Jersey Village City Council is preparing to call for a bond election and adopt the fiscal year 2023-24 budget and tax rate at its Aug. 21 meeting, according to the agenda.
What you need to know
Jersey Village is proposing $52.9 million in bond projects, broken down into three propositions, according to the Aug. 21 agenda packet.
- Pool and park renovations: $19 million
- Water and sewer improvements: $15.8 million
- Road and bridge repair: $18 million
Jersey Village voters will get the opportunity to vote for or against these propositions in the Nov. 7 election. The last day to register is Oct. 10 with early voting beginning Oct. 23, according to the Texas secretary of state’s office.
Also of note
City Council will also vote to adopt the FY 2023-24 budget at its Aug. 21 meeting. The city is proposing $22.82 million in revenue and $29.65 million in expenses, resulting in a shortfall of around $6.83 million, according to the Aug. 21 agenda packet.
The city is anticipating sales, property and other tax revenue of $14.59 million, according to the agenda packet. Meanwhile, projected expenses include:
- $3.6 million for the fire department
- $4.96 million for the police department
- $1.05 million for the parks department
What else?
City Council is holding a public hearing on the tax rate for FY 2023-24, proposing a rate of $0.7425 per $100 valuation. This tax rate is the same as FY 2022-23, according to the agenda packet.
Stay tuned
Jersey Village City Council will meet at 7 p.m. Aug. 21 at 16327 Lakeview Drive, Jersey Village.
View the bond election documents below.
View the proposed FY 2023-24 general fund budget below.
View the tax rate documents below.
