R-2017-4669 - 8/10/2017 RESOLUTION NO. R-2017-4669
WHEREAS, Chapter 26 of the Property Tax Code [Vernon's Texas Codes Annotated, Tax
Code, Sections 26.01 et. seq.] requires taxing units to comply with truth-in-taxation laws in adopting
their tax rates, and
WHEREAS, the Chief Financial Officer has calculated the estimated effective tax rate and the
estimated rollback rate, submitted them to the City Council and will cause them to be published in a
newspaper of general circulation, and
WHEREAS, the proposed tax rate is $0.43000 cents per $100 valuation, equaling $0.28786 for
Maintenance and Operations and $0.14214 for debt service, and
WHEREAS, the City of Round Rock's 2017 proposed tax rate exceeds the effective rate, and
WHEREAS, it is mandatory in such case for the governing body of the City of Round Rock to
vote to place the proposal to adopt the rate on the agenda of a future meeting as an action item on
which a record vote will be taken, and
WHEREAS, it is necessary for the City Council to set a date, time, and place for the holding of
two public hearings on the proposed property tax rate,Now Therefore
BE IT RESOLVED BY THE COUNCIL OF THE CITY OF ROUND ROCK, TEXAS,
That the first public hearing on the 2017 proposed property tax rate be held on the 24th day of
August, 2017, at 7:00 o'clock p.m. at 221 E. Main Street, Round Rock, Williamson County, Texas,
and the second public hearing on the 2017 proposed property tax rate be held on the 31st day of
August, 2017 at 5:00 o'clock p.m. at 221 E. Main Street, Round Rock, Williamson County, Texas.
That the ordinance to adopt the 2017 proposed property tax rate be placed on the agenda of the
August 24, 2017 meeting of the Round Rock City Council as an action item on which a record vote of
the first reading will be taken and recorded.
0112.1704;00382859
That the ordinance to adopt the 2017 proposed property tax rate be placed on the agenda of the
September 14, 2017 meeting of the Round Rock City Council as an action item on which a record vote
of the second reading and final adoption will be taken and recorded.
The City Council hereby finds and declares that written notice of the date, hour, place and
subject of the meeting at which this Resolution was adopted was posted and that such meeting was
open to the public as required by law at all times during which this Resolution and the subject matter
hereof were discussed, considered and formally acted upon, all as required by the Open Meetings Act,
Chapter 551, Texas Government Code, as amended.
RESOLVED this 10th day of August, 2017.
CRAIG 4ORG Mayor
City of Round ck, Texas
ATTEST:
SARA L. WHITE, City Clerk
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