Board of Directors Regular Meeting Agenda


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Meeting Date: 01/22/2020  

SUBJECT MATTER:
Receive, consider and act upon adoption of 2020 Budget Calendar; 
FISCAL IMPACT:
Not applicable
BACKGROUND:
The proposed meeting schedule for review and approval of the 2021 budget and 2020 property tax rate is attached for the Board’s consideration.  The calendar has been drafted to conform with legislation passed during the 2019 legislative session related to property taxes (Senate Bill 2) and assumes the following guidelines, legal requirements, and deadlines:
  • Previous Boards have expressed a desire to conduct all budget workshop meetings during the same calendar week.
  • Previous Boards have preferred to schedule budget workshops during a time when the no-new-revenue tax rate (previously effective tax rate) and the voter-approval tax rate (previously the rollback rate) information is available from the Tax Assessor’s Office.
  • The Montgomery County Tax Assessor is tentatively scheduled to publish tax rates during the week of August 3 - 7, 2020.
  • At the conclusion of its budget workshop meetings, the Board must take a vote on a proposed tax rate to determine if a public hearing is required.  If the Board approves a proposed tax rate greater than the lower of the no-new-revenue rate or the voter-approval rate, one public hearing is required before the Board can vote on the adopted tax rate. (Previously, two public hearings were required.)  If the Board approves a proposed tax rate equal to or less than the lower of the no-new-revenue rate or the voter-approval rate, no public hearing is required prior to a vote on the adopted tax rate.
  • By August 7, or as soon therefore as practicable, the Chief Appraiser must deliver by regular mail or e-mail to each property owner located in the appraisal district a notice that the estimated amount of taxes to be imposed on the owner's property by each taxing unit may be found in the property tax database maintained by the appraisal district. The governing body may not hold a public hearing on a proposed tax rate or a public meeting to adopt a tax rate until the fifth day after the date the Chief Appraiser has delivered the notice.
  • The budget must be adopted prior to adopting the tax rate. 
  • If a public hearing is required, a "Notice of Public Meeting on Tax Increase" must be published a minimum of seven days prior to the public hearing on the tax rate.  The notice is published in the newspaper and on the Township's website.  The tax rate ultimately adopted by the Board may be lower than the published proposed rate, but it cannot be higher. 
  • If a public hearing is required, the governing body may adopt the tax rate at the conclusion of the public hearing.  If the governing body does not adopt the rate at the public hearing, the governing body must announce at the public hearing the date, time and place of the meeting at which it will adopt the tax rate.
  • If the governing body intends to adopt a tax rate that exceeds the voter-approval rate (previously rollback rate), it must adopt the tax rate no later than the 71st day before the uniform election date that occurs in November.  An adopted rate that exceeds the voter-approval rate will require an affirmative vote from property owners on the November 3, 2020 election date.  The Texas Secretary of State's Office has set an August 17, 2020 deadline for submission of ballot measures to be included on the November 3 ballot.
  • If the proposed rate does not exceed the voter-approval rate, the deadline for submission of the adopted tax rate to the Montgomery County tax assessor is September 15, 2020.
  • The tax rate must be adopted by the governing body no later than seven days (previously 14 days) after the date of the public hearing. 
The proposed meeting schedule for review and approval of the 2021 budget and 2020 property tax rate is attached for the Board’s consideration (Attachment A).  The calendar has been drafted to conform with legislation passed during the 2019 legislative session related to property taxes (Senate Bill 2) and assumes the following guidelines, legal requirements, and deadlines.
  • Previous Boards have expressed a desire to conduct all budget workshop meetings during the same calendar week.
  • Previous Boards have preferred to schedule budget workshops during a time when the no-new-revenue tax rate (previously effective tax rate) and the voter-approval tax rate (previously the rollback rate) information is available from the Tax Assessor’s Office.
  • The Montgomery County Tax Assessor is tentatively scheduled to publish tax rates during the week of August 3 - 7, 2020.
  • At the conclusion of its budget workshop meetings, the Board must take a vote on a proposed tax rate to determine if a public hearing is required.  If the Board approves a proposed tax rate greater than the lower of the no-new-revenue rate or the voter-approval rate, one public hearing is required before the Board can vote on the adopted tax rate. (Previously, two public hearings were required.)  If the Board approves a proposed tax rate equal to or less than the lower of the no-new-revenue rate or the voter-approval rate, no public hearing is required prior to a vote on the adopted tax rate.
  • By August 7 or as soon therefore as practicable, the chief appraiser must deliver by regular mail or e-mail to each property owner located in the appraisal district a notice that the estimated amount of taxes to be imposed on the owner's property by each taxing unit may be found in the property tax database maintained by the appraisal district. The governing body may not hold a public hearing on a proposed tax rate or a public meeting to adopt a tax rate until the fifth day after the date the chief appraiser has delivered the notice.
  • The budget must be adopted prior to adopting the tax rate. 
  • If a public hearing is required, a "Notice of Public Meeting on Tax Increase" must be published a minimum of seven days prior to the public hearing on the tax rate.  The notice is published in the newspaper and on the Township's website.  The tax rate ultimately adopted by the Board may be lower than the published proposed rate, but it cannot be higher. 
  • If a public hearing is required, the governing body may adopt the tax rate at the conclusion of the public hearing.  If the governing body does not adopt the rate at the public hearing, the governing body must announce at the public hearing the date, time and place of the meeting at which it will adopt the tax rate.
  • If the governing body intends to adopt a tax rate that exceeds the voter-approval rate (previously rollback rate), it must adopt the tax rate no later than the 71st day before the uniform election date that occurs in November.  An adopted rate that exceeds the voter-approval rate will require an affirmative vote from property owners on the November 3, 2020 election date.  The Texas Secretary of State's Office has set an August 17, 2020 deadline for submission of ballot measures to be included on the November 3 ballot.
  • If the proposed rate does not exceed the voter-approval rate, the deadline for submission of the adopted tax rate to the Montgomery County tax assessor is September 15, 2020.
  • The tax rate must be adopted by the governing body no later than seven days (previously 14 days) after the date of the public hearing. 
The proposed meeting schedule for review and approval of the 2021 budget and 2020 property tax rate is attached for the Board’s consideration (Attachment A).  The calendar has been drafted to conform with legislation passed during the 2019 legislative session related to property taxes (Senate Bill 2) and assumes the following guidelines, legal requirements, and deadlines.
  • Previous Boards have expressed a desire to conduct all budget workshop meetings during the same calendar week.
  • Previous Boards have preferred to schedule budget workshops during a time when the no-new-revenue tax rate (previously effective tax rate) and the voter-approval tax rate (previously the rollback rate) information is available from the Tax Assessor’s Office.
  • The Montgomery County Tax Assessor is tentatively scheduled to publish tax rates during the week of August 3 - 7, 2020.
  • At the conclusion of its budget workshop meetings, the Board must take a vote on a proposed tax rate to determine if a public hearing is required.  If the Board approves a proposed tax rate greater than the lower of the no-new-revenue rate or the voter-approval rate, one public hearing is required before the Board can vote on the adopted tax rate. (Previously, two public hearings were required.)  If the Board approves a proposed tax rate equal to or less than the lower of the no-new-revenue rate or the voter-approval rate, no public hearing is required prior to a vote on the adopted tax rate.
  • By August 7 or as soon therefore as practicable, the chief appraiser must deliver by regular mail or e-mail to each property owner located in the appraisal district a notice that the estimated amount of taxes to be imposed on the owner's property by each taxing unit may be found in the property tax database maintained by the appraisal district. The governing body may not hold a public hearing on a proposed tax rate or a public meeting to adopt a tax rate until the fifth day after the date the chief appraiser has delivered the notice.
  • The budget must be adopted prior to adopting the tax rate. 
  • If a public hearing is required, a "Notice of Public Meeting on Tax Increase" must be published a minimum of seven days prior to the public hearing on the tax rate.  The notice is published in the newspaper and on the Township's website.  The tax rate ultimately adopted by the Board may be lower than the published proposed rate, but it cannot be higher. 
  • If a public hearing is required, the governing body may adopt the tax rate at the conclusion of the public hearing.  If the governing body does not adopt the rate at the public hearing, the governing body must annouce at the public hearing the date, time and place of the meeting at which it will adopt the tax rate.
  • If the governing body intends to adopt a tax rate that exceeds the voter-approval rate (previously rollback rate), it must adopt the tax rate no later than the 71st day before the uniform election date that occurs in November.  An adopted rate that exceeds the voter-approval rate will require an affirmative vote from property owners on the November 3, 2020 election date.  The Texas Secretary of State's Office has set an August 17, 2020 deadline for submission of ballot measures to be included on the November 3 ballot.
  • If the proposed rate does not exceed the voter-approval rate, the deadline for submission of the adopted tax rate to the Montgomery County tax assessor is September 15, 2020.
  • The tax rate must be adopted by the governing body no later than seven days (previously 14 days) after the date of the public hearing. 
The proposed meeting schedule for review and approval of the 2021 budget and 2020 property tax rate is attached for the Board’s consideration (Attachment A).  The calendar has been drafted to conform with legislation passed during the 2019 legislative session related to property taxes (Senate Bill 2) and assumes the following guidelines, legal requirements, and deadlines.
  • Previous Boards have expressed a desire to conduct all budget workshop meetings during the same calendar week.
  • Previous Boards have preferred to schedule budget workshops during a time when the no-new-revenue tax rate (previously effective tax rate) and the voter-approval tax rate (previously the rollback rate) information is available from the Tax Assessor’s Office.
  • The Montgomery County Tax Assessor is tentatively scheduled to publish tax rates during the week of August 3 - 7, 2020.
  • At the conclusion of its budget workshop meetings, the Board must take a vote on a proposed tax rate to determine if a public hearing is required.  If the Board approves a proposed tax rate greater than the lower of the no-new-revenue rate or the voter-approval rate, one public hearing is required before the Board can vote on the adopted tax rate. (Previously, two public hearings were required.)  If the Board approves a proposed tax rate equal to or less than the lower of the no-new-revenue rate or the voter-approval rate, no public hearing is required prior to a vote on the adopted tax rate.
  • By August 7 or as soon therefore as practicable, the chief appraiser must deliver by regular mail or e-mail to each property owner located in the appraisal district a notice that the estimated amount of taxes to be imposed on the owner's property by each taxing unit may be found in the property tax database maintained by the appraisal district. The governing body may not hold a public hearing on a proposed tax rate or a public meeting to adopt a tax rate until the fifth day after the date the chief appraiser has delivered the notice.
  • The budget must be adopted prior to adopting the tax rate. 
  • If a public hearing is required, a "Notice of Public Meeting on Tax Increase" must be published a minimum of seven days prior to the public hearing on the tax rate.  The notice is published in the newspaper and on the Township's website.  The tax rate ultimately adopted by the Board may be lower than the published proposed rate, but it cannot be higher. 
  • If a public hearing is required, the governing body may adopt the tax rate at the conclusion of the public hearing.  If the governing body does not adopt the rate at the public hearing, the governing body must annouce at the public hearing the date, time and place of the meeting at which it will adopt the tax rate.
  • If the governing body intends to adopt a tax rate that exceeds the voter-approval rate (previously rollback rate), it must adopt the tax rate no later than the 71st day before the uniform election date that occurs in November.  An adopted rate that exceeds the voter-approval rate will require an affirmative vote from property owners on the November 3, 2020 election date.  The Texas Secretary of State's Office has set an August 17, 2020 deadline for submission of ballot measures to be included on the November 3 ballot.
  • If the proposed rate does not exceed the voter-approval rate, the deadline for submission of the adopted tax rate to the Montgomery County tax assessor is September 15, 2020.
  • The tax rate must be adopted by the governing body no later than seven days (previously 14 days) after the date of the public hearing. 
The proposed meeting schedule for review and approval of the 2021 budget and 2020 property tax rate is attached for the Board’s consideration (Attachment A).  The calendar has been drafted to conform with legislation passed during the 2019 legislative session related to property taxes (Senate Bill 2) and assumes the following guidelines, legal requirements, and deadlines.
  • Previous Boards have expressed a desire to conduct all budget workshop meetings during the same calendar week.
  • Previous Boards have preferred to schedule budget workshops during a time when the no-new-revenue tax rate (previously effective tax rate) and the voter-approval tax rate (previously the rollback rate) information is available from the Tax Assessor’s Office.
  • The Montgomery County Tax Assessor is tentatively scheduled to publish tax rates during the week of August 3 - 7, 2020.
  • At the conclusion of its budget workshop meetings, the Board must take a vote on a proposed tax rate to determine if a public hearing is required.  If the Board approves a proposed tax rate greater than the lower of the no-new-revenue rate or the voter-approval rate, one public hearing is required before the Board can vote on the adopted tax rate. (Previously, two public hearings were required.)  If the Board approves a proposed tax rate equal to or less than the lower of the no-new-revenue rate or the voter-approval rate, no public hearing is required prior to a vote on the adopted tax rate.
  • By August 7 or as soon therefore as practicable, the chief appraiser must deliver by regular mail or e-mail to each property owner located in the appraisal district a notice that the estimated amount of taxes to be imposed on the owner's property by each taxing unit may be found in the property tax database maintained by the appraisal district. The governing body may not hold a public hearing on a proposed tax rate or a public meeting to adopt a tax rate until the fifth day after the date the chief appraiser has delivered the notice.
  • The budget must be adopted prior to adopting the tax rate. 
  • If a public hearing is required, a "Notice of Public Meeting on Tax Increase" must be published a minimum of seven days prior to the public hearing on the tax rate.  The notice is published in the newspaper and on the Township's website.  The tax rate ultimately adopted by the Board may be lower than the published proposed rate, but it cannot be higher. 
  • If a public hearing is required, the governing body may adopt the tax rate at the conclusion of the public hearing.  If the governing body does not adopt the rate at the public hearing, the governing body must announce at the public hearing the date, time and place of the meeting at which it will adopt the tax rate.
  • If the governing body intends to adopt a tax rate that exceeds the voter-approval rate (previously rollback rate), it must adopt the tax rate no later than the 71st day before the uniform election date that occurs in November.  An adopted rate that exceeds the voter-approval rate will require an affirmative vote from property owners on the November 3, 2020 election date.  The Texas Secretary of State's Office has set an August 17, 2020 deadline for submission of ballot measures to be included on the November 3 ballot.
  • If the proposed rate does not exceed the voter-approval rate, the deadline for submission of the adopted tax rate to the Montgomery County tax assessor is September 15, 2020.
  • The tax rate must be adopted by the governing body no later than seven days (previously 14 days) after the date of the public hearing. 
The proposed meeting schedule for review and approval of the 2021 budget and 2020 property tax rate is attached for the Board’s consideration (Attachment A).  The calendar has been drafted to conform with legislation passed during the 2019 legislative session related to property taxes (Senate Bill 2) and assumes the following guidelines, legal requirements, and deadlines.
  • Previous Boards have expressed a desire to conduct all budget workshop meetings during the same calendar week.
  • Previous Boards have preferred to schedule budget workshops during a time when the no-new-revenue tax rate (previously effective tax rate) and the voter-approval tax rate (previously the rollback rate) information is available from the Tax Assessor’s Office.
  • The Montgomery County Tax Assessor is tentatively scheduled to publish tax rates during the week of August 3 - 7, 2020.
  • At the conclusion of its budget workshop meetings, the Board must take a vote on a proposed tax rate to determine if a public hearing is required.  If the Board approves a proposed tax rate greater than the lower of the no-new-revenue rate or the voter-approval rate, one public hearing is required before the Board can vote on the adopted tax rate. (Previously, two public hearings were required.)  If the Board approves a proposed tax rate equal to or less than the lower of the no-new-revenue rate or the voter-approval rate, no public hearing is required prior to a vote on the adopted tax rate.
  • By August 7 or as soon therefore as practicable, the chief appraiser must deliver by regular mail or e-mail to each property owner located in the appraisal district a notice that the estimated amount of taxes to be imposed on the owner's property by each taxing unit may be found in the property tax database maintained by the appraisal district. The governing body may not hold a public hearing on a proposed tax rate or a public meeting to adopt a tax rate until the fifth day after the date the chief appraiser has delivered the notice.
  • The budget must be adopted prior to adopting the tax rate. 
  • If a public hearing is required, a "Notice of Public Meeting on Tax Increase" must be published a minimum of seven days prior to the public hearing on the tax rate.  The notice is published in the newspaper and on the Township's website.  The tax rate ultimately adopted by the Board may be lower than the published proposed rate, but it cannot be higher. 
  • If a public hearing is required, the governing body may adopt the tax rate at the conclusion of the public hearing.  If the governing body does not adopt the rate at the public hearing, the governing body must announce at the public hearing the date, time and place of the meeting at which it will adopt the tax rate.
  • If the governing body intends to adopt a tax rate that exceeds the voter-approval rate (previously rollback rate), it must adopt the tax rate no later than the 71st day before the uniform election date that occurs in November.  An adopted rate that exceeds the voter-approval rate will require an affirmative vote from property owners on the November 3, 2020 election date.  The Texas Secretary of State's Office has set an August 17, 2020 deadline for submission of ballot measures to be included on the November 3 ballot.
  • If the proposed rate does not exceed the voter-approval rate, the deadline for submission of the adopted tax rate to the Montgomery County tax assessor is September 15, 2020.
  • The tax rate must be adopted by the governing body no later than seven days (previously 14 days) after the date of the public hearing. 
The proposed meeting schedule for review and approval of the 2021 budget and 2020 property tax rate is attached for the Board’s consideration (Attachment A).  The calendar has been drafted to conform with legislation passed during the 2019 legislative session related to property taxes (Senate Bill 2) and assumes the following guidelines, legal requirements, and deadlines.
  • Previous Boards have expressed a desire to conduct all budget workshop meetings during the same calendar week.
