Page 2 - Azle City Budget 2019

Filed
Tarrant County Clerk's Office
Mary Louise Nicholson, County Clerk
2021-09-25 5:51:19 AM

CITY OF AZLE, TEXAS

FISCAL YEAR 2018-2019 BUDGET

ADOPTED SEPTEMBER 18, 2018

THE FOLLOWING INFORMATION IS REQUIRED BY
STATE OF TEXAS TRUTH-IN-TAXATION LAWS:

This budget will raise more revenue from property taxes than
last year's budget by an amount of $447,254, which is an 8.17

percent increase from last year's budget. The property tax
revenue to be raised from new property added to the tax roll this

year is $217,392.

The members of the governing body voted on the budget as follows:

FOR: Alan Brundrett, Mayor Bill Jones, Mayor Pro Tem
David McClure, Place 2 Christopher Simpson, Place 4
Rouel Rothenberger, Place 5 Brian Conner, Place 6

AGAINST: Corey Wynns, Place 1

PRESENT and not voting: None

ABSENT: None

Property Tax Rate Comparison

2018-2019 2017-2018
Property Tax Rate: $0.667287/100 $0.671500/100
Effective Tax Rate: $0.629430/100 $0.633917/100
Effective Maintenance & Operations Tax Rate: $0.532934/100 $0.528331/100
Rollback Tax Rate: $0.667287/100 $0.672003/100
Debt Rate: $0.091719/100 $0.101406/100

Total debt obligation for the City of Azle secured by property taxes:
$15,725,000