2008-210sAour documents\ordinances\08\ratify budget.doc
ORDINANCE 2Qj,')S- 2/0
AN ORDINANCE OF THE CITY OF DENTON, TEXAS, RATIFYING THE ADOPTION OF
THE FISCAL YEAR 2008 - 2009 ANNUAL PROGRAM OF SERVICES (BUDGET) FOR
THE FISCAL YEAR BEGINNING ON OCTOBER 1, 2008, AND ENDING ON SEPTEMBER
30, 2009 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 23, 2008 adopted the Fiscal Year 2008 - 2009 Annual Program of Services (Budget)
for the City of Denton and set a tax rate for 2008 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 2008-2009 Annual Program of Services (Budget) that 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 with a total tax rate of $0.66652
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 23rd
day of September 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. 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.
sAour documents\ordinances\08\radfy budget.doc
PASSED AND APPROVED this the ay of LlfP AO l , 2008.
IM" A.BURROUG S IOR
ATTEST:
JENNIFER WALTERS, CITY SECRETARY
BY:
APPR HEDAA0 LEGAL FORM:
JOHN M. KNIGHT, INTERIM CITY ATTORNEY
BY: ,
Council Member
Mark A. Burroughs, Mayor
Charlye Heggins
Rudy Moreno
Jack Thomson
Chris Watts
Pete Kamp, Mayor Pro Tern
Joe Mulroy,
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