HomeMy WebLinkAboutRes 2020-09-795 Acknowledging and Ratifying that the Adoption of the FY20-21 Annual Budget will Require Raising more Revenue from Property Taxes than in the Previous Fiscal YearCITY OF ANNA, TEXAS
RESOLUTION NO. ( Cq0 � Oq -� q '�A5
A RESOLUTION OF THE CITY OF ANNA, ACKNOWLEDGING AND RATIFYING THAT THE
ADOPTION OF THE FISCAL YEAR 2020=2021 ANNUAL BUDGET WILL REQUIRE
RAISING MORE REVENUE FROM PROPERTY TAXES THAN IN THE PREVIOUS FISCAL
YEAR
WHEREAS, The City Council (the "Council") of the City of Anna wishes to comply with Section
102.007 of the Local Government Code; and
WHEREAS, Section 102.007 of the Local Government Code requires a separate vote of the
Council if the budget will require raising more revenue from property taxes than the previous
fiscal year; and,
WHEREAS, this resolution satisfies the aforementioned requirement;
NOW THEREFORE, BE IT RESOLVED BY THE CITY COUNCIL OF THE CITY OF ANNA,
TEXAS THAT:
Section 1. Recitals Incorporated.
The facts and recitals above are incorporated herein as if set forth in full for all purposes.
Section 2. Acknowledgement and Ratification
The Fiscal Year 2020-2021 annual budget will raise more revenue from property taxes than the
previous fiscal year's budget by $854,621 or 11.1 %, and of that amount $611,001 is tax revenue
to be raised from new property added to the tax roll this year.
PASSED AND APPROVED by the City Council of the City of Anna, Texas on this 8th day of
September, 2020.
ATTESTED: APPROVED:
A2aLd
City Secretary Carrie L. Land
Nate Pike