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R-2021-209 - 8/12/2021RESOLUTION NO. R=2021=209 WHEREAS, Chapter 26 of the Tax Code [Vernon's Texas Codes Annotated, Tax Code, Sections 26.01 et. seq.] requires taxing units to comply with certain requirements and procedures in adopting their tax rates; and WHERFAS, the Chief Financi al Officer has calculated the estimated no new revenue tax rate and the estimated voter approval rate, submitted them to the City Council and will cause them to be published i*n a newspaper of general circulation; and WHEREAS, the proposed tax rate i*s $0.3 9700 cents per $100 valuation; and WHEREAS, the City of Round Rock's 2021 proposed tax rate exceeds the no new revenue rate; and WHEREAS, 1"t i*s mandatory i*n such case for the City Council to vote to place the Proposal to adopt the property tax 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 a public hearing on the proposed property tax rate, Now Therefore BE IT RESOLVED BY THE COUNCIL OF THE CITY OF ROUND ROCK, TEXAS, That the public hearing on the 2021 proposed property tax rate be held on the 26th day of August, 2021, at 641,000 o'clock p.m. at 221 E. Main Street, Round Rock, Will0 iamson County, Texas. That the ordinance to adopt the 2021 proposed property tax rate be placed on the agenda of the August 26, 2021 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. That the ordinance to adopt the 2021 proposed property tax rate be placed on the agenda of the September 9, 2021 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,. 0112.20212; 00478172 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 5 51, Texas Government Code, as amended. RESOLVED this 12th day of August, 2021. ATTEST: 10 i SARA L. WHITE, City Clerk CRAIG ORG ,Mayor City of Round ck, Texas 2