HomeMy WebLinkAboutORD 2024-55 - Levy the Tax Rate for Tax Year 2024ORDINANCE NO. 2,0Z14 —55
AN ORDINANCE LEVYING A TAX RATE FOR THE CITY OF
GEORGETOWN, TEXAS, FOR THE TAX YEAR 2024; REPEALING
CONFLICTING ORDINANCES AND RESOLUTIONS; INCLUDING A
SEVERABILITY CLAUSE; AND ESTABLISHING AN EFFECTIVE
DATE.
WHEREAS, the City of Georgetown, Texas is an incorporated Home Rule municipality
dependent upon taxes to provide its citizens with services; and
and
WHEREAS, the City of Georgetown, Texas published the required notices; and
WHEREAS, the City of Georgetown, Texas held a public hearing on August 27, 2024;
WHEREAS, all notification and public hearing requirements have been satisfied; and
WHEREAS, the City Council finds it necessary to levy taxes for the 2025 fiscal year for
the City of Georgetown, Texas; 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 positive
14.03 percent and will raise taxes for maintenance and
operations on a $100,000 home by approximately positive
$15.39;
NOW, THEREFORE, BE IT ORDAINED BY THE CITY COUNCIL OF THE
CITY OF GEORGETOWN, TEXAS, THAT:
SECTION 1. The meeting at which this ordinance was approved was conducted in
compliance with the Texas Open Meetings Act, Texas Government Code, Chapter 551.
SECTION 2. 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.
Ordinance No. *ZPZA--,55 Pagel of 3
Description: Levy Tax Rate for Tax Year 2024
Date Approved: _ 04 1 101 707,Li
SECTION 3. 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 2024,
(including, without limitation, certifications, notices, submittals, and public hearings) as required
by law have been complied with.
SECTION 4. The City Council does hereby levy and adopt the tax rate on $100 valuation
for the tax year 2024 as follows:
$0.125108 for the purpose of maintenance and operation
0.239592 for the principal and interest on debt of this city
$0.364700 total tax rate
SECTION 5. All ordinances or resolutions that conflict with the provisions of this
ordinance are hereby repealed, and all other ordinances or resolutions of the City not in conflict
with the provisions of this ordinance shall remain in full force and effect.
SECTION 6. If any provision of this ordinance, or application thereof, to any person or
circumstance, shall be held invalid, such invalidity shall not affect the other provisions, or
application thereof, of this ordinance, which can be given effect without the invalid provision or
application, and to this end the provisions of this ordinance are hereby declared to be severable.
SECTION 7. The Mayor is hereby authorized to sign this ordinance and the City
Secretary to attest. This Ordinance shall become effective and be in full force and effect in
accordance with the provisions of the City Charter of the City of Georgetown.
PASSED AND APPROVED on First Reading on the 271h day of August, 2024.
PASSED AND APPROVED on Second Reading on the loth day of September, 2024.
ATTEST:
�24 M5�0 A A kylA j)-11C
obyn smore
City Secretary
APPROVED AS TO FORM:
Ordinance No. 7o-ZM ,55 Page 2 of 3
Description: Levy Tax Rate for Tax Year 2024
Date Approved: 09 1 %C-i Zoz y
Skye Masson
City Attorney
Ordinance No. Page 3 of 3
Description: Levy Tax Rate for Tax Year 2024
Date Approved: August 27, 2024