Memo Resolution Revised Public Hearing DatesAgenda No. 9
CITY COUNCIL MEMORANDUM /RESOLUTION
City Council Meeting: August 17, 2010
Department: Finance / Budget
Subject: Revised Public Hearing Dates
BACKGROUND
On August 10, in accordance with Chapter 26.05(d) of the State's Property Tax Code, the
Council approved a preliminary tax rate for consideration not to exceed .4675 per $100 value.
This rate is above the effective tax rate and in order to be in compliance with the Truth -in-
Taxation requirements, at least one week public notice must be given before the first public
hearing. The revised budget calendar below will allow for one -week publication before first
hearing:
• August 17
• August 24
• August 31
• September 7
• October 1
Workshop
1 st Public Hearing
2nd Public Hearing, l" Vote
2nd Vote
New Budget in Effect
Staff is recommending approval.
FISCAL IMPACT
None
RECOMMENDATION
Staff recommends the Council approve the revised budget calendar.
BE IT RESOLVED BY THE CITY COUNCIL OF THE CITY OF SCHERTZ TEXAS:
That the above stated staff recommendations are hereby approved and authorized.
PASSED AND APPROVED at a regular meeting of the City Council of the City of Schertz,
Texas this 17th day of August, 2010, at which meeting a quorum was present, held in accordance
with the provisions of V.T.C.A., Government Code, §551.001 et seq.
APP V D
Hal Baldwin, Mayor
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R
lrenda Dennis, City Secretary