Post Number: 1
|Posted on Wednesday, August 22, 2007 - 01:28 pm: |
In the public notice for the impending property tax increase, some numbers were provided that entail how the additional money will be spent:
Maintenance and operations 21.12 % (increase)
Debt service 8.96 % (increase)
Total expenditures 16.26 % (increase)
Considering that the budget is increasing in excess of $9 million based solely on the increase in appriased value and new properties, I think that three brief line items are not enough to feed necessary discussion.
Will you please provide information to justify why the increase is necessary, the motivation behind the increase, and what exactly it will be used for so that I can be prepared when I attend the public hearing?
(Message edited by admin on August 24, 2007)
Curt Balogh, Spec. Asst. to the City Mgr
Post Number: 448
|Posted on Friday, August 24, 2007 - 08:49 am: |
We are in receipt of your comments on the notice for the public hearing on the property tax rate. The notice in the paper is just to inform the public and is not intended to provide details on the budget. I will try to provide some additional information that you may find helpful.
The Fiscal Year 2008 proposed budget provides for additional personnel in almost every department to maintain our service levels as we continue to serve a growing community. We are adding:
20 positions in the police department, 15 new firefighter/paramedics, additional personnel to increase hours of operation for the library, additional personnel due to the opening of the new recreation and aquatics facility, an additional health inspector and an animal control officer, additional personnel for maintenance of the growing number of signals and street lights, additional personnel for building services, and various other areas.
The increased revenue derived from the increased appraised value will be split between the general fund and the debt service fund, with only $4.8 million going to support the increased cost in the general fund. Our city budget can be found on the website if you care to take a more in-depth look,
While our tax rate is remaining at 45 cents, you may indeed see an increase in the property taxes you pay if the appraised value of your home increased.
I hope I have answered some of your questions, but please feel free to contact me if you have additional concerns. I can be reached at (972) 292-5110 or email@example.com.
Assistant City Manager
City of Frisco
6101 Frisco Square Blvd.
Frisco, TX 75034