Res 118-97 8/12/1997RESOLUTION NO. ' 1 —C7
RESOLUTION EXPRESSING THE INTENT TO PLACE A PROPOSAL
TO ADOPT A PROPERTY TAX RATE EXCEEDING THE NOTICE AND
PUBLIC HEARING LIMIT ON A FUTURE CITY COUNCIL AGENDA AND
SCHEDULING A PUBLIC HEARING ON THE PROPOSAL
WHEREAS, State law prescribes specific procedures that local government's
must follow when setting property tax rates for the ensuring year, and
WHEREAS, the City Council is considering adopting a tax rate that exceeds the
effective tax rate in excess of three percent.
NOW, THEREFORE, BE IT RESOLVED BY THE CITY COUNCIL OF THE CITY
OF WICHITA FALLS, TEXAS, THAT:
The City of Wichita Falls hereby expresses its intent to place an item on the
September 2, 1997 City Council agenda adopting a property tax rate of 51.2838 cents
per $100 of assessed value, and schedules a public hearing to discuss this
consideration for August 20, 1997.
PASSED AND APPROVED this the day of 1997.
ATTEST:
City Clerk