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ORDINANCE NO. 1492


                       AN ORDINANCE OF THE CITY COUNCIL OF THE CITY OF BENBROOK,
                       TEXAS, FIXING AND LEVYING MUNICIPAL AD VALOREM TAXES FOR
                       THE  FISCAL  YEAR  BEGINNING  OCTOBER  1,  2023  AND  ENDING
                       SEPTEMBER  30,  2024,  AND  FOR  EACH  YEAR  THEREAFTER  UNTIL
                       OTHERWISE  PROVIDED,  AT  THE  RATE  OF  $0.5650  PER  ONE
                       HUNDRED DOLLARS ($100.00) ASSESSED VALUE ON ALL TAXABLE
                       PROPERTY  WITHIN  THE  CORPORATE  LIMITS  OF  THE  CITY  OF
                       BENBROOK,  TEXAS,  AS  OF  JANUARY  1,  2023,  TO  PROVIDE
                       REVENUES  FOR  THE  PAYMENT  OF  CURRENT  EXPENSES  AND  TO
                       PROVIDE  AN  INTEREST  IN  DEBT  SERVICE  FUNDS  ON  ALL
                       OUTSTANDING DEBTS OF THE CITY; DIRECTING THE ASSESSMENT
                       THEREOF;  PROVIDING  FOR  DUE  AND  DELINQUENT  DATES
                       TOGETHER WITH PENALTIES AND INTEREST THEREON; PROVIDING
                       FOR PLACE OF PAYMENT; PROVIDING FOR APPROVAL OF THE TAX
                       ROLLS  PRESENTED  TO  THE  CITY  COUNCIL;  PROVIDING  FOR  THE
                       REPEAL  OF  INCONSISTENT  ORDINANCES;  PROVIDING  FOR  A
                       SEVERABILITY CLAUSE AND DECLARING AN EFFECTIVE DATE.

               WHEREAS, the City Council of the City of Benbrook, Texas (hereinafter referred to as the
               "City") hereby finds that the tax for the fiscal year beginning October 1, 2023, and ending
               September 30, 2024, hereinafter levied for current expenses of the City and the general
               improvements  of  the  City  and  its  property  must  be  levied  to  provide  the  revenue
               requirements of the budget for the ensuing year; and

               WHEREAS, the City Council will approve by a separate ordinance to be adopted on the 21
                                                                                                            st
               day of September 2023,  the budget  for  the fiscal  year beginning  October 1, 2023, and
               ending September 30, 2024; and

               WHEREAS,  all  statutory  and  constitutional  requirements  concerning  the  levying  and
               assessing of ad valorem taxes have been complied with.

               NOW,  THEREFORE,  BE  IT  ORDAINED  BY  THE  CITY  COUNCIL  OF  THE  CITY  OF
               BENBROOK, TEXAS, THAT:
                                                        SECTION I

               All of the above premises are found to be true and correct and are incorporated into the
               body of this ordinance as if copied in their entirety.

                                                        SECTION II

               The ad valorem tax appraisal roll and no-new-revenue tax rate information as presented by
               the  assessor  to  the  City  Council  for  the  tax year  2023, be  and  is hereby,  in  all things,
               approved and adopted.
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