Loading...
08 - Public Hearing on Proposed 2023-24 Tax RateItem No. 8 TO: Mayor, Mayor Pro -Tem & City Council Mr. Grayson Path, City Manager FROM: Gene Anderson, Finance Director SUBJECT: PUBLIC HEARING ON PROPOSED 2023-24 TAX RATE DATE: September 11, 2023 BACKGROUND: A public hearing on the proposed City tax rate is required by Chapter 26 of the Texas Tax Code. The proposed tax rate was discussed by the City Council during its August Stn Council meeting and the August 28th Council meeting. STATUS OF ISSUE: The City Council needs to hold a public hearing on the 2023-24 proposed City tax rate on September 11, 2023. A legal notice of the public hearing was published in the Paris News announcing the hearing. A copy of the proposed property tax rate can be found on the City website. BUDGET: N/A RECOMMENDATION: Hold a public hearing on the proposed 2023-24 City tax rate.