HomeMy WebLinkAboutORD 2017-51 - Levy Tax Year 2017ORDINANCE NUMBER a0l _ S
AN ORDINANCE LEVYING A TAX RATE FOR THE CITY OF
GEORGETOWN FOR THE TAX YEAR 2017; PROVIDING A
SEVERABILITY CLAUSE; AND SETTING AN EFFECTIVE DATE.
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 notices; and
WHEREAS, the City of Georgetown, Texas held the required two public
hearings on August 8, 2017 and August 15, 2017; and
WHEREAS, all notification and public hearing requirements have been
satisfied; and
WHEREAS, the City Council finds it necessary to levy taxes for the 2018 fiscal
year for the City of Georgetown, Texas; and
WHEREAS, the tax rate being considered is above the effective rate; and
WHEREAS, this tax rate will raise more taxes for maintenance
and operations than last year's tax rate;
WHEREAS, the tax rate will effectively be raised by 3.8% and
will raise taxes for maintenance and operations on a $100,000
home by approximately $28;
NOW, THEREFORE, BE IT ORDAINED BY THE CITY COUNCIL OF THE
CITY OF GEORGETOWN, 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.
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
tax year 2017, (including, without limitation, certifications, notices, submittals, and
public hearings) as required by law have been complied with.
Ordinance No. oi-7 - 5 l Page 1 of t
Description: Levy Tax Rate for Tax Year 2017
Date Approved: September 12, 2017
SECTION 3. The City Council does hereby levy and adopt the tax rate on $100
valuation for the tax year 2017 as follows:
$0.19266 for the purpose of maintenance and operation
0.22734 for the principal and interest on debt of this city
0.42000 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.
PASSED AND APPROVED on First Reading on the 22 day of August, 2017.
PASSED AND APPROVED on Second Reading on the 12 day of September,
2017.
ATTEST:
Shelley NoiP2L�t
City Secre
APPROVED AS TO FORM:
Charles McNabb
City Attorney
THE CITY OF GEORGETOWN:
By: Dale Ross
Mayor
Ordinance No. oi^!J Page 2 of 2
Description: Levy Tax Rate for Tax Year 2017
Date Approved: September 12, 2017