[00:00:04]
[A. CALL TO ORDER]
STINSON, WILL YOU CONFIRM THE MEETING WAS DULY CALLED AND A NOTICE OF THIS MEETING WAS POSTED IN ACCORDANCE WITH TEXAS OPEN MEETINGS ACT.YES, MR. DAVIS. WE DID POST AND ADVERTISE THIS MEETING IN ACCORDANCE WITH THE LAW.
[C. PUBLIC HEARING TO DISCUSS AND HEAR COMMENTS ON THE 2023-24 BUDGET AND PROPOSED TAX RATE]
THIS IS A PUBLIC HEARING.KATIE, YOU'RE UP FIRST FOR A PRESENTATION, PLEASE.
SO WE DO HAVE CERTAIN TAX AND BUDGET PUBLICATIONS REQUIRED.
WE DO HAVE TO HOLD AN ANNUAL PUBLIC MEETING TO DISCUSS THE PROPOSED BUDGET AND TAX RATE.
THE SECOND HEARING WAS PUBLISHED ON AUGUST THE 10TH, WHICH GAVE US TEN DAYS PRIOR TO THIS MEETING.
WE DID POST THE REQUIRED ADOPTED BUDGET SUMMARY AND TAX CALCULATIONS ON OUR BISD WEBSITE ACCORDING TO TIA AND STATE GUIDELINES, AND THEN ALL NOTICE AND TAX CALCULATION INFORMATION WAS POSTED ON THE TARRANT APPRAISAL DISTRICT WEBSITE BOTH IN JUNE AND IN AUGUST.
SO OUR TAX RATE, WE DID RECEIVE PRELIMINARY VALUES IN APRIL AS REQUIRED BY LAW.
OUR CERTIFIED VALUES WERE RECEIVED ON THE 24TH FROM THE TARRANT APPRAISAL DISTRICT.
SO JUST A LITTLE REMINDER, WHEN VALUES WERE REVIEWED IN JUNE, WE HAD ESTIMATED AN 8% VALUE GROWTH.
AT THAT TIME, WE HAD ESTIMATED VALUES AT 15.7, 15.17 BILLION.
WHEN THEY CAME IN THE 40,000 HOMESTEAD, WHICH IS WHAT WE CURRENTLY HAD IN THE STATE, THOSE VALUES WERE AT 16.3 BILLION.
AND THEN ONCE THAT $100,000 HOMESTEAD WAS APPLIED, IT DROPPED IT DOWN TO 14.7 BILLION.
SO YOU CAN SEE AT 40,000 HOMESTEAD, OUR VALUES ACTUALLY GREW MORE THAN 16% WITH THE $100,000 HOMESTEAD, OUR VALUES GREW 5% OVER THE PRIOR YEAR, OUR TAXES IN JUNE, WE WERE ESTIMATING OUR TAX RATE FOR M AND O TO BE 8315.
TOTAL TAX RATE OF 1.2454, A DROP OF JUST UNDER THREE AND A HALF CENTS.
OUR PROPOSED RATE IS GOING TO BE 1.2031, WHICH IS A 7.67% DROP FROM THE PRIOR YEAR.
YOU CAN SEE WHERE OUR VALUES HAVE BEEN SINCE 2019, WHEN HOUSE BILL THREE WAS IMPLEMENTED.
WITH BOND REFINANCINGS AND BOND PREPAYMENTS, WE'VE SAVED OUR VOTERS AND OUR TAXPAYERS OVER $38.5 MILLION IN BOND INTEREST THAT THE DISTRICT WILL NOT HAVE TO PAY.
YOU HAVE A BUDGET AMENDMENT THAT IS BEFORE YOU TONIGHT THAT INCLUDES THE ROLL FORWARD ITEMS. AND WE'VE ALSO UPDATED THE REVENUE FOR THE CHANGE IN TAX VALUES AND STATE FUNDING.
AND THAT IS ALL I HAVE THIS EVENING, IF THERE ARE ANY QUESTIONS.
THANK YOU. KATIE. ALWAYS WELL PREPARED AND MAKING IT SIMPLE FOR THE SIMPLE MINDS TO UNDERSTAND.
ARE THERE ANY COMMENTS OR QUESTIONS FROM THE BOARD? LOOK THIS WAY. RALPH BRENDA, NO.
IS THERE ANYONE PRESENT WHO WOULD LIKE TO SPEAK CONCERNING THE 2023-24 BUDGET AND PROPOSED TAX RATE? THE CHAIR SEEING NONE.
WE'LL DECLARE THIS PUBLIC HEARING IS CLOSED.
STINSON ABOUT. IF NOT, WE'LL GO TO ITEM F.
ANYONE IN THE AUDIENCE WANTS TO SPEAK CONCERNING BRENDA DID ANYONE SIGN UP? THEY DID NOT SIGN UP.
