HomeMy WebLinkAboutRES 082808-B - Budget Increase Property Tax
RESOLUTION NO. O S 2'948 " B
A RESOLUTION OF THE CITY COUNCIL OF THE CITY OF GEORGETOWN,
TEXAS, RATIFYING THAT THE ADOPTION OF THE 2008109 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
2008/09 Annual Operating Plan 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. The City Council hereby finds that this
resolution complies with the Vision Statement of the City of Georgetown 2030 Comprehensive Plan.
SECTION 2. The 2008 notification statement that states "This Budget will raise more total
property taxes than last year's budget by $1,402,340 or 10.8%, and of that amount $982,153 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 28th day of August, 2008.
ATT T: THE Cl OF GE GETOWN:
Sandra Lee By: Georg€VGarver
City Secretary MAYOR
APPROVED AS TO FORM:
Patricia Carls, City Attorney
Res. os2go 8• B
Resolution to ratify tax increase
P.-OGENDA1200818UDGETIAdoptionlRatifyTaxRate.res. doc
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