HomeMy WebLinkAboutRes 2018-09-471 Ratifying FY 18-19 BudgetCITY OF ANNA, TEXAS
RESOLUTION NO. o?ol �j L1 `Lf67/
A RESOLUTION OF THE CITY OF ANNA, ACKNOWLEDGING AND RATIFYING THAT THE
ADOOPTION OF THE FISCAL YEAR 2018-2019 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 2018-2019 annual budget will raise more revenue from property taxes than
the previous fiscal year's budget by $1,218,465 or 22.66%, and of that amount $686,940 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 11th day of
September, 2018.
ATTESTED:
Carrie L. Smith, City Secre
APPROVED:
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RES. (� � I PAGE 1 OF 1
Mayor