03 - First Public Hearing on Proposed 2019-20 Tax RateItem No. 3
TO: Mayor & City Council
FROM: Gene Anderson, Interim City Manager & Finance Director
SUBJECT: FIRST PUBLIC HEARING ON PROPOSED 2019-20 TAX RATE
DATE: August 28, 2019
BACKGROUND: Two public hearings on the proposed City tax rate are required by Section
140.010 of the Local Government Code. Public notice of the proposed tax rate was published
August 2nd in the Paris News.
STATUS OF ISSUE: The City Council needs to hold the first of two public hearings on the
2019-20 proposed City tax rate on September 3rd. The second public hearing is scheduled to be
September 9, 2019.
BUDGET: N/A
RECOMMENDATION: Hold the first public hearing on the proposed 2019-20 City tax rate.