HomeMy WebLinkAboutRES 082316-R - Ratify 2017 Tax RateRESOLUTION NO. 0i_a:N104-
A RESOLUTION OF THE CITY COUNCIL OF THE CITY OF GEORGETOWN,
TEXAS, RATIFYING THAT THE ADOPTION OF THE 2017 ANNUAL BUDGET
WILL REQUIRE RAISING MORE REVENUE FROM PROPERTY TAXES THAN
IN THE PREVIOUS YEAR.
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 2017 Annual Budget will require raising more revenue from property taxes than the previous
year; and
WHEREAS, this resolution represents such action;
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
expressly made a part hereof, as if copied verbatim.
SECTION 2. The Tax Year 2016 notification statement "This Budget will raise more
total property taxes than last year's budget by $1,938,302 or 8.60%, and of that amount
$817,580 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.
RESOLVED this 23rd day of August, 2016.
ATTEST:
5 0
Shelley Nowl'
City Secreta
APPROV S YO FORM:
Charles McNabb
City Attorney
THE C TY OF GEORGETOWN:
C
By: Dale Ross
MAYOR
Resolution No. _saa n' Q, Page 1 of 1
Description: Ratify 2017 Tax Rate
Date Approved: August 23, 2016