[4a. Discussion and Possible Action to Include Adoption of Texas County and District Retirement System (TCDRS) Retirement Plan Rate for 2026 Plan Year]

SYSTEMS, TCDRS RETIREMENT PLAN FOR 2026 PLAN YEAR.

LEANA MANN: THIS AGENDA ITEM TYPICALLY IS APPROVED WITH OUR BUDGET. SO THIS WILL BE FOR THE 2026 PLAN YEAR, AND WE ARE PROPOSING TO ADOPT THE REQUIRED RATE FOR TCDRS. SO THEY GIVE US A RATE THAT WE HAVE TO FUND EACH YEAR, AND THIS WOULD BE THAT RATE, SO WE'RE NOT ELECTING ANYTHING ABOVE THE REQUIRED RATE, AND WE ARE AT A FUNDED RATIO OF 96.7 WHICH IS A REALLY GOOD SPOT TO BE IN FOR A RETIREMENT PLAN, JAMES VALADEZ: MS. CARTWRIGHT DEBORAH CARTWRIGHT: AND I ASSUME THIS AMOUNT WAS INCLUDED IN THE BUDGET THAT WE ADOPTED LAST TIME.

LEANA MANN: YES, IT WAS.

DEBORAH CARTWRIGHT: THANK YOU.

JETT HANNA: JUST KIND OF A PRO FORMA QUESTION HERE, ANY ISSUES THAT HAVE COME TO YOUR ATTENTION REGARDING THE COUNTY AND DISTRICT RETIREMENT SYSTEM? LEANA MANN: NO, AND THEY, THEY ARE ACTUALLY WHEN YOU LOOK AT THE DIFFERENT RETIREMENT SYSTEMS, TMRS, TRS, THEY'RE FUNDED DIFFERENTLY. AND SO THEY HAVE A PROBABLY THE HEALTHIEST RETIREMENT SYSTEM IN TEXAS.

THEY HAVE JUST A DIFFERENT METHODOLOGY OF FUNDING, AND IT'S BEEN VERY SUCCESSFUL.

JAMES VALADEZ: MR. LAVINE DICK LAVINE: JUST JUST A SIDE COMMENT, WHICH IS THAT THIS PAST COUPLE OF DAYS, I WAS ACTUALLY AT A CONFERENCE ABOUT PENSIONS, AND THAT IF, AFTER 30 YEARS, HIRED AT 35 RETIRED AT 65 YOU GET 99% OF SALARY IS SUPER LEANA MANN: YEAH, DICK LAVINE: REALLY GOOD, LEANA MANN: HUGE BENEFIT.

JAMES VALADEZ: ANY OTHER COMMENTS ON THIS? OKAY, WE WILL NEED ACTION ON THIS TODAY.

LEANA MANN: CORRECT, THAT'S CORRECT.

DEBORAH CARTWRIGHT: I MOVE TO ADOPT THE PLAN YEAR 2026, AGREEMENT AS PRESENTED WITH A REQUIRED CONTRIBUTION RATE OF 10.94% JAMES VALADEZ: BEEN MOVED AS CARTWRIGHT SECONDED BY MR. LAVINE. ANY FURTHER DISCUSSION? HEARING NONE, WE'LL TAKE A VOTE.

ALL THOSE IN FAVOR, ALL THOSE OPPOSED. THAT MOTION PASSES UNANIMOUSLY. WE WILL MOVE ON TO ITEM 4B OF OUR REGULAR AGENDA, DISCUSSION AND POSSIBLE

[4b. Discussion and Possible Action on Review and Adoption of Finance Policy]

ACTION ON THE REVIEW AND ADOPTION OF FINANCE POLICY.

KAT HARVEY: OKAY, GOOD AFTERNOON, EVERYONE. WE'RE GOING TO GO OVER THE FINANCE POLICY FOR 2025 DID HAVE THE PAGES ON THE OTHER CAN YOU GO BACK ONE? SO ALL PROPOSED CHANGES ARE HIGHLIGHTED IN YELLOW ON PAGES 19 THROUGH 65 OF YOUR PACKET.

