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ESD No. 2 likely will keep 10-cent property-tax rate
Board members for the Wilson County Emergency Services District (ESD) No. 2 are preparing for a public hearing on the district’s proposed budget and tax rate for 2013. The hearing is set to take place during the Tuesday, Sept. 4, regular meeting, which is set to begin at 6 p.m. in the library at Floresville North Elementary School.
The board at its Aug. 20 meeting -- which lasted just 13 minutes -- discussed the upcoming hearing, which initially was set for Sept. 3, Vice President Sarah Gella said after the meeting. But because this coincides with the Labor Day holiday, upon which the school would not be available, the meeting was rescheduled.
According to a draft of the proposed 2013 fiscal year budget, the district anticipates $427,038 in net revenue. Projected spending of these funds includes $290,748 for capital outlays and expenses, with the remaining $136,290 being estimated as “projected unspecified revenue.”
The board indicated at its Aug. 6 board meeting that the budget would be supported by an ad valorem tax rate of 10 cents per $100 of assessed property value. Under state law, this is the maximum allowable tax rate for an ESD.
According to preliminary estimates from the Wilson County Appraisal District, the average taxable value of a residence in the ESD is $172,548. Therefore, the average tax bill for the 2013 tax year will be $172.54 -- a decrease of $1.18 over the previous year, when the average taxable value was $173,719.
Other than voting to pay attorney bills for July and approving the minutes of its previous meeting, no other business was discussed, Gella said.
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