Commissioners Court - Regular Session

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54.

Meeting Date:	12/18/2012
tax benefit financing enrollment for 2012
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 properties participating in the Williamson County Regional Habitat Conservation Plan (RHCP) during calendar year 2012 into the tax benefit financing plan for the tax year 2012.

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 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. 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 2012 and a list for the 2011 enrollments.

The action needed is to enroll the 2012 participants and to re-enroll/extend the tax benefit financing for past years - in this case that being 2011 enrollments.

Fiscal Impact

From/To	Acct No.	Description	Amount

Attachments
2012 tax benefit financing list
2011 tax benefit financing list

Form Review

Inbox	Reviewed By	Date
County Judge Exec Asst.	Wendy Coco	12/13/2012 02:41 PM
Form Started By: Gary Boyd		Started On: 12/13/2012 08:39 AM
Final Approval Date: 12/13/2012