Assistant Police Chief Johnny Spires. PURPOSE OF HEARING — A PROPOSAL TO INCREASE TOTAL TAX REVENUES FROM PROPERTIES ON THE TAX ROLL IN 2002 BY 6.22 PERCENT. Mr. Bill Eisen, City Manager. STAFF REVIEW OF PROPOSED TAX INCREASE City Manager, Bill Eisen, stated the property tax rate will remain the same as it is in the current year, which is $0.686 per $100 of property value. The two elements that are calculated into what someone pays in property taxes is the tax rate and the assessed value of the property. Assessed value is determined by the Appraisal District. The impact on any individual property owner in the upcoming year would be dependent upon whether or not, or how much, that person's property value was appraised for by the Appraisal District, because the property tax rate is remaining the same. CITIZEN COMMENTS None. Page 1 of 2 - 8/26/2002 COUNCIL/STAFF DISCUSSION None. ADJOURNMENT - Meeting'was adjourned at 7:29 p.m. Minutes approved as submitted and/or corrected this the q day of Se tp ember. A.D., 2002. Tom Reid Mayor ATTEST: Page 2 of 2 - 8/26/2002