R-91-1645 - 8/22/1991WHEREAS, the 1991 -92 City of Round Rock budget as currently
proposed would require an increase in property taxes, and
WHEREAS, the Council wishes to hold a public hearing on the
proposal to increase taxes, Now Therefore
BE IT RESOLVED BY THE COUNCIL OF THE CITY OF ROUND ROCK, TEXAS,
That the Council will hold a public hearingo the proposal to
'
increase taxes at OO o'clock p.m. on the ,3 -- day of September,
1991 in the Council Chambers at 221 East Main Street, Round Rock,
Texas, and
BE IT FURTHER RESOLVED,
That the City Secretary is directed to publish notice of such
public hearing as required by §26.06 Tax Codes V.A.T.S.
RESOLVED this 22nd day of August, 1991.
ATTEST:
RS08221D
LAND, Secretary
RESOLUTION NO. i&
MIKE ROBINSON, Mayor
City of Round Rock, Texas
DATE: August 22, 1991
SUBJECT: City Council Meeting, August 22, 1991
ITEM: 12.0. Consider a resolution placing a proposal to
adopt a tax increase on the agenda for the
September 12, 1991 Council meeting and to hold
a public hearing thereon.
STAFF
RESOURCE PERSON: David Kautz
STAFF
RECOMMENDATION:
t
The 1991 Certified Tax Roll $856,572,593.
The Effective Tax Rate for 1991 $.59673/$100.
The Notice and Hearing Limit for 1991 $.61463/$100.
The Rollback Tax Rate for 1991 $.62479/$100.
The proposed, operating budget requires a tax rate of $.62479 or,
2.8 cents above the effective tax rate.
In accordance with the state Property Tax Code, when a proposed
tax rate exceeds the notice and hearing limit, the council must
vote to place a proposal to adopt the rate on the agenda of a
future meeting as an action item. This vote is not a vote on the
tax rate but simply an approval to consider the proposed rate at
a council meeting in September. The vote will be recorded and is
required to be published in the newspaper.