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Item No. 28 <br />Memorandum <br />TO: Mayor, Mayor Pro -Tem & City Council <br />Mr. Grayson Path, City Manager <br />FROM: Gene Anderson, Finance Director <br />SUBJECT: PUBLIC HEARING ON PROPOSED 2022-23 TAX RATE <br />DATE: August 22, 2022 <br />BACKGROUND: A public hearing on the proposed City tax rate is required by Chapter 26 of the <br />Texas Tax Code. The proposed tax rate was discussed by the City Council during its August Stn <br />meeting and the August 11 th budget workshop. <br />STATUS OF ISSUE: The City Council needs to adopt a resolution calling for a public hearing <br />on the 2022-23 proposed City tax rate on September 12, 2022. A legal notice of the public hearing <br />will be published in the Paris News announcing the hearing. A copy of the proposed property tax <br />rate can be found on the City website. <br />BUDGET: N/A <br />RECOMMENDATION: Motion to approve the resolution calling for a public hearing on the <br />proposed 2022-23 City tax rate. <br />