Government
BY THOMAS LEFFLER
Universal City adopts property tax rate increase Universal City Council voted 4-2 on Sept. 2 to establish the city budget for fiscal year 2025-26, including a property tax increase for the year. The council adopted an increase of $0.0156 from the current tax rate, going up to $0.53 per $100 Property tax rate history City council approved a $0.0156 increase in the rate from FY 2024-25. Property tax rate (per $100 valuation)
Live Oak increases funding to local EMS Live Oak City Council voted to change its interlocal agreement with Schertz EMS on Aug. 12. The city’s contribution to Schertz EMS in the current fiscal year is $290,411.52. Schertz EMS provides emergency care to the Northeast San Antonio area. Live Oak’s contributions will increase by 20% in fiscal years 2025-26 and 2026-27, then by another 5% in FY 2027-28. Reasons for the needed funding included rising equipment and staff- ing costs, said EMS Director Jason Mabbitt. What else? Interim Fire Chief Keith Drewry said the city will pay Schertz EMS in four quarterly installments, and approval of the agreement “will maintain stable and reliable EMS coverage for the city of Live Oak.”
FY 2019-20
valuation for FY 2025-26. What you need to know
$0.60
FY 2020-21
$0.59
The proposed rate would bring in approximately $312,000 in extra revenue for the city. Finance Director Christine Green said the higher rate could take care of items like increased demand for staffing and the sunsetting of American Rescue Plan funds for police and fire departments. The proposed rate increase comes after several years of Universal City dropping the rate by $0.087 between FY 2019-20 and FY 2024-25, according to previous reporting. The change results in an increase of $0.83 per month on a homeowner’s bill per $100,000 in taxable value, Green said.
FY 2021-22
$0.59
FY 2022-23
$0.54
FY 2023-24
$0.52
FY 2024-25
$0.51
FY 2025-26
$0.53
$0 $0.1 $0.2 $0.3 $0.4 $0.5 $0.6 $0.7
SOURCE: CITY OF UNIVERSAL CITY/COMMUNITY IMPACT
2 Universal City areas now tax-abatement-eligible Universal City has committed to its Aviation District and Reunion District by designating the zones as tax-abatement eligible. according to the Texas Comptroller. Some details
Aviation District Reinvestment Zone
UNIVERSAL CITY BLVD.
218
Reunion District Reinvestment Zone
City staff and council will hear abatements on a case-by-case basis, City Manager Kim Turner said. Abatement eligibility kicks in when a property creates at least one new full-time employee and has up to $500,000 in added value as assessed by an appraisal district, according to agenda documents.
City Council passed ordinances approving Avia- tion District Reinvestment Zone No. 1 and Reunion District Reinvestment Zone No. 1 on Aug. 19. An abatement is an agreement between a local taxing unit and a taxpayer that exempts at least part of the increase in the value of the property from taxation,
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