HomeMy WebLinkAbout033125 RES - 08/15/2023Resolution to consider a proposed ad valorem tax rate of no more than
$0.599774 per $100 valuation for Fiscal Year (FY) 2024 and taking a record
vote; setting the date for the City's proposed FY 2024 ad valorem tax rate
public hearing and first reading ordinance on August 29, 2023, with
adoption of the FY 2024 ad valorem tax rate on September 5, 2023.
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 $0.599774 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 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.
SECTION 3. The first reading of the ordinance to adopt the FY 2023-2024 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 4. 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.
SECTION 5. "This resolution amends Resolution 033104, passed July 25, 2023, to the extent
the content of Resolution 033104 is inconsistent with this provisions of this resolution.
033125
SCANNED
PASSED AND APPROVED on the 15 ay of flU LSV , 2023:
l
An
Paulette Guajardo
Roland Barrera
Sylvia Campos
Gil Hernandez
Michael Hunter
Jim Klein
Mike Pusley
Everett Roy
Dan Buckley
ATTEST:
V()
N(6
OF CORPUS CHRISTI
Rebecca Huerta Paulette Guajardo
City Secretary Mayor
033125