HomeMy WebLinkAboutResolution 3785-09-2009A Resolution
NO 3785-09-2009
OF THE CITY COUNCIL OF THE CITY OF FORT WORTH TEXAS RATIFYING
THE PROPERTY TAX REVENUE INCREASE REFLECTED IN THE FISCAL
YEAR 2009 2010 BUDGET IN ACCORDANCE WITH SECTION 102 007(C) OF
THE TEXAS LOCAL GOVERNMENT CODE
WHEREAS pursuant to Section 102 007(c) of the Texas Local Government Code
effective September 1 2007 the adoption of a budget that will require raising more
revenue from property taxes than in the previous year requires a separate vote of the
governing body to ratify the increased revenues reflected in the budget and
WHEREAS the Fiscal Year 2009 2010 budget will raise more revenue from
property taxes than the previous year because despite no change in the actual property
tax rate from $0 855 per $100 value in the Fiscal Year 2008 2009 to $0 855 per $100
value in Fiscal Year 2009 2010 the revenue from the assessment of property taxes will
create more revenue than last year due to new improvements placed on the tax rolls
NOW THEREFORE BE IT RESOLVED BY THE CITY COUNCIL OF THE
CITY OF FORT WORTH TEXAS THAT
The City Council of the City of Fort Worth hereby ratifies the property tax
revenue increase reflected in the Fiscal Year 2009 2010 budget
Adopted this 15th ~o,f~September 2009
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By
ORT W®RT
APPl~OVE~
CITY COUNCIL
S E P ~ ~ 2009
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City Secretary of the
City of Fort Worth, Texas
Marty Hendrix';`'City Secretary