HomeMy WebLinkAboutORD 2007-53 - Levying Tax Rate for Tax Year 2007WHEREAS, the City of Georgetown, Texas is an incorporated Home Rule city
dependent upon taxes to provide its citizens with services; and
WHEREAS, the City of Georgetown, Texas published the required notice on
August 12; and
WHEREAS, all notification and public hearing requirements have been satisfied;
WHEREAS, the City Council finds it necessary to levy taxes for the 2007/08 fiscal
year for the City of Georgetown, Texas; and
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NOW, THEREFORE, BE IT ORDAINED BY THE CITY COUNCIL OF THE CITY
OF is • TEXAS, THAT:
SECTION 1. The facts and recitations contained in the preamble of this ordinance
are hereby found and declared to be true and correct, and are incorporated by reference
herein and expressly made a part hereof, as if copied verbatim. The City Council hereby
finds that this ordinance implements the following policy of the Century Plan - Policy Plan
Element:
1. Finance Policy Statement 13.0, which states: "Ali municipal operations are
conducted in an efficient business -like manner and sufficient financial resources
for both current and future needs are provided",
and further finds that the enactment of this ordinance is not inconsistent or in conflict with
any other Century Plan Policies, as required by Section 2.03 of the Administrative
Chapter of the Policy Plan.
SECTION 2. The City Council of the City of Georgetown (the "City Council")
hereby finds that all of the prerequisites to the levying of a tax rate for this City for the
year 2007, (including, without limitation, certifications, notices, submittals, and public
hearings) as required by law have been complied with.
Levy Tax Rate 2007/08 Ordinance No. 0 8
Page 1 of 2
P:IAGENDAl200718udget AdoptioniBudget-Tax Levy.ORD.doc
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WHEREAS, the City of Georgetown, Texas is an incorporated Home Rule city
dependent upon taxes to provide its citizens with services; and
WHEREAS, the City of Georgetown, Texas published the required notice on
August 12; and
WHEREAS, all notification and public hearing requirements have been satisfied;
WHEREAS, the City Council finds it necessary to levy taxes for the 2007/08 fiscal
year for the City of Georgetown, Texas; and
♦91 ♦` mo iMM i lit
r fl IAM IL i M�
NOW, THEREFORE, BE IT ORDAINED BY THE CITY COUNCIL OF THE CITY
OF is • TEXAS, THAT:
SECTION 1. The facts and recitations contained in the preamble of this ordinance
are hereby found and declared to be true and correct, and are incorporated by reference
herein and expressly made a part hereof, as if copied verbatim. The City Council hereby
finds that this ordinance implements the following policy of the Century Plan - Policy Plan
Element:
1. Finance Policy Statement 13.0, which states: "Ali municipal operations are
conducted in an efficient business -like manner and sufficient financial resources
for both current and future needs are provided",
and further finds that the enactment of this ordinance is not inconsistent or in conflict with
any other Century Plan Policies, as required by Section 2.03 of the Administrative
Chapter of the Policy Plan.
SECTION 2. The City Council of the City of Georgetown (the "City Council")
hereby finds that all of the prerequisites to the levying of a tax rate for this City for the
year 2007, (including, without limitation, certifications, notices, submittals, and public
hearings) as required by law have been complied with.
Levy Tax Rate 2007/08 Ordinance No. 0 8
Page 1 of 2
P:IAGENDAl200718udget AdoptioniBudget-Tax Levy.ORD.doc
SECTION 3. The City Council does hereby levy and adopt the tax rate on $100
valuation for the tax year 2007 as follows:
$.20322 for the purpose of maintenance and operation
15337 for the principal and interest on debt of this city
35659 total tax rate
SECTION 4. If any section, paragraph, clause, phrase, or provision of this
Ordinance shall be adjudged invalid or held unconstitutional, the same shall not affect the
validity of this Ordinance as a whole or any part or provision thereof other than the part
so declared to be invalid or unconstitutional.
SECTION 5. This Ordinance shall become effective upon adoption of its second
and final reading by the City Council of the City of Georgetown, Texas,
-#ASSED AND APPROVED on Second Reading on the I 1th day of September,
2007.
ATTEST:
{ £ i
Sandra Lee
City Secretary
Patricia Carls, City Attorney
, McDonald & Dalrymple, LLP
Levy Tax Rate 2007/08 Ordinance No.
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P:IAGENDAT007tBudget\Adoption\Budget-Tax Levy.ORD.doc
By: G* Nelon
Mayor
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