Based on current fund balances and a prorated schedule of monthly expenditures until September 30, 2022, the District anticipates the following fund balances at the end of the fiscal year:
- Operating: $70,677.52
- Reserve: $3,233,312.03
Based on the information related to appraised values of property with Victoria County and the 2021 tax rate of the District, the following tax rates have been calculated for the District by the Victoria County Tax Assessor-Collector:
- The 2022 No-New-Revenue Tax Rate: $0.00755/$100
- The 2022 Voter-Approved Tax Rate: $0.00817/$100
Notice about the 2022 Tax Rates
Additional information regarding the tax rate calculation is available within the Notice about the 2022 Tax Rates.
On August 19, 2022, the Board of Directors met and proposed a tax rate of $0.00800/$100.
Additional information regarding the proposed tax rate can be found within the Notice of Public Hearing on Tax Increase.
On September 9, 2022, the Board of Directors met and adopted a tax rate of $0.00800/$100. The board re-adopted the 2021 tax rate ($0.00800/$100 value) for tax year 2022. Mr. Clements made the following motion: "I move that the property tax rate be increased by the adoption of a tax rate of $0.00800 per $100 evaluation, which is effectively a 5.9 percent increase in the tax rate." Mr. Eller seconded the motion. The motion passed with the following votes:
- AYES: Mr. Clements, Mr. Eller, and Mr. Meek
- ABSENT: Mr. Hroch and Mrs. Dietzel
THE VICTORIA COUNTY GROUNDWATER CONSERVATION DISTRICT ADOPTED A TAX RATE THAT WILL RAISE MORE TAXES FOR MAINTENANCE AND OPERATIONS THAN LAST YEAR'S TAX RATE. THE TAX RATE WILL EFFECTIVELY BE RAISED BY 5.9 PERCENT AND WILL RAISE TAXES FOR MAINTENANCE AND OPERATIONS ON A $100,00 HOME BY APPROXIMATELY $0.00.
Additional information regarding the adopted tax rate can be found within the Order Adopting the Tax Rate for Tax Year 2022.Order Adopting the Tax Rate for Tax Year 2022