Page 243 - Benbrook FY2021
P. 243

July 2                First public work session is held for City Staff and City Council to outline issues that are faced during the 2020-21 Budget
                                       Adoption Process.

                 July 25               City receives final assessed valuation totals from Tarrant Appraisal District (TAD).

                 August 6              City Council accepts the 2020 Certified Appraisal Rolls, sets anticipated Property Tax Collection Rate, and appoints the
                                       Finance Director to calculate and publish the No-New-Revenue Tax Rate and the Voter-Approval Tax Rate.

                 August 6              Proposed Budget is presented by City Staff to City Council in a work session open to the public and City Council holds
                                       work session on the 2020-21 Budget.

                 August 12             Notice of the Public Hearing on the Proposed Budget and Proposed Tax Rate are published in the official newspaper.
                                       Summaries of the Proposed Budget and Notice of No-New-Revenue and Voter-Approval Tax Rates are published.

                 August 12             Finance Director publishes the No-New-Revenue and Voter-Approval Tax Rates in the official newspaper.

                 August 12             Notice of the Public Hearing on the Proposed Budget and Proposed Tax Rate are published in the official newspaper.
                                       Summary  of  the  Proposed  Budget  and  Notice  of  No-New-Revenue  and  Voter-Approval  Tax  Rates  are  published.
                                       Information is posted on the City’s website.

                 August 17             Public Hearing is conducted on the Proposed Budget and Tax Rate (Copies of a Budget Summary are made available
                                       to all attendees). Tax Rate is Adopted.

                 August 27             Notice of the Public Hearing on the Proposed Budget is published in the official newspaper. Information is posted on the
                                       City’s website.

                 August 29             Summary of the Proposed Budget is published in the official newspaper. Notice of the Public Hearing on the Proposed
                                       Budget and Proposed Tax Rate are published in the official newspaper. Information is posted on the City’s website.

                 September 3           Public Hearing is conducted on the Proposed Budget (Copies of a Budget Summary are made available to all attendees).

                 September 10          Notices of the Adoption of the 2020-21 Budget Ordinance is published in the official newspaper. Summary of the
                                       Proposed Budget is available on City’s website.

                 September 17          City Council adopts the 2020-21 Budget.

                 December 3            Copies of the Budget Document are presented to City Council.


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