Natalia City Council approves tax rate, NMDD budget

The Natalia City Council passed a proposed tax rate of $0.8564 per $100 of value at the Regular meeting on Monday, Sept. 18.
Council members Chip Bluemel, Tommy Ortiz, Mike Fernandez, and Sam Smith unanimously voted for the rate. Council member Ruben Juarez was absent.
The tax is a decrease from last year’s rate of $0.8615 per $100.
In addition to ratifying the City’s budget for FY 2017-2018 as approved in the Special meeting on Sept. 6, the Council also approved the Natalia Municipal Development District’s FY 2017-2018 budget of $66,975.
NMDD Chair Ruby Vera said that revenue of between $5,000 and $6,000 from the state Comptroller’s office will come in each month. Of that, $3,000 will be saved each month to pay the premium and interest owed on the NMDD’s $200,000 bond.
Additionally, Council unanimously approved entering into a contract with Beyer & Company for auditing services for the fiscal year ending Sept. 30. The contract was approved for not more than $14,500, which includes $12,500 for City audit and $2,000 for the NMDD.
By Marly Davis
Staff Writer

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