Resolution 95-25
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RESOLUTION NO. i~.... dS--
A RESOLUTION OF THE CITY COUNCIL OF THE CITY OF WYLIE, TEXAS, ACCEPTING THE
PROPOSED PROPERTY TAX RATE FOR FISCAL YEAR 1995-1996; ACCEPTING THE
CALCULATION OF AN EFFECTIVE TAX RATE; ESTABLISHING A DATE FOR PUBLIC
HEARING ON THE PROPOSED PROPERTY TAX RATE; AND PROVIDING FOR THE
PUBLICATION AS PROVIDED BY THE TEXAS PROPERTY TAX CODE
WHEREAS, the City of Wylie has received the calculated effective tax rate as presented
by the Central Appraisal District of Collin County; and
WHEREAS, such effective tax rate multiplied by 1.03 is .61545 which by Statute requires
additional public hearing in order to entitle the City Council to consider acceptance and adoption
of an ordinance levying a proposed property tax rate of .655 per $100 (ONE HUNDRED) dollars
valuation; and
WHEREAS, the Texas Property Tax Code Chapter 26, as heretofore amended, provides
for specific procedures in which to consider the proposed tax rate
NOW, THEREFORE, BE IT RESOLVED by the City Council of the City of Wylie, that:
SECTION 1. The City Council of the City of Wylie, Texas, does hereby accept the rate of
.655 per $100 (ONE HUNDRED) dollars valuation as the proposed property tax rate for fiscal year
1995-1996.
SECTION 2. That Council met in public meeting on August 22, 1995 and accepted this
resolution with a majority vote as follows:
Mayor Jim Swartz YEAL NAY ABSTAIN - ABSENT
Councilmember Reta Allen YEA v' NAY_ ABSTAIN ABSENT
Councilmember Joel Scott YEA t/" NAY ABSTAIN - ABSENT_
Councilmember John Mondy YEA v' NAY ABSTAIN - ABSENT
Councilmember J.C. Worley YEA e/ NAY_ ABSTAIN - ABSENT
Councilmember Cleo Adams YEA ,/ NAY ABSTAIN ABSENT
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Councilmember Steve Wright YEA ,,/ NAY ABSTAIN ABSENT
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SECTION 3. That public hearing shall be held on September 12, 1995 at 7:00 p.m. in the
City Council Chambers at the Wylie Municipal Complex, 2000 Hwy 78 North, Wylie, Texas, to
receive public comment regarding the proposed tax rate.
SECTION 4. That 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.
DULY RESOLVED by the City Council of the Ci of Wylie, Texas on this the 22nd day of August,
1995.
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