HomeMy WebLinkAboutCity Council Resolutions (R-07-2887)-09/18/2007RESOLUTION R-07-2887
A RESOLUTION RATIFYING THE TAX INCREASE APPROVED IN THE FISCAL
YEAR 2007-2008 GENERAL FUND AND DEBT SERVICE FUND BUDGETS
ADOPTED BY ORDINANCE 0-07-1636 AS REQUIRED BY SECTION 102.007
SUBSECTION (C) OF THE TEXAS LOCAL GOVERNMENT CODE
WHEREAS, Section 102.007 Subsection (c) of the Texas Local Government Code now
requires that the adoption of a budget that will raise more revenue from
property taxes than in the previous year requires a separate vote of the
governing body to ratify the property tax increase reflected in the budget; and
WHEREAS, the Fiscal Year 2007-2008 General Fund and Debt Service Fund budgets
adopted by Ordinance 0-07-1636 will raise more revenue from property
taxes than in the previous year.
NOW, THEREFORE, BE IT RESOLVED BY THE CITY COUNCIL OF THE CITY OF
COLLEYVILLE, TEXAS:
Sec.1. THAT the City Council hereby ratifies the property tax increase approved in
the Fiscal Year 2007-2008 General Fund and Debt Service Fund budgets
adopted by Ordinance 0-07-1636.
AND IT IS SO RESOLVED.
APPROVED BY A VOTE OF ,.,~
ABSTENTIONS ON THIS THE
2007.
AYES, ~ NAYS AND a
DAY OF
ATTES ~` %~
Cynthia Singleton, TRMC, CMC
City Secretary
CITY OF COLLEYVILLE
David Kelly
Mayor