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Ad Valorem 
Tax Rate Adoption 
City of College Station 
September 22, 2014
Tax Rate Adoption Calendar 
 Tuesday August 19th – Discussed tax rate and 
called public hearings 
 Wednesday September 3rd – 1st Public Hearing 
on Tax Increase 
 Thursday September 11th – 2nd Public Hearing 
on Tax Increase 
 September 22 - Vote on Tax Rate
Ad Valorem Tax Rate 
 Total Assessed Valuation: $6.562 billion 
 Current Tax Rate 42.5958 cents 
 Effective Tax Rate 41.4996 cents 
 Proposed Tax Rate 45.2500 cents 
 Increase of 2.6542 cents over current rate 
 Provides additional $1.6 million
Proposed Rate 
FY 15 
 Maintenance and Operations rate 25.9447 
 Debt Service rate 19.3053 
 Total 45.2500 
 Funds the General Fund budget as proposed 
 Meets Debt Service requirements
Council Action 
 Adoption of the FY 2014-2015 tax rate 
ordinance 
Revised ordinance at your places 
 Must be adopted as two separate components 
 Maintenance and Operations 25.9447 
Debt Service 19.3053 
 Total Tax Rate 45.2500 
 Required adoption language at your places.

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FY15 Ad Valorem Adoption

  • 1. Ad Valorem Tax Rate Adoption City of College Station September 22, 2014
  • 2. Tax Rate Adoption Calendar  Tuesday August 19th – Discussed tax rate and called public hearings  Wednesday September 3rd – 1st Public Hearing on Tax Increase  Thursday September 11th – 2nd Public Hearing on Tax Increase  September 22 - Vote on Tax Rate
  • 3. Ad Valorem Tax Rate  Total Assessed Valuation: $6.562 billion  Current Tax Rate 42.5958 cents  Effective Tax Rate 41.4996 cents  Proposed Tax Rate 45.2500 cents  Increase of 2.6542 cents over current rate  Provides additional $1.6 million
  • 4. Proposed Rate FY 15  Maintenance and Operations rate 25.9447  Debt Service rate 19.3053  Total 45.2500  Funds the General Fund budget as proposed  Meets Debt Service requirements
  • 5. Council Action  Adoption of the FY 2014-2015 tax rate ordinance Revised ordinance at your places  Must be adopted as two separate components  Maintenance and Operations 25.9447 Debt Service 19.3053  Total Tax Rate 45.2500  Required adoption language at your places.