At a July 11 special called workshop, Michel Sorrell, the city of Hutto assistant city manager and chief financial officer, presented three options for an increased tax rate to the council. The current tax rate of $0.51 per $100 taxable value would increase to either $0.62, $0.64 or $0.68.
With meetings running from August 1 to September 19, city council will hear outside agency funding presentations, host two public hearings on tax and budget-related legislation along with two readings of budget and tax ordinances.
City officials pointed to Senate Bill 2—state legislation that provides a cap on how much a city can increase its tax rate without voter approval—along with the passage of its November 2018 bond election projects as reasoning behind the proposed tax increases.
Following the public hearings and related meetings, Hutto City Council is expected to approve and set a tax rate for its adopted FY 2019-20 budget in September.
Budget Workshop Schedule:
August 1: Regular City Council Meeting — Record vote on tax publication
August 15: Regular City Council Meeting — Outside agency funding presentations
August 15: 1st public hearing on tax and budget
August 22: Special Called City Council Meeting — 2nd public hearing on tax and budget
September 5: Regular City Council Meeting — 1st reading of budget and tax ordinances
September 19: Regular City Council Meeting — 2nd and final reading of budget and tax ordinances
Editor's note: The headline was changed to reflect the cancelled status of the July 18 meeting.