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HomeMy WebLinkAbout033733 ORD - 09/09/2025Ordinance ratifying the property tax increase reflected in the FY 2025- 2026 Operating Budget that will require raising more revenue from property taxes than in the FY 2024-2025 Operating Budget in the amount of $6,061,319.00. 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 2025-2026; WHEREAS, the FY 2025-2026 budget will require raising more revenue from property taxes than in the budget of the City of Corpus Christi for FY 2024-2025; 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 2025-2026 Operating Budget that will require raising more revenue from property taxes than in the FY 2024-2025 Operating Budget in the amount of $6,061,319.00 is hereby ratified. Introduced and voted on the 9,4 day of P ED and APP Paulette Guajardo, M nkmor , 2025. ED on the . day of 'S-)' n\( , 2025. ATTEST: ebecca Huerta,`City Secretary 033733 SCANNED