The only Community Bank with locations in Cameron, Hidalgo and Willacy Counties
Insuring your life helps protect their future. David Armendariz, Agent 224 W Ocean Blvd Los Fresnos, TX 78566 Bus: 956-233-3276 david.armendariz.dr2a@statefarm.com
Member FDIC
It can also provide for today. I’ll show you how a life insurance policy with living benefits can help your family with both long-term and short-term needs. We put the life back in life insurance.™ CALL ME TODAY.
State Farm Life Insurance Company (Not licensed in MA, NY or WI) State Farm Life and Accident Assurance Company (Licensed in NY and WI) Bloomington, IL
1311023
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MEMBER 2017 TEXAS PRESS ASSOCIATION
THE SPORTS PROGRAM JUST GOT CUT. OR HADN’T YOU HEARD? When government wants to do something with your tax dollars, it must let you know. But that right to know is being threatened.
Numerous governmental entities across the state want to hide their public notices on little seen, rarely visited government websites. What you don’t know will affect you personally!
If it is not in the newspaper, you won’t know about it.
NOTICE OF PUBLIC MEETING TO DISCUSS BUDGET AND PROPOSED TAX RATE The Los Fresnos Consolidated Independent School District will hold a public meeting at 6:00 PM, August 28, 2017 at the Board Room /Training Center, 32590 State Hwy 100, Los Fresnos, Texas. The purpose of this meeting is to discuss the school district's budget that will determine the tax rate that will be adopted. Public participation in the discussion is invited. The tax rate that is ultimately adopted at this meeting or at a separate meeting at a later date may not exceed the proposed rate shown below unless the district publishes a revised notice containing the same information and comparisons set out below and holds another public meeting to discuss the revised notice. Maintenance Tax
$1.170000/$100 (proposed rate for maintenance and operations)
School Debt Service Tax Approved by Local Voters
$0.020000/$100 (proposed rate to pay bonded indebtedness)
Comparison of Proposed Budget with Last Year's Budget The applicable percentage increase or decrease (or difference) in the amount budgeted in the preceding fiscal year and the amount budgeted for the fiscal year that begins during the current tax year is indicated for each of the following expenditure categories. Maintenance and operations
2.08 % decrease
Debt Service
19.9 % decrease
Total expenditures
2.79 % decrease
Total Appraised Value and Total Taxable Value (as calculated under Section 26.04, Tax Code) Preceding Tax Year $2,174,310,784
Total appraised value* of all property
Current Tax Year $2,177,791,194
Total appraised value* of new property**
$61,326,512
$48,683,460
Total taxable value*** of all property
$1,827,308,640
$1,841,007,092
Total taxable value*** of new property**
$59,748,743
$47,994,903
*Appraised value is the amount shown on the appraisal roll and defined by Section 1.04(8), Tax Code. ** "New property" is defined by Section 26.012(17), Tax Code. *** "Taxable value" is defined by Section 1.04(10), Tax Code.
Bonded Indebtedness Total amount of outstanding and unpaid bonded indebtedness* $29,575,000 *Outstanding principal.
Comparison of Proposed Rates with Last Year's Rates
Last Year's Rate Rate to Maintain Same Level of Maintenance & Operations Revenue & Pay Debt Service
Maintenance & Operations $1.170000
Interest & Sinking Fund* $0.020000*
Total $1.190000
Local Revenue Per Student $1,779
State Revenue Per Student $7,265
$1.261720
$0.021409*
$1.475810
$2,220
$7,284
$1,919
$7,284
$1.170000 $0.020000* $1.190000 Proposed Rate *The Interest & Sinking Fund tax revenue is used to pay for bonded indebtedness on construction, equipment, or both. The bonds, and the tax rate necessary to pay those bonds, were approved by the voters of this district.
Comparison of Proposed Levy with Last Year's Levy on Average Residence Average Market Value of Residences
Last Year $103,954
This Year $105,328
Average Taxable Value of Residences
$78,464
$81,086
Last Year's Rate Versus Proposed Rate per $100 Value
$1.190000
$1.190000
Taxes Due on Average Residence
$933.72
$964.92
Increase (Decrease) in Taxes
$31.20
Under state law, the dollar amount of school taxes imposed on the residence homestead of a person 65 years of age or older or of the surviving spouse of such a person, if the surviving spouse was 55 years of age or older when the person died, may not be increased above the amount paid in the first year after the person turned 65, regardless of changes in tax rate or property value. Notice of Rollback Rate: The highest tax rate the district can adopt before requiring voter approval at an election is $1.190000. This election will be automatically held if the district adopts a rate in excess of the rollback rate of $1.190000.
