Commissioners Court - Regular Session

Issue viewing agenda items? Click here to switch to the old format.

Return to the Search Page Return to the Agenda

38.

Meeting Date:	12/17/2013
tax benefit financing enrollment for 2013
Submitted For:	Gary Boyd	Submitted By:	Gary Boyd, Parks
Department:	Parks
Agenda Category:	Regular Agenda Items

Information

Agenda Item

Hear report on, discuss and take appropriate action to enroll properties participating in the Williamson County Regional Habitat Conservation Plan (RHCP) during calendar year 2013 into the tax benefit financing plan for the tax year 2013. Note: two properties to be enrolled effective for 2012 tax year.

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 2013 and a list for the 2012 and 2011 enrollments.

The action needed is to enroll the 2013 participants and to re-enroll/extend the tax benefit financing for past years.

Fiscal Impact

From/To	Acct No.	Description	Amount

Attachments
2012 tax benefit enrollments
2011 tax benefits enrollments
2013 Tax benefit enrollments

Form Review

Inbox	Reviewed By	Date
County Judge Exec Asst.	Wendy Coco	12/12/2013 09:38 AM
Gary Boyd (Originator)	Wendy Coco	12/13/2013 10:35 AM
Form Started By: Gary Boyd		Started On: 12/11/2013 02:13 PM
Final Approval Date: 12/13/2013