ITEM G ONE, CONSIDER 2023-24 BUDGET AMENDMENT.
[G.1. Consider 2023-24 Budget Amendment ]
IS THERE A MOTION? MR. PRESIDENT, I MOVE THE BOARD TO APPROVE THE 2023-24 BUDGET AMENDMENT AS PRESENTED.THANK YOU, MR. DILKS. IS THERE A SECOND? I'LL SECOND. SECOND BY MR. DREES. ANY DISCUSSION FROM THE BOARD? ALL IN FAVOR OF THE MOTION SIGNIFY BY A RAISED HAND.
[G.2. Consider a Resolution Adopting the 2023-24 Ad Valorem Tax Rate Including the Maintenance & Operations (M&O) Tax Rate and the Interest & Sinking (I&S) Tax Rate]
[00:05:09]
IS THERE A MOTION? MR. PRESIDENT, I MOVE THAT THE PROPERTY TAX RATE BE INCREASED BY THE ADOPTION OF A TAX RATE OF $1.20.0.231 1.2031, I'M USUALLY BETTER THAN THAT.PER $100 OF VALUE, WHICH IS EFFECTIVELY A 12.8% INCREASE IN TAX RATE AND TO ADOPT THE RESOLUTION TO SET THE TAX LEVY FOR THE YEAR 23 ON ALL PROPERTY SUBJECT TO TAXATION WITHIN BISD AT A TOTAL TAX RATE OF $1 0.2031 PER $100 OF PROPERTY VALUE, OF WHICH $0.7892 IS FOR THE PURPOSE OF M AND O AND $0.413.9 IS FOR THE PURPOSE OF PAYMENT OF PRINCIPAL AND INTEREST ON DEBTS AS PRESENTED.
I HAVE A MOTION, DO I HEAR A SECOND? SECOND. SECOND WITH MISS SANDERS WISE.
ANY DISCUSSION COMMENTS FROM THE BOARD? EVEN THOUGH THE LANGUAGE SAYS IT'S AN INCREASE? WELL, EVERYONE KNOWING THE AUDIENCE AND WE GET ON THE RECORD TO SAY THIS IS ACTUALLY REDUCING OUR TAX RATE 7.67 CENTS LOWER THAN IT WAS LAST YEAR WITH THE WAY THE LAW IS WRITTEN AND THE WAY THEY WANT YOU TO POST STUFF, IT DOESN'T SEEM FAIR.
WE HAD THAT SAME DISCUSSION EVEN LAST YEAR.
NO FURTHER QUESTIONS OR COMMENTS ON THE BOARD.
ALL IN FAVOR OF THE MOTION SIGNIFY BY A RAISED HAND.
[G.3. Consideration and Possible Approval of an Order Calling a Voter Approval Tax Rate Election to be Held by the Birdville Independent School District on November 7, 2023]
2023. DO I HEAR A MOTION? MR. PRESIDENT, I MOVE THAT THE BOARD APPROVE AN ORDER CALLING A VOTER APPROVAL TAX RATE ELECTION TO BE HELD BY THE BIRDVILLE INDEPENDENT SCHOOL DISTRICT ON NOVEMBER 7TH, 2023.THANK YOU, MR. WISE, IS THERE A SECOND? SECOND, SECOND, MR. DILKS, ANY DISCUSSION FROM THE BOARD? THIS IS PUTTING IT RIGHT BACK IN THE HANDS OF OUR VOTERS WHERE WE GET LOCAL CONTROL.
WE CAN TAKE WE CAN TAKE CARE OF THAT $0.12 THAT WE COULD BE POSSIBLY GAINING HERE.
BUT PERFECT STORM FOR US WITH ELECTIONS IN AUSTIN, WHETHER WE'RE GOING TO INCREASE THE HOMESTEAD EXEMPTION AND THEY HAVE COMPRESSED SOME OF THE TAX RATE, BUT WE HAVE LOCAL CONTROL OVER THIS $0.12.
THAT'S IMPORTANT, I THINK, FOR US ALL TO KNOW.
ANY QUESTIONS OR COMMENTS FROM THE BOARD? ALL IN FAVOR OF THE MOTION SIGNIFY BY RAISED HAND.
MOTION IS CARRIED UNANIMOUSLY.
AGAIN, AS WE HAVE NO FURTHER BUSINESS.
DO I HEAR A MOTION TO ADJOURN THE MEETING? I'LL MOVE TO ADJOURN.
THANK YOU, MR. DREES. IS THERE A SECOND? SECOND. SECOND.
BY MR. TOLBERT. ALL IN FAVOR SAY AYE? AYE. ALL OPPOSED, STAY AROUND FOR A WHILE.
THE MEETING ADJOURNED AT
* This transcript was compiled from uncorrected Closed Captioning.