TOLAR CITY COUNCIL MINUTES = AUGUST 03, 2021 - BUDGET WORKSHOP The City of Tolar Council met on August 03, 2021 at 6:00P.M. Present: Terry Johnson, Mayor Sally Grimes Chip Foster Brian Gall Kevin Fron Matt Hutsell Absent: City Staff Present: CALL TO ORDER ROLL CALL NEW BUSINESS Michelle Burdette, City Secretary Derek Malone, Director of Public' Works Meeting was called to order at 6:06 P.M. Sally Grimes, Chip Foster, Brian Gall, and Kevin From were present. Matt Hutsell was absent. 1.) Discuss the proposed 2021-2022 fiscal year budget Proposed budget for the fiscal year 2021-2022 fort the general fund and water/wastewater fund were discussed in detail. Property taxi income wasi increased by $11,750.00. This was due to new total city valuation amount received from HCAD. 2.) Discuss the 2021 property tax rate The current tax ratei is $.0450000 cents per $100 valuation. The rate being discussed is $.0436652 cents per $100 valuation. ADJOURN Motion carried 4/0. Motion by Sally Grimes, second by Brian Gall to adjourn meeting at 7:26 P.M. APPROVED: K - ATTEST: - Michelle City Secretary TEXAS CTe