Res 1625 09/15/2022 Ratifying Budget o c
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"City of Choice"
RESOLUTION NO. 1625
A RESOLUTION BY THE :CITY COUNCIL OF THE CITY OF CIBOLO, TEXAS,
RATIFYING THAT THE ADOPTION. OF THE 2023 ANNUAL BUDGET WILL
REQUIRE RAISING.MORE REVENUE FROM PROPERTY TAXES THAN IN THE
PREVIOUS YEAR.-
WHEREAS, the legislature of the State of Texas has amended Section 102.007 of the Local
Government Code; and -
WHEREAS, a-separate vote of the City Council is required to ratify that the adoption of the
2023 Annual Budget will require raising more revenue from property taxes than the previous
year; and.
WHEREAS,this resolution represents such action:
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 Tax Year 2022 notification statement "This Budget,Will raise more total property taxes
than last year's budget by $ 2,005,242 or 15.8%, and of that amount $485,995 is tax revenue
to be raised from new property added to the tax roll this year"has been made.
SECTION 3
The Mayor is hereby authorized to sign this resolution and the City Secretary to attest. This
resolution shall be effective immediately upon:adoption.:
Resolved this 15th day of September 2022.
SStos e
or
ATTEST w �/21
Peggy Cinucs, TRMC
City Secretary , ,