2015-269sAlegal \our documents \ordinances \15 \ratify budget fy15- 16.docx
ORDINANCE 2015 -269
AN ORDINANCE OF THE CITY OF DENTON, TEXAS, RATIFYING THE ADOPTION OF
THE FISCAL YEAR 2015 -2016 ANNUAL PROGRAM OF SERVICES (BUDGET) AND THE
CAPITAL IMPROVEMENT PROGRAM OF THE CITY OF DENTON, TEXAS, FOR THE
FISCAL YEAR BEGINNING ON OCTOBER 1, 2015, AND ENDING ON SEPTEMBER 30,
2016 WHEN THE BUDGET WILL RAISE MORE REVENUE FROM PROPERTY TAXES
THAN LAST YEAR'S BUDGET; AND PROVIDING AN EFFECTIVE DATE.
WHEREAS, the City Council of the City of Denton, Texas, has previously on this day of
September 15, 2015 adopted the Fiscal Year 2015 -16 Annual Program of Services (Budget) and
the Capital Improvement Program for the City of Denton and set a tax rate for 2015 in separate
votes and actions; and
WHEREAS, this Budget will raise more revenue from property taxes than last year's
budget; and
WHEREAS, Section 102.007 of the Texas Local Government Code requires the City
Council to take a separate vote to ratify the property tax increase reflected in the Budget when it
will raise more total property taxes than last year's budget; NOW, THEREFORE,
THE COUNCIL OF THE CITY OF DENTON HEREBY ORDAINS:
SECTION 1. The findings set forth in the preamble of this Ordinance are incorporated
into the body of this Ordinance as if fully set forth herein.
SECTION 2. The City Council hereby ratifies the adoption of the City of Denton Fiscal
Year 2014 -2015 Annual Program of Services (Budget) and the Capital
Improvement Program that will raise more revenue from
property taxes than last year's Budget by an amount of
$4,593,522, which is an 8.54 percent increase from last year's
budget. The property tax revenue to be raised from new property
added to the tax roll this year is $1,426,002 with a total tax rate of
$0.68975 per $100 of taxable value. The City Council hereby ratifies the property tax increase
reflected in the Budget.
SECTION 3. This Ordinance 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 15tn
day September 2015 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 Ordinance and the vote to ratify approval of the adoption of the
Budget that will raise more revenue from property taxes than last year's budget.
sAlegal\our documents\ordinances\15\ratify budget fy I 5-16.docx
PASSED AND APPROVED this the /5 day of
CI lIZ11 &'WATTS, MAYOR
ATTEST:
JENNIFER WALTERS, CITY SECRETARY
BY
aM V
APPROVED AS TO LEGAL FORM:
ANITA BURGESS, CITY ATTORNEY
C3 A'
BY:
Council Member Voted Foi-
Chris Watts, Mayor
Dalton Gregory, Mayor Pro-Tem
Kevin Roden
Keely Briggs
Kathleen Wazny
Joey Hawkins
Greg Johnson
Page2
2015.
Voted Against