Austin Approves $48M+ in Property Values
- A special meeting convened solely to address critical city financial matters.
- Officials formally approved the 1927 property tax rolls.
- The total taxable value of properties was set at an aggregate of $48,460,313.00.
- This key policy decision was the only item on the agenda before adjournment.
Full Transcript
226 lowing vote: Ayes, Mayor Pro tem Pannell, Councilmen Mueller, Reed, and Steck, 4; nays, none, Mayor McFadden absent. The Council then recessed. SPECIAL MEETING OF THE CITY COUNCIL: Approved: .. Mayor Pro tem. Austin, Texas, December 30, 1927. The Council was called to order by Mayor Pro tem Pannell. Roll call showed the following members present: Mayor Pro tem Pannell, Councilmen Mueller, Reed, and Steck, 4; absent, Mayor McFadden Mayor Pro tem Pannell stated that the meeting was called for the purpose of approving the tax rolls of the City for year 1927. Councilman Reed moved that the tax rolls, as presented by the Tax Assessor and Collector, aggregating $48,460,313.00, be approved. Motion prevailed by the following vote: Ayes, Mayor Pro tem Pannell, Councilmen Mueller, Reed, and Steck, 4; nays, none, Mayor McFadden absent. Councilman Reed moved that the Council recess, subject to call of the Mayor. Motion prevailed by the following vote: Ayes, Mayor Pro tem Pannell, Councilmen Mueller, Reed, and Steck, 4; nays, none, Mayor VcFadden absent. The Council then recessed. Approved: V.. Mayor Pro tem.