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HomeMy WebLinkAboutORD 17-060ORDINANCE NO. 17-060 ENTITLED AN ORDINANCE RATIFYING THE BUDGETED PROPERTY TAX INCREASE REFLECTED IN THE FY 2018 BUDGET. WHEREAS, the proposed FY 2018 budget will raise more total property taxes than last year's budget by $2,626,000 or 5.50%; and, WHEREAS, the adoption of a budget that will raise more revenue from property taxes than in the previous year requires a vote separate from and in addition to the vote to adopt the budget; NOW THEREFORE, BE IT ORDAINED BY THE CITY COUNCIL OF THE CITY OF BEAUMONT: Section 1. THAT the statements and findings set out in the preamble to this ordinance are hereby, in all things, approved and adopted. Rartinn 9 That the property tax increase reflected in the budget which will raise more total property taxes than last year's budget by $2,626,000 be and the same is hereby, by separate vote, ratified. The meeting at which this ordinance was approved was in all things conducted in strict compliance with the Texas Open Meetings Act, Texas Government Code, Chapter 551. PASSED BY THE CITY COUNCIL of the City of Beaumont this the 26th day of September, 2017. s .- I1 , 1_�L ✓