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Home My WebLink About21-169821.-1.698 RESOLUTION NO. A RESOLUTION OF THE CITY COUNCIL OF THE CITY OF DENTON, TEXAS PLACING A PROPOSAL ON THE SEPTEMBER 21, 2021 CITY COUNCIL PUBLIC MEETING AGENDA TO ADOPT A 2021 TAX RATE THAT WILL EXCEED THE LOWER OF THE NO -NEW -REVENUE TAX RATE OR THE VOTER -APPROVAL TAX RATE; CALLING A PUBLIC HEARING ON A TAX RATE TO BE HELD ON SEPTEMBER 14, 2021, AND CALLING A BUDGET PUBLIC HEARING ON THE FISCAL YEAR 2021-2022 ANNUAL PROGRAM OF SERVICES OF THE CITY OF DENTON TO BE HELD ON SEPTEMBER 14, 2021; REQUIRING PUBLICATION OF NOTICES OF THE PUBLIC HEARINGS AND MEETINGS IN ACCORDANCE WITH THE LAW; REQUIRING THE POSTING OF THE NOTICES OF THE PUBLIC HEARINGS ON THE CITY'S INTERNET WEBSITE; REQUIRING THE POSTING OF THE NOTICES ON THE CITY'S PUBLIC ACCESS CHANNEL; AND PROVIDING AN EFFECTIVE DATE. WHEREAS, the City Council desires to adopt the Fiscal Year 2021-2022 Annual Program of Services (`Budget") for the City of Denton, Texas; and WHEREAS, in order to adopt the Budget, the City Council must hold a public hearing on the Budget and provide notice of same in accordance with Article VIII "Budget" of the City Charter and other applicable law; and WIIEREAS, the City Council desires to consider adopting a tax rate of $0.605454 per $100 valuation, which will exceed the lower of the no -new -revenue tax rate or voter -approval tax rate, in accordance with the requirements of the Texas Local Government Code Chapter 140 and Tax Code Chapter 26, as applicable; NOW, THEREFORE, THE COUNCIL OF THE CITY OF DENTON HEREBY RESOLVES: SECTION 1. The findings set forth in the preamble of this Resolution are incorporated by reference into the body of this Resolution as if fully set forth herein. SECTION 2. The City Council desires to consider adopting a tax rate for the 2021 tax year of $0.605454 per $100 valuation that will exceed the lower of the no -new -revenue tax rate or the voter -approval tax rate. SECTION 3. The City Council hereby approves the placement of an item on the September 21, 2021 City Council public meeting agenda to vote on a proposed tax rate of $0.605454 per $100 valuation that will exceed the lower of the no -new -revenue rate or the voter approval tax rate. The meeting to vote on a proposed tax rate will not be held until notice of the meeting to vote on a proposed tax rate has been published in the Denton Record Chronicle, a newspaper having general circulation within the City, in the form of the attached Notice of Meeting to Vote on Tax Rate, which is made a part of this Resolution for all purposes. The City Manager or his designee is directed to post the attached Notice of Meeting to Vote on Tax Rate on the City's Internet website and shall request that the City's public access television channel carry a 60 -second notice of the meeting to vote on a proposed tax rate at the times and for the periods and in accordance with the requirements of applicable law. SECTION 4. The City Council hereby calls a public hearing on the proposed tax rate to be held at City Hall located at 215 East McKinney Street in Denton, Texas 76201 on September 14, 2021 at 6:30 p.m. The public hearing will not be held until after notice of the public hearing has been published in the Denton Record -Chronicle, a newspaper having general circulation within the City, in the form of the attached Notice of Public Hearing on Tax Increase, which is made a part of this Resolution for all purposes. The City Manager, or her designee, is hereby directed to publish said notice in accordance with this Resolution and in accordance with applicable law. The City Manager or her designee is directed to post the attached Notice of Public Hearing on Tax Increase on the City's Internet website and shall request that the City's public access television channel carry a 60 -second notice of the public meeting at the times and for the periods and in accordance with the requirements of applicable law. At the public hearing, the City Council will afford adequate opportunity for both proponents and opponents of the proposed tax rate to present their views. If, due to