HomeMy WebLinkAboutRES 082322-AW - Tax Increase 2023 BudgetRESOLUTION NO. 08 Z 3 2Z -14W
A RESOLUTION OF THE CITY COUNCIL OF THE CITY OF GEORGETOWN,
TEXAS, RATIFYING THAT THE ADOPTION OF THE 2023 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 2023 Annual Budget 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.
SECTION 2. The Tax Year 2022 notification statement "This Budget will raise more
total property taxes than last year's budget by $8,401,253 or 20.9%, and of that amount
$3,685,091 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 ands" City
Secretary to attest. This resolution shall be effective immediately upgq adoption.
RESOLVED this 23rd day of August, 2022.
ATTEST:
.Robyn Densm 46avim
City Secretary
APPROVED AS TO FORM:
ye asson
City Attorney
TI Imf 77"EORGETOWN:
B Schroeder
ā¯‘MAYOR
Resolution No. 06L5-2Z",4 V Page 1 of 1
Description: Ratify 2022 Tax Rate
Date Approved: August 23, 2022