A Resolution of the City Council of the City of Laredo, Texas, establishing a property tax rate budget planning policy; directing that when the voter-approval tax rate exceeds the City's existing tax rate, the voter-approval tax rate shall generally be used as the initial revenue capacity assumption in development of the City Manager's proposed annual budget; requiring presentation of the voter-ap

Staff Report & Agenda Item Details

A Resolution of the City Council of the City of Laredo, Texas, establishing a property tax rate budget planning policy; directing that when the voter-approval tax rate exceeds the City's existing tax rate, the voter-approval tax rate shall generally be used as the initial revenue capacity assumption in development of the City Manager's proposed annual budget; requiring presentation of the voter-approval, existing, and no-new-revenue tax rate scenarios; preserving the City Council's annual authority to adopt any lawful property tax rate; and providing for related matters.

This motion is scored as RESTRAINS_GOVERNMENT (Impact Weight: 8.8/10). Under the Bastiat Liberty Watchdog Index, voting YES on measures that cap or reduce ad valorem tax burdens, expand taxpayer exemptions, retire debt early, enforce competitive bidding caps, or remove regulatory/zoning barriers to private property rights earns a positive Pro-Liberty score.