HomeMy WebLinkAboutResolution 3647-08-2008A Resolution
NO 3647-08-2008
A RESOLUTION OF THE CITY COUNCIL OF THE CITY OF
FORT WORTH, TEXAS, PROPOSING THE INCREASE OF TAX
REVENUE FROM THE AD VALOREM TAX RATE FOR
FISCAL YEAR 2008 -2009 AND SETTING PUBLIC HEARING
DATES ON THE TAX RATE
WHEREAS, in accordance with Chapter X Section 2 of the City Charter the proposed
ad valorem tax levy ordinance for the Fiscal Year 2008/09 was introduced at
the City Council meeting held on August 12 2008 and
WHEREAS per the provisions of Senate Bill No 18 passed by the Texas State
Legislature and effective immediately upon passage which amends Section
26 OS of the Tax Code the City Council will provide for and conduct two
public hearings on the proposed tax rate and provide notice of these hearings
and,
WHEREAS at such hearings the Fort Worth City Council will afford adequate
opportunity for proponents and opponents of the tax rate to present their
views
NOW, THEREFORE, BE IT RESOLVED BY THE CITY COUNCIL OF THE CITY
OF FORT WORTH, TEXAS
1 That an ad valorem tax rate of $0 8550 per $100 00 of taxable valuation of
properties m the City of Fort Worth is being proposed for Fiscal Year
2008/09
2 That the City Council of the City of Fort Worth will hold two public
hearings on a proposal to increase total revenue from properties on the tax
roll in 2007 by 3 35 percent
RESOLUTION NO 3647 08 2008
3 That the public hearings will be held on September 2 2008 at 7 OOp m
and September 9 2008 at 7 00 pm in the City Council Chambers Fort
Worth Municipal Building 1000 Throckmorton Street, Fort Worth, Texas
76102 and an adequate opportunity will be afforded for proponents and
opponents of the proposed tax rate to present their views
4 That the City Secretary shall publish notice of such hearings as provided m
Section 26 06 as amended by Senate Bill 18 of the Tax Code of the State
of Texas
Adopted this 19th day of August, 2008
APPROVED AS TO FORM AND
LEGALITY
David Yett City torney
APPPOVEq
CITY CQUNCtL
AUG 1 9 2008
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City Secretary of 4he
City ®f Fort Worth, Texas