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2022-08-29 CITY COUNCIL SPECIAL MEETING AGENDA-FIRST BUDGET DISCUSSION s 9 CITY COUNCIL SPECIAL MEETING: FIRST BUDGET PUBLIC HEARING AND BUDGET DISCUSSION #3 AGENDA AUGUST 29, 2022 6:30 P.M. PEARLAND CITY HALL ICOUNCIL CHAMBERS 13519 LIBERTY DRIVE I. CALL TO ORDER II. ROLL CALL AND CERTIFICATION OF QUORUM Mayor J. Kevin Cole, Mayor Pro-Tern Tony Carbone, Councilmembers Joseph Koza, Alex Kamkar, Adrian Hernandez, Layni Cade, Jeffrey Barry, and Woody Owens. III. CITIZEN COMMENTS In order to hear all citizen comments at a reasonable hour, the City Council requests that speakers respect the three-minute time limit for individual comments and the five- minute time limit for an individual speaking on behalf of a group. This is not a question-answer session, however, it is an opportunity to voice your thoughts with City Council. IV. NEW BUSINESS 1. Public Hearing on FY23 Proposed City Property Tax Rate Tax Rate Public Hearing AIR-22-436-Pdf 2. Public Hearing on Proposed Fiscal Year 2022-2023 Budget Public Hearing on Proposed Fiscal Year 2022-2023 Budget AIR-22-434- Pdf 3. Fiscal Year 2023 Budget Discussion #3 Budget Discussion#3 AIR-22-432- Pdf V. ADJOURNMENT If you plan to attend this public meeting and you have a disability that requires special arrangements at the meeting, please contact the City Secretary at 281.652.1840 or by e-mail at citysecretary@pearlandtx.gov. Requests for special services must be received Forty-eight (48) hours prior to the meeting time. Reasonable accommodations will be made to assist your needs. City Council First Public Tax Hearing & Budget Discussion #3 - Aug 29 2022 I, Frances Aguilar, City Secretary, do hereby certify that this Notice of Meeting was posted on the City Hall bulletin board, a place convenient and readily accessible to the general public at all times, and to the City's website, https://www.peariandtx.gov/, in compliance with Chapter 551, Texas Government Code. This said Notice of the City of Pearland City Council Special Meeting: First Budget Public Hearing and Budget Discussion #3 for August 29, 2022, was posted at City Hall, 3519 Liberty Dr., Pearland, Texas 77581 on August 26, 2022, by 5:00 p.m. and remained so posted continuously for at least 72 hours proceeding the scheduled time of the said meeting. Frances Aguilar City Secretary City Council First Public Tax Hearing & Budget Discussion #3 - Aug 29 2022 NOTICE OF PUBLIC HEARING ON TAX INCREASE A tax rate of$0 628765 per$100 valuation has been proposed by the governing body of CITY OF PEARLAND PROPOSED TAX RATE $0 628765 per $100 NO-NEW-REVENUE TAX RATE $0 543044 per $100 VOTER-APPROVAL TAX RATE $0.633611 per$100 The no-new-revenue tax rate is the tax rate for the 2022 tax year that will raise the same amount of property tax revenue for CITY OF PEARLAND from the same properties in both the 2021 tax year and the 2022 tax year The voter-approval rate is the highest tax rate that CITY OF PEARLAND may adopt without holding an election to seek voter approval of the rate The proposed tax rate is greater than the no-new-revenue tax rate This means that CITY OF PEARLAND is proposing to increase property taxes for the 2022 tax year A PUBLIC HEARING ON THE PROPOSED TAX RATE WILL BE HELD ON August 29, 2022 AT 6 30 PM AT the City Hall Council Chambers, 3519 Liberty Dr, Pearland, Texas 77581. The proposed tax rate is not greater than the voter-approval tax rate As a result, CITY OF PEARLAND is not required to hold an election at which voters may accept or reject the proposed tax rate However, you may express your support for or opposition to the proposed tax rate by contacting the members of the City Council of CITY OF PEARLAND at their offices or by attending the public hearing mentioned above. YOUR TAXES OWED UNDER ANY OF THE RATES MENTIONED ABOVE CAN BE CALCULATED AS FOLLOWS Property tax amount= (tax rate) x (taxable value of your property)/100 FOR the proposal: Tony Carbone Joseph Koza Alex Kamkar Adrian Hernandez Layni Cade Jeffrey Barry Woody Owens AGAINST the proposal. PRESENT and not voting.Mayor Kevin Cole ABSENT: Visit Texas.gov/PropertyTaxes to find a link to your local property tax database on which you can easily access information regarding your property taxes, including information about proposed tax rates and scheduled public hearings of each entity that taxes your property The 86th Texas Legislature modified the manner in which the voter-approval tax rate is calculated to limit the rate of growth of property taxes in the state. The following table compares the taxes imposed on the average residence homestead by CITY OF PEARLAND last year to the taxes proposed to be imposed on the average residence homestead by CITY OF fL � PEARLAND this year 2021 2022 Change Total tax rate (per $0 701416 $0 628765 decrease of-0 072651, or $100 of value) -10 36% Average homestead $281,753 $299,794 increase of 18,041, or taxable value 6.40% Tax on average $1,976.26 $1,885.00 decrease of-91.26, or homestead -4 62% Total tax levy on all $59,169,396 $69,616,955 increase of 10,447,559, or properties 17 66% For assistance with tax calculations, please contact the tax assessor for CITY OF PEARLAND at 979-864- 1320 or taxoffice@brazoria-county corn, or visit https.//www brazoriacountytx.gov/departments/tax-office for more information. • • I,