Page 271 - City of Arlington FY19 Adopted Operating Budget

Appendices

BUDGET PROCESS (CONTINUED)

Tax Rate: State law requires the calculation of “effective” and “rollback” tax rates. The “effective” rate is that rate which
generates the same revenue in the proposed year as in the current year from properties on the tax roll in both years. The
“rollback” rate is a rate that represents an eight percent increase in the operations/maintenance portion of the total tax rate.
These rates were provided to Council.

Adoption: Upon meeting notice and hearing requirements, City Council voted to adopt the budget and the tax rate. In
accordance with City ordinance, a majority of the Council must approve the ordinance adopting the budget; adoption of the tax
rate requires a two-thirds majority. The budget and the tax rate are adopted by ordinance, requiring two readings.

Amending the Budget: Upon adoption of the budget, the OMB may approve the transfer of appropriations within a
department. Transfer of appropriations between departments within the General Fund requires the approval of the City
Manager’s Office. Formal Council approval is required to move appropriations from one fund to another fund, or to increase
authorized appropriations in any fund.

2019 Adopted Budget and Business Plan 256 City of Arlington, Texas