Commissioners Court - Regular Session
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25.
Meeting Date:
01/06/2015
tax benefit financing enrollment for 2014
Submitted For:
Gary Boyd
Submitted By:
Gary Boyd, Parks
Department:
Parks
Agenda Category:
Regular Agenda Items
Information
Agenda Item
Discuss, consider and take appropriate action regarding the Williamson County Regional Habitat Conservation Plan (RHCP), including but not limited to receiving report from Environmental Programs Director and approve enrollment of properties participating during current calendar year (any participation received on or prior to 12/31/14) into the tax benefit financing plan for tax year 2014 and re-enroll prior year participating properties.
Background
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 acheived then the allocation under this plan may be discontinued.
Enrollment is on a year to year basis. Attached is the list of private party participants for 2014 and lists for prior year enrollments.
The action needed is to enroll the 2014 participants and to re-enroll/extend the tax benefit financing for past years.
Requested motion: "Motion to approve for the County's Regional Habitat Conservation Plan: 1) enrolling the 2014 participants and to re-enroll/extend the tax benefit financing for past years; and 2) approve participation applications that may be received through the end of the current calendar year for 2014 enrollment (to be reported to the Court in January 2015)."
Fiscal Impact
From/To
Acct No.
Description
Amount
Attachments
2013 enrollments
2012 enrollments
2011 and prior year enrollments
2014 enrollments
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Form Review
Inbox
Reviewed By
Date
County Judge Exec Asst.
Wendy Coco
12/29/2014 10:40 AM
Form Started By:
Gary Boyd
Started On:
12/18/2014 09:28 AM
Final Approval Date:
12/29/2014
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