CouncilTrac · Meeting

City Council — August 3, 2020

Minutes posted 6:00 PM · Civic Center/City Hall, 411 W. Arapaho, Richardson, Tx

17 items · 6 approved

Meeting summary

17 agenda items · 1 public hearing · 4 consent items · $1.24M in spending items

Ceremonial · 3 items routine
Public comments · 1 item routine
  • Approved Public hearing Item 6 Ordinance

    Public hearing and vote on updating the Texas Enterprise Zone incentives ordinance

    Council will hold a public hearing and consider adopting Ordinance No. 4355, which updates Ordinance No. 4050 to add incentives that are available under existing city policy for the Texas Enterprise Zone Program but are not currently included in the ordinance. Residents can submit comments online by 5 p.m. at www.cor.net/PublicCommentForm or by calling (214) 997-0297 at 6 p.m.

    Updating this ordinance could expand the range of incentives the city can offer to businesses in designated enterprise zones, affecting economic development activity in Richardson.

  • Approved Item 7 Resolution

    Resolution directing how to calculate the voter-approval tax rate under COVID-19 disaster rules

    Council will consider Resolution No. 20-16, which directs the city's tax assessor-collector to calculate the voter-approval tax rate using a higher allowable rate reserved for "special taxing units" — a method permitted by Texas Tax Code Section 26.04(c-1) because of the federal and state COVID-19 disaster declarations.

    Calculating the voter-approval tax rate this way could allow the city to adopt a higher tax rate without automatically triggering a rollback election, which directly affects how much residents might pay in property taxes.

  • Awaiting minutes Item 8 Budget & tax $100

    Set August 17 public hearing on proposed FY 2020-2021 tax rate of $0.62516 per $100

    Council will formally schedule a public hearing for August 17, 2020 on the proposed property tax rate of $0.62516 per $100 valuation for the fiscal year 2020-2021 budget.

    This hearing gives residents a chance to comment before the council votes on next year's tax rate, which determines how much property owners will owe the city.

  • Awaiting minutes Item 9 Budget & tax

    Set August 24 public hearing on proposed FY 2020-2021 city budget

    Council will formally schedule a public hearing for August 24, 2020 on the proposed fiscal year 2020-2021 Richardson Municipal Budget.

    This hearing gives residents an opportunity to weigh in on the city's spending plan before it is adopted.

Other business · 2 items routine