SO THE EFFECTIVE DATE OF THIS PROPOSED POLICY WILL BE SEPTEMBER 1 OF 2025 THE BIGGEST CHANGE WILL BE FROM SENATE BILL 1173 ON THE 89TH REGULAR LEGISLATIVE SESSION. SO CONTRACTS FOR THE PURCHASE OF GOODS AND SERVICES VALUED AT 100,000 OR MORE IN THE AGGREGATE, FOR EACH 12 MONTH PERIOD SHALL BE MADE BY THE METHOD THAT PROVIDES THE BEST VALUE FOR THE DISTRICT. THAT'S COMPETITIVE BIDDING, COMPETITIVE SEALED PROPOSALS. REQUEST FOR PROPOSALS, INTERLOCAL CONTRACT AND A METHOD PROVIDED IN CHAPTER 2269 OF THE GOVERNMENT CODE FOR CONSTRUCTION SERVICES. THIS WILL INCREASE THAT FROM 50,000 TO 100,000 SO THE SECTIONS UPDATED BASED ON SENATE BILL 1173, IS SECTION 4.1 WE'RE UPDATING THE COMPETITIVE BIDDING THRESHOLD TO 100,000 SECTION 4.2 POINT ONE, THE REPORT AND RECOMMENDATION SHALL BE PLACED UPON THE BOARD OF DIRECTORS MEETING AGENDA FOR BOARD CONSIDERATION OF IF THE TOTAL COST EXCEEDS 100,000 AS STATED IN SECTION 4.1 POINT ONE, OTHER RECOMMENDED UPDATES, SECTION 4.2, POINT ONE, WE EXTENDED THE REQUIRED ADVERTISING PERIOD FOR RFPS AND RFQS FROM SEVEN DAYS TO 14 CALENDAR DAYS, AND WE ADDED LANGUAGE REGARDING OPEN RECORDS AND CONFIDENTIALITY OF INFORMATION CONTAINED IN THOSE DOCUMENTS AND AND SECTION 6.13 OF ADDITIONAL UPDATES. WE ADDED SECTIONS ON S

[00:05:05]

BETAS AND LEASES, WHICH ARE PART OF NEW GASB ACCOUNT PRONOUNCEMENTS. THEY'VE BEEN ADOPTED SINCE THE LAST FINANCE POLICY REVISION. SO GASB 87 IS LEASES, AND GASB 96 ARE SBITAS.

SECTION 9.2 WE REMOVED THE SIX YEAR LIMITATION ON FINANCIAL AUDITORS. WE ADDED A REQUIREMENT TO CONDUCT COMPETITIVE BIDDING TO AT LEAST SIX YEARS. AND SECTION 10.8 WE UPDATED THE POLICY WITH RESERVE FUNDS THAT HAVE BEEN CREATED SINCE THE LAST POLICY REVISION. SO RESERVE FOR ARB OPERATIONS, MARKET DATA, PURCHASES AND BOARD ELECTIONS. I KNOW THAT'S A LOT. IF YOU HAVE ANY QUESTIONS ON THAT SLIDE, CELIA ISRAEL: YEAH, I HAVE QUESTIONS. OKAY, WHAT'S SBITA? KAT HARVEY: IT IS A SUBSCRIPTION BASED INFORMATION TECHNOLOGY ARRANGEMENT.

CELIA ISRAEL: GIVE ME AN EXAMPLE OF AN SBITA.

KAT HARVEY: SO IT'S LIKE A SOFTWARE SUBSCRIPTION, LIKE A CLOUD SYSTEM, ANYTHING THAT'S BASICALLY INFORMATION TECHNOLOGY RELATED THAT WE WOULD AGREE TO A CERTAIN CONTRACT PERIOD.

CELIA ISRAEL: STORAGE WOULD BE A COMMON. IT. STORAGE WOULD BE A COMMON, OKAY? YES, OKAY SAY THAT AGAIN KAT HARVEY: SUBSCRIPTION BASED INFORMATION TECHNOLOGY AGREEMENTS, CELIA ISRAEL: OKAY, THANK YOU.

KAT HARVEY: YOU'RE WELCOME.

CELIA ISRAEL: LEARN SOMETHING TODAY.

DEBORAH CARTWRIGHT: THANK YOU FOR ASKING THE QUESTION.

