HomeMy WebLinkAboutR2008-031S:\Our DocumentsUtesolutions\08\Budget Tax Rate Public Hearing.doc
RESOLUTION NO. ~OO~ D~~
A RESOLUTION OF THE CITY COUNCIL OF THE CITY OF DENTON, TEXAS PLACING
A PROPOSAL ON THE SEPTEMBER 23, 2008 CITY COUNCIL PUBLIC MEETING
AGENDA TO ADOPT A 2008 TAX RATE THAT WILL EXCEED THE LOWER OF THE
ROLLBACK RATE OR THE EFFECTIVE TAX RATE; CALLING TWO PUBLIC
HEARINGS ON A TAX INCREASE TO BE HELD ON SEPTEMBER 9, 2008 AND
SEPTEMBER 16, 2008 AND CALLING A THIRD PUBLIC HEARING ON THE FISCAL
YEAR 2008-2009 ANNUAL PROGRAM OF SERVICES OF THE CITY OF DENTON TO BE
HELD ON SEPTEMBER 9, 2008; REQUIRING PUBLICATION OF A NOTICE OF THE
PUBLIC HEARINGS IN ACCORDANCE WITH THE LAW; REQUIRING THE POSTING
OF THE NOTICE OF THE PUBLIC HEARINGS ON A TAX INCREASE ON THE CITY'S
INTERNET WEBSITE; REQUIILIl~TG THE POSTING OF THE NOTICE ON THE CITY'S
PUBLIC ACCESS CHANNEL; AND PROVIDING AN EFFECTNE DATE.
WHEREAS, the City Council desires to adopt the Fiscal Year 2008-2009 Annual
Program of Services (Budget) for the City of Denton, Texas; and
WHEREAS, in order to adopt the Budget, the City Council must first 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
WHEREAS, the City Council desires to consider adopting a tax rate of $0.6662 per
100 valuation, which will exceed the lower of the rollback rate or effective tax rate, in
accordance with the requirements of the Texas Tax Code Chapter 26 (Tax Code) and to schedule
two public hearings on the proposed tax increase; 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 2008 tax
year of $0.66652 per $100 per valuation that will exceed the lower of the rollback rate or the ,
effective tax rate. ~
SECTION 3. The City Council hereby approves the placement of an item on the
September 23, 2008 City Council public meeting agenda to vote on a proposed tax rate of
0.66652 per $100 valuation that will exceed the lower of the rollback rate or the effective tax
rate.
SECTION 4. The City Council hereby calls two public hearings on the proposed tax
increase to be held in the City Council Chambers at City Hall located at 215 East McKinney
Street in Denton, Texas 76201 on September 9, 2008 and September 16, 2008 at 6:30 p.m. The
public hearings will not be held until at least seven days after notice of the public hearings have
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
S:\Our Documents\Resolutions\08\Budget Tax Rate Public Hearing.doc
part of this Resolution for all purposes. The City Manager, or his designee, is hereby directed to
publish said notice in accordance with this Resolution and in accordance with Tax Code §26.06.
The City Manager or his 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 hearing at the times and for the periods
and in accordance with the requirements of Chapter 26 of the Tax Code and other applicable law.
At the public hearings, the City Council will afford adequate opportunity for both proponents
and opponents of the tax increase to present their views.
SECTION 5. The City Council hereby calls a public hearing on the proposed Budget to
be held in the City Council Chambers at City Hall located at 215 East McKinney Street in
Denton, Texas 76201 on September 9, 2008 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 the Budget, which is made a part of this Resolution for all purposes. This
notice shall be published not earlier than the 30`h or later than the 10th day before the date of the
public hearing. The City Manager, or his designee, is hereby directed to publish said notice and
to provide such other public notice as may be required 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.
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 19th
day of August, 2008, 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 sey. The City Secretary is
hereby directed to record this Resolution and the vote on the proposal to place the item for a tax
increase on the September 23, 2008 City Council agenda.
