ORD 1140 09/08/2015 O f c/
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ORDINANCE NO. 114 0
ORDINANCE TO RATIFY INCREASE OF $390,564 IN
PROPERTY TAX REVENUES FROM LAST YEAR'S
OPERATING BUDGET AS REFLECTED IN THE 2015-2016
PROPOSED 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 that a vote under this subsection is in addition to and separate from the vote to
adopt the budget or a vote to set the tax rate;
BE IT ORDAINED BY THE CITY COUNCIL OF THE CITY OF CIBOLO, TEXAS:
SECTION 1. That the City Council ratifies the increase of$390,564 in property tax revenues
from last year's operating budget as reflected in the 2015-2016 Proposed Budget.
PASSED AND APPROVED AND ADOPTED THIS 8TH DAY OF SEPTEMBER,2015.
APPROVED:
Mayor Lisa NlUackson
ATTEST:
Peggy Cimics, City Secretary