Title
Approving an ordinance on first reading with the caption reading: TAX LEVY ORDINANCE OF THE CITY OF PFLUGERVILLE, TEXAS.
Summary
After the proposed budget is approved by the City Council, the proposed tax rate must be approved. For the tenth year in a row, the proposed tax rate has been lowered from the previous year's tax rate; from $0.5940 to $0.5736.
Deadline for City Council Action
The tax rate must be approved by September 30, 2013.
Fiscal Impact
The fiscal impact is outlined in the proposed budget document.
Staff Recommendation
Approve the ordinance adopting the tax rate of $0.5736 per $100 of assessed value for tax year 2013 (fiscal year 2014).
Drafter
Beth C. Davis
Finance Director