Commissioners Court - Regular Session

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29.

Meeting Date:	12/20/2011
tax benefit financing list for WCCF for 2001
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 the properties participating in the Williamson County Regional Habitat Conservation Plan (RHCP) into the tax benefit financing plan for the tax year 2011 and to set tax year 2009 as the base period for calculations for this year’s class of enrollments.

Background

The 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 difference in taxable value between the base period and the enrollment period is determined and a percentage – 15% as defined in the RHCP – of the increase in value is calculated. That calculated taxable value is applied to the county's current tax rate(s) for maintenance and operations and the resulting sum is attributed to the RHCP and applied to the WCCF.

For the year ending 2011 this calculation will be attributed to the attached list of enrollees. The year 2009 is recommended for computing the basis value for each of these enrollees. A similar, annual action for each year’s enrollment plus re-enrollment of prior year’s mitigation tracts will be required. As each enrollment year is added calculations for the re-enrollments will be based on their original basis year.

Fiscal Impact

From/To	Acct No.	Description	Amount

Attachments
2011 TBF enrollments for RHCP

Form Review

Inbox	Reviewed By	Date
County Judge Exec Asst.	Wendy Coco	12/16/2011 09:35 AM
Form Started By: Gary Boyd		Started On: 12/13/2011 01:51 PM
Final Approval Date: 12/16/2011