KAT HARVEY: I KNOW IT'S A LOT.

JAMES VALADEZ: MR. LAVINE, DICK LAVINE: I HAVE A QUESTION ABOUT THE SECTION ON AUDITORS.

IN THE PAST, WE'VE HAD TO CHANGE AUDITORS EVERY SIX YEARS.

KAT HARVEY: YES DICK LAVINE: AND NOW WE'LL JUST HAVE TO BID EVERY SIX YEARS.

KAT HARVEY: YES.

DICK LAVINE: I DON'T SEE IN HERE WHERE WE'VE CROSSED REMOVED THE SIX YEAR LIMITATION. DID YOU CROSS OUT ANY LANGUAGE? PAGE 38 KAT HARVEY: SO WE ARE GOING TO PREPARE AND PUBLISH A REQUEST FOR QUALIFICATIONS EVERY SIX YEARS, BUT WE DON'T HAVE TO AUTOMATICALLY SWITCH TO A DIFFERENT AUDITOR EVERY SIX YEARS.

DICK LAVINE: NO, I UNDERSTAND. I JUST WONDERED IF THERE'S LANGUAGE YOU REMOVED THAT PUT A SIX YEAR CAP ON ANY INDIVIDUAL AUDITOR. I DON'T SEE ANY LANGUAGE REMOVED HERE.

KAT HARVEY: YEAH, WE TOOK THE CAP AWAY, LEANA MANN: AND THAT WAS MY OVERSIGHT.

THERE WERE DICK LAVINE: IT'S NOT IT'S JUST GONE.

LEANA MANN: JUST GONE.

DICK LAVINE: YEAH, OKAY.

JAMES VALADEZ: QUESTION FROM MISS CARTWRIGHT DEBORAH CARTWRIGHT: EVEN THOUGH THE 50,000 HAS BEEN CHANGED TO 100,000 WOULD ANYTHING PREVENT THE BOARD FROM REQUESTING COMPETITIVE BIDDING FOR A SMALLER CONTRACT? KAT HARVEY: LEANA CAN ANSWER THAT.

DEBORAH CARTWRIGHT: IN OTHER WORDS, IF THERE WAS A $75,000 CONTRACT OUT THERE, COULD WE NEVERTHELESS REQUEST TO RECEIVE COMPETITIVE BIDS? LEANA MANN: SO THE BOARD CAN ALWAYS REQUEST THAT. BUT IN OUR POLICY, WE ACTUALLY DO SOME FORM OF COMPETITIVE BIDDING FOR ANY PURCHASE OVER $3,000 SO 3000 TO 100,000 WE WILL STILL DO COMPETITIVE BIDDING IN SOME FORM OR FASHION.

DEBORAH CARTWRIGHT: OKAY, I JUST WANTED TO MAKE SURE THAT WE WEREN'T PRECLUDED FROM REQUESTING A COMPETITIVE BID.

THANK YOU.

KAT HARVEY: NEXT SLIDE NICOLE CONLEY: SORRY FOR QUESTION. SECTION 10, POINT, WE'VE BEEN IN PRACTICE APPLYING THESE RESERVE THRESHOLDS, YOU'RE JUST IMPLEMENTING THEM AS CODIFYING THEM AS PART OF POLICY TO REFLECT PRACTICES.

LEANA MANN: THAT'S CORRECT. SO THE BOARD HAS ALREADY CREATED THESE FUNDS PER RESOLUTION AND FUNDED SOME OF THEM. WE'RE JUST PUTTING IT INTO THE POLICY TO REFLECT PRACTICE.

NICOLE CONLEY: FOLLOW UP QUESTION ON THE IF YOU COULD GO BACK TO THE THE BIDDING THE 100,000 I KNOW THAT YOU CHANGED SOME SECTIONS.

