City Council

PUBLIC NOTICE In accordance with the Open Meetings Act, Chapter 551 of the Government Code of Texas, notice is hereby given to all interested persons that the City Council of the City of Odessa will meet on Thursday, September 28, 2023 at 3:00 p.m. in the Council Chambers, fifth floor, City Hall, 411 W. 8th St., Odessa, Texas for the following purposes: See Attached Agenda This notice is being posted on the south door of City Hall and on the bulletin board of the first floor of City Hall, Odessa, Texas, this the ______ day of September, 2023 at __________ ___.m., said time being more than seventy-two hours prior to the time at which the subject meeting will be convened and called to order. The public notice is also posted on the City of Odessa’s website www.odessa-tx.gov City Council Meetings are available to all persons regardless of disability. Individuals with disabilities who require special assistance should contact the City Secretary's Office at 432/335-3276, or 411 West 8th Street, First Floor, Odessa, Texas, during normal business hours at least twenty-four hours (24) in advance of the meeting. Norma Aguilar-Grimaldo, TRMC, CMC City Secretary  CITY COUNCIL Javier Joven Mark Matta, District 1 Mayor Steven Thompson, District 2 Gilbert Vasquez, District 3 Greg Connell, District 4 John Beckmeyer Chris Hanie, District 5 City Manager Denise Swanner, At-Large City Council Meeting Agenda City Hall, 411 W. 8th St. City Council Chambers – Fifth Floor September 28, 2023 3:00 p.m. 1. Call to order Mayor Joven 2. Invocation Council member Vasquez 3. Pledge of Allegiance and Texas Pledge. Council member Vasquez Honor the Texas Flag; I pledge allