HomeMy WebLinkAboutResolution 3399-08-2006RESOLUTION NO 3399-08-2006
A RESOLUTION OF THE CITY COUNCIL OF THE CITY OF FORT WORTH,
TEXAS, PROPOSING THE AD VALOREM TAX RATE FOR FISCAL YEAR
2006/07 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 2006/07 was introduced at the
City Council meeting held on August 8 2006 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 8650 per $100 00 of taxable valuation of
properties in the City of Fort Worth is being proposed for Fiscal Year 2006/07
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 2005 by 4 08
percent
3 That the public hearings will be held on August 22 2006 at 10 00 a.m and
August 29 2006 at 10 00 a m 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 in
Section 26 06(a) as amended by Senate Bill 18 of the Tax Code of the State of Texas
RESOLUTION NO 3399-08-2006
Adopted this 10th day of August, 2006
Kathleen Hicks
Mayor Pro Tem
APPROVED AS TO FORM AND
LEGALITY
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David Yett, City orney
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