THERE'S BETWEEN 3000 AND 100,000 THERE'S SOME YOU HAVE SOME LANGUAGE IN HERE ABOUT HUBS. IS THAT STILL GOING TO BE RELEVANT, CONSIDERING WHAT WE'RE SEEING IN SPECIAL SESSION WITH YOU KNOW, EQUITY AND ANTI DEI, IS THAT GOING TO BE IS? IS THAT SOMETHING THAT WE CAN STILL UTILIZE AS A LEANA MANN: WE WOULD NEED TO GET LEGAL ADVICE, OF COURSE, BUT I DO NOT SEE WHY THAT WE WOULD BE PRECLUDED FROM STILL RESEARCHING THE HUB DATABASE, AS LONG AS IT STILL EXISTS.

NICOLE CONLEY: THANK YOU.

JAMES VALADEZ: ANY OTHER QUESTIONS? MR. WANG SHENGHAO WANG: OKAY, SO I HAVEN'T HAD TIME TO READ THIS.

ALSO FOR THE FOR THE SECTION 10 RESERVES, WHAT THE THRESHOLD NUMBERS IS THAT, LIKE THE TARGET AMOUNT YOU WOULD LIKE TO HAVE? SAVED UP IN THESE RESERVES, OR WHAT IS THE THRESHOLD MEAN?

[00:10:03]

LEANA MANN: SO WHEN WE CREATE A RESERVE, WE TYPICALLY ASSIGN A PERCENTAGE OF THE OVERALL OPERATING BUDGET, AND SO THAT'S THE TOTAL AMOUNT OF THE RESERVE THAT THE RESERVE COULD HOLD. SO THAT'S THE UPPER LIMIT OF WHAT IT CAN HOLD, SHENGHAO WANG: OKAY? AND FOR WHEN IT SAYS OPERATING BUDGET, THE OPERATING BUDGET OF THE CORRESPONDING THING THAT THE RESERVE IS FOR, LEANA MANN: IT WOULD BE THE OVERALL OPERATING BUDGET OF THE CAD. SO THE PROPOSED BUDGET FOR THE YEAR.

SHENGHAO WANG: OH, SO THE ONE THAT WE JUST APPROVED LAST LEANA MANN: CORRECT, SHENGHAO WANG: OKAY, OKAY, THANK YOU.

JAMES VALADEZ: ANY OTHER COMMENTS ON THIS KAT HARVEY: NEXT SLIDE AND FINAL RECOMMENDED UPDATES SECTION 3.3. POINT ONE, WE REASSIGNED EMPLOYEE RECEIVABLES UNDER HUMAN RESOURCES. 9.2. WE REPLACED OUTDATED TERMINOLOGY BASED ON GFOA GUIDANCE. THAT'S THE GOVERNMENT FINANCE OFFICERS ASSOCIATION AND SECTION 9.7 WE UPDATED GENERAL LEDGER CODES TO MATCH CURRENT GENERAL LEDGER CODES, 9.8 POINT SIX AND NINE POINT 9.4 THESE. WE JUST UPDATED THESE PROCESSES TO ALIGN WITH CURRENT PRACTICE AND OTHER MISCELLANEOUS UPDATES. WE JUST UPDATED JOB TITLES AND ROLE REFERENCES FOR ACCURACY AND HOW WE'RE CURRENTLY DOING THINGS.

BELIEVE THAT'S IT. ANY QUESTIONS, JAMES VALADEZ: AND WE NEED A VOTE ON THIS FOR ADOPTION TODAY LEANA MANN: WE DO SHENGHAO WANG: I MOVE TO ADOPT, TO APPROVE AND ADOPT THE TRAVIS CAD FINANCE POLICY EFFECTIVE SEPTEMBER 1, 2025 NICOLE CONLEY: SECOND.

JAMES VALADEZ: IT'S BEEN MOVED BY MR. WANG, SECONDED BY MS CONLEY. ANY FURTHER DISCUSSION? HEARING NONE. WE'LL TAKE A VOTE ALL THOSE IN FAVOR, ALL THOSE OPPOSED. THAT PASSES UNANIMOUSLY. WE WILL NOW MOVE ON TO ITEM 4C OF OUR REGULAR AGENDA, WHICH IS DISCUSSION AND

[4c. Discussion and Possible Action on Chief Appraiser Report to Include 2025 Protest Season, Community Outreach, Taxpayer Experience Snapshot, and Legislative Update]

POSSIBLE ACTION ON CHIEF APPRAISER'S REPORT TO INCLUDE THE 2025 PROTEST SEASON, COMMUNITY OUTREACH, TAXPAYER EXPERIENCE, SNAPSHOT AND LEGISLATIVE UPDATE.

