HomeMy WebLinkAboutRES 091112-R - Ratify Tax RateRESOLUTION NO. now j 1
A RESOLUTION OF THE CITY COUNCIL OF THE CITY OF GEORGETOWN,
TEXAS, RATIFYING THAT THE ADOPTION OF THE 2012/13 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 2012/13 Annual Budget will require raising more revenue from property taxes than the
previous year; and
WHEREAS, this resolution represents such action;
N OW, THEREFORE BE IT RESOLVED BY THE CITY COUNCIL OF. THE CITY OF
GEORGETOWN TEXAS, THAT:
S ECTION 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.
S ECTION 2. The 2012 notification statement that states "This Budget will raise more
total property taxes than last year's budget by $702 325 or 5.87%, and of that amount $369,888
is tax revenue to be raised from new property added, to the tax roll this year" has been made.
S ECTION 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 11th day of September, 2012.
/jJTEST: TH y `ITY OF GEO" ETOWN:
ica Brett By: rge Garver
Secretary MAYOR
APFOVEp AS T FORM:
ridget Chanan
Acting City Attorney
Resolution No. 0 - f 1 1
Description Ratify 2012/13 Tax Rate
Date Approved: September 11, 2012
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