Monday, October 9, 2017

Von Ormy passes 2018 budget, keeps zero property tax rate; is debt free

VON ORMY - Residents of Von Ormy will continue to be the only city in Bexar County to enjoy no municipal property taxes. The Von Ormy City Commission unanimously adopted its fiscal year 2018 budget on September 29 and maintained the city's property tax rate at zero percent.  The budget prioritizes the reestablishment of the Von Ormy Police Department and animal control services and provides funding for long term park improvements.  The budget assumes a 5% growth in sales taxes, a conservative estimate following two years of rising sales taxes. Von Ormy is on pace to have its highest sales tax collection in its history in 2017.  The 2018 budget also completes payment on the city's sole outstanding tax note, Series 2011, which was issued to purchase land for the municipal park and city office complex.  The final payment on this note leaves the City debt free. 
     Von Ormy's 2018 budget is $581,248.00.  Additionally, the city maintains reserves of over one year's operating budget.  This allows the city to operate without property taxes and withstand the variability of sales tax revenue. 2014 saw the sharpest decline in sales tax collections  at 10% less than the prior year.  However, during its 10 years of existence, Von Ormy has run a budget surplus each year and has never had to dip into reserves for city operations.  In addition to providing a safety net against declining revenue, these surpluses allow the city to avoid long-term debt.  In 2017, the City purchased a city hall, a police station and three new police vehicles and paid cash for each.     




60 comments:

  1. That's great news! Can I make a suggestion pertaining the park? The running track, can it be extended to a mile and/or more for the runner here in Von Ormy? And maybe some street lights for safety?

    ReplyDelete
  2. Quantum Binary Signals

    Get professional trading signals delivered to your cell phone every day.

    Start following our signals today and gain up to 270% daily.

    ReplyDelete
  3. Very useful post. This is my first time i visit here. I found so many interesting stuff in your blog especially its discussion. Really its great article. Keep it up. virtual number

    ReplyDelete
  4. In most cases, thousands of dollars are at risk but my Tax Relief eBook teaches you how to go it alone. My eBook includes computerized IRS forms and has systematic instructions on how to evaluate your case and prepare the IRS forms. guarantor

    ReplyDelete
  5. If any easements or encumbrances exist across the property for electricity, then seek to understand the rights and obligations that these documents create on the property owner.Learn More Here

    ReplyDelete
  6. I was very pleased to find this web-site.I wanted to thanks for your time for this wonderful read!! I definitely enjoying every little bit of it and I have you bookmarked to check out new stuff you blog post.
    manga rock offline

    ReplyDelete
  7. I'm constantly searching on the internet for posts that will help me. Too much is clearly to learn about this. I believe you created good quality items in Functions also. Keep working, congrats! https://www.valsqld.com.au/

    ReplyDelete
  8. A decreasing residential real estate is the best time to set aside cash for your future needs. So, it is advised by financial experts that you take advantage of the falling of home values. houses513

    ReplyDelete
  9. Intriguing post. I Have Been pondering about this issue, so much obliged for posting. Really cool post.It "s truly extremely pleasant and Useful post.Thanks Surrey Real estate

    ReplyDelete
  10. Before, individuals by and large needed to make endowments as ahead of schedule as could reasonably be expected, however that is no longer dependably the best system because of income tax advantages of passing on resources.CPA San Diego

    ReplyDelete
  11. As we put these in place,Fix Flip Loans Massachusetts we may spot items that we haven't yet calculated and we may have to go back and add them in the appropriate places.

    ReplyDelete
  12. wow this good but ,I like your post and good pics may be any peoples not like because defrent mind all poeple , Handy Road Dhoby Ghaut MRT

    ReplyDelete
  13. This is a pretty great post. I've been thinking of starting a blog on this subject myself. Any tips or anything you would recommend me to avoid.http://taxattorneynearme.me

    ReplyDelete
  14. A tenancy schedule should be sourced for the property and checked totally. What you are looking for here is an accurate summary of the current lease occupancy and rentals paid.real estate practice test

    ReplyDelete
  15. Everyone wants to have a tax free property where they would not be much worried about all those taxes issues as the Bexar County Assessment said this zero tax fact clearly in here which will help you out there.