LEANA MANN: THANK YOU. WE HAVE CERTIFIED THE APPRAISAL ROLL. WE CERTIFIED THE ROLL WAS RETURNED BACK TO US FROM THE ARB ON JULY 18, AND ALL TAXING UNITS RECEIVED THEIR CERTIFICATION LETTERS BY JULY 21 CURRENTLY, WE HAVE ABOUT 5000 PROTESTS THAT ARE OUTSTANDING.

THOSE ARE LATE PROTESTS OR CORRECTION MOTIONS THAT ARE STILL PENDING. SCHEDULING. WE'RE AT 99.8% COUPLE THINGS TO POINT OUT. AT THE END OF THE SEASON, WE ENDED WITH 86% OF PROTESTS FILED WERE AGENT PROTESTS, AND 14% FILED BY OWNERS, AND 72 71.4% WERE ELECTRONICALLY FILED, SO THEY WERE USING THE PORTAL TO FILE THEIR PROTESTS.

WE'VE ALSO DONE SOME DISASTER RELIEF OUTREACH IN RESPONSE TO THE JULY 4 FLOODING. WE SENT POSTCARDS TO EVERYONE IN ZIP CODE 78, 641, WHICH WAS THE MAIN AREA IN TRAVIS COUNTY THAT WAS AFFECTED BY THE FLOODING. SO THEY'VE RECEIVED POSTCARDS, BUT WE'VE ALSO REACHED OUT TO A LOT OF ORGANIZATIONS THAT ARE HELPING DISASTER VICTIMS TO MAKE SURE THEY KNOW THAT THE EXEMPTION IS AVAILABLE AND HOW TO APPLY FOR IT.

CELIA ISRAEL: LEANA QUESTION CHAIR, WOULD THE THANK YOU FOR DOING THAT. I'M WONDERING THAT THAT'S AN EXTRA EXPENSE YOU WEREN'T PLANNING ON. YOU KNOW ABOUT HOW MUCH MONEY THAT COST YOU? I MEAN, I'M GLAD YOU DID IT, AND IT LOOKS LIKE IT WAS NICE AND PRETTY. GET PEOPLE'S ATTENTION.

LEANA MANN: IT WAS UNDER 10,000 I THINK RIGHT AROUND 6000 CELIA ISRAEL: OKAY, GREAT. THANK YOU FOR DOING THAT.

LEANA MANN: SO AS A REMINDER EXEMPTION APPLICATIONS FOR THE DISASTER THAT THE DEADLINE TO FILE IS OCTOBER 20. WE HAVE A LOT OF INFORMATION ON OUR WEBSITE, INCLUDING A CALCULATOR THAT THEY CAN USE AT TRAVISCAD.ORG/DISASTERS AND SUBSEQUENTLY, THE GOVERNOR FILED A DISASTER FOR TRAVIS FOR INCREASED WILDFIRE RISK, AND SO THAT IS ALSO AVAILABLE ON OUR WEBSITE NOW.

WE ARE IN OUR TRUTH IN TAXATION PERIOD AS TAXING UNITS DETERMINE THEIR BUDGETS AND SET TAX RATES, WE DID A WEBINAR ON AUGUST 13 FOR PROPERTY OWNERS. WE ALSO DID A WEBINAR FOR OUR TAXING UNITS TO JUST GIVE AN ANNUAL REFRESHER OF WHAT REQUIREMENTS THEY HAVE IN TERMS OF THE TNT DATABASE THAT THEY HAVE TO UPLOAD THEIR DATA TO. WE ALSO AGAIN SENT POSTCARDS TO THE PROPERTY OWNERS. THIS YEAR, WE CUT BACK A LITTLE BIT WE DID ALL HOMESTEADED RESIDENTIAL PROPERTIES IN TRAVIS COUNTY, SO.