Fund Balances The following estimated balances will remain at the end of the current fiscal year and are not encumbered with or by a corresponding debt obligation, less estimated funds necessary for operating the district before receipt of the first state aid payment. Maintenance and Operations Fund Balance(s)
$33,000,000
Interest & Sinking Fund Balance(s)
$5,000,000
Celebrating Lives
4240902_20458 6.65x5 4c
Our purpose is to honor and commemorate the life of your loved one by coming together and
Celebrating Life.
Start your business on a solid foundation. We can help get your business off the ground and running. With Wells Fargo small business resources, you’ll have access to: • Online tools and resources at wellsfargoworks.com that cover writing an effective business plan, identifying potential customers, and funding resources. • Information and support from a banker in your community. • Innovative products, services, and programs.
Helping Families Celebrate Life 1400 W. Highway 77 | San Benito, Texas 78586 O: 956.361.9192 | F: 956.361.2535 www.sanbenitofuneralhome.com
Stop by and speak to a local banker today, or go to wellsfargo.com/appointments to schedule an appointment at a time that’s most convenient for you.
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OPEN HOUSE Aug 19,2017 35424 Anaqua Dr. OPEN HOUSE OPEN HOUSE Los Fresnos Aug 19,2017 Aug 19,2017 35424 Anaqua Dr. Los Fresnos
10:00am-12:00pm
Aug 19,2017 305 W. 8thOPEN St HOUSE 305 W. 8th St Los Fresnos Aug 19,2017 Los Fresnos 305 W. 8th St 10:00am-12:00pm 10:00am-12:00pm Los Fresnos
10:00am-12:00pm
OPEN HOUSE
$219,500.
Anita Matta / Broker 956-346-3034
OPEN HOUSE
$219,500. Aug 19,2017 35424 Anaqua Dr. Los Fresnos
10:00am-12:00pm
$219,500.
$116,000 $116,000 10:00am-12:00pm 4B3B Handicap 4B3B Handicap $116,000 Accessible Accessible 4B3B Handicap
Anita Matta / Broker 956-346-3034
A n it a M a tt a / B r o k e r 9 5 6 3 4 6 3 0 3 4
OPEN HOUSE
Accessible
Matta/Broker AnitaAnita Matta / Anita Matta/Broker 956-346-3034 Anita Matta/Broker Aug 19,2017 Broker 956-346-3034 956-346-3034 35424 Anaqua Dr. 956-346-3034 OPEN HOUSE HOUSE OPEN OPEN HOUSE Los Fresnos OPEN HOUSE Aug 19,2017 35424 Anaqua Dr. Los Fresnos
10:00am-12:00pm
Anita Matta / Broker 956-346-3034
$219,500.
Aug 19,2017 19,2017 Aug Aug 19,2017 35424 Anaqua Dr. 35424 Anaqua Dr. 10:00am-12:00pm 35424 Anaqua Dr. Los Fresnos Fresnos Los Los Fresnos
10:00am-12:00pm 10:00am-12:00pm 10:00am-12:00pm
A n it a M a tt a / B r o k e r 9 5 6 3 4 6 3 0 3 4
Anita Matta Anita Matta Matta Anita // / / Anita Matta Broker Broker Broker Broker 956-346-3034 956-346-3034 956-346-3034 956-346-3034
OPEN HOUSE
$219,500.
A n it a M a tt a / B r o k e r 9 5 6 3 4 6 3 0 3 4
Aug 19,2017 35424 Anaqua Dr. Los Fresnos
10:00am-12:00pm
$219,500.
$219,500. $219,500. $219,500. Anita Matta / Broker 956-346-3034
A n it a M a tt a / B r o k e r 9 5 6 3 4 6 3 0 3 4
A A A nn n itit it aa a M M M aa a tttt tt aa a // / B B B rr r oo o kk k ee e rr r 9 9 9 55 5 66 6 -- 3 3 3 44 4 66 6 -- 33 3 00 0 33 3 44 4
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