Based on current fund balances and a prorated schedule of monthly expenditures until September 30, 2024, the District anticipates the following fund balances at the end of the fiscal year:

• Operating: $341,900.00
• Reserve: $1,032,100.00

Based on the information related to appraised values of property with Refugio County and the 2022 tax rate of the District, the following tax rates have been calculated for the District by the Refugio County Tax Assessor-Collector:

• The 2024 No-New-Revenue Tax Rate:  $0.013190/$100
• The 2024 Voter-Approved Tax Rate: $0.014250/$100

Additional information regarding the proposed tax rate can be found within the tax rate notes:

On September 10, 2024, the Board of Directors met and adopted a tax rate of $0.01374/$100.