HomeMy WebLinkAboutRES 091311-N - Adopt Annual BudgetRESOLUTION NO. 09 13 I I "-
A RESOLUTION OF THE CITY COUNCIL OF THE CITY OF GEORGETOWN,
TEXAS, RATIFYING THAT THE ADOPTION OF THE 2011/12 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 2011/12 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 2011 notification statement that states "This Budget will raise more
total property taxes than last year's budget by $819,189 or 7 6% and of that amount $354,362
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 13th day of September, 2011.
AT EST: THE CI OF GEO ETOWN:
ica Brettle ' y: Georg6 arver
• Secretary MAYOR
Ar'ROV DAST
ridget Cha ama
Ala.
Acting City } ttorney
Resolution to ratify 2011/12 tax increase
C:\Program FilestNeevia.ComIDocument Converterltemp1PDFConvert.5314.1.RatifyiaxRate Res.doc
Page 1 of 1
4 1(