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HomeMy WebLinkAboutP.O. NO. 7453 ADOPT A BUDGET THAT WILL REQUIRE RAISING MORE REVENUE FROM PROPERTY TAXES. P. O. No. 7453 9/14/2026 LYN ORDINANCE NO. AN ORDINANCE TO ADOPT A BUDGET THAT WILL REQUIRE RAISING MORE REVENUE FROM PROPERTY TAXES THAN IN THE PREVIOUS YEAR FOR THE ENSUING FISCAL YEAR BEGINNING OCTOBER 1, 2026 AND ENDING SEPTEMBER 30, 2027, IN ACCORDANCE WITH SECTION 102.007 OF THE TEXAS LOCAL GOVERNMET CODE. WHEREAS, the City Council desires to adopt the Budget Fiscal Year 2026-2027; and WHEREAS, pursuant to Section 102.007 (c) of the Texas Local Government Code, the City Council has moved for the adoption of the Budget for Fiscal Year 2026- 2027 as it will raise more revenue from property taxes than last year's budget by an amount of$1 ,374,504 or 4.66%, and of that amount, $308,426 is tax revenue to be raised from new property added to the tax roll this year as delineated in Exhibit "A"; and WHEREAS, pursuant to Section 102.007 (c) of the Texas Local Government Code, the City Council has complied by taking a separate vote to ratify the adoption of said Budget for Fiscal Year 2026-2027 as it will raise total property tax revenue as delineated in Exhibit "A"; and WHEREAS, said vote on the increase in total property tax revenue, as prescribed in Section 102.007 (c) of the Texas Local Government Code, was taken separate from the vote to adopt the budget or a vote to set the tax rate required by Chapter 26 of the Tax Code, or other law. BE IT ORDAINED 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 City Council has taken a separate ratification vote for the adoption of the Budget for Fiscal Year 2026-2027, as it will raise more revenue from property taxes than last year's budget by an amount of $1,374,504, or 4.66%, and of that amount $308,426 is tax revenue to be raised from new property added to the tax roll this year and the result of said Motion as delineated in Exhibit "A". READ, ADOPTED, AND APPROVED, this day of September, 2026, A.D., at a Regular Meeting of the City Council of the City of Port Arthur, Texas by the following vote: AYES: Mayor: Councilmembers: NOES: Charlotte M. Moses, Mayor ATTEST: Christe Ned, City Secretary APPROVED AS TO FORM: Roxann Pais Cotroneo, City Attorney APPROVED FOR ADMINISTRATION: ti Ron Burton, nager APPRO ED FOR AVAILABILITY OF FUNDS: Lynda Boswell, Finance Director Exhibit A It has been moved that the City of Port Arthur, Texas adopt and ratify the Budget for Fiscal Year 2026-2027 as it will raise more revenue from property taxes than last year's budget by an amount of $1,374,504 or 4.66%, and of that amount $308,426 is tax revenue to be raised from new property added to the tax roll this year. That said increase has been ratified by the following roll call vote: AYES: Mayor: Council members: NOES: