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HomeMy WebLinkAboutRes 2015-09-03_FY 15-16 Tax Rate Ratification.pdfCITY OF ANNA, TEXAS RESOLUTION NO. 2015-09-03 (FY 2015-2016 Tax Rate Ratification) A RESOLUTION OF THE CITY OF ANNA, TEXAS ACKNOWLEDGING AND RATIFYING THAT THE ADOPTION OF THE FISCAL YEAR 2015-2016 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, a 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 of The Fiscal Year 2015-2016 annual budget will raise more revenue from property taxes than the previous fiscal year's budget by $561,973 or 16.89%, and of that amount $279,418 is tax revenue to be raised from new property added to the tax roll this year. PASSED D APPROVED by the City Council of the City of Anna, Texas this the day of _ , 2015. ATTESTED: .••- � J i, City Secretary Carr e L. Smith Mayor RESOLUTION NO. 2015-09-03 (FY 2015-2016 Tax Rate Ratification) Crist