HomeMy WebLinkAbout033104 RES - 07/25/2023Resolution to consider a proposed ad valorem tax rate of no more than
$0.620261 per $100 valuation for Fiscal Year (FY) 2024 and taking a
record vote; setting the date for the City's proposed FY 2024 budget
and proposed FY 2024 ad valorem tax rate public hearings and first
reading ordinances on August 29, 2023, with adoption of the FY 2024
budget and FY 2024 ad valorem tax rate on September 5, 2023.
WHEREAS, Texas Local Government Code Section 102.006 requires the
governing body to hold a public hearing on the budget and provides that the governing
body shall set the budget public hearing for a date occurring after the 15th day after the
date the proposed budget is filed with the municipal clerk but before the date the
governing body makes its tax levy;
WHEREAS, Texas Tax Code Section 26.04(c) provides that, after the assessor
for the taxing unit submits the appraisal roll for the taxing unit to the governing body, an
officer or employee designated by the governing body shall calculate the no -new -revenue
tax rate and the voter -approval tax rate for the taxing unit;
WHEREAS, Texas Tax Code Section 26.05(d) provides that the governing body
may not adopt a tax rate that exceeds the lower of the voter -approval tax rate or the no-
new- revenue tax rate until the governing body has held a public hearing on the proposed
tax rate;
WHEREAS, Texas Tax Code Section 26.05(d-1) provides that the governing body
may not hold a public hearing on a proposed tax rate or a public meeting to adopt a tax
rate until the fifth day after the date the chief appraiser of each appraisal district in which
the taxing unit participates delivers the notices required by Section 26.04(e-2) and
complied with Section 26.17(f); and
WHEREAS, Texas Tax Code Section 26.06(a) provides that a public hearing may
not be held before the fifth day after the date the notice of the public hearing is given;
NOW, THEREFORE, BE IT RESOLVED BY THE CITY COUNCIL OF THE CITY OF
CORPUS CHRISTI, TEXAS:
SECTION 1. A proposal to consider an ad valorem tax rate of no more than $0.620261
per $100 valuation for the City's fiscal year (FY) 2023-2024 has been introduced,
considered, and voted upon by a record vote.
SECTION 2. The public hearing for the budget for the City's FY 2023-2024 will be held
on Tuesday August 29, 2023, during the City Council meeting, which meeting begins at
11:30 a.m.
SECTION 3. The first reading of the ordinance to adopt the budget for FY 2023-2024 is
set for Tuesday August 29, 2023, during the City Council meeting, which meeting begins
at 11:30 a.m.
SECTION 4. The public hearing for the FY 2023-2024 proposed ad valorem tax rate will
be held on Tuesday, August 29, 2023, during the City Council meeting, which meeting
begins at 11:30 a.m.
033104
SCANNED
SECTION 5. The first reading of the ordinance to adopt the FY 2022-2023 ad valorem
tax rate is set for Tuesday August 29, 2023, during the City Council meeting, which
meeting begins at 11:30 a.m.
SECTION 6. The second and final reading of the ordinance for the adoption of the FY
2022-2023 budget is set for Tuesday, September 5, 2023, during the City Council
meeting, which meeting begins at 11:30 a.m.
SECTION 7. The second and final reading of the ordinance for the adoption of the FY
2023-2024 ad valorem tax rate is set for Tuesday, September 5, 2023, during the City
Council meeting, which meeting begins at 11:30 a.m.
PASSED AND APPROVED on the day of Lk\6, 2023:
Paulette Guajardo
Roland Barrera A
IL
Sylvia Campos il\lk_
Gil Hernandez A ,_
Michael Hunter AOS -K1\)
Jim Klein
Mike PusleyAY(-
Everett Roy A
Dan Suckley
ATTEST:
ebecca Huerta
TY OF CORPUS CHRISTI
aulette Guajardo
City Secretary Mayor
033104