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Item No. 10 <br />TO: Mayor, Mayor Pro -Tem & City Council <br />Mr. Robert Vine, Interim City Manager <br />FROM: Gene Anderson, Finance Director <br />SUBJECT: PUBLIC HEARING ON PROPOSED 2024-25 TAX RATE <br />DATE: September 9, 2024 <br />BACKGROUND: A public hearing on the proposed City tax rate is required by Chapter 26 of <br />the Texas Tax Code. The proposed tax rate was discussed by the City Council during its August <br />12th Council meeting, August 19th and August 22" a budget workshops, and the August 26th Council <br />meeting. <br />STATUS OF ISSUE: The City Council needs to hold a public hearing on the 2024-25 proposed <br />City tax rate on September 9, 2024. A legal notice of the public hearing was published in the Paris <br />News announcing the hearing. A copy of the proposed property tax rate can be found on the City <br />website. <br />BUDGET: N/A <br />RECOMMENDATION: Hold a public hearing on the proposed 2024-25 City tax rate. <br />