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2022-11-Resolution-Establishing Public Hearing for Tax Rate and Budget-08/15/2022RESOLUTION #2022-11 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 2022-23 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; and WHEREAS, the proposed tax rate of $0.589497/$100 exceeds the no -new -revenue rate of $0.542505/$100 and voter -approval tax rate of $0.561763/$100 and does not exceed the de minimis rate of $0.589497/$100; 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 in all such hearings; 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 2022-23 and Tax Rate is hereby set to be held on Tuesday, September 6, 2022 at 7:00 P.M. in the historic church building located at 403 N 7t" 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. 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. Resolution —Record Vote Specifying the Tax Rate Page 1 of 2 SECTION 5. That this resolution shall become effective fiom and after its date of passage. DULY PASSED, APPROVED AND ADOPTED by the City Council of the City of Sanger, Texas, on this 15th day of August, 2022, APPROVED: Thomas E. Muir, Mayor ATTEST: �tg4��tkf/f� Kel y EdN Ards, City Secretary Resolution —Record Vote Specifying the Tax Rate Page 2 of 2