  • Previous Boards have preferred to schedule budget workshops during a time when the no-new-revenue tax rate (previously effective tax rate) and the voter-approval tax rate (previously the rollback rate) information is available from the Tax Assessor’s Office.
  • The Montgomery County Tax Assessor is tentatively scheduled to publish tax rates during the week of August 3 - 7, 2020.
  • At the conclusion of its budget workshop meetings, the Board must take a vote on a proposed tax rate to determine if a public hearing is required.  If the Board approves a proposed tax rate greater than the lower of the no-new-revenue rate or the voter-approval rate, one public hearing is required before the Board can vote on the adopted tax rate. (Previously, two public hearings were required.)  If the Board approves a proposed tax rate equal to or less than the lower of the no-new-revenue rate or the voter-approval rate, no public hearing is required prior to a vote on the adopted tax rate.
  • By August 7 or as soon therefore as practicable, the chief appraiser must deliver by regular mail or e-mail to each property owner located in the appraisal district a notice that the estimated amount of taxes to be imposed on the owner's property by each taxing unit may be found in the property tax database maintained by the appraisal district. The governing body may not hold a public hearing on a proposed tax rate or a public meeting to adopt a tax rate until the fifth day after the date the chief appraiser has delivered the notice.
  • The budget must be adopted prior to adopting the tax rate. 
  • If a public hearing is required, a "Notice of Public Meeting on Tax Increase" must be published a minimum of seven days prior to the public hearing on the tax rate.  The notice is published in the newspaper and on the Township's website.  The tax rate ultimately adopted by the Board may be lower than the published proposed rate, but it cannot be higher. 
  • If a public hearing is required, the governing body may adopt the tax rate at the conclusion of the public hearing.  If the governing body does not adopt the rate at the public hearing, the governing body must annouce at the public hearing the date, time and place of the meeting at which it will adopt the tax rate.
  • If the governing body intends to adopt a tax rate that exceeds the voter-approval rate (previously rollback rate), it must adopt the tax rate no later than the 71st day before the uniform election date that occurs in November.  An adopted rate that exceeds the voter-approval rate will require an affirmative vote from property owners on the November 3, 2020 election date.  The Texas Secretary of State's Office has set an August 17, 2020 deadline for submission of ballot measures to be included on the November 3 ballot.
  • If the proposed rate does not exceed the voter-approval rate, the deadline for submission of the adopted tax rate to the Montgomery County tax assessor is September 15, 2020.
  • The tax rate must be adopted by the governing body no later than seven days (previously 14 days) after the date of the public hearing. 
The proposed meeting schedule for review and approval of the 2021 budget and 2020 property tax rate is attached for the Board’s consideration (Attachment A).  The calendar has been drafted to conform with legislation passed during the 2019 legislative session related to property taxes (Senate Bill 2) and assumes the following guidelines, legal requirements, and deadlines.
  • Previous Boards have expressed a desire to conduct all budget workshop meetings during the same calendar week.
  • Previous Boards have preferred to schedule budget workshops during a time when the no-new-revenue tax rate (previously effective tax rate) and the voter-approval tax rate (previously the rollback rate) information is available from the Tax Assessor’s Office.
  • The Montgomery County Tax Assessor is tentatively scheduled to publish tax rates during the week of August 3 - 7, 2020.
  • At the conclusion of its budget workshop meetings, the Board must take a vote on a proposed tax rate to determine if a public hearing is required.  If the Board approves a proposed tax rate greater than the lower of the no-new-revenue rate or the voter-approval rate, one public hearing is required before the Board can vote on the adopted tax rate. (Previously, two public hearings were required.)  If the Board approves a proposed tax rate equal to or less than the lower of the no-new-revenue rate or the voter-approval rate, no public hearing is required prior to a vote on the adopted tax rate.
  • By August 7 or as soon therefore as practicable, the chief appraiser must deliver by regular mail or e-mail to each property owner located in the appraisal district a notice that the estimated amount of taxes to be imposed on the owner's property by each taxing unit may be found in the property tax database maintained by the appraisal district. The governing body may not hold a public hearing on a proposed tax rate or a public meeting to adopt a tax rate until the fifth day after the date the chief appraiser has delivered the notice.
  • The budget must be adopted prior to adopting the tax rate. 
  • If a public hearing is required, a "Notice of Public Meeting on Tax Increase" must be published a minimum of seven days prior to the public hearing on the tax rate.  The notice is published in the newspaper and on the Township's website.  The tax rate ultimately adopted by the Board may be lower than the published proposed rate, but it cannot be higher. 
  • If a public hearing is required, the governing body may adopt the tax rate at the conclusion of the public hearing.  If the governing body does not adopt the rate at the public hearing, the governing body must annouce at the public hearing the date, time and place of the meeting at which it will adopt the tax rate.
  • If the governing body intends to adopt a tax rate that exceeds the voter-approval rate (previously rollback rate), it must adopt the tax rate no later than the 71st day before the uniform election date that occurs in November.  An adopted rate that exceeds the voter-approval rate will require an affirmative vote from property owners on the November 3, 2020 election date.  The Texas Secretary of State's Office has set an August 17, 2020 deadline for submission of ballot measures to be included on the November 3 ballot.
  • If the proposed rate does not exceed the voter-approval rate, the deadline for submission of the adopted tax rate to the Montgomery County tax assessor is September 15, 2020.
  • The tax rate must be adopted by the governing body no later than seven days (previously 14 days) after the date of the public hearing. 
The proposed meeting schedule for review and approval of the 2021 budget and 2020 property tax rate is attached for the Board’s consideration (Attachment A).  The calendar has been drafted to conform with legislation passed during the 2019 legislative session related to property taxes (Senate Bill 2) and assumes the following guidelines, legal requirements, and deadlines.
  • Previous Boards have expressed a desire to conduct all budget workshop meetings during the same calendar week.
  • Previous Boards have preferred to schedule budget workshops during a time when the no-new-revenue tax rate (previously effective tax rate) and the voter-approval tax rate (previously the rollback rate) information is available from the Tax Assessor’s Office.
