The Hunt County Commissioners Court may be considering two new economic prospects when it meets in regular session today.
The commissioners are also scheduled to continue hosting workshops this week, designed to help craft the upcoming county budget.
The commissioner are set to meet for the regular session at 10 a.m. today, and for the latest budget workshops starting at 10 a.m. Wednesday, in the Auxiliary Courtroom, 2700 Johnson Street in Greenville.
During today’s meeting, the court is scheduled to convene during an executive session under Texas Government Code Section 551.072, which allows the discussion with County Civil Attorney Daniel Ray “regarding the purchase, lease, or value of real property, when such discussion would have a detrimental effect on negotiating position of the government body” concerning Projects Atlas and Frost.
The commissioners are also scheduled to meet with Ray in executive session under Section 551.087, “regarding (1) Commercial of financial information that the governmental body has received from a business prospect that the governmental body seeks to have locate, stay, or expand in or near the territory of the governmental body is conducting development negotiations; (2) Deliberate the offer of a financial or other incentive to a business prospect.”
The projects are being identified by code names as negotiations have continue between county officials and the businesses.
Should the commissioners take any action on the prospective businesses, it would return to regular session to do so.
The Greenville City Council is also scheduled to consider the same prospects when it meets this evening.
The commissioners are also starting the next round of workshops concerning the Hunt County 2019/20 fiscal year budget. The commissioners wrapped up the first review of the proposed budget in late June. The procedure involved a check of the various fund balances in the budget, and a wish list of what was being requested in each department.
The commissioners adopted a $46.1 million budget, for the current fiscal year which included a property tax rate of 51.1899 cents per $100 valuation, compared to the current tax rate of 51.2469 per $100 valuation. The budget included a 3 percent increase in pay for county employees.
The rate was still considered a more than 11 percent tax increase, because it was above the effective tax rate, the rate at which the county would receive the same amount of revenue as in the previous fiscal year.
A new budget and tax rate must be adopted by the start of the next fiscal year on Oct. 1.