City tax rate set
By Robert Proctor
The Cuero Record
The City of Cuero’s fiscal year 2019-2020 annual operating budget and tax rate were both officially approved at their Sept. 26 council meeting. Before the budget and tax rate were discussed, though, Cuero mayor Sara Post Meyer read a proclamation on National Fire Prevention Week/Month.
As stated in the proclamation, National Fire Prevention Week commemorates the Great Chicago Fire, which occurred Oct. 8-9, 1871. Recognized annually, this year’s National Fire Prevention is scheduled for Oct. 6-12, while all of October is Fire Prevention Month. “I urge all the people of Cuero to heed the important safety messages of Fire Prevention Week and Month, and to support the many public safety activities and efforts of the Cuero Fire Department,” Meyer stated in her proclamation.
Following the proclamation, four emergency readings of ordinances were read and approved unanimously relating to the budget and tax rate. The first ordinance adopted the fiscal year 2019-2020 annual operating budget which is set at $6,186,513 of total revenue in the general fund.
Next, council ratified the property tax increase reflected in the fiscal year 2019-2020 budget that will require raising more revenue from property taxes than in the fiscal year 2018-2019 budget. The previous ordinance is needed to approve the third ordinance, which levies an ad valorem tax rate for the use and support of the City of Cuero at .36951 cents per $100 of taxable valuation for the fiscal year 2019-2020 commencing Oct. 1, 2019 and ending Sept. 30, 2020.
As noted in the official ordinance, this tax rate will raise more taxes for maintenance and operations than last year’s tax rate.
The tax rate will effectively be raised by 1.5 percent and will raise taxes for maintenance and operations on a $100,000 home by approximately $4.17. Lastly, the fourth ordinance adopts the City’s budget for fiscal year 2018-2019 by approving budget amendment II to the original general budget. The amended budget shows an increase of $19,261.
The next regular city council meeting is scheduled for Monday, Oct. 14, at 5:15 p.m.