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 are instrumental in development and maintaining an appraisal district that is well managed and fair to both individual tax payers and the entities that depend upon property tax revenue to fund local government operations. Staff recommends nominating Anthony Nguyen for a two-year term. Mr. Nguyen was first appointed to the TCAD Board of Directors in 2018. The City of Round Rock previously voted for Mr. Nguyen.
This resolution simply allows the City to submit its nomination which is due by October 11, 2019. Staff will bring back another item to cast votes when that time comes.