  • The Montgomery County Tax Assessor is tentatively scheduled to publish tax rates during the week of August 3 - 7, 2020.
  • At the conclusion of its budget workshop meetings, the Board must take a vote on a proposed tax rate to determine if a public hearing is required.  If the Board approves a proposed tax rate greater than the lower of the no-new-revenue rate or the voter-approval rate, one public hearing is required before the Board can vote on the adopted tax rate. (Previously, two public hearings were required.)  If the Board approves a proposed tax rate equal to or less than the lower of the no-new-revenue rate or the voter-approval rate, no public hearing is required prior to a vote on the adopted tax rate.
  • By August 7 or as soon therefore as practicable, the chief appraiser must deliver by regular mail or e-mail to each property owner located in the appraisal district a notice that the estimated amount of taxes to be imposed on the owner's property by each taxing unit may be found in the property tax database maintained by the appraisal district. The governing body may not hold a public hearing on a proposed tax rate or a public meeting to adopt a tax rate until the fifth day after the date the chief appraiser has delivered the notice.
  • The budget must be adopted prior to adopting the tax rate. 
  • If a public hearing is required, a "Notice of Public Meeting on Tax Increase" must be published a minimum of seven days prior to the public hearing on the tax rate.  The notice is published in the newspaper and on the Township's website.  The tax rate ultimately adopted by the Board may be lower than the published proposed rate, but it cannot be higher. 
  • If a public hearing is required, the governing body may adopt the tax rate at the conclusion of the public hearing.  If the governing body does not adopt the rate at the public hearing, the governing body must announce at the public hearing the date, time and place of the meeting at which it will adopt the tax rate.
  • If the governing body intends to adopt a tax rate that exceeds the voter-approval rate (previously rollback rate), it must adopt the tax rate no later than the 71st day before the uniform election date that occurs in November.  An adopted rate that exceeds the voter-approval rate will require an affirmative vote from property owners on the November 3, 2020 election date.  The Texas Secretary of State's Office has set an August 17, 2020 deadline for submission of ballot measures to be included on the November 3 ballot.
  • If the proposed rate does not exceed the voter-approval rate, the deadline for submission of the adopted tax rate to the Montgomery County tax assessor is September 15, 2020.
  • The tax rate must be adopted by the governing body no later than seven days (previously 14 days) after the date of the public hearing. 
The proposed meeting schedule for review and approval of the 2021 budget and 2020 property tax rate is attached for the Board’s consideration (Attachment A).  The calendar has been drafted to conform with legislation passed during the 2019 legislative session related to property taxes (Senate Bill 2) and assumes the following guidelines, legal requirements, and deadlines.
  • Previous Boards have expressed a desire to conduct all budget workshop meetings during the same calendar week.
  • Previous Boards have preferred to schedule budget workshops during a time when the no-new-revenue tax rate (previously effective tax rate) and the voter-approval tax rate (previously the rollback rate) information is available from the Tax Assessor’s Office.
  • The Montgomery County Tax Assessor is tentatively scheduled to publish tax rates during the week of August 3 - 7, 2020.
  • At the conclusion of its budget workshop meetings, the Board must take a vote on a proposed tax rate to determine if a public hearing is required.  If the Board approves a proposed tax rate greater than the lower of the no-new-revenue rate or the voter-approval rate, one public hearing is required before the Board can vote on the adopted tax rate. (Previously, two public hearings were required.)  If the Board approves a proposed tax rate equal to or less than the lower of the no-new-revenue rate or the voter-approval rate, no public hearing is required prior to a vote on the adopted tax rate.
  • By August 7 or as soon therefore as practicable, the chief appraiser must deliver by regular mail or e-mail to each property owner located in the appraisal district a notice that the estimated amount of taxes to be imposed on the owner's property by each taxing unit may be found in the property tax database maintained by the appraisal district. The governing body may not hold a public hearing on a proposed tax rate or a public meeting to adopt a tax rate until the fifth day after the date the chief appraiser has delivered the notice.
  • The budget must be adopted prior to adopting the tax rate. 
  • If a public hearing is required, a "Notice of Public Meeting on Tax Increase" must be published a minimum of seven days prior to the public hearing on the tax rate.  The notice is published in the newspaper and on the Township's website.  The tax rate ultimately adopted by the Board may be lower than the published proposed rate, but it cannot be higher. 
  • If a public hearing is required, the governing body may adopt the tax rate at the conclusion of the public hearing.  If the governing body does not adopt the rate at the public hearing, the governing body must announce at the public hearing the date, time and place of the meeting at which it will adopt the tax rate.
  • If the governing body intends to adopt a tax rate that exceeds the voter-approval rate (previously rollback rate), it must adopt the tax rate no later than the 71st day before the uniform election date that occurs in November.  An adopted rate that exceeds the voter-approval rate will require an affirmative vote from property owners on the November 3, 2020 election date.  The Texas Secretary of State's Office has set an August 17, 2020 deadline for submission of ballot measures to be included on the November 3 ballot.
  • If the proposed rate does not exceed the voter-approval rate, the deadline for submission of the adopted tax rate to the Montgomery County tax assessor is September 15, 2020.
  • The tax rate must be adopted by the governing body no later than seven days (previously 14 days) after the date of the public hearing. 
The proposed meeting schedule for review and approval of the 2021 budget and 2020 property tax rate is attached for the Board’s consideration (Attachment A).  The calendar has been drafted to conform with legislation passed during the 2019 legislative session related to property taxes (Senate Bill 2) and assumes the following guidelines, legal requirements, and deadlines.
  • Previous Boards have expressed a desire to conduct all budget workshop meetings during the same calendar week.
  • Previous Boards have preferred to schedule budget workshops during a time when the no-new-revenue tax rate (previously effective tax rate) and the voter-approval tax rate (previously the rollback rate) information is available from the Tax Assessor’s Office.
  • The Montgomery County Tax Assessor is tentatively scheduled to publish tax rates during the week of August 3 - 7, 2020.