PASSED AND APPROVED this the /9~~ day of ~,/,/f~,/,(,d ~ , 2008. .
MARK A. BUR~9'[JG~IS! N~AYOR
ATTEST:
JENNIFER WALTERS,\CITY SECRETARY
B
APPR VED AS TO LEGAL FORM:
JOHN M. KNIGHT, INTERIM CITY ATTORNEY
BY:
Page 2
r ~
S:\Our Documents\Resolutions\08\Budget Tax Rate Public Hearing.doc
Council Member
Mark A. Burroughs, Mayor
Charlye Heggins
Rudy Moreno
Jack Thomson
Chris Watts
Pete Kamp, Mayor Pro Tem
Joe Mulroy,
Page 3
Voted For Voted A a~ inst
Publish in August 31, 2008 Denton Record-Chronicle
Notice of Public Hearing on Tax Increase
The City of Denton, Texas, will hold two public hearings on a proposal to increase total tax revenues from
properties on the tax roll in the preceding tax year by 0.23 percent (percentage by which proposed tax rate
exceeds lower of rollback rate or effective tax rate calculated under Chapter 26, Tax Code). Your individual taxes
may increase at a greater or lesser rate, or even decrease, depending on the change in the taxable value of your
property in relation to the change in taxable value of all other property and the tax rate that is adopted.
The first public hearing will be held on September 9, 2008 at 6:30 p.m. in the City Council Chambers at City Hall,
215 E. McKinney Street, Denton, Texas 76201.
The second public hearing will be on September 16, 2008 at 6:30 p.m. in the City Council Chambers at City Hall,
215 E. McKinney Street, Denton, Texas 76201.
The members of the governing body voted on the proposal to consider the tax increase as follows:
FOR:
AGAINST:
PRESENT and not voting:
ABSENT:
The average taxable value of a residence homestead in Denton, Texas last year was $136,546 (average taxable
value of a residence homestead in the taxing unit for the preceding tax year, disregarding residence homestead
exemptions available only to disabled persons or persons 65 years of age or older). Based on last year's tax rate of
0.66652 (preceding year's adopted tax rate) per $100 of taxable value, the amount of taxes imposed last year on
the average home was $910.11 (tax on average taxable value of a residence homestead in the taxing unit for the
preceding tax year, disregarding residence homestead exemptions available only to disabled persons or persons 65
years of age or older).
The average taxable value of a residence homestead in Denton, Texas this year is $156,339 (average taxable value
of a residence homestead in the taxing unit for the current tax year, disregarding residence homestead exemptions
available only to disabled persons or persons 65 years of age or older). If the governing body adopts the effective
tax rate this year of $0.66502 per $100 of taxable value, the amount of taxes imposed this year on the average
home would be $1,039.69 (tax on average taxable value of a residence homestead in the taxing unit for the current
tax year, disregarding residence homestead exemptions available only to disabled persons or persons 65 years of
age or older).
If the governing body adopts the proposed tax rate of $0.66652 per $100 of taxable value, the amount of taxes
imposed this year on the average home would be $1,042.03 (tax on average taxable value of a residence
homestead in the taxing unit for the current tax year, disregarding residence homestead exemptions available only
to disabled persons or persons 65 years of age or older).
Members of the public are encouraged to attend the hearings and express their views.
Publish in Denton Record-Chronic/e on Aug. 24, 2008
NOTICE OF PUBLIC HEARING ON BUDGET
The City Council for the City of Denton, Texas, will hold a public hearing on the Fiscal
Year 2008 - 2009 Annual Program of Services (Budget), on Tuesday, September 9, 2008
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.
THIS BUDGET WILL RAISE MORE TOTAL
PROPERTY TAXES THAN LAST YEAR'S BUDGET
BY $1,345,433 OR 3.3%, AND OF THAT AMOUNT
1,204,508 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.
s:\our documents\miscellaneous\08\notice of public hearing on budget.doc