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HomeMy WebLinkAbout20-1586 08-03-2020 RESOLUTION NO. 20-1586 A RESOLUTION BY THE CITY COUNCIL OF THE CITY OF EULESS, TEXAS, DESIGNATING THE CITY MANAGER OR HIS/HER DESIGNEE AS EMPLOYEE TO CALCULATE THE NO-NEW-REVENUE TAX RATE AND THE VOTER-APPROVAL TAX RATE IN ACCORDANCE WITH THE TEXAS TAX CODE WHEREAS, the State legislature amended the Texas Tax Code in 2019 as part of its Property Tax reform; and WHEREAS, Texas Tax Code Sections 26.04(c) and 26.17(e) now require an officer or an employee designated by the governing body to calculate the no-new- revenue tax rate and the voter-approval tax rate for the taxing unit after the assessor submits the certified appraised roll; and WHEREAS, the City of Euless Charter designates the City Manager as the chief administrative officer of the City. NOW THEREFORE BE IT RESOLVED BY THE CITY COUNCIL OF THE CITY OF EULESS, TEXAS, THAT: SECTION 1. The City Manager is hereby designated as a qualified professional to calculate the no-new-revenue tax rate and the voter-approval tax rate for the City of Euless in accordance with section 26 of the Texas Tax Code. SECTION 2. The City Manager is hereby authorized to designate a qualified employee to act on his/her behalf to calculate the no-new-revenue tax rate and the voter-approval tax rate for the City of Euless in accordance with section 26 of the Texas Tax Code. APPROVED AND ADOPTED at a meeting of the Euless City Council on August 3, 2020, by a vote of 6 ayes, 0 nays, and 0 abstentions. APPROVED: ATTEST: { 'F inda Martin, Mayo Sutter, TRMC, CMC, City Secretary