Res 083-2019 Proposed Tax Rate 2019-2020 8/20/2019
Resolution No. 83-2019
Resolution expressing the City C
a future Council agenda approving a property tax rate that exceeds the
effective tax rate; scheduling two public hearings, and establishing
the date to vote on same
WHEREAS, state law prescribes specific procedures that local governments must
follow when setting property tax rates for the ensuing year; and,
WHEREAS, the City Council may approve a tax rate that generates greater total
tax revenue from properties on the tax role than was generated in the preceding year.
NOW, THEREFORE, BE IT RESOLVED BY THE CITY COUNCIL OF THE CITY
OF WICHITA FALLS, TEXAS, THAT:
1. The City Council of the City of Wichita Falls hereby expresses its intent to place
an item on the City Council agenda of September 17, 2019 to consider adopting a
property tax rate of $0.763323 per $100 of assessed property value.
2. The City Council furthermore expresses its intent to conduct a public hearing to
discuss the property tax rate on September 3, 2019 at 8:30 a.m. and September 10, 2019
at 8:30 a.m., both to be held in the City Council Chambers.
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PASSED AND APPROVED this the 20day of August, 2019.
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M A Y O R
ATTEST:
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City Clerk