IN EFFECT: UTILITY IMPROVEMENTS AND RATE RESTRUCTURING PLAN

The City of Natalia, with the assistance from USDA Rural Development and M&S Engineering, have been working progressively towards making facility and infrastructure improvements to the city's utility systems since May 2015; and, in March 2016, M&S Engineering presented City Council with Water and Wastewater Preliminary Engineering and Evaluation Reports and electively decided to move forward with projects prioritized as high-importance.  The City of Natalia received loan and grant funding assistance through USDA Rural Development to complete the infrastructure improvement projects identified in the Utility Improvements Plan. 

To sustain a safe and reliable water and wastewater resource, restructuring of the utility rates were necessary to address the imbalance of utility revenue and expenses, repayment of the capital debt, to absorb replacement costs for short-lived assets, and to additionally generate sufficient revenue to cover annual inflation of maintenance and operational costs.

The restructured utility rates become effective next fiscal year beginning October 1, 2017; specifically starting on the meter-reading period beginning September 15th and ending October 15th for the billing date of November 1, 2017.

The following documents are being provided for your review:

  1. Utility Improvements & 5-Year Utility Rate Restructuring Plan
  2. Water Preliminary Engineering & Evaluation Report
  3. Sewer Preliminary Engineering & Evaluation Report

 

THE ADOPTED TAX RATE $0.8564

THE CITY OF NATALIA CITY COUNCIL ADOPTED A TAX RATE THAT WILL RAISE LESS REVENUE FROM PROPERTY TAXES THAN LAST YEAR’S TAX RATE; HAVING A 0.00% PERCENT TAX REVENUE INCREASE FROM PROPERTIES ON THE TAX ROLL IN THE PRECEDING YEAR.

THE ADOPTEDTAX RATE SHALL BE LEVIED AND COLLECTED FOR THE USE AND SUPPORT OF THE MUNICIPAL GOVERNMENT, AND TO PROVIDE AN INTEREST AND SINKING FUND FOR THE 2017-2018 FISCAL YEAR, ON ALL PROPERTY, REAL, PERSONAL, AND MIXED WITHIN THE CORPORATE CITY LIMITS OF SAID CITY ON JANUARY 1, 2017 SUBJECT TO TAXATION, AT THE FOLLOWING TAX RATES:

TAX RATE:  $0.8564on each $100 valuation, which is apportioned to specific purposes:

  1. $0.7692 on each $100 valuation for Maintenance & Operations (M&O)
  2. $0.0872 on each $100 valuation for Interest & Sinking Fund (I&S)

TAXES LEVIED SHALL BE DUE BY OCTOBER 1, 2017; AND IF NOT PAID BEFORE FEBRUARY 1, 2018 SHALL IMMEDIATELY BECOME DELIQUENT, AND SUBJECT TO PENALTIES & INTEREST.

 

Last Year's Tax Rate: $0.8615 on each $100 valuation, which is apportioned to specific purposes - M&O is $0.7691 and I&S is $0.0924.