Texas Local Government Code

§ 102.007 — ADOPTION OF BUDGET

LG § 102.007Title 4. FINANCES · Part A. MUNICIPAL FINANCES · Ch. 102. MUNICIPAL BUDGET

Statute text

(a)At the conclusion of the public hearing, the governing body of the municipality shall take action on the proposed budget. A vote to adopt the budget must be a record vote.

(b)The governing body may make any changes in the budget that it considers warranted by the law or by the best interest of the municipal taxpayers.

(c)Adoption of a budget that will require raising more revenue from property taxes than in the previous year requires a separate vote of the governing body to ratify the property tax increase reflected in the budget. A vote under this subsection is in addition to and separate from the vote to adopt the budget or a vote to set the tax rate required by Chapter 26, Tax Code, or other law.

(d)An adopted budget must contain a cover page that includes:

(1)one of the following statements in 18-point or larger type that accurately describes the adopted budget:

(A)"This budget will raise more revenue from property taxes than last year's budget by an amount of (insert total dollar amount of increase), which is a (insert percentage increase) percent increase from last year's budget. The property tax revenue to be raised from new property added to the tax roll this year is (insert amount computed by multiplying the proposed tax rate by the value of new property added to the roll).";

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Legislative history

Acts 2007, 80th Leg., R.S., Ch. 924 (H.B. 3195), Sec. 4, eff. September 1, 2007. Acts 2013, 83rd Leg., R.S., Ch. 1329 (S.B. 656), Sec. 1, eff. September 1, 2013. Acts 2019, 86th Leg., R.S., Ch. 944 (S.B. 2), Sec. 79, eff. January 1, 2020.