Discussion and possible action to confirm the designation of Patricia A. Barrera, Tax Assessor Collector to calculate the no-new-revenue (NNR) tax rate and the voter approval tax rate for taxing entities as per Senate Bill 2, Texas Property reform and Transparency Act of 2019 (Tax Code Section 26.04) and any other matters incident thereto.
Background:
Senate Bill 2, Texas Property Tax Reform and Transparency Act of 2019, requires that the governing body designate an officer or employee to calculate the no-new-revenue (NNR) tax rate and the voter approval tax rate.