HomeMy WebLinkAboutORD 2020-65 - Levying Tax RateORDINANCE NUMBER 2020 —(�)S
AN ORDINANCE LEVYING A TAX RATE FOR THE CITY OF
GEORGETOWN, TEXAS, FOR THE TAX YEAR 2020; 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 a public hearing on September
8, 2020; and
WHEREAS, all notification and public hearing requirements have been
satisfied; and
WHEREAS, the City Council finds it necessary to levy taxes for the 2021 fiscal
year for the City of Georgetown, Texas; and
WHEREAS, the tax rate is a decrease from the current rate, a decrease from
the No New Revenue Rate, and a decrease from the Voter Approval Rate; and
WHEREAS, this tax rate will raise more taxes for
maintenance and operations than last year's tax rate; and
WHEREAS, the tax rate will effectively be raised by
negative 11 percent and will raise taxes for maintenance and
operations on a $100,000 home by approximately negative $25;
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 2020, (including, without limitation, certifications, notices, submittals, and
public hearings) as required by law have been complied with.
Ordinance No ���_ 7 Pagel of 2
Description: Levy Tax Rate for Tax Year 2020
Date Approved: September 22, 2020
SECTION 3. The City Council does hereby levy and adopt the tax rate on $100
valuation for the tax year 2020 as follows:
$0.193182 for the purpose of maintenance and operation
0.224818 for the principal and interest on debt of this city
$0.418000 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 8th day of September,
2020.
PASSED AND APPROVED on Second Reading on the 22nd day of
September, 2020.
ATTEST.
Robyn Denore
City Secretary
APPROVED AS TO FORM:
Skye asson
City Attorney
THE CITY OF GEORGETOWN:
( J,- ��,
By: Dale Ross
Mayor _
Ordinance No. 7 c zo ^ �5 Page 2 of 2
Description: Levy Tax Rate for Tax Year 2020
Date Approved: September 22, 2020