23-R-75 Preliminary Maximum Tax Rate for FY 2023-2024RESOLUTION NO. 23-R-75
A RESOLUTION BY THE CITY COUNCIL OF THE CITY OF
SCHERTZ, TEXAS AUTHORIZING A PRELIMINARY MAXIMUM TAX
RATE FOR FISCAL YEAR 2023-24, AND OTHER MATTERS IN
CONNECTION THEREWITH
WHEREAS, the Guadalupe Tax Assessor Collector calculates the No -new -revenue and
the Voter -approval Tax Rates using the Certified Tax Rolls received from the Appraisal Districts
of Guadalupe, Comal, and Bexar Counties; and
WHEREAS, the Texas Tax Code Chapter 26 outlines the rate calculations and adoption
requirements of a tax rate set by the City Council based on the No -new -revenue and Voter -
approval Rates; and
WHEREAS, the City staff of the City of Schertz (the "City") has recommended that the
City Council accept the No -new -revenue and Voter -approval Tax Rates as submitted by the
Guadalupe Tax Assessor Collector; and
WHEREAS, the City staff of the City of Schertz (the "City") has recommended that the
City Council approve a preliminary maximum tax rate for Fiscal Year 2023-24; and
WHEREAS, the City Council has determined that it is in the best interest of the City to
establish a preliminary maximum tax rate.
NOW THEREFORE, BE IT RESOLVED BY THE CITY COUNCIL OF THE CITY OF
SCHERTZ, TEXAS THAT:
Section 1. The City Council hereby accepts the No -new -revenue Tax Rate of
$0.4554 per $100 of valuation and the Voter -approval Tax Rate of $0.4872 as submitted
by the Guadalupe Tax Assessor Collector.
Section 2. The City Council hereby authorizes a preliminary maximum tax rate of
$.4872 per $100 valuation which is composed of the Maintenance & Operation Tax Rate
of $0.3324 and the Interest & Sinking Tax Rate of $0.1548.
Section 3. The City Council sets public hearings on the tax rate to be held during the
regular Council Meeting dates of August 15th, 2023 and September 51h, 2023.
Section 4. The recitals contained in the preamble hereof are hereby found to be true,
and such recitals are hereby made a part of this Resolution for all purposes and are
adopted as a part of the judgment and findings of the City Council.
Section 5. All resolutions, or parts thereof, which are in conflict or inconsistent with
any provision of this Resolution are hereby repealed to the extent of such conflict, and the
provisions of this Resolution shall be and remain controlling as to the matters resolved
herein.
Section 6. This Resolution shall be construed and enforced in accordance with the
laws of the State of Texas and the United States of America.
Section 7. If any provision of this Resolution or the application thereof to any person
or circumstance shall be held to be invalid, the remainder of this Resolution and the
application of such provision to other persons and circumstances shall nevertheless be
valid, and the City Council hereby declares that this Resolution would have been enacted
without such invalid provision.
Section 8. It is officially found, determined, and declared that the meeting at which
this Resolution is adopted was open to the public and public notice of the time, place, and
subject matter of the public business to be considered at such meeting, including this
Resolution, was given, all as required by Chapter 551, Texas Government Code, as
amended.
Section 9. This Resolution shall be in force and effect from and after its final
passage, and it is so resolved.
PASSED AND ADOPTED, this #O:-'-day of August, 2023.
ATTEST:
Sheila Edmon s n, hty Secretary
CITY OF SCHERTZ.-TEXAS
Mayor
50506221.1
-2-