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Min - City Council - 1999 - 08/30 - Special CalledALLEN CITY COUNCIL SPECIAL CALLED SESSION PUBLIC HEARING ON THE TAX RATE AUGUST 30, 1999 - 7:00 P.M. ALLEN PUBLIC LIBRARY COUNCIL CHAMBERS Present Stephen Terrell, Mayor Councilmembers: Lonnie Thomas (absent) David Kerr, Mayor Pro Tem Doug Gallagher (absent) Susan Bartlemay Kenneth Fulk Melissa Owen (absent) City Staff: Peter H. Vargas, City Manager Judy Morrison, City Secretary (absent) Shelley George, Assistant City Secretary ' Linda Vaughan, Finance Director Jay Foster, Budget Analyst Call to Order and Announce a Ouorum is Present (Agenda Item I) With a quorum of the Councilmembers present, the special called session of the Public Hearing on the Tax Rate of the Allen City Council was called to order by Mayor Terrell at 7:03 p.m. on Monday, August 30, 1999, in the Council Chambers of the Allen Public Library, Two Allen Civic Plaza, Allen, Texas. Public Hearing on the Proposed Tax Rate as (Agenda Item II) Required by Texas Truth -in -Taxation Statute Mayor Terrell opened the public hearing and asked for anyone speaking either for or against the proposed tax rate to do so at this time. Ray Conrad, 1402 Red Tip Drive, Allen, Texas, spoke in opposition to the proposed tax rate He expressed concerns regarding the amount of the reduction since there was an increase in property valuations and the effect of the recently passed bond measures He also questioned the effect of tax abatements on the City's tax rate. Sharon Rettmeier, 1518 Sunflower Drive, Allen, Texas, asked what the reduction in the tax rate would be. I Peter Achdleos, Allen, Texas, asked if the Allen Independent School District's Board of Trustees' jurisdiction was different from the City Council's jurisdiction ALLEN CITY COUNCIL SPECIAL CALLED SESSION PUBLIC HEARING ON THE TAX RATE AUGUST 30, 1999 PAGE June Coolness, 1509 Sunflower Drive, Allen, Texas, questioned the effect of reducing the current tax rate on future tax rates for the City Jay Conrad, 1402 Red Tip Drive, Allen, Texas, did not wish to speak but requested her opposition to the proposed tax rate be recorded. With no one else speaking either for or against the request, Mayor Terrell closed the public hearing. City Manager Peter Vargas provided an overview of the tax rate calculations and the requirements of the Truth -in -Taxation Statute Council addressed the concerns expressed regarding tax abatements and the effect of the changes made by the Texas Legislature on next year's budget process. Mayor Terrell announced Council would consider the adoption of the proposed $39.3 million FY 1999-2000 budget and the proposed $0.574 tax rate at the September 2, 1999, Council meeting. Adiourn (Agenda Item III) MOTION: Upon a motion made by Councilmember Banlemay and a second by Comailmember Fulk, the Council voted four (4) for and none (0) opposed to adjourn the special called session of the Allen City Council at 7 16 p.m. on Monday, August 30, 1999 The motion carried. These minutes approved on the 16th day of September, 1999 APPROVED: Z `T Stephen Terrell, MAYOR ATTEST: J y Mo son, CMC, CITY SECRETARY