HomeMy WebLinkAboutRes 2016-08-226 Ratifying Adoption of FY 2016-2017 BudgetCITY OF ANNA, TEXAS
RESOLUTION NO. ;W (o --0A' -- IA's, L,
A RESOLUTION OF THE CITY OF ANNA, TEXAS ACKNOWLEDGING AND
RATIFYING THAT THE ADOPTION OF THE FISCAL YEAR 2016-2017 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 2016-2017 annual budget will raise more revenue from property taxes
than the previous fiscal year's budget by $671,547 or 17.22%, and of that amount
$229,560 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 13th
day of September, 2016.
ATTESTED: "''APPRO ED:
F q�
City Secretary, Carrie L. Smith Mayo s- Mike Crist