  • At the conclusion of its budget workshop meetings, the Board must take a vote on a proposed tax rate to determine if a public hearing is required.  If the Board approves a proposed tax rate greater than the lower of the no-new-revenue rate or the voter-approval rate, one public hearing is required before the Board can vote on the adopted tax rate. (Previously, two public hearings were required.)  If the Board approves a proposed tax rate equal to or less than the lower of the no-new-revenue rate or the voter-approval rate, no public hearing is required prior to a vote on the adopted tax rate.
  • By August 7 or as soon therefore as practicable, the chief appraiser must deliver by regular mail or e-mail to each property owner located in the appraisal district a notice that the estimated amount of taxes to be imposed on the owner's property by each taxing unit may be found in the property tax database maintained by the appraisal district. The governing body may not hold a public hearing on a proposed tax rate or a public meeting to adopt a tax rate until the fifth day after the date the chief appraiser has delivered the notice.
  • The budget must be adopted prior to adopting the tax rate. 
  • If a public hearing is required, a "Notice of Public Meeting on Tax Increase" must be published a minimum of seven days prior to the public hearing on the tax rate.  The notice is published in the newspaper and on the Township's website.  The tax rate ultimately adopted by the Board may be lower than the published proposed rate, but it cannot be higher. 
  • If a public hearing is required, the governing body may adopt the tax rate at the conclusion of the public hearing.  If the governing body does not adopt the rate at the public hearing, the governing body must annouce at the public hearing the date, time and place of the meeting at which it will adopt the tax rate.
  • If the governing body intends to adopt a tax rate that exceeds the voter-approval rate (previously rollback rate), it must adopt the tax rate no later than the 71st day before the uniform election date that occurs in November.  An adopted rate that exceeds the voter-approval rate will require an affirmative vote from property owners on the November 3, 2020 election date.  The Texas Secretary of State's Office has set an August 17, 2020 deadline for submission of ballot measures to be included on the November 3 ballot.
  • If the proposed rate does not exceed the voter-approval rate, the deadline for submission of the adopted tax rate to the Montgomery County tax assessor is September 15, 2020.
  • The tax rate must be adopted by the governing body no later than seven days (previously 14 days) after the date of the public hearing. 
The proposed meeting schedule for review and approval of the 2021 budget and 2020 property tax rate is attached for the Board’s consideration (Attachment A).  The calendar has been drafted to conform with legislation passed during the 2019 legislative session related to property taxes (Senate Bill 2) and assumes the following guidelines, legal requirements, and deadlines.
  • Previous Boards have expressed a desire to conduct all budget workshop meetings during the same calendar week.
  • Previous Boards have preferred to schedule budget workshops during a time when the no-new-revenue tax rate (previously effective tax rate) and the voter-approval tax rate (previously the rollback rate) information is available from the Tax Assessor’s Office.
  • The Montgomery County Tax Assessor is tentatively scheduled to publish tax rates during the week of August 3 - 7, 2020.
  • At the conclusion of its budget workshop meetings, the Board must take a vote on a proposed tax rate to determine if a public hearing is required.  If the Board approves a proposed tax rate greater than the lower of the no-new-revenue rate or the voter-approval rate, one public hearing is required before the Board can vote on the adopted tax rate. (Previously, two public hearings were required.)  If the Board approves a proposed tax rate equal to or less than the lower of the no-new-revenue rate or the voter-approval rate, no public hearing is required prior to a vote on the adopted tax rate.
  • By August 7 or as soon therefore as practicable, the chief appraiser must deliver by regular mail or e-mail to each property owner located in the appraisal district a notice that the estimated amount of taxes to be imposed on the owner's property by each taxing unit may be found in the property tax database maintained by the appraisal district. The governing body may not hold a public hearing on a proposed tax rate or a public meeting to adopt a tax rate until the fifth day after the date the chief appraiser has delivered the notice.
  • The budget must be adopted prior to adopting the tax rate. 
  • If a public hearing is required, a "Notice of Public Meeting on Tax Increase" must be published a minimum of seven days prior to the public hearing on the tax rate.  The notice is published in the newspaper and on the Township's website.  The tax rate ultimately adopted by the Board may be lower than the published proposed rate, but it cannot be higher. 
  • If a public hearing is required, the governing body may adopt the tax rate at the conclusion of the public hearing.  If the governing body does not adopt the rate at the public hearing, the governing body must annouce at the public hearing the date, time and place of the meeting at which it will adopt the tax rate.
  • If the governing body intends to adopt a tax rate that exceeds the voter-approval rate (previously rollback rate), it must adopt the tax rate no later than the 71st day before the uniform election date that occurs in November.  An adopted rate that exceeds the voter-approval rate will require an affirmative vote from property owners on the November 3, 2020 election date.  The Texas Secretary of State's Office has set an August 17, 2020 deadline for submission of ballot measures to be included on the November 3 ballot.
  • If the proposed rate does not exceed the voter-approval rate, the deadline for submission of the adopted tax rate to the Montgomery County tax assessor is September 15, 2020.
  • The tax rate must be adopted by the governing body no later than seven days (previously 14 days) after the date of the public hearing. 
The proposed meeting schedule for review and approval of the 2021 budget and 2020 property tax rate is attached for the Board’s consideration (Attachment A).  The calendar has been drafted to conform with legislation passed during the 2019 legislative session related to property taxes (Senate Bill 2) and assumes the following guidelines, legal requirements, and deadlines.
  • Previous Boards have expressed a desire to conduct all budget workshop meetings during the same calendar week.
  • Previous Boards have preferred to schedule budget workshops during a time when the no-new-revenue tax rate (previously effective tax rate) and the voter-approval tax rate (previously the rollback rate) information is available from the Tax Assessor’s Office.
  • The Montgomery County Tax Assessor is tentatively scheduled to publish tax rates during the week of August 3 - 7, 2020.
  • At the conclusion of its budget workshop meetings, the Board must take a vote on a proposed tax rate to determine if a public hearing is required.  If the Board approves a proposed tax rate greater than the lower of the no-new-revenue rate or the voter-approval rate, one public hearing is required before the Board can vote on the adopted tax rate. (Previously, two public hearings were required.)  If the Board approves a proposed tax rate equal to or less than the lower of the no-new-revenue rate or the voter-approval rate, no public hearing is required prior to a vote on the adopted tax rate.
