HomeMy WebLinkAboutResolution - 2015-R0255 - Adopt Property Tax Rate - 08/13/2015No.2015-R0255
No. 7.9
13, 2015
RESOLUTION
WHEREAS, the City Council of the City of Lubbock desires to place a proposal to
adopt a property tax rate that will result in additional revenue as outlined in Section 26.05(d)
of the Tax Code of the State of Texas on the agenda of a future meeting as an action item
and schedule public hearings; NOW THEREFORE:
BE IT RESOLVED BY THE CITY COUNCIL OF THE CITY OF LUBBOCK:
THAT the City Council of the City of Lubbock hereby adopts a proposed property
tax rate of $0.56573 per $100 valuation that will result in additional revenue, and sets the
dates for public hearings on August 27, 2015 at 5:30 p.m. and on September 2, 2015 at
12:00 p.m. in the City Council Chambers located at 1625 131' Street, Lubbock, Texas. A
vote on the tax rate shall be placed upon a future City Council agenda.
Passed by the City Council this 13th day of August 2015.
VOTING FOR PASSAGE:
VOTING AGAINST PASSAGE:
Mayor Pro Tem Jim Gerlt Mayor Glen C. Robertson
Council Member Floyd Price Council Member Karen Gibson
Council Member Latrelle Joy Council Member Jeff Griffith
Council Member Victor Hernandez
Council members present but not voting: None
Council members absent: None
GL RO RTSON, MAYOR
ATTEST:
Rebec a Garza, City Secretary
APPROVED AS CONTENT:
(i4 6.1,t J
Cheryl Brock, Executive Director of Budget
APPROVED AS TO FORM: