Page 421 - City of Westlake FY20 Budget

Section12 Appendix
Ordinance to Adopt Property Tax Rate

TOWN OF WESTLAKE

ORDINANCE NO. 893

AN ORDINANCE OF THE TOWN COUNCIL OF THE TOWN OF WESTLAKE, TEXAS
LEVYING TAXES TO BE ASSESSED ON ALL TAXABLE PROPERTIES WITHIN THE TOWN
LIMITS OF THE TOWN OF WESTLAKE FOR THE TAX YEAR 2019 ( FISCAL YEAR 2019-
2020); SETTING OUT EXEMPTIONS AND LIMITATION; NO STATE LAW STATEMENTS
REQUIRED; PROVIDING FOR THE COLLECTION OF DELINQUENT TAXES AND A
COLLECTION PENALTY TO BE ADDED TO DELINQUENT TAXES; PROVIDING FOR A
SEVERABILITY CLAUSE; AND DECLARING AN EFFECTIVE DATE.

WHEREAS, a public hearing on the proposed annual budget for the Town of Westlake, Texas,
for the fiscal year beginning on October 1, 2019 and ending on September 30, 2020, was duly advertised
giving the date, time, place and subject matter of the public hearing, and

WHEREAS, a public hearing was set by the Town Council in a duly posted Town Council
meeting on September 23, 2019, and all citizens were invited to participate and be heard; and

WHEREAS, all requirements of state law were met, including Open Meetings Act, Texas
Government Code chapter 551 requirements and the requirement of Texas Local Government Code
102.002 that the budget officer prepare a municipal budget to cover the proposed expenditures of the
municipal government for the succeeding year; and

WHEREAS, it is deemed to be in the best interest of the citizens of the Town of Westlake, Texas
to levy a tax as set forth below, on all taxable properties within the Town limits of Westlake in order to
provide the necessary funds to provide municipal services to its citizens and to meet all municipal
commitments; and

WHEREAS, The Town of Westlake will raise more total property taxes than last year's budget
by $430,534 or 23.02%, and of that amount, $259,232 is tax revenue to be raised from new property
added to the tax roll this year.

WHEREAS, the Town of Westlake has passed exemptions to certain applicable taxes which
were previously adopted by earlier Resolution and recognized and adopted a tax limitation set out in the
Town Municipal Code and such exemptions and limitation are included and adopted as part of this
Ordinance; and

WHEREAS, the Town Council finds the passage of this Ordinance to be in the best interest for
the citizens of Westlake, for the preservation of public health, safety and welfare of the citizens of the
Town.

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