COVID-19 precautions and governmental orders, members of the public are not able to attend the hearings in-person, members of the public will be able to participate in the hearing by calling (940) 349-7800 the day of the meeting beginning at 6:00 p.m. or by submitting a virtual white card pursuant to the process outlined at https://www.ciiyo fdenton.com/en-us/government/open/agendas-minutes. SECTION 5. The City Council hereby calls a public hearing on the proposed Budget to be held at City Hall located at 215 East McKinney Street in Denton, Texas 76201 on September 14, 2021 at 6:30 p.m. The public hearing will not be held until notice of the public hearing has been published in the Denton Record -Chronicle, a newspaper having general circulation within the City, in the form of the attached Notice of Public Hearing on Budget, which is made a part of this Resolution for all purposes. This notice shall be published not earlier than the 30a' or later than the 10th day before the date of the public hearing. The City Manager, or her designee, is hereby directed to publish said notice in accordance with this Resolution and in accordance with Article VIII of the City Charter, Chapter 102 of the Texas Local Government Code and all other applicable law. The City Manager, or her designee, is directed to post the attached Notice of Public Hearing on Budget on the City's Internet website and shall request that the City's public access television channel carry a 60 -second notice of the public hearing at the times and for the periods and in accordance with the requirements of applicable law. At the public hearing, the City Council will afford adequate opportunity for both proponents and opponents of the proposed budget to present their views. If, due to COV113-19 precautions and governmental orders, members of the public are not able to attend the hearings in-person, members of the public will be able to participate in the hearing by calling (940) 349-7800 the day of the meeting beginning at 6:00 p.m. or by submitting a virtual white card pursuant to the process outlined at htt s://www.ci ofdenton.com/en-us/ overnment/o en/a endas-minutes SECTION 6. This Resolution shall become effective immediately upon its passage and approval at a regular meeting of the City Council of the City of Denton, Texas on this the 10 day of August, 2021, at which meeting a quorum was present and the meeting was held in accordance with the provisions of Tex. Gov't Code §551.001, et seq. The City Secretary is hereby directed to record this Resolution and the vote on the proposal to place the item for adoption of a 2021 tax rate on the September 21, 2021 City Council agenda. The motion to approve this Resolution was made bye.Sse— 5 and seconded by 1,54f1 e-- The Resolution was passed and approved by the following vote r 'I - Q]: Page 2 Aye Navy Abstain Absent Gerard Hudspeth, Mayor: Vicki Byrd, District 1: Brian Beck, District 2: Jesse Davis, District 3: Allison Maguire, District 4: Deb Armintor, At Large Place 5: Paul Meltzer, At Large Place 6: PASSED AND APPROVED this the Id r�i day of lei U,r S -1C , 2021. GERARD HUDSPETH, MAYOR ATTEST: ROSA RIOS, CITY SECRETARY Page 3 APPROVED AS TO LEGAL FORM: CATHERINE CLIFTON, INTERIM CITY ATTORNEY Digitally signed by Mack Reinwand 0, O� •..,••,•,,..•' �`� �� j �'T p N Date: 2021.08.0615:49:410111011 �` 1100% BY: -05'00' Page 3 NOTICE OF PUBLIC HEARING ON TAX INCREASE A tax rate of $0.605454 per 5100 valuation has been proposed by the governing body of CITY OF DENTON. PROPOSED TAX RATE 50.605454 per 5100 NO -NEW -REVENUE TAX RATE $0.565823 per 5100 VOTER -APPROVAL TAX RATE 50.643404 per 5100 The no -new -revenue tax rate is the tax rate for the 2021 tax year that will raise the same amount of property tax revenue for CITY OF DENTON from the same properties in both the 2020 tax year and the 2021 tax year. The voter -approval rate is the highest tax rate that CITY OF DENTON may adopt without holding an election to seek voter approval of the rate. The proposed tax rate is greater than the no -new -revenue tax rate. This means that CITY OF DENTON is proposing to increase property taxes for the 2021 