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HomeMy WebLinkAboutRes 2012-09-01 Ratify the Property Tax Revenue Increase for the 2012-2013 BudgetCITY OF ANNA, TEXAS RESOLUTION NO.D !al » D 4. j� A RESOLUTION OF THE CITY OF ANNA, TEXAS ACKNOWLEDGING AND RATIFYING THAT THE ADOPTION OF THE 2012-2013 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 of the City of Anna, Texas is required to ratify that the adoption of the FY 2013 Budget will require raising more revenue from property taxes than the previous 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 of The 2012-2013 fiscal year budget will raise more total property taxes than last year's budget by $97,047 or 3.86%, and of that amount $85,207.92 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 this the 4th day of September, 2012. , ATTESTED: Res. Ratifying Adoption of the 2012-2013 Budget.doc Page 1 of 1 09-04-12 ,20 t%•OQ�OI