Salado will receive $30,974.81 in sales tax revenues for March, up almost 4 percent from the previous year’s payment of $29,838.04.
Salado could face loss of $165,195.65 in M&O tax revenues if voters approve exit
If approved by the voters in the Village of Salado May 6, the disannexation of a large — almost entirely residential — portion of the Village could result in the loss of just over $170 million in market value.
Salado aldermen will conduct the first of two public hearings 6:30 p.m. Sept. 1 on the proposed 2016-17 budget and the proposed tax rate of $0.541900 per $100.
Some in the Village have already put a term to it. They call it the “Sexit,” short for Salado Exit, similar to Britain’s Brexit. But for others, it is no laughing matter. Last night, John Newman presented a petition to City Secretary Mary Ann Ray calling for the disannexation of a large portion of the residential sections of Salado, most of which were part of the original incorporation election in 2000.
Salado aldermen voted unanimously Feb. 18 for the zoning of 57.985± acres to Planned Development District-Commercial and then voted 4-1 for the zoning and rezoning of two properties totaling 251.187± acres to Planned Development-Mixed Use.
Salado BOA adopts policy on advisory boards
The Village of Salado is seeking local citizens to serve on a variety of committees, after aldermen adopted a policy defining the roles, composition and longevity of those committees and advisory boards.
Agreements include property tax rebates, effluent use, tourism dollars for development
Salado mayor Skip Blancett and landowner Billie Hanks, Jr. signed into effect on Nov. 25 more than 200 pages of agreements and a 12 page Warranty Deed. The board of aldermen approved the agreements following a two-hour executive session on Nov. 19.
Mary Poché will join the Salado Chamber of Commerce and Tourism Bureau as the new Executive Director at the end of October 2015.
Salado property owners invited to meetings on Main Street Initiative
Main Street property owners, local residents and business owners are invited to public meetings for the first phase of the Main Street Improvement Initiative 5:30-7 p.m. on Aug. 31 and Sept. 1.
Aldermen revisit donation, wastewater agreements with Sanctuary developers during Aug. 27 meeting
Salado aldermen at their Aug. 20 meeting approved the issuance of $8.2 million in bonds for the construction of a sewer system authorized by voters in November 2014. The issuance of the bonds came three days after village aldermen approved a Donation Agreement and a Wastewater Services Agreement with The Sanctuary Development Company.