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HomeMy WebLinkAboutRES 082515-W - Ratify Tax RateOLUTION NO. WHEREAS, the Legislature of the State of Texas has amended Section 102.007 of the Local Government Code: and WHEREAS, a separate vote of the City Council is required to ratify that the adoption of the 2015/16 Annual Budget will require raising more revenue from property taxes than the previous year; and NOW, THEREFORE BE IT RESOLVED BY THE CITY COUNCIL OF THE CITY OF GEORGETOWN, TEXAS, THAT: SECTION 1. The facts and recitations contained in the preamble of this resolution are hereby found and declared to be true and correct, and are incorporated by reference herein and inxpressly made a part hereof, as if copied verbatim. The City Council hereby finds that this resolution complies with the Vision Statement of the City of Georgetown 2030 Comprehensive Plan. SECTION 2. The Tax Year 2015 notification statement that states "This Budget will raise more total property taxes than last year's budget by $1,739,911 or 8.26%, and of that amount $882,823 is tax revenue to be raised from new property added to the tax roll this year" has been made. SECTION 3. The Mayor is hereby authorized to sign this resolution and the City Secretary to attest. This resolution shall be effective immediately upon adoption. ica Brettle ecretary Resolution No. 08 013 15— W Description: Ratify 2015/16 Tax Rate Date Approved: August 25, 2015 THE OF GEORGETOWN. - By: Dale Ross MAYOR