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Finance director briefs council on Truth in Taxation rates and budget next steps
Summary
Finance Director Kirsten Werrimar presented Truth in Taxation calculations: current rate 0.205326, no‑new‑revenue ~0.200022, voter‑approval 0.227427 and de minimis 0.217681; staff outlined the city’s revenue picture and scheduled joint city–county and budget‑workshop meetings.
Kirsten Werrimar, the city’s finance director, presented the proposed tax‑rate calculations and a primer on Truth in Taxation during the Aug. 5 council meeting. Werrimar said figures were drawn from the Texas Comptroller’s guidance and the appraisal district’s certified values and walked the council through how the no‑new‑revenue and voter‑approval rates are computed.
Werrim…
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