Bay Edition - August 2021

CITY HIGHLIGHT AUG. 10 League City City Council approved a new planned unit development, TownHarbour Estates, along Lakeside Drive that will include a marina, a canal and homes. Houston City Council meets 9 a.m. Sept. 1, 8, 15 and 22 at 901 Bagby St., Houston. Meetings are streamed at www.houstontx.gov/htv. MEETINGSWE COVER Clear Creek ISD board of trustees meets 6 p.m. Sept. 13 at 2425 E. Main St., League City. Watch online at www.ccisd.net/boardmeeting. League City City Council meets 6 p.m. Sept. 14 at 400 W. Walker St., League City. Meetings are streamed at www.facebook.com/ leaguecitytexas. QUOTEOFNOTE “I JUST THINK IT’S ANONSTARTERAT THIS PRICE TAG.” NICK LONG, LEAGUE CITY CITY COUNCIL MEMBER, ON CREATING BAY COLONY PARK

League City tax rate to drop at least $0.049

DROPPING RATE After League City City Council’s vote Aug. 10, the fiscal year 2021-22 property tax rate will be at least $0.049 less than the existing rate. FY 2020-21 property tax rate $0.515 FY 2021-22 no-new-revenue rate $0.475526 FY 2021-22 maximum rate $0.465526

BY JAKE MAGEE

proposed a rate of $0.435526—$0.04 lower than the city’s recommenda- tion. Long mentioned the FY 2021-22 budget includes a reserve fund of 116 days, which is six days more than League City’s policy calls for and a full 26 days more than required by state law. That six extra days of reserve funds equates to nearly $1.3 million, which is sitting in a checking account earn- ing no interest. That money should either be removed from the budget to lower the tax rate or be used to pay down debt, Long said. Budget Director Angie Steelman said whatever the council agreed to be the proposed rate could be lowered by the September vote but could not be raised. Mayor Pat Hallisey said if it were up to him, he would lower the tax rate a full $0.10 to $0.375526. The commu- nity needs to drill down on its budget priorities, Hallisey said. “We spend on whims,” he said. “We gotta find some common ground.”

LEAGUE CITY The property tax rate for League City residents will drop at least $0.049 after League City City Council’s vote Aug. 10. By law, City Council had to come to a consensus on a proposed tax rate for fiscal year 2021-22. This would allow the city to post formal notice before the true property tax rate is voted on and approved in September. Staff proposed the rate at $0.475526 per $100 valuation, which is the no-new-revenue rate and $0.039 lower than the existing tax rate of $0.515. The no-new-revenue rate is the rate at which the city would bring in no new property tax revenue in FY 2021-22 compared to the existing fiscal year. Many council members were not satisfied with passing the new-no-revenue rate; with new developments coming to the city and property values rising, they wanted

SOURCE: LEAGUE CITY/COMMUNITY IMPACT NEWSPAPER

Council Member Hank Dugie made a motion for a tax rate of $0.465526, which is $0.01 lower than the city’s proposed rate. Long said by cutting a penny from the no-new-revenue rate knowing the six days of reserves can cover that, council and staff can debate where to trim to make the rate work. The vote passed on a proposed maximum rate of $0.465526 with Hallisey and Millican opposed.

the rate lowered even further. Council Member Nick Long

At The Shores at Clear Lake, we want to help you live life to the fullest. With seven acres of beautifully landscaped grounds, enjoy spending time with friends old and new. Grab a delicious bite to eat at our bistro, watch a movie at our Movie Theater, or dig into our individualized gardening areas. Whatever your interests, our amenities and activities will uplift, motivate, and inspire. New Look. Same Care. THE SHORES AT CLEAR LAKE A GRACE MGMT COMMUNITY

Where You Belong. Call to Schedule a Tour! 281-223-1409 | TheShoresatClearLake.com

Clear Lake

19400 Space Center Blvd. Houston, TX 77058

11

BAY AREA EDITION • AUGUST 2021

Powered by