HomeMy WebLinkAbout031872 ORD - 09/17/2019 Ordinance ratifying the property tax increase reflected in the FY 2019-
2020 Operating Budget that will require raising more revenue from
property taxes than in the FY 2018-2019 Operating Budget in amount
of $9,321,332, of which $4,198,157 represents property tax revenues
of $0.02 per $100 valuation to be used towards residential street
reconstruction
Whereas, the City Council has, on the same date as and prior to its consideration and
adoption of this Ordinance, adopted by separate Ordinance the budget of the City of
Corpus Christi for the FY 2019 — 2020; and
Whereas, the FY 2019 -2020 budget will require raising more revenue from property
taxes than in the budget of the City of Corpus Christi for FY 2018- 2019; and
Whereas, Section 102.007 (c) of the Texas Local Government Code provides that
adoption of a budget that will require raising more revenue from property taxes than in
the previous year does require a separate vote of the City Council to ratify the property
tax increase reflected in the budget; and that a vote under this subsection is in addition
to and separate from the vote to adopt the budget or a vote to set the tax rate; and
Whereas, in order to comply with that provision, it is necessary for the City Council to
adopt this Ordinance;
NOW, THEREFORE, BE IT ORDAINED BY THE CITY COUNCIL OF THE CITY OF
CORPUS CHRISTI, TEXAS:
SECTION 1. In accordance with the requirements of Section 102.007 (c), Texas Local
Government Code, the property tax increase reflected in the FY 2019-2020 Operating
Budget that will require raising more revenue from property taxes than in the FY 2018-
2019 Operating Budget in the amount of $9,321,332, of which $4,198,157 represents
property tax revenues of $0.02 per $100 valuation to be used toward residential street
reconstruction, is hereby ratified.
031872
That the foregoing ordinance was read for the first time and passed to its second reading on
this thed'ay of St tyt{vvafit.- , 2019, by the following vote:
Joe McComb ay) Michael Hunter Nn
Roland Barrera CA At Ben Molina %Z..)
Rudy Garza C.Ar Everett Roy CLLe
Paulette M. Guajardo C Greg Smith LAI/
Gil Hernandez lei
That the fore9oing ordinance was read for the second time and passed finally on this the day
of 5evr• 2019, by the following vote:
Joe McComb 4-re- Michael Hunter /(/o
Roland Barrera Ar12 Ben Molina 4ti -
Rudy Garza Ay-C._
Everett Roy 'T 7 . .
Paulette M. Guajardo ;4/S 6,4- Greg Smith_
Gil Hernandez
PASSED AND APPROVED on this the /7L day of ,)frA-Gv. be.,--- ,
2019.
ATTEST:
Rel4tda- _
City Secretary .yor
Rebecca Huerta •- McComb
031972