Res 1650 9/ 12/2023 Property TaxRESOLUTION NO: 1650
A RESOLUTION BY THE CITY COUNCIL OF THE CITY OF
CIBOLO, TEXAS TO RATIFY THE PROPERTY TAX INCREASE
REFLECTED IN THE FISCAL YEAR 2023-2024 BUDGET.
WHEREAS, Section 102.007 (c) of the Texas Local Government Code provides that adoption
of a budget that will require raising more revenue from property taxes than in the previous year
requires a separate vote of the governing body to ratify the property tax increase reflected in
the budget; and
WHEREAS, that a vote under Section 102.007(c) is in addition to and separate from the vote
to adopt the budget or a vote to set the tax rate;
NOW THEREFORE, BE IT RESOLVED BY THE CITY COUNCIL OF THE CITY OF
CIBOLO, TEXAS:
SECTION 1
The facts and recitations contained in the preamble of this Resolution are hereby found and
declared to be true and correct and are incorporated by reference herein and expressly made a
part hereof, as if copied verbatim.
SECTION 2
The proposed fiscal year 2024 budget will require raising more property tax revenue than the
prior year budget. In compliance with Local Government Code 102.005, the following
statement was made on the cover of the proposed budget: This budget will raise more total
property taxes than last year's budget by $1,401,089 (10.32%), and of that amount $684,393
is tax revenue to be raised from new property added to the tax roll this year.
�3 DEN r c11.,'
The Mayor is hereby authorized to sign this Resolution and the City Secretary to attest. This
Resolution shalt be effective immediately upon adoption.
RESOLVED THIS 12TH DAY OF SEPTEMBER 2023.
ATTEST:
Peggy Cimics, TRMC
City Secretary
APPROVED:
Mark Allen, Mayor