Page 385 - Keller FY20 Approved Budget

RESOLUTION NO. 4162

A RESOLUTION OF THE CITY COUNCIL OF THE CITY OF KELLER, TEXAS,
RATIFYING THE TAX REVENUE FOR THE TAX YEAR 2019 ( FISCAL YEAR 2019-
20) FOR THE CITY OF KELLER, TEXAS.

WHEREAS, Section 102. 007 of the Local Government Code,
Subsection ( c), requires a vote of the governing body
to ratify the property revenue tax increase reflected
in the adopted budget; and

WHEREAS, proper notice of a public hearing on the proposed
budget was provided in accordance with Article VIII,
City Charter of the City of Keller, Texas, and said
public hearing was held on September 17, 2019; and

WHEREAS, a vote on the proposed tax rate is to be held on
September 17, 2019 and notice of the vote was not
required in accordance with Chapter 26 of the Tax
Code.

NOW, THEREFORE, BE IT RESOLVED BY THE CITY COUNCIL OF THE CITY OF
KELLER, TEXAS:

Section 1: THAT, the above findings are hereby found to be true
and correct and are incorporated herein in their
entirety.

Section 3: THAT, the City Council of the City of Keller, hereby
ratifies the 2019 ( Fiscal Year 2019- 20) property tax
revenue as reflected in the adopted budget for Fiscal
Year 2019- 20 for the City of Keller, Texas, as
follows:

General Fund ( Maintenance & $
19, 875, 273
Operations)
Debt Service Fund $ 4, 295, 142

Total $ 24, 170, 415

Section 3: THAT, the City Council of the City of Keller, hereby
ratifies the total property tax revenue increase of
427, 546 as reflected in the adopted budget for Fiscal
Year 2019- 20 for the City of Keller, Texas.

1
383