ALL RECEIVED A POSTCARD REMINDING THEM THAT THE TAX BILL

[00:15:03]

INFORMATION IS UP ON TRAVIS COUNTY. TRAVISTAXES.COM JAMES VALADEZ: MS CARTWRIGHT, DEBORAH CARTWRIGHT: HOW IS THE COMPLIANCE BY THE TAXING UNITS FOR UPLOADING THE DATA? LEANA MANN: IT GETS BETTER EVERY YEAR. WE HAVE VERY FEW AT THIS POINT NOW THAT HAVE NOT UPLOADED THEIR DATA, SO WE'RE TRACKING IT, AND WE'LL REACH OUT TO THEM AND LET THEM KNOW, HEY, WE NEED YOUR RATES PUT IN THERE.

DEBORAH CARTWRIGHT: OKAY, THANK YOU.

SHENGHAO WANG: AS A FOLLOW UP TO THAT, I'M GUESSING THESE ARE THE SMALLER ONES LIKE MUDS OR ESDS.

LEANA MANN: YEAH, ALL OF THE MAJOR ONES HAVE ENTERED THEIR DATA.

SO WE'VE DONE QUITE A BIT OF COMMUNITY OUTREACH. OVER THE LAST MONTH, WE HAD THE PFLUGERVILLE TAX OFFICE REOPENING. THAT WE ATTENDED WITH THE TAX OFFICE REALLY IMPORTANT TO PFLUGERVILLE, YES, A HUGE BENEFIT THAT THEY HAVE THAT OFFICE BACK. WE ALSO DID A LAST MINUTE EXEMPTION CLINIC IN PFLUGERVILLE THAT NEXT DAY, SATURDAY, AUGUST 2. AND THEN WE DID OUR WEBINAR ON NAVIGATING THE TRAVIS TAXES WEBSITE, TNT WEBINAR. WE DID OUR MONTHLY VA BENEFIT CLINIC ON THE 13TH AND THEN YESTERDAY AND TODAY, WE DID TCAD 101, FOR REAL ESTATE PROFESSIONALS. WE HOSTED ONE HERE IN HOUSE THIS MORNING. AND THEN DID ONE WITH PATENT TITLE YESTERDAY THAT HAD A REALLY GOOD TURNOUT.

AND THEN ON THE 23RD WE WILL BE AT DEL VALLE DAY WITH DVCC, AND THAT IS OUT AT CIRCUIT OF THE AMERICAS.

JAMES VALADEZ: MS. ISRAEL CELIA ISRAEL: I'M JUST CURIOUS HOW WELL ATTENDED WAS YOUR REALTOR? WE DIDN'T MAKE IT.

LEANA MANN: NO, THAT'S OKAY. WE HAD A GREAT TURNOUT. WE LIMIT IT TO ABOUT 40 PEOPLE JUST BECAUSE OF THE ROOM SIZE, AND IT GETS TOO BIG, THE INFORMATION DOESN'T GET TO THEM AS EASILY. AND WE HAD PROBABLY 30 PEOPLE THAT SHOWED UP ROUGHLY, GOOD TURNOUT.

CELIA ISRAEL: THANK YOU.

LEANA MANN: WE COMING UP IN SEPTEMBER. WE HAVE A TAX RATES AND PROPERTY TAX BILL OUTREACH EVENT WITH THE ANDERSON COMMUNITY DEVELOPMENT CORPORATION, AND THEN WE HAVE OUR MONTHLY VA BENEFITS CLINIC ON SEPTEMBER 10.

AND WE ALSO DID EARLIER IN THE SUMMER, WE DID A WOMEN IN PUBLIC FINANCE EVENT THAT NICOLE GRACIOUSLY ASKED ME TO SPEAK AT WITH SOME REALLY KEY PEOPLE IN OUR TRAVIS COUNTY FINANCE COMMUNITY, WHICH WAS FUN FOR OUR TAXPAYER EXPERIENCE SNAPSHOT, WE'VE HAD REALLY GREAT REVIEWS HAVE CONTINUED THROUGH THE SUMMER. OUR CUSTOMER SERVICE GROUP IS AT A 4.56 OUT OF FIVE, AND EVEN THROUGH PROTESTS, OUR APPRAISERS STAYED AT A 4.28 OUT OF FIVE. MOST OF THE NEGATIVE COMMENTS THAT WE RECEIVED BACK HAD TO DO WITH THE PROCESS ITSELF. WE GOT GLOWING REVIEWS ON OUR APPRAISERS FOR THEIR PROFESSIONAL AND COURTEOUS MANNER THAT THEY'RE TREATING PROPERTY OWNERS.