  • By August 7 or as soon therefore as practicable, the chief appraiser must deliver by regular mail or e-mail to each property owner located in the appraisal district a notice that the estimated amount of taxes to be imposed on the owner's property by each taxing unit may be found in the property tax database maintained by the appraisal district. The governing body may not hold a public hearing on a proposed tax rate or a public meeting to adopt a tax rate until the fifth day after the date the chief appraiser has delivered the notice.
  • The budget must be adopted prior to adopting the tax rate. 
  • If a public hearing is required, a "Notice of Public Meeting on Tax Increase" must be published a minimum of seven days prior to the public hearing on the tax rate.  The notice is published in the newspaper and on the Township's website.  The tax rate ultimately adopted by the Board may be lower than the published proposed rate, but it cannot be higher. 
  • If a public hearing is required, the governing body may adopt the tax rate at the conclusion of the public hearing.  If the governing body does not adopt the rate at the public hearing, the governing body must announce at the public hearing the date, time and place of the meeting at which it will adopt the tax rate.
  • If the governing body intends to adopt a tax rate that exceeds the voter-approval rate (previously rollback rate), it must adopt the tax rate no later than the 71st day before the uniform election date that occurs in November.  An adopted rate that exceeds the voter-approval rate will require an affirmative vote from property owners on the November 3, 2020 election date.  The Texas Secretary of State's Office has set an August 17, 2020 deadline for submission of ballot measures to be included on the November 3 ballot.
  • If the proposed rate does not exceed the voter-approval rate, the deadline for submission of the adopted tax rate to the Montgomery County tax assessor is September 15, 2020.
  • The tax rate must be adopted by the governing body no later than seven days (previously 14 days) after the date of the public hearing. 
The proposed meeting schedule for review and approval of the 2021 budget and 2020 property tax rate is attached for the Board’s consideration (Attachment A).  The calendar has been drafted to conform with legislation passed during the 2019 legislative session related to property taxes (Senate Bill 2) and assumes the following guidelines, legal requirements, and deadlines.
  • Previous Boards have expressed a desire to conduct all budget workshop meetings during the same calendar week.
  • Previous Boards have preferred to schedule budget workshops during a time when the no-new-revenue tax rate (previously effective tax rate) and the voter-approval tax rate (previously the rollback rate) information is available from the Tax Assessor’s Office.
  • The Montgomery County Tax Assessor is tentatively scheduled to publish tax rates during the week of August 3 - 7, 2020.
  • At the conclusion of its budget workshop meetings, the Board must take a vote on a proposed tax rate to determine if a public hearing is required.  If the Board approves a proposed tax rate greater than the lower of the no-new-revenue rate or the voter-approval rate, one public hearing is required before the Board can vote on the adopted tax rate. (Previously, two public hearings were required.)  If the Board approves a proposed tax rate equal to or less than the lower of the no-new-revenue rate or the voter-approval rate, no public hearing is required prior to a vote on the adopted tax rate.
  • By August 7 or as soon therefore as practicable, the chief appraiser must deliver by regular mail or e-mail to each property owner located in the appraisal district a notice that the estimated amount of taxes to be imposed on the owner's property by each taxing unit may be found in the property tax database maintained by the appraisal district. The governing body may not hold a public hearing on a proposed tax rate or a public meeting to adopt a tax rate until the fifth day after the date the chief appraiser has delivered the notice.
  • The budget must be adopted prior to adopting the tax rate. 
  • If a public hearing is required, a "Notice of Public Meeting on Tax Increase" must be published a minimum of seven days prior to the public hearing on the tax rate.  The notice is published in the newspaper and on the Township's website.  The tax rate ultimately adopted by the Board may be lower than the published proposed rate, but it cannot be higher. 
  • If a public hearing is required, the governing body may adopt the tax rate at the conclusion of the public hearing.  If the governing body does not adopt the rate at the public hearing, the governing body must announce at the public hearing the date, time and place of the meeting at which it will adopt the tax rate.
  • If the governing body intends to adopt a tax rate that exceeds the voter-approval rate (previously rollback rate), it must adopt the tax rate no later than the 71st day before the uniform election date that occurs in November.  An adopted rate that exceeds the voter-approval rate will require an affirmative vote from property owners on the November 3, 2020 election date.  The Texas Secretary of State's Office has set an August 17, 2020 deadline for submission of ballot measures to be included on the November 3 ballot.
  • If the proposed rate does not exceed the voter-approval rate, the deadline for submission of the adopted tax rate to the Montgomery County tax assessor is September 15, 2020.
  • The tax rate must be adopted by the governing body no later than seven days (previously 14 days) after the date of the public hearing. 
The proposed meeting schedule for review and approval of the 2021 budget and 2020 property tax rate is attached for the Board’s consideration (Attachment A).  The calendar has been drafted to conform with legislation passed during the 2019 legislative session related to property taxes (Senate Bill 2) and assumes the following guidelines, legal requirements, and deadlines.
  • Previous Boards have expressed a desire to conduct all budget workshop meetings during the same calendar week.
  • Previous Boards have preferred to schedule budget workshops during a time when the no-new-revenue tax rate (previously effective tax rate) and the voter-approval tax rate (previously the rollback rate) information is available from the Tax Assessor’s Office.
  • The Montgomery County Tax Assessor is tentatively scheduled to publish tax rates during the week of August 3 - 7, 2020.
  • At the conclusion of its budget workshop meetings, the Board must take a vote on a proposed tax rate to determine if a public hearing is required.  If the Board approves a proposed tax rate greater than the lower of the no-new-revenue rate or the voter-approval rate, one public hearing is required before the Board can vote on the adopted tax rate. (Previously, two public hearings were required.)  If the Board approves a proposed tax rate equal to or less than the lower of the no-new-revenue rate or the voter-approval rate, no public hearing is required prior to a vote on the adopted tax rate.
