Resolution 2003-15
RESOLUTION NO. 2003-15 (R)
A RESOLUTION OF THE CITY COUNCIL OF THE CITY OF WYLIE,
TEXAS, ACCEPTING THE PROPOSED PROPERTY TAX RATE FOR
FISCAL YEAR 2003-2004; ACCEPTING THE CALCULATION OF AN
EFFECTIVE TAX RATE; ESTABLISHING A DATE FOR PUBLIC
HEARING ON THE PROPOSED PROPERTY TAX RATE; AND
PROVIDING FOR THE PUBLICAITON AS PROVIDED BY THE TEXAS
PROPERTY TAX CODE
WHEREAS, the City of Wylie has received the calculated effective tax rate as presented by the
Collin County Tax Assessor/Collector's Office; and
WHEREAS, the proposed tax rate exceeds 103 percent of the effective tax rate and the Statute
requires an additional public hearing in order to entitle the City Council to consider acceptance
and adoption of an ordinance levying a proposed tax rate of$0.705 per $100 valuation; and
WHEREAS, the Texas Property Tax Code Chapter 26, as heretofore amended, provides the
specific procedures in which to consider the proposed tax rate;
NOW, THEREFORE, BE IT RESOLVED by the City Council of the City of Wylie, Texas,
SECTION 1. The City Council of the City of Wylie, Texas, does hereby accept the rate of
$0.705 per $100 valuation as the proposed property tax rate for fiscal year 2003-2004.
SECTION 2. The City Council of the City of Wylie, Texas, met in a public meeting on August
12,2003, and accepted this resolution with a majority vote as follows:
Mayor John Mondy YEA \",./ NAY ABSTAIN ABSENT
Mayor Pro Tem Eric Hogue YEA ~ NAY ABSTAIN ABSENT
Councilmember Reta Allen YEA ~ NAY ABSTAIN ABSENT
Councilmember I.C. Worley YEA l-/ NAY ABSTAIN ABSENT
-
Councilmember Merrill Young YEA v NAY ABSTAIN ABSENT
Councilmember Randal Shinn YEA NAY ABSTAIN ABSENT V
Councilmember Chris Trout YEA V NAY ABSTAIN ABSENT
SECTION 3. A public hearing shall be held on August 26, 2003, at 6:00 p.m. in the City
Council Chambers at the Wylie Municipal Complex, 2000 Highway 78 North, Wylie, Texas, to
receive public comment regarding the proposed tax rate.
SECTION 4. The content and vote taken on this resolution shall be published in the official
newspaper of the City as provided ,by the Texas Property Tax Code.
DUL Y RESOLVED by the City Council of the ity
August 2003. ""\\O\\lFI"':~/,'II'
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