AND THAT'S ALL I HAVE FOR THE CHIEF APPRAISERS REPORT. ANY QUESTIONS? JAMES VALADEZ: NO QUESTIONS. SOUNDS GOOD. THANK YOU FOR THE REPORT. WE WILL MOVE ON TO THE NEXT ITEM. OUR NEXT ITEM IS 4D WHICH IS DISCUSSION AND POSSIBLE ACTION ON LITIGATION AND APPEALS RELATED TO PENDING AND ANTICIPATED LAWSUITS. IN ADDITION TO THAT, 4E DISCUSSION AND POSSIBLE ACTION TO AUTHORIZE THE CHIEF APPRAISER TO APPEAL THE APPRAISAL REVIEW BOARD'S DETERMINATION OF THE TAX YEAR 2025, PROTEST FOR PROPERTY ID 292257, BOTH OF THOSE ITEMS WILL BE TAKEN UP IN EXECUTIVE SESSION.

THE BOARD MAY MEET IN EXECUTIVE SESSION TO DELIBERATE ANY MATTER AUTHORIZED BY TEXAS GOVERNMENT CODE SECTION FIVE, FIVE, 1.01 OF THE TEXAS OPEN MEETINGS ACT FOR BOTH THESE ITEMS WILL BE CITING SECTION 5071.

CONSULTATION WITH ATTORNEY REGARDING PENDING AND CONTEMPLATED LITIGATION, SETTLEMENT OFFERS AND MATTERS ON WHICH THE ATTORNEY HAS A DUTY TO ADVISE THE BOARD UNDER THE TEXAS DISCIPLINARY RULES AND PROFESSIONAL CONDUCT OF THE STATE BAR OF TEXAS NEED A MOTION TO GO TO EXECUTIVE SESSION.

SHENGHAO WANG: SO MOVED, JAMES VALADEZ: MOVED MOVED BY MR. WANG, SECONDED BY MR. LAVINE, ALL THOSE IN FAVOR, AYE, ALL THOSE OPPOSED. THAT PASSES UNANIMOUSLY AT 1150 THE TRAVIS CENTRAL APPRAISAL DISTRICT BOARD OF DIRECTORS WILL NOW GO INTO EXECUTIVE SESSION.

[02:27:02]

SO THE TIME IS 1:58 AND THE TRAVIS CENTRAL APPRAISAL

[02:27:05]

DISTRICT BOARD OF DIRECTORS IS BACK FROM EXECUTIVE SESSION. IN

[02:27:10]

EXECUTIVE SESSION, WE TOOK UP TWO ITEMS, ITEM 4D WHICH IS

[4d. Discussion and Possible Action on Litigation and Appeals Related to Pending and Anticipated Lawsuits]

[02:27:14]

DISCUSSION AND POSSIBLE ACTION ON LITIGATION AND APPEALS

[02:27:18]

[02:27:22]

ON ITEM 4E, WHICH IS DISCUSSION AND POSSIBLE ACTION TO AUTHORIZE

[4e. Discussion and Possible Action to Authorize the Chief Appraiser to Appeal the Appraisal Review Board's Determination on the Tax Year 2025 Protest for Property ID 292257]

[02:27:27]

THE CHIEF APPRAISER TO APPEAL THE APPRAISAL REVIEW BOARD'S

[02:27:31]

DETERMINATION OF THE TAX YEAR 2025, PROTEST FOR PROPERTY ID, 292257,

[02:27:38]

WE MET AND DISCUSSED, AND I WILL NOW OPEN IT UP FOR FURTHER

[02:27:44]

DISCUSSION IN AN OPEN SESSION.

[02:27:51]

SHENGHAO WANG: MR. CHAIR, I'D LIKE TO MAKE A MOTION. BASED ON

[02:27:54]

OUR EXTENSIVE DISCUSSION IN EXECUTIVE SESSION, I MOVE THAT