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HomeMy WebLinkAboutRes 2010-09-01 Ratifying the Adoption of 2010-2011 Annual Budget.pdfCITY OF ANNA, TEXAS RESOLUTION NO. 2010-09-01 A RESOLUTION OF THE CITY OF ANNA, TEXAS ACKNOWLEDGING AND RATIFYING THAT THE ADOPTION OF THE 2010·2011 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 2010-2011 Annual Operating Plan 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 2010-2011 fiscal year budget will require more total property tax revenue than last year's budget by $20,491, which is 0.87% and of that amount $20,491 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 7th day of September, 2010. ArrESTED: Res. 2010-09-01 Ratifying Adoption of the 2010-2011 Budgetdoc Page 1 of 1 09-07-10