HomeMy WebLinkAboutRES 082724-6.I - Ratify 2024 Tax RateRESOLUTION NO. Q$-;�-j O'kq — (o.T
A RESOLUTION OF THE CITY COUNCIL OF THE CITY OF
GEORGETOWN, TEXAS, RATIFYING THE PROPERTY TAX
INCREASE REFLECTED IN THE BUDGET; REPEALING
CONFLICTING RESOLUTIONS; INCLUDING A SEVERABILITY
CLAUSE; AND ESTABLISHING AN EFFECTIVE DATE.
WHEREAS, the 2025 Annual Budget will require raising more revenue from property
taxes than the previous year; and
WHEREAS, Section 102.007 of the Local Government Code states that when the adoption
of a budget will require raising more revenue from property taxes than the previous year, a separate
vote of the City Council to ratify the property tax increase reflected in the budget is required.
NOW, THEREFORE BE IT RESOLVED BY THE CITY COUNCIL OF THE CITY
OF GEORGETOWN, TEXAS, THAT:
SECTION 1. The meeting at which this resolution 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 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 3. The City Council ratifies the property tax increase reflected in the 2025
Annual Budget.
SECTION 4. The Tax Year notification statement: "This Budget will raise more total
property taxes than last year's budget by $4,259,559 or 7.1%, and of that amount, $4,067,889 is
tax revenue to be raised from new property added to the tax roll this year," has been made.
SECTION 5. All resolutions that conflict with the provisions of this resolution are hereby
repealed, and all other resolutions of the City not in conflict with the provisions of this resolution
shall remain in full force and effect.
SECTION 6. If any provision of this resolution, 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 resolution, which can be given effect without the invalid provision or
application, and to this end the provisions of this resolution are hereby declared to be severable.
SECTION 7. The Mayor is hereby authorized to sign this resolution and the City Secretary
to attest. This resolution shall become effective and be in full force and effect immediately in
accordance with the provisions of the City Charter of the City of Georgetown.
Resolution No. (3.8;212 - (, .I Page 1 of 2
Description: Ratify 2024 Tax Rate
Date Approved: August 27, 2024
RESOLVED this 27�h day of August, 2024.
ATTEST:
( ti�.t�SLf
Robyn D nsmore
City Secretary
APPROVED AS TO FORM:
Skye Masson
City Attorney
Resolution No. 0% Z-I Zq — (o • I'
Description: Ratify 2024 Tax Rate
Date Approved: August 27, 2024
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Page 2 of 2
OF GEORGETOWN: