1. Ad Valorem
Tax Rate Adoption
City of College Station
September 12, 2013

2. Ad Valorem Tax Rate
 Total Assessed Valuation: $6.23 billion
 Current Tax Rate 43.0687 cents
 Effective Tax Rate 42.5958 cents
 Proposed Tax Rate 42.5958 cents
 Each cent on the tax rate generates
approximately $576,000

3. Ad Valorem Tax Rate
 August 21 - Discussed tax rate and decided not
to consider a rate higher than the effective rate
of 42.5958 cents
 No additional public hearings or notices required
 September 12 - Vote on Tax Rate

4. Proposed Rate
FY 13 FY 14
 General Fund rate 23.5052 (0.2147) 23.2905
 Debt Service rate 19.5635 (0.2582) 19.3053
 Total 43.0687 (0.4729) 42.5958
 Funds the approved budget
 Generates approximately $26.4 million

5. Council Action
 Adoption of the FY 2013-2014 tax rate
ordinance
 Must be adopted as two separate components
 General Fund 23.2905
 Debt Service 19.3053
 Total Tax Rate 42.5958