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08-09-21-Resolution-Setting the Tax Rate for Fiscal Year 2021-2022-08/16/2021RESOLUTION #08-09-21 A RESOLUTION OF THE CITY OF SANGER TEXAS,TO TAKE A RECORD VOTE SPECIFYING THE PROPOSED TAX RATE;ESTABLISHING THE DATE,TIME AND PLACE FOR THE PUBLIC HEARINGS ON THE PROPOSED FY 2021-22 BUDGET AND TAX RATE;AND PROVIDING FOR THE PUBLICATION AS PROVIDED BY THE TEXAS PROPERTY TAX CODE. WHEREAS,the City of Sanger has received the calculated effective tax rate information as presented by the Denton County Tax Assessor/Collector’s Office; WHEREAS,the proposed tax rate of $0.633711/$100 exceeds the no-new-revenue rate of $0.627643/$100 and voter-approval tax rate of $0.597770/$100 and does not exceed the de minimis rate of $0.633711/$100; WHEREAS,a public hearing on the proposed budget and tax rate prior to its adoption is required by Section 102.065 of the Texas Local Government Code and Section 9.04 of the City of Sanger Charter;and WHEREAS,any taxpayer of the City of Sanger may attend and participate in all such hearings; NOW THEREFORE,BE IT RESOLVED BY THE CITY COUNCIL OF THE CITY OF SANGER,TEXAS THAT: That the findings set forth are hereby approved and adopted. That a Public Hearing on the Proposed Budget for FY 2021-22 and Tax Rate is hereby set to be held on Tuesday,September 7,2021 at 7:00 P.M.in the historic church building located at 403 N 7th Street,Sanger,Texas 76266. Section 1. Section 2 . That the City Secretary is directed to post and publish notice of the publicSection3. hearing on the budget as required by law. That the meeting at which this resolution was passed,was in compliance with the Texas Open Meetings Act,Texas Government Code,Chapter 551. That this Resolution shall become effective after its passage. Section 4 . Section 5. DULY PASSED,APPROVED AND ADOPTED by the City Council of the City of Sanger, Texas,on this 16 th day of August,2021. APPROVED: <0->/btu /k. Thomas E.Muir,Mayor ATTEST : X Of S4/V iAr*/YjC Kell^Edwards,City Secretary £ C , I JLLcv (O'vV I \VA v * $4/ ,THXP&.^0