HomeMy WebLinkAboutPR 23276: TO ESTABLISHING THE PROPOSED FISCAL YEAR 2023-2024 TAX RATE, TAKING A RECORD VOTE AND SCHEDULING A PUBLIC HEARING TO RECEIVE PUBLIC COMMENT ON THE PROPOSED TAX RATE ROLL CALL VOTE REQUIRED
P.R. No. 23276
08/02/2023 gt
RESOLUTION NO.
A RESOLUTION TO CONSIDER ESTABLISHING THE PROPOSED FISCAL
YEAR 2023-2024 TAX RATE, TAKING A RECORD VOTE AND
SCHEDULING A PUBLIC HEARING TO RECEIVE PUBLIC COMMENT ON
THE PROPOSED TAX RATE
WHEREAS, Chapter 26 of the Property Tax Code requires taxing units to comply with
truth-in-taxation laws in adopting their tax rate and requires the governing body to hold a
public hearing when the proposed tax rate exceeds the lower of the no-new revenue or voter-
approval tax rate; and
WHEREAS, staff recommends City Council establish a proposed tax rate required to
support the City Manager's proposed FY 2023-2024 budget equal to the tax rate of
$0.648641/$100 of valuation; and
WHEREAS, in accordance with Chapter 26 of the Property Tax Code, if the proposed
rate exceeds the no-new revenue rate of $0.547795/$100 or the voter-approval tax rate of
$0.648641/$100, the City Council must take a record vote to place the proposal to adopt the
rate on the agenda at a future meeting; and
WHEREAS, the no-new revenue tax rate is the rate that would produce the same
amount of taxes in FY 2024 as was produced in FY 2023 if it was applied to the same
properties taxed in both years.
NOW THEREFORE, BE IT RESOLVED BY THE CITY COUNCIL OF THE CITY OF
PORT ARTHUR, TEXAS:
Section 1. That the facts and opinions in the preamble are true and correct.
Section 2. That the 2023 tax rate is proposed to be $0.648641/$100 of valuation.
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Section 3. That the date of August 29, 2023 be and the same is hereby set as the
date at which the City Council will conduct public hearings on the proposed tax rate. The
meeting will be held in the City Council Chambers, City Hall, 444 4th Street, Port Arthur, Texas
at 6:00 p.m. on August 29, 2023, at which times the City Council will receive public
comment on the proposed tax rate of $0.648641/$100 of valuation; and
Section 4. That the City Secretary is to publish notice of said public hearing pursuant
to V.T.C.A., Tax Code §26.06.
Section 5. That the meeting at which this resolution was approved was in all things
conducted in strict compliance with the Texas Open Meetings Act, Texas Government Code,
Chapter 551.
Section 6. That a copy of the caption of this Resolution be spread upon the Minutes
of the City Council.
READ, ADOPTED AND APPROVED on this 8th day of August, A.D., 2023, at a
Regular Meeting of the City Council of the City of Port Arthur, Texas, by the following vote:
AYES:
Mayor: ,
Councilmember: ,
NOES:
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Thurman Bill Bartie, Mayor
ATTEST:
Sherri Bellard
City Secretary
APPROVED AS TO FORM:
Val Tizeno
City Attorney
APPROVED FOR ADMINISTRATION:
Ronald Burton
City Manager
Kandy Danie'
Finance Director
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