Based on current fund balances and a prorated schedule of monthly expenditures until September 30, 2023, the District anticipates the following fund balances at the end of the fiscal year:
- Operating: $42,548
- Reserve: $3,600,191
Based on the information related to appraised values of property with Victoria County and the 2022 tax rate of the District, the following tax rates have been calculated for the District by the Victoria County Tax Assessor-Collector:
- The 2023 No-New-Revenue Tax Rate: $0.006990/$100
- The 2023 Voter-Approved Tax Rate: $0.00757/$100
VCGCD - Notice about the 2023 Tax Rate
Additional information regarding the tax rate calculation is available within the Notice about the 2023 Tax Rates.
On July 21, 2023, the Board of Directors met and proposed a tax rate equal to the No-New-Revenue Tax Rate.
Additional information regarding the proposed tax rate can be found within the Notice of Public Hearing on Tax Increase.
On August 18, 2023, the Board of Directors met and adopted a tax rate of $0.006990/$100. Mr. Eller made the following motion: "I move the adoption of a tax rate of $0.00699 per $100 evaluation for the 2023 tax year." Mrs. Dietzel seconded the motion. The motion passed with the following votes:
- AYES: Mr. Hroch, Mr. Eller, and Mrs. Dietzel,
- ABSENT: Mr. Clements and Mr. Meek
Additional information regarding the adopted tax rate can be found within the Order Adopting the Tax Rate for Tax Year 2023.VCGCD - Order Adopting the Tax Rate for Tax Year 2023