August 20, 2021
Dear District Members,
As required by the Texas Tax Code, the Lytle Lake Water Control and Improvement District will hold a meeting of the Board of Directors at 1:00 p.m. on Thursday, September 9, 2021, at 402 Cedar Street, Abilene, Texas 79601 to consider adopting a tax rate for tax year 2021. The state mandated Water District Notice of Public Hearing on Tax Rate appears on the next page. Taxpayers or other residents of the District attending the meeting will be given the opportunity to address the Board regarding the proposed tax rate.
Last year’s tax rate was $0.415 per $100 of value.
The proposed new tax rate is $0.380 per $100 of value.
We continue to lower our tax rate and it is now 35% less than 11 years ago. My congratulations to the effective Board members over these years.
Based on the average homestead value as determined by the Central Appraisal District the proposed new tax rate will decrease actual tax paid by $21.75.
The recommended tax rate was determined by the District’s Board of Directors after a workshop to draft the annual budget for the District’s Fiscal Year beginning October 1, 2021 and ending September 30, 2022. Overall, the proposed budget increased by $8,495. The Board will vote on the budget at the September 9 Board meeting. In considering the budget and setting the tax rate, it has always been the priority of the Board of Directors to consider and balance the cost and expense of maintaining a safe, secure, and beautiful lake environment against the financial burden which property taxes place upon the District’s taxpayers, both individually and collectively.
If you have any questions regarding this Notice of Public Hearing on Tax Rate, please call me at 325-669-2584, or Heather Henderson, our Lake Manager, at 325-690-0835 or email email@example.com.
Jim McCathren, President