Title
Consider a resolution nominating a representative for the Travis Central Appraisal District Board of Directors.
Body
The Travis Central Appraisal District (TCAD) is responsible for appraising property in the county at its market value for property taxation purposes. The 5-member board of directors sets policies for the TCAD and hired the Chief Appraiser. The board also approves the TCAD annual budget, which is funded by pro-rated assessments of the taxing entities in the county. The board also appoints the Appraisal Review Board, a quasi-independent group that hears and rules on property tax protests.
The TCAD board of directors is intrumental in development and maintaning an appraisal district that is well managed and fair toboth individual tax payers and the entities that depend upon property tax revenue to fund local government operations. Staff recommends nominating Rico Reyes for another two year term. Rico was first appointed to the TCAD board in 2011.
This resolution simply allows the City to submit it's nominations which are due by October 13th. Staff will bring back another item to cast votes when that time comes.