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18-1457ORDINANCE N0. 18-1457 AN ORDINANCE OF THE CITY OF DENTON, TEXAS, RATIFYING THE ADOPTION OF TH$ FISCAL YEAR 2018-2019 ANNUAL PROGRAM OF SERVICES (BUDGET) AND THE CAPITAL IMPROVEMENT PROGRAM OF THE CITY OF DENTON, TEXAS, FOR THE FISCAL YEAR BEGINNING ON OCTOBER 1, 2018, AND ENDIl�TG ON SEPTEMBER 30, 2019 WHEN THE BUDGET WILL RAISE MORE REVENLJE 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 18, 2018 adopted the Fiscal Year 2018-19 Annual Program of Services (Budget) and the Capital Improvement Program for the City of Denton and set a tax rate for 2018 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 sepazate 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 2018-2019 Annual Program of Services (Budget) and the Capital Improvement Program that will raise more revenue from property taxes than last year's Budget. 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 18'� day September 2018 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. The rn+��i+�� tc� ,��a�a���r� t�i� ����i���� �r�a� made by ��l N-� yH �ll and seconded by � ����°��' �� �.� ���`��. �.. � ,� k � �.F. � �� the Ordinance was passed and approved by the following vote L 7-�: Aye Nay Abstain Absent Mayor Chris Watts: � Gerard Hudspeth, District 1: �! Keely G. Briggs, District 2: �' Don Duff, District 3: � John Ryan, District 4: � Deb Armintor, At Large Place 5: u�d Paul Meltzer, At Large Place 6: � _........._... Y f � ��.��°��'.������ ...mm.> ���.�,�: �- PASSED AND APPROVED this the �' '�" . da o .,�.ew�m�. � � ��.��� , �� �� o�.��J�� �"��1� '� "1�%r�I `�, �'C�"�C::�R __.. ATTEST: JENNIFER WALTERS, CITY SECRETARY � � � � .: , , � �� � BY. � ,.�� � � ,.,. � _��"_. � �;����:: , � APPROVED AS TO LEGAL FORM: AARON LEAL, CITY ATTORNEY � BY: �' � Page2