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HomeMy WebLinkAboutRes 2017-08-342 2017 Tax Rate HearingsCITY OF ANNA, TEXAS RESOLUTION NO. ,�O I 1-0 � " 4—d, A RESOLUTION OF THE CITY OF ANNA, TEXAS NAMING THE MAXIMUM TAX RATE THE COUNCIL MAY ADOPT FOR THE 2017 TAX YEAR AND SETTING THE DATES AND TIMES FOR PUBLIC HEARINGS ON THE TAX RATE WHEREAS, The Constitution for the State of Texas (the "State") sets out the general requirements for truth -in -taxation provisions requiring political subdivisions of the State to inform citizens in their jurisdiction of changes in the property tax rate; WHEREAS, The City of Anna, Texas (the "City") is a political subdivision of the State and is therefore subject to laws of the State; WHEREAS, Section 7.19 of the City Home Rule Charter (the "Charter") states the City has power to levy, assess, and collect taxes of every character and type for any municipal purpose not prohibited by state of federal law; WHEREAS, The City Council (the "Council') wishes to establish a maximum tax rate it may adopt; WHEREAS, The proposed tax rate exceeds the effective rate; WHEREAS, The Council wishes to hold public hearings on the tax rate as stipulated in Texas Tax Code; NOW THEREFORE, BE IT RESOLVED BY THE CITY COUNCIL OF THE CITY OF ANNA, TEXAS THAT: Section 1. Recitals Incorporated. The recitals set forth above are incorporated herein for all purposes as if set forth in full. Section 2. Proposal of a maximum tax rate by the City of Anna The Council hereby proposes that the maximum tax rate adopted by the City shall not exceed $0.601288 per $100 of valuation. Section 3. Dates and Times for Public Hearings The Council hereby sets August 22, 2017 at 7:30 p.m. and September 5, 2017 at 6:30 p.m. as the dates and times for the public hearings on the 2017 tax rate, said hearings to be held in the City Council Chambers of the Municipal Building located at 111 N. Powell Parkway in Anna, Texas. The Council further directs that notice of the time and place of the public hearing be published in the official newspaper of the City as required in Texas Tax Code. RES. & i . l ^ C)l 34;L' PAGE 1 OF 2 PASSED AND APPROVED by the City Council of the City of Anna, Texas on this 8th day of August, 2017. APPROVED: L Carrie L. Smith, City Secretary Mike Crist, Mayor \\`001 a IIIOF • w 7E X ATTEST:, /W RES. X1 9 00 — PAGE 2 OF 2