HomeMy WebLinkAboutRes 10-28 Ratifying the Municipal Ad Valorem Tax Increase TOWN OF WESTLAKE
RESOLUTION NO. 10-25
A RESOLUTION OF THE TOWN OF WESTLAKE RATIFYING THE
MUNICIPAL AD VALOREM (PROPERTY) TAX INCREASE AS REFLECTED
IN THE FY 2010-2011 TOWN OF WESTLAKE BUDGET
WHEREAS, the Town of Westlake has not previously had a rnunicipal property
tax; and
WHEREAS, the Town of Westlake is adopting a property tax for the tax year
2010 (fiscal year 2010//2011 budget); and
WHEREAS, Westlake has adopted an annual budget that requires raising more
revenue from property taxes than in the previous year, when no revenue was raised from
property taxes; and
WHEREAS, any municipal taxes would be more than zero, thus more revenue
will be raised from municipal property taxes this year than last year, thus, pursuant to the
terms of Texas Local Government Code section 102.007(c), a separate vote in addition to
the vote to adopt the budget is required;
NOW THEREFORE, BE IT RESOLVED BY THE TOWN COUNCIL OF THE
TOWN OF WESTLAKE, TEXAS:
SECTION 1: That the Town Council of the Town of Westlake, Texas hereby
ratifies the property tax rate reflected in the tax levy ordinance and referenced in the
budget.
SECTION 2: That any prior Resolutions inconsistent with the Resolution are
hereby repealed.
SSED AND APPROVED ON THIS 30"DAY OF SEPTEMBER 2010,AT A
_ F TING DULY CALLED ON THE 291H DAY OF SEPTEMBER 2010.
~p m
ATT)E r ,
Laura L. Wheat, Mayor
7'EA AS
° a
KeIlyEdwai s, Town Secretary Thomas ymer, own Manager
APPR O ORM:
tanto L r own Attorney
Resolution 10-28
Page 1 of 1