HomeMy WebLinkAbout(4) PR 24467: ESTABLISHING THE PROPOSED FISCAL YEAR 2025-2026 TAX RATE, TAKING A RECORD VOTE AND SCHEDULING A PUBLIC HEARING ROLL CALL VOTE REQUIRED
P.R. No. 24467
08/01/2025 E3
RESOLUTION NO.
A RESOLUTION TO CONSIDER ESTABLISHING THE PROPOSED
FISCAL YEAR 2025-2026 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 2025-2026 budget equal to the tax rate of
$0.615724/$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$0.582863/$100 or the voter-approval
tax rate of$0.615724/$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 2026 as was produced in FY 2025 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 2025 tax rate is proposed to be $0.615724/$100 of
valuation.
Section 3. That the date of September 23, 2025 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 September 23, 2025, at which time the City Council
will receive public comment on the proposed tax rate of $0.615724/$100 of valuation.
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 7th day of August, A.D., 2025, at a
Regular Meeting of the City Council of the City of Port Arthur, Texas, by the following
vote:
AYES:
Mayor: ,
Councilmember: ,
NOES:
Charlotte M. Moses, Mayor
ATTEST:
Sherri Bellard, TRMC
City Secretary
APPROVED AS TO FORM:
Roxann Pais Cotroneo
City Attorney
APPROVED FOR ADMINISTRATION:
WIOr
Ronald :Ten, CPM
City anager
,/
Lyn Boswell, M.A., ICMA-CM
Finance Director