West U Council to Consider Tax Rate Hearings

September 4, 2014

The West University Place City Council will meet Monday to call two public hearings on a proposal to lower the city’s current property tax rate of 37 cents per $100 of property valuation to 36 cents.
The public hearings are necessary because the Harris County Appraisal District recently certified a tax base of $4.8 billion in West U, a 10.3 percent increase over the 2013 tax base of $4.38 billion.
The council on Monday is not voting on the city’s property tax rate for next year. That rate will be determined after city staff recommends, and the council considers, the upcoming city budget.
The council is scheduled to consider scheduling two public hearings — on September 18 at 6 p.m. and on September 22 at 6:30 p.m. — on the city’s property tax rate. Both public hearings will be held in the West U Municipal Building at 3800 University Blvd.
Under the Texas Property Tax code, cities are required to hold two public hearings if the city intends to adopt a property tax rate that exceeds the lower of the effective tax rate or rollback rate. For the purposes of complying with the tax code, the West U city staff has proposed a tax rate “not to exceed” 36.17 cents per $100 of property valuation.
The council will consider next year’s tax rate — after budget deliberations — on September 29.
An agenda memo for Monday’s meeting explains that the proposed council action “is NOT NOT the adoption of the 2014 tax rate, but merely a record vote proposing a rate that will be
used to prepare the required notice and hearing publications. At a future scheduled meeting, the council will adopt a budget and then adopt a tax rate that supports that budget. That meeting is planned for September 29.”