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HomeMy WebLinkAboutResolution - 2008-R0355 - Adoption Of FY 2008-09 That Raises Property Tax Revenue From Previous Year - 09/11/2008Resolution No. 2008-RO355 September 11, 2008 Item No. 6.5 RESOLUTION WHEREAS, the City Council of the City of Lubbock has adopted an FY 2008-09 budget that will raise more property tax revenue than was generated in the previous year; and WHEREAS, H.B. 3195, 80`h Legislature requires the City Council to "ratify" the adoption of a budget that will raise more property tax revenue than was generated in the prior year by a separate vote; NOW THEREFORE: BE IT RESOLVED BY THE CITY COUNCIL OF THE CITY OF LUBBOCK: THAT the City Council of the City of Lubbock hereby ratifies the adoption of a FY 2008-09 budget that will raise more property tax revenue than was generated in the previous year. Passed by the City Council this 11th day of September , 2008. TOM MARTIN, MAYOR ATTEST: Rebecca 6arza, City Secretary APPROVED AS TO CONTENT: Andy Burcham Chief Financial Officer APPROVED AS TO FORM: ims, As*atant-eity Attorney Resolution -Ratify Budget 08/27/08