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Ordinance No. 10,702ORDINANCE NO. 10,702 AN ORDINANCE OF THE CITY COUNCIL OF THE CITY OF BAYTOWN, TEXAS, RATIFYING THE PROPERTY TAX INCREASE REFLECTED IN THE BUDGET ADOPTED BY THE CITY COUNCIL FOR THE ENSUING FISCAL YEAR, BEGINNING OCTOBER 1, 2007, AND ENDING SEPTEMBER 30, 2008; AND PROVIDING FOR THE EFFECTIVE DATE THEREOF. WHEREAS, THE City Council of the City of Baytown on this date approved the budget for the City of Baytown for the fiscal year beginning October 1,2007, and ending September 30, 2008; and WHEREAS, the adopted budget will require raising more revenue from property taxes than in the City's previous fiscal year by $1,345,645 or 8.77%; and WHEREAS, Section 102.007(c) of the Texas Local Government Codes requires the City Council in a vote separate from the adoption of a budget, which will requiring raising more revenue from property taxes than in the previous year, to ratify the property tax increase reflected in the budget; NOW THEREFORE, BE IT ORDAINED BY THE CITY COUNCIL OF THE CITY OF BAYTOWN, TEXAS: Section 1: That the City Council of the City of Baytown hereby ratifies the property tax increase reflected in the City's Fiscal Year 2007-08 Budget adopted by the City Council on this date. Section 2 This ordinance shall take effect immediately from anpV^fter its passage by the City Council of the City of Baytown. INTRODUCED, READ and PASSED by the affirmative vote Baytown this the 13th day of September, 2007. City ^Council of the City of 'STEPHEN H. DONCARLOS, Mayor APPROVED £S TO FORM: RAVlREZ,.SR.yCRy Attorney R:\Karen\I-iles\City Council\Ordinances\2007\Scplcmbcr l3\RalifyingPropertyTaxlncreasfi.doc