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2024-12-Resolution-Adopting the 2024-25 Proposed Tax Rate-08/05/2024 RESOLUTION#2024-12 A RESOLUTION OF THE CITY OF SANGER TEXAS, TO TAKE A RECORD VOTE ADOPTING THE PROPOSED TAX RATE CONTAINED IN THE CITY'S PROPOSED 2024-25 MUNICIPAL BUDGET AS THE CITY'S PROPOSED 2024 TAX RATE TO BE CONSIDERED FOR ADOPTION AT A PUBLIC HEARING HELD FOR THAT PURPOSE, ESTABLISHING THE DATE, TIME AND PLACE FOR THE PUBLIC HEARINGS ON THE PROPOSED FY 2024-25 BUDGET AND TAX RATE, AND PROVIDING FOR THE PUBLICATION AS PROVIDED BY THE TEXAS PROPERTY TAX CODE WHEREAS,the City of Sanger has proposed a 2024-25 Budget, and WHEREAS,the proposed tax rate of$0 689747/$100 exceeds the no-new-revenue rate of $0 664632/$100 and voter-approval tax rate of $0 681570/$100 and does not exceed the de mimmis rate of$0 699020/$100, and WHEREAS, the proposed 2024-25 Budget contains a proposed tax rate to support the proposed budget, and 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 m all such heanngs, and WHEREAS, the City Council is of the opimon that the proposed tax rate contained m the proposed 2024-25 Budget is the appropriate tax rate to be considered for adoption at a public hearing to be held for that purpose,pursuant to Section 26 05 of the Texas Tax Code, and, WHEREAS,the City Council finds that the passage of this Resolution is in the best interest of the citizens of Sanger NOW THEREFORE,BE IT RESOLVED BY THE CITY COUNCIL OF THE CITY OF SANGER, TEXAS THAT SECTION 1 The facts and recitals set forth in the preamble of this resolution are hereby found to be true and correct SECTION 2 That a Public Hearing on the Proposed Budget for FY 2024-25 and Tax Rate is hereby set to be held on Monday,August 12, 2024 at 6 00 P M in the historic church building located at 403 N 7th Street, Sanger, Texas 76266 SECTION 3 That the City Secretary is directed to post and publish notice of the public hearing on the budget as required by law Resolution—Record Vote Specifying the Tax Rate Page 1 of 2 SECTION 4.That the meeting at which this resolution was passed, was in compliance with the Texas Open Meetings Act, Texas Government Code,Chapter 551. SECTION 5. That this resolution shall become effective from and after its date of passage. SECTION 6.The City Council of the City of Sanger, Texas met in a public meeting on August 5, 2024, and adopted this ordinance with a majority vote as follows: Council Member Marissa Barrett AYE NAY ABSTAIN ABSENT f Council Member Gary Bilyeu AYE NAY ABSTAIN ABSENT Council Member Dennis Dillon AYE ✓ NAY ABSTAIN ABSENT Council Member Allen Chick AYE V NAY ABSTAIN ABSENT Council Member Victor Gann AYE ✓ NAY ABSTAIN ABSENT DULY PASSED, APPROVED AND ADOPTED by the City Council of the City of Sanger, Texas, on this 5th day of August, 2024. APPROVED: acek Thomas E. Muir,Mayor ATTEST: \\,111111/,,/ Kelly dwa , City Secretary _ >ikr• rn1tt11 Resolution—Record Vote Specifying the Tax Rate Page 2 of 2