Sunday, August 16, 2009

Please Plan to Attend! Tuesday, 8/25 at 730p!

The citizen's of Coppell should plan on attending the next City Council "Public Hearing"! This will be a bit of a challenge with school starting the Monday before, so put it in your calendar now.

Here's the information directly from the City of Coppell's website:
Notice of Public Hearing on Tax Increase
The City of Coppell will hold two public hearings on a proposal to increase total tax revenues from properties on the tax roll in the preceding tax year by 5.36 percent (percentage by which proposed tax rate exceeds lower of rollback tax rate or effective tax rate calculated under Chapter 26, Tax Code). Your individual taxes may increase at a greater or lesser rate, or even decrease, depending on the change in the taxable value of your property in relation to the change in taxable value of all other property and the tax rate that is adopted.

The first public hearing will be held on August 25, 2009 at 7:30 PM at Town Center, 255 Parkway Blvd, Coppell,TX 75019

The second public hearing will be held on September 1, 2009 at 6:00 PM at Town Center, 255 Parkway Blvd, Coppell, TX 75019

The members of the governing body voted on the proposal to consider the tax increase as follows:
FOR: Tim Brancheau, Robert Mahalik, Marsha Tunnell, Billy Faught, Marvin Franklin
AGAINST: None
PRESENT and not voting: N/A
ABSENT: Brianna Hinojosa-Flores, Karen Hunt

The average taxable value of a residence homestead in City of Coppell last year was $272,101. Based on last year's tax rate of $0.64146 per $100 of taxable value, the amount of taxes imposed last year on the average home was $1,745.42.

The average taxable value of a residence homestead in City of Coppell this year is $272,478. If the governing body adopts the effective tax rate for this year of $0.65628 per $100 of taxable value, the amount of taxes imposed this year on the average home would be $1,788.22
If the governing body adopts the proposed tax rate of $0.69146 per $100 of taxable value, the amount of taxes imposed this year on the average home would be $1,884.08.

Members of the public are encouraged to attend the hearings and express their views.


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