Meeting is at 6:30 p.m. Thursday

Staff Report, Alice Echo-News Journal

The Alice City Council is expected to receive financial audits from the Alice Chamber of Commerce and the Alice/Jim Wells County Economic Development Corporation during a special meeting to discuss the 2008 Alice city budget Thursday.

In previous budget discussions, council members requested the presentations before they would allocate any funds in next year's budget for the two entities.

Dean Kruckenberg, the executive director of the EDC, is expected to present an audit and year-end financial review of the EDC to the council.

Chamber of Commerce executive vice-president Mike Smith and marketing representative Juan Navejar are scheduled to present the first and second quarter financial reports for the chamber to the council.

The meeting is scheduled for 6:30 p.m. Thursday in the Alice Council Chambers at Alice City Hall and is open to the public.

In other business, the council is scheduled to hear a presentation and act upon a request from Tejano R.O.O.T.S., Inc. for assistance with the museum's Eighth Annual Noche de Fiesta Tejana.

In a meeting earlier this month, the organization requested a cash contribution of $3,000 from the city to assist with marketing for the program.

At that time, council members tabled the request to determine if funding could be obtained through the Chamber of Commerce.

The council is also scheduled to approve a tax rate for the city and to set public hearings, if required, to discuss that rate.

The rate proposed to the council by city staff is $.331080 per $100 valuation. The proposed rate is slightly less than the effective rate of $.334471, the rate necessary to collect the same amount of tax revenue as last year.

Last year's rate, which was $.40 per $100 valuation, resulted in a tax levy of $2,743,040 for the city.

City council members could choose a rate higher than the proposed rate, but any rate the city would accept above the effective rate would require a number of public hearings before it could be finalized, city officials said.

The rollback rate, above which the city could be subject to a rollback election, is set at $.364781 per $100 valuation.

The council is also scheduled to review and discuss the 2006-2007 revised city budget anD the 2007-2008 proposed city budget.