tax year. A PUBLIC HEARING ON THE PROPOSED TAX RATE WILL BE HELD ON September 14, 2021 AT 6:30pm AT Denton City Hall 215 E. McKinney Street Denton, TX 76201. A PUBLIC MEETING TO VOTE ON THE PROPOSED TAX RATE WILL BE HELD ON September 21,2021 AT 6:30pm at Denton City Hall 215 E McKinney Street Denton, TX 76201. The proposed tax rate is not greater than the voter -approval tax rate. As a result, CITY OF DENTON is not required to hold an election at which voters may accept or reJ ect the proposed tax rate. However, you may express your support for or opposition to the proposed tax rate by contacting the members of the City of Denton of CITY OF DENTON at their offices or by attending the public hearing mentioned above. If, due to COVID-19 precautions and governmental orders, member of the public are not able to attend the hearings and meetings mentions above in-person, members of the public will be able to participate in the meetings by calling (940) 349-7800 the day of the meetings beginning at 6:00p.m. or by submitting a virtual white card pursuant to the process outlined at https://www.cityofdenton.coi len-us/government/o]2en/agendas-minutes. YOUR TAXES OWED UNDER ANY OF THE RATES MENTIONED ABOVE CAN BE CALCULATED AS FOLLOWS: Property tax amount— (tax rate) x (taxable value of your property)/100 (List names ofall member of the governing body- below, showing how each voted on the proposal to consider Me taxincrease or, Zone ormore mere absent, indicatrngabsences) Gerard Hudspeth, Mayor: Vicki Byrd, District 1: Brian Beck, District 2: Jesse Davis, District 3: Alison Maguire, District 4: Deb Armintor, At Large Place 5: Paul Meltzer, At Large Place 6: The 86th Texas Legislature modified the manner in which the voter -approval tax rate is calculated to limit the rate of growth of property taxes in the state. The following table compares the taxes imposed on the average residence homestead by CITY OF DENTON last year to the taxes proposed to be imposed on the average residence homestead by CITY OF DENTON this year. 2021 Change 50.605454 increase of $0.015000, or 2.54% $275,361 increase of 519,397, or 7.58% 51,667.18 increase of $155.83, or 10.31% $76,419,092 increase of $7,357,821, or 10.65% For assistance with tax calculations, please contact the tax assessor for CITY OF DENTON at 940- 349-3500 or tnt@dentoncounty.gov, or visit tax.dentoncounty.gov for more information. 2020 Total tax rate (per 50.590454 $100 of value) Average homestead $255,964 taxable value Tax on average 51,511.35 homestead Total tax levy on $69,061,271 all properties 2021 Change 50.605454 increase of $0.015000, or 2.54% $275,361 increase of 519,397, or 7.58% 51,667.18 increase of $155.83, or 10.31% $76,419,092 increase of $7,357,821, or 10.65% For assistance with tax calculations, please contact the tax assessor for CITY OF DENTON at 940- 349-3500 or tnt@dentoncounty.gov, or visit tax.dentoncounty.gov for more information. NOTICE OF PUBLIC HEARING ON BUDGET The City Council for the City of Denton, Texas, will hold a public hearing on the Fiscal Year 2021- 22 Annual Program of Services ("Budget"), on Tuesday, September 14, 2021 at 6:30 p.m. in the City Council Chambers at City Hall, located at 215 East McKinney Street in Denton, Texas, 76201. The meeting will be held for the purpose of receiving community input on the Budget. A public meeting to vote on the Budget will be held on September 21, 2021 at 6:30pm at Denton City Hall 215 E. McKinney Street Denton, TX 76201. THIS BUDGET WILL RAISE MORE TOTAL PROPERTY TAXES THAN LAST YEAR'S BUDGET BY $596719490 OR 8% AND OF THAT AMOUNT $3,398,518 IS TAX REVENUE TO BE RAISED FROM NEW PROPERTY ADDED TO THE TAX ROLL THIS YEAR. All interested citizens are encouraged to attend and express their views. If, due to COVID-19 precautions and governmental orders, members of the public are not able to attend the hearings in- person, members of the public will be able to participate in the hearing calling (940) 349-7800 the day of the meetings beginning at 6:00 p.m. or by submitting a virtual white card pursuant to the process outlined at hit s://www.ci ofdenton.com/en-us! overnment/o en/a endas-minutes.