Res 115-2017 8/15/2017
Resolution No. __115-2017__
Resolution expressing the City Council’s intent to place a proposal
on a future Council agenda approving a property tax rate that
exceeds the notice and public hearing limit; 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 19, 2017 to consider adopting a
property tax rate of $.70598 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 5, 2017 at 8:30 a.m. and September 12,
2017 at 8:30 a.m., both to be held in the City Council Chambers.
PASSED AND APPROVED this the 15th day of August, 2017.
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M A Y O R
ATTEST:
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City Clerk