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HomeMy WebLinkAboutRes 2023-09-1536 Adopting FY2023-2024 Annual BudgetCITY OF ANNA, TEXAS RESOLUTION NO. �G23-- 09— 153�o A RESOLUTION OF THE CITY OF ANNA, ACKNOWLEDGING AND RATIFYING THAT THE ADOPTION OF THE FISCAL YEAR 2023-2024 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 2023-2024 annual budget will raise more revenue from property taxes than the previous fiscal year's budget by $3,057,846 or 23.6%, and of that amount $1,934,510 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 12th day of September, 2023. ATTESTED:' " 'F--"APPROVED: City Secretary Carrie L. Lan1� \ or Nate Pike \� 1913 /