

CITY OF
WHITE SETTLEMENT
City
Council
Economic
Development Corporation
White Settlement Area
Chamber of Commerce Annual Banquet
February 4, 2012 @ 6:30 pm
IAM #776 Union Hall - 7705
Clifford Street, White Settlement, Texas
Notice
is hereby given that members of the City of White Settlement City
Council and the City of White Settlement Economic Development
Corporation in numbers may constitute a quorum, may participate in the
White Settlement Area Chamber of Commerce Annual Banquet to be held at
the IAM#776 Union Hall, 7705 Clifford Street, White Settlement, Texas on
February 4, 2012 at 6:30 p.m.
This
meeting is purely a social gathering at which there will be no
deliberation nor will there be any formal action taken. While there may
be incidental discussion of City business, the City Council Members and
the Economic Development Corporation Directors will not be deliberating
as a governing body of the City of White Settlement. Any discussion of
public business is purely incidental to the social gathering.
Texas
Government Code Section 551.001 (4) (b) (iv)
_________________________________
Amy Arnold,
City Secretary
By
Linda Ryan, City Manager
Posted
on City Bulletin Board
February
1, 2012
NOTICE OF TAX REVENUE INCREASE
The City of White Settlement conducted public hearings on August 23,
2011 and August 30, 2011 on a proposal to increase the total tax
revenues of the City of White Settlement from properties on the tax roll
in the preceding year by 8.27 percent.
The total tax revenue raised last year at last year’s tax rate of
$0.686037 for each $100 of taxable value was $ 3,444,716.
The total tax revenue proposed to be raised this year at the proposed
tax rate of $0.7421346 for each $100 of taxable value, excluding tax
revenue to be raised from new property added to the tax roll this year
is $ 3,676,318.
The total tax revenue proposed to be raised this year at the proposed
tax rate of $0.7421346 for each $100 of taxable value, including tax
revenue to be raised from new property added to the tax roll this year
is $ 3,729,586 .
The City of White Settlement is scheduled to vote on the tax rate that
will result in that tax increase at a public meeting to be held on
September 13, 2011 at White Settlement City Hall, 214 Meadow Park Drive
at 7:00 p.m.
Notice - City of White Settlement
2011 Tax Rate
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PRESS RELEASE
A recent audit of the City of White Settlement’s financial records
received the highest level of assurance. The City’s external auditors,
George, Morgan & Sneed, P.C., gave the City an unqualified (“clean”)
opinion for its fiscal year ending September 30, 2010.
The City’s Annual Financial Report will be presented to the City
Council on May 24th by the Auditors. The Financial Report is
available for review at the White Settlement Public Library or online at
the City’s website: www.wstx.us.
The Audit is an important tool to ensure transparency and maintain
the general public’s trust and confidence that city resources are being
used effectively and efficiently. Audits provide an independent review
of city programs, policies and functions in order to help management
perform more efficiently; examine financial reports, various records and
procedures to determine compliance with applicable ordinances,
regulations, policies and contractual provisions; and evaluate the
City’s internal control structure to ensure that City assets are
properly safeguarded.
In addition the Finance Department was once again awarded the
Certificate of Achievement for Excellence in Financial Reporting for the
24th consecutive year for their 2009 Comprehensive Annual Financial
Report (CAFR). In order to be awarded a Certificate of Achievement, a
government has to publish an easily readable and efficiently organized
CAFR that satisfies both generally accepted accounting principles and
applicable legal requirements.
March
16, 2011