R-2022-264 - 8/11/2022 RESOLUTION NO. R-2022-264
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
WHEREAS, the Chief Financial Officer has calculated the no new revenue tax rate and the
voter approval 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 $0.342000 cents per $100 valuation; and
WHEREAS, the City of Round Rock's 2022 proposed tax rate exceeds the no new revenue
rate; and
WHEREAS, it is mandatory in 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 2022 proposed property tax rate as presented in Exhibit "A" be
held on the 25th day of August, 2022, at 6:00 o'clock p.m. at 221 E. Main Street, Round Rock,
Williamson County, Texas.
That the ordinance to adopt the 2022 proposed property tax rate be placed on the agenda of the
August 25, 2022 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 2022 proposed property tax rate be placed on the agenda of the
September 8, 2022 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.
0112.20222;4867-9101-3676
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 1 Ith day of August, 2022.
/' A/
CRAIGOR N, Mayor
City of ound ock, Texas
ATTEST:
4EAGJAN S NKS, Ci(y- Clerk
2
Exhibit A
2022 Property Tax Rates - FY 2023
No New Revenue Rate $0.326408
Proposed Tax Rate $0.342000
Voter Approval Rate $0.363244