City of Piney Point Village  7676 WOODWAY DR., SUITE 300 HOUSTON,TX77063-1523  TELEHONE (713)782-0271 FAX 713)782-0281  THE CITY OF PINEY POINT VILLAGE SPECIAL COUNCIL MEETING MONDAY, AUGUST 3, 2020  NOTICE IS HEREBY GIVEN THAT THE CITY COUNCIL OF THE CITY OF PINEY POINT VILLAGE WILL HOLD A SPECIAL MEETING ON MONDAY, AUGUST 3, 2020 AT 12:00 P.M. AT CITY HALL, 7676 WOODWAY DRIVE, SUITE 300, HOUSTON, THIS MEETING WILL BE HELD VIRTUALLY THROUGH THE USE OF ZOOM. tps/s02webzomus/BI/OKTHPM-MIIGFSS-BZFRAxPaNVAwGFIQTOR  TEXAS TO DISCUSS THE AGENDA ITEMS LISTED BELOW.  Join Zoom Meeting Meeting ID: 81374014779 Passcode: 410181 One tap mobile  13462487799,813740147796, ,0#,410181# US (Houston) 16699006833,813,81374014779H/. 0#,,410181# US (San Jose)  Dial by your location  +1 346248 7799 US (Houston) +1 6699006833 US (San Jose) +12532158782 US (Tacoma) +1 301 715 8592 US (Germantown) +13126266799 US (Chicago) +192920560991 US (New York)  Find your local number: Atps/ASV2webzom.US/UICIPDUXD4 DECLARATION OF QUORUM AND CALL TO ORDER  PLEDGE OF ALLEGIANCE  CITIZENS WISHING TO ADDRESS COUNCIL - At this time, any person with city-related business may speak to the Council. In compliance with the Texas Open Meetings Act, if al member of the public comments or inquiries about a subject that is not specifically identified on the agenda, a member of Council or a Staff Member may only respond by giving a statement of specific factual information or by reciting existing policy. The City  Council may not deliberate or vote on the matter    1. 2. 3. 4. 5.  Discuss and take possible action on the Proposed 2020 Tax Rate and the  allocation of the tax rate between M&O and Debt Service Discuss options for the collection of the 2020 City Property Tax  Discuss and take possible action on a change order for additional sidewalk repair Discuss andi take possible action on any future agenda items, meeting dates, etc.  Adjourn  CERTIFICATION  Icertify that a copy oft the August 3, 2020 agenda of items to be considered by the Piney Point Village City Council was posted in a place convenient to the general public in Compliance with Chapter 551, of the Texas Government Code on July 30, 2020.  koufamg  Karen Farris City Secretary  In compliance with the Americans with Disabilities Act, the City of Piney Point Village will provide for reasonable accommodations for persons attending City Council meetings. This facility is wheelchair accessible and accessible parking spaces are available. To better serve you, your requests should be received 48 hours prior to the meeting. Please contact Karen Farris, City Secretary, at713-782-0271. The City Council reserves the right to adjourn into a Closed Executive Session at any time under the Texas Government  Code, Section 551.071, to consult with an attorney.    CITY OF PINEY POINTVILLAGE ADVALOREM TAX REVENUE AND DISTRIBUTION  2018  2019  2020  2021  Budget Year Budget Year Budget Year Budget Year (2017 prop tax) (2018 prop tax) (2019 prop tax) (2020 prop tax)  $2 2,608,848,781 $ 2,657,478,424 $2,798,922,726 $2,722,832,575 HCAD7724/2020: (this taxable value is $102,064.812 less that estimated on 4/30/2020  $6,656,217  $6,780,290  $7,141,171  $6,947,035 Property Tax Revenue as Budgeted (about $260,000 less that perviously estimated) $5,613,343 PropertyTax! Revenue for M&O (remaning after debt service) $1,333,692 PropertyTax! Revenue for Debt Service (per schedule less debt service fund balance at 12/31/20  DISTRIBUTION OF TAXRATE-Eatimated for Budget Year 2021 (2020 tax year)  0.206158 Maintenance and Operations portion of the proposed 2020 tax rate 0.048982 Debt Service portion oft the proposed 20201 tax rate 0.255140 Total proposed 2020 tax rate  HISTORICAL DISTRIBUTION OF TAX: SUMMARY  PROPERTY TAX BUDGET YEAR 2006 2007 2008 2009 2010 2011 2012 2013 2014 2015 2016 2017 2018 2019 2020  YEAR 2007 2008 2009 2010 2011 2012 2013 2014 2015 2016 2017 2018 2019 2020 2021  M&O $0.18205 $0.17268 $0.17601 $0.17798 $0.17735 $0.17882 $0.18044 $0.22083 $0.22472 $0.20894 $0.20894 $0.20259 $0.20000 $0.20149 $0.20616  Debt Service 0.04569 0.04246 0.03913 0.03716 0.03779 0.03632 0.03470 0.03431 0.03042 0.04620 0.04620 0.05255 0.05514 0.05365 0.04898  Total $0.22774 $0.21514 $0.21514 $0.21514 $0.21514 $0.21514 $0.21514 $0.25514 $0.25514 $0.25514 $0.25514 $0.25514 $0.25514 $0.25514 $0.25514  MK 7/28/2020