Resolution R1820

 

RESOLUTION NO. R-18-20

A RESOLUTION OF THE COMMISSION OF THE CITY OF MARSHALL, TEXAS ANNOUNCING A PROPOSED TAX RATE OF $0.542160 PER $100 VALUATION AND VOTING TO PLACE AN ACTION ITEM TO ADOPT THE TAX RATE ON A FUTURE COMMISSION AGENDA

WHEREAS, the Tax Code of the State of Texas requires the governing body to announce a tax rate and schedule and announce the date and time to adopt a tax rate if the tax rate exceeds the effective tax rate or rollback rate, whichever is lower; and,

WHEREAS, the Commission of the City of Marshall proposes to adopt a tax rate of $0.542160 per $ 100 valuation for the City's 2019 Budget which exceeds the effective tax rate; and,

WHEREAS, since the proposed tax rate will exceed the effective tax rate; now, therefore


BE IT RESOLVED BY THE COMMISSION OF THE CITY OF MARSHALL, TEXAS:

That the City Commission will on Thursday, September 13, 2018 at 6:00 p.m. and Friday, September 14, 2018 at 8:00 a.m. in the City Commission Chambers, Marshall City Hall, 401 South Alamo, adopt the proposed tax rate of $0.542160 per $100 of valuation for the City's 2019 Budget for the fiscal period January l, 2019 through December 31, 2019.

 

PASSED, APPROVED, AND ADOPTED this 23rd day of August, 2018.

YEA:

NAY:

ABSTAIN: _O—


                                                                             City of Marshall, Texas

 

ATTEST:

Elaine Altman, City Secretary

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