Commissioners Court - Regular Session

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29.

Meeting Date:	01/07/2014
tax benefit financing enrollment for 2013 addendum
Submitted For:	Gary Boyd	Submitted By:	Gary Boyd, Parks
Department:	Parks
Agenda Category:	Regular Agenda Items

Information

Agenda Item

Discuss and take appropriate action to enroll one late year participating project in the Williamson County Regional Habitat Conservation Plan (RHCP) for calendar year 2013 into the tax benefit financing plan for the tax year 2013.

Background

This action is to amend the list approved 12/17/13 to include a participating project the application for which was received 12/17/13 and was not included in the court action for December 17.

The project to be added will be Pearson Place at Avery Ranch, Ltd., a 132.22 acre tract out of the Rachel Saul Survey, Abstract 551, described by metes and bounds and represented by Williamson County Appraisal District reference number R498117.

The following restates a portion of the 12/17/13 agenda:

The county's Regional Habitat Conservation Plan (RHCP) provides for a portion of the increase in tax valuation for properties enrolled under the county's 10(a) incidental take permit with the US Fish and Wildlife Service to be directed to the Williamson County Conservation Foundation (WCCF) as the county’s contribution for the acquisition, maintenance and monitoring of endangered species habitat in the county. Under the RHCP a calculation is made using a base period. The taxable value of the base/enrollment period is determined and a percentage – 15% as defined in the RHCP – of the increase in value in future taxable years is calculated. That calculated taxable value is applied to the county's then current tax rate for maintenance and operations and the resulting sum is attributed to the RHCP and applied to the WCCF.

There is no increase nor decrease in taxes to participants/property owners. Once the financial goals of the HCP have been achieved then the allocation under this plan may be discontinued.

Fiscal Impact

From/To	Acct No.	Description	Amount

Attachments
No file(s) attached.

Form Review

Inbox	Reviewed By	Date
County Judge Exec Asst.	Wendy Coco	01/02/2014 10:59 AM
Form Started By: Gary Boyd		Started On: 12/17/2013 01:04 PM
Final Approval Date: 01/02/2014