  • By August 7 or as soon therefore as practicable, the chief appraiser must deliver by regular mail or e-mail to each property owner located in the appraisal district a notice that the estimated amount of taxes to be imposed on the owner's property by each taxing unit may be found in the property tax database maintained by the appraisal district. The governing body may not hold a public hearing on a proposed tax rate or a public meeting to adopt a tax rate until the fifth day after the date the chief appraiser has delivered the notice.
  • The budget must be adopted prior to adopting the tax rate. 
  • If a public hearing is required, a "Notice of Public Meeting on Tax Increase" must be published a minimum of seven days prior to the public hearing on the tax rate.  The notice is published in the newspaper and on the Township's website.  The tax rate ultimately adopted by the Board may be lower than the published proposed rate, but it cannot be higher. 
  • If a public hearing is required, the governing body may adopt the tax rate at the conclusion of the public hearing.  If the governing body does not adopt the rate at the public hearing, the governing body must annouce at the public hearing the date, time and place of the meeting at which it will adopt the tax rate.
  • If the governing body intends to adopt a tax rate that exceeds the voter-approval rate (previously rollback rate), it must adopt the tax rate no later than the 71st day before the uniform election date that occurs in November.  An adopted rate that exceeds the voter-approval rate will require an affirmative vote from property owners on the November 3, 2020 election date.  The Texas Secretary of State's Office has set an August 17, 2020 deadline for submission of ballot measures to be included on the November 3 ballot.
  • If the proposed rate does not exceed the voter-approval rate, the deadline for submission of the adopted tax rate to the Montgomery County tax assessor is September 15, 2020.
  • The tax rate must be adopted by the governing body no later than seven days (previously 14 days) after the date of the public hearing. 
The proposed meeting schedule for review and approval of the 2021 budget and 2020 property tax rate is attached for the Board’s consideration (Attachment A).  The calendar has been drafted to conform with legislation passed during the 2019 legislative session related to property taxes (Senate Bill 2) and assumes the following guidelines, legal requirements, and deadlines.
  • Previous Boards have expressed a desire to conduct all budget workshop meetings during the same calendar week.
  • Previous Boards have preferred to schedule budget workshops during a time when the no-new-revenue tax rate (previously effective tax rate) and the voter-approval tax rate (previously the rollback rate) information is available from the Tax Assessor’s Office.
  • The Montgomery County Tax Assessor is tentatively scheduled to publish tax rates during the week of August 3 - 7, 2020.
  • At the conclusion of its budget workshop meetings, the Board must take a vote on a proposed tax rate to determine if a public hearing is required.  If the Board approves a proposed tax rate greater than the lower of the no-new-revenue rate or the voter-approval rate, one public hearing is required before the Board can vote on the adopted tax rate. (Previously, two public hearings were required.)  If the Board approves a proposed tax rate equal to or less than the lower of the no-new-revenue rate or the voter-approval rate, no public hearing is required prior to a vote on the adopted tax rate.
  • By August 7 or as soon therefore as practicable, the chief appraiser must deliver by regular mail or e-mail to each property owner located in the appraisal district a notice that the estimated amount of taxes to be imposed on the owner's property by each taxing unit may be found in the property tax database maintained by the appraisal district. The governing body may not hold a public hearing on a proposed tax rate or a public meeting to adopt a tax rate until the fifth day after the date the chief appraiser has delivered the notice.
  • The budget must be adopted prior to adopting the tax rate. 
  • If a public hearing is required, a "Notice of Public Meeting on Tax Increase" must be published a minimum of seven days prior to the public hearing on the tax rate.  The notice is published in the newspaper and on the Township's website.  The tax rate ultimately adopted by the Board may be lower than the published proposed rate, but it cannot be higher. 
  • If a public hearing is required, the governing body may adopt the tax rate at the conclusion of the public hearing.  If the governing body does not adopt the rate at the public hearing, the governing body must annouce at the public hearing the date, time and place of the meeting at which it will adopt the tax rate.
  • If the governing body intends to adopt a tax rate that exceeds the voter-approval rate (previously rollback rate), it must adopt the tax rate no later than the 71st day before the uniform election date that occurs in November.  An adopted rate that exceeds the voter-approval rate will require an affirmative vote from property owners on the November 3, 2020 election date.  The Texas Secretary of State's Office has set an August 17, 2020 deadline for submission of ballot measures to be included on the November 3 ballot.
  • If the proposed rate does not exceed the voter-approval rate, the deadline for submission of the adopted tax rate to the Montgomery County tax assessor is September 15, 2020.
  • The tax rate must be adopted by the governing body no later than seven days (previously 14 days) after the date of the public hearing. 
The proposed meeting schedule for review and approval of the 2021 budget and 2020 property tax rate is attached for the Board’s consideration (Attachment A).  The calendar has been drafted to conform with legislation passed during the 2019 legislative session related to property taxes (Senate Bill 2) and assumes the following guidelines, legal requirements, and deadlines.
  • Previous Boards have expressed a desire to conduct all budget workshop meetings during the same calendar week.
  • Previous Boards have preferred to schedule budget workshops during a time when the no-new-revenue tax rate (previously effective tax rate) and the voter-approval tax rate (previously the rollback rate) information is available from the Tax Assessor’s Office.
  • The Montgomery County Tax Assessor is tentatively scheduled to publish tax rates during the week of August 3 - 7, 2020.
  • At the conclusion of its budget workshop meetings, the Board must take a vote on a proposed tax rate to determine if a public hearing is required.  If the Board approves a proposed tax rate greater than the lower of the no-new-revenue rate or the voter-approval rate, one public hearing is required before the Board can vote on the adopted tax rate. (Previously, two public hearings were required.)  If the Board approves a proposed tax rate equal to or less than the lower of the no-new-revenue rate or the voter-approval rate, no public hearing is required prior to a vote on the adopted tax rate.
  • By August 7 or as soon therefore as practicable, the chief appraiser must deliver by regular mail or e-mail to each property owner located in the app
RECOMMENDATION:
Approve the meeting schedule for the review and approval of the 2021 budget and 2020 property tax rate.
 
Attachments
Budget Calendar
Additional Materials_Proposed 2020 Meeting Schedule_Jan 22 2020


    

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