The Ovilla City Council unanimously approved decreasing the tax rate by two cents for the 2018-19 fiscal year.
The council, which deliberated on both the tax rate and budget during their Monday night council meeting, voted to reduce taxes to .66 cents per $100 valuation. The previous year’s tax rate was .680399 per $100 valuation, according to the city's website.
The proposed budget reduces the 2017-18 adjusted budget by $138,434. The most substantial cuts are from the administration and street expenses, with the most significant decreases coming from building improvements, computer and software technologies and capitalized assets.
“One of the things we were proposing from a department standpoint was to move our fire department from a part-time department to a full-time department,” City Manager John Dean said. “The council decided not to do that this year. That’s going to be your big adjustment there. I think that’s probably 95 percent of it.”
At the same time, many expenses saw a substantial increase in revenue. The Parks Department, for instance, was given an additional $83,793, with $44,793 going toward support staff and employee benefits for the first time in the past few years. Fire expenses saw the most substantial increase with $147,091, with salaries and wages seeing the most significant growth at $84,762 from the previous year.
The budget is estimated to raise total property taxes from last year by 6.35 percent, or $145,468. $68,001 of that is tax revenue raised from new property taxes.
David Dunn, @DavidDunnInTX