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08-21-2008 (City Council) Agenda Packet Wylie City Council CIT_74/ Y F WYLIE NOTICE OF MEETING Special Called Meeting Agenda August 21, 2008 — 6:00 pm Wylie Municipal Complex— Council Chambers 2000 Highway 78 North Eric Hogue Mayor M. G. "Red" Byboth Mayor Pro Tern David Goss Place 1 Kathy Spillyards Place 3 Merrill Young Place 4 Rick White Place 5 Carter Porter Place 6 Mindy Manson City Manager Richard Abernathy City Attorney Carole Ehrlich City Secretary In accordance with Section 551.042 of the Texas Government Code, this agenda has been posted at the Wylie Municipal Complex, distributed to the appropriate news media, and posted on the City website: www.wvlietexas.gov within the required time frame. As a courtesy, the entire Agenda Packet has also been posted on the City of Wylie website: www.wylietexas.gov. The Mayor and City Council request that all cell phones and pagers be turned off or set to vibrate. Members of the audience are requested to step outside the Council Chambers to respond to a page or to conduct a phone conversation. The Wylie Municipal Complex is wheelchair accessible. Sign interpretation or other special assistance for disabled attendees must be requested 48 hours in advance by contacting the City Secretary's Office at 972.442.8100 or TD 972.442.8170. CALL TO ORDER Announce the presence of a Quorum. REGULAR AGENDA Public Hearing 1. Conduct the first Public Hearing on the proposed tax rate of$0.8989 for Fiscal Year 2008-2009 and provide taxpayers an opportunity to express their views on the tax rate. (L. Williamson, Finance Director) Executive Summary In accordance with the "Truth in Taxation" laws of the State of Texas, on August 12, 2008, the City Council took a roll call vote on the proposed tax rate and scheduled two public hearings on the tax rate.The first public hearing is to be held on August 21,2008.The second public hearing is scheduled for August 26, 2008. August 21,2008 Wylie City Council Regular Meeting Agenda Page 2 of 2 ADJOURNMENT CERTIFICATION 1 cert that this Notice of Meeting was posted on this 18`h day of August, 2008 at 5:00 p.m. as required by law in accordance with Section 551.042 of the Texas Government Code and that the appropriate news media was contacted. As a courtesy, this agenda is also posted on the City of Wylie website: www.wylietexas.gov. Carole Ehrlich,City Secretary Date Notice Removed Wylie City Council CITY of WYLIE AGENDA REPORT Meeting Date: August 21, 2008 Item Number: 1 Department: Finance (City Secretary's Use Only) Prepared By: Larry Williamson Account Code: Date Prepared: August 1, 2008 Budgeted Amount: Exhibits: Subject Conduct the first Public Hearing on the proposed tax rate of$0.8989 for Fiscal Year 2008-2009 and provide taxpayers an opportunity to express their views on the tax rate. Recommendation NA Discussion In accordance with the "Truth in Taxation" laws of the State of Texas, on August 12, 2008, the City Council took a roll call vote on the proposed tax rate and scheduled two public hearings on the tax rate. The first public hearing is to be held on August 21, 2008. The second public hearing is scheduled for August 26, 2008. The notice for the two public hearings was published in the Dallas Morning News, Collin County Addition, on August 14, 2008 and the Wylie News on August 20, 2008. The purpose of both public hearings is to give the taxpayers an opportunity to express their views on the tax rate. At the end of the second hearing, the City Council must set and announce the date, time, and place of the meeting at which it will vote on the final proposed tax rate. Currently the date has been set for September 9, 2008. The official detailed effective tax rate calculations are available in the office of the Collin County Tax Assessor/Collector (Kenneth L. Maun) in McKinney. A copy is also maintained in the Finance Department for the Council and public to view. The proposed budget is based on the tax rate of $0.8989 per $100 valuation. This is the rate previously proposed by the Council. Any change in the proposed tax rate will require revision of the proposed budget. The City is required by law to follow certain meeting and notice (publication) guidelines. Approved By Initial Date Department Director LW 8/1/08 City Manager g f S (UC Page 1 of 1