    ReplyDelete
  16. Amazingly accommodating post. This is my first time i visit here. I found such an extensive number of captivating stuff in your blog especially its trade. Genuinely its unprecedented article. Keep it up. Gutter Repair Durham NC

    ReplyDelete
  17. Superb examining .Thanks for sharing. It's late finding this show up. Visit website

    ReplyDelete
  18. I felt exceptionally glad while perusing this site. This was truly exceptionally enlightening site for me. I truly preferred it. This was truly a sincere post. Much obliged!.  Choose a handyman or contractor

    ReplyDelete
  19. I discovered your site ideal for me. It consists of wonderful and useful posts. I've read many of them and also got so much from them. In my experience, you do the truly amazing.Truly i'm impressed out of this publish gutter companies in raleigh nc

    ReplyDelete
  20. I like this post,And I figure that they having a great time to peruse this post,they might take a decent site to make an information,thanks for sharing it to me. Install New gutters

    ReplyDelete
  21. The CSOne is web-based maintenance management software designed for maintenance and repair service providers. It is specifically designed to fulfill the requirements for these services and successfully improved productivity of thousands of users around the world Real Estate Blog

    ReplyDelete
  22. I'm impressed, I must say. Very rarely do I come across a blog thats both informative and entertaining, and let me tell you, you ve hit the nail on the head. Your blog is important.. Gutter Blog

    ReplyDelete
  23. Incredible articles and awesome design. Your blog entry merits the greater part of the positive input it"s been getting. if you want to Setup Router, you have to log in to your Router. Coming site 192.168.l.l

    ReplyDelete
  24. Truly, this article is really one of the very best in the history of articles. I am a antique ’Article’ collector and I sometimes read some new articles if I find them interesting. And I found this one pretty fascinating and it should go into my collection. Very good work! Algarve Property For Sale

    ReplyDelete
  25. Algarve Property For Sale When your website or blog goes live for the first time, it is exciting. That is until you realize no one but you and your.

    ReplyDelete
  26. I definitely enjoying every little bit of it. It is a great website and nice share. I want to thank you. Good job! You guys do a great blog, and have some great contents. Keep up the good work. North Pacific Property Management

    ReplyDelete
  27. Its as if you had a great grasp on the subject matter, but you forgot to include your readers. Perhaps you should think about this from more than one angle. development loan rates

    ReplyDelete
  28. نحن نمتلك مجموعة من الخبراء والمتخصصين فى شركة تنظيف بابها ونحن نستطيع التعامل مع كافة المساحات المختلفة فلا يهم ان كنت تمتلك منزل او فيلا فأن لدينا خبرات كبيرة تمكنا من تقديم خدماتنا على اكمل وجه ولدينا عمال وفنيين محترفين ولهم خبرات مختلفة نقدم ايضآ تنظيف لواجهات الشركات والفنادق. فكل ما تحتاجه من معدات واجهزة ومنظفات ذات جودة عالمية موجودة بشركتنا فنحن نسعى فقط لارضاء العميل أولآ واخيرآ

    شركة عزل خزانات بخميس مشيط
    شركة مكافحة حشرات بخميس مشيط
    شركة غسيل مجالس بخميس مشيط
    شركة غسيل خزانات المياه بخميس مشيط
    شركة غسيل خزانات بخميس مشيط
    شركة تنظيف شقق بابها

    ReplyDelete
  29. فنحن نقوم بكافة أعمال التنظيف للشقق والفلل والقصور نعمل على تنظيف كافة المنزل بداية من الأرضيات سواء كانت بلاط أو سراميك أو رخام و أيضا نقوم بتنظيف فرش الأرضيات سواء موكيت أو سجاد بأكثر من طريقة سواء باستخدام البخار أو بجهاز الرغوة الالية أو باستخدام الفرشاة الاليه. كما نقوم بتنظيف الأثاث بأجود المواد التي لا تؤثر على درجة الالوان أو حالة الأخشاب كما نقوم بتلميع الزجاج ممها بلغ ارتفاعة.

    شركة غسيل موكيت بابها
    شركة عزل خزانات بابها
    شركة تنظيف خزانات المياه بابها
    شركة تنظيف كنب بابها
    شركة رش مبيدات بابها
    شركة رش مبيدات بابها
    شركة مكافحة الحشرات بابها

    ReplyDelete
  30. نحن نمتلك مجموعة من الخبراء والمتخصصين فى شركة تنظيف بابها ونحن نستطيع التعامل مع كافة المساحات المختلفة فلا يهم ان كنت تمتلك منزل او فيلا فأن لدينا خبرات كبيرة تمكنا من تقديم خدماتنا على اكمل وجه ولدينا عمال وفنيين محترفين ولهم خبرات مختلفة نقدم ايضآ تنظيف لواجهات الشركات والفنادق. فكل ما تحتاجه من معدات واجهزة ومنظفات ذات جودة عالمية موجودة بشركتنا فنحن نسعى فقط لارضاء العميل أولآ واخيرآ

    شركة عزل خزانات بخميس مشيط
    شركة مكافحة حشرات بخميس مشيط
    شركة غسيل مجالس بخميس مشيط
    شركة غسيل خزانات المياه بخميس مشيط
    شركة غسيل خزانات بخميس مشيط
    شركة تنظيف شقق بابها

    ReplyDelete
  31. فنحن نقوم بكافة أعمال التنظيف للشقق والفلل والقصور نعمل على تنظيف كافة المنزل بداية من الأرضيات سواء كانت بلاط أو سراميك أو رخام و أيضا نقوم بتنظيف فرش الأرضيات سواء موكيت أو سجاد بأكثر من طريقة سواء باستخدام البخار أو بجهاز الرغوة الالية أو باستخدام الفرشاة الاليه. كما نقوم بتنظيف الأثاث بأجود المواد التي لا تؤثر على درجة الالوان أو حالة الأخشاب كما نقوم بتلميع الزجاج ممها بلغ ارتفاعة.

    شركة غسيل موكيت بابها
    شركة عزل خزانات بابها
    شركة تنظيف خزانات المياه بابها
    شركة تنظيف كنب بابها
    شركة رش مبيدات بابها
    شركة رش مبيدات بابها
    شركة مكافحة الحشرات بابها

    ReplyDelete
  32. I can recommend primarily decent and even responsible tips, as a result view it: repossessed houses

    ReplyDelete
  33. Local council records may also have impact on the property. Are there any orders or notices that have been issued or are outstanding on the property, guelph townhomes for sale and can these things be of concern to the potential investor?

    ReplyDelete
  34. In our situation, we need to discover what sort of monetary return we can anticipate from a venture property given certain data about the speculation. Clavon showflat

    ReplyDelete
  35. Hi there, i read your blog occasionally and i own a similar one and i was just curious if you get a lot of spam feedback? If so how do you stop it, any plugin or anything you can suggest? I get so much lately it’s driving me crazy so any support is very much appreciated. One-North Eden

    ReplyDelete
  36. This is really interesting, You are an excessively skilled blogger. I have joined your rss feed and look ahead to in the hunt for extra of your great post. Also, I’ve shared your website in my social networks! Ryse Residences

    ReplyDelete
  37. This comment has been removed by the author.

    ReplyDelete
  38. I read a article under the same title some time ago, but this articles quality is much, much better. How you do this.. remote cpa jobs

    ReplyDelete
  39. What a really awesome post this is. Truly, one of the best posts I've ever witnessed to see in my whole life. Wow, just keep it up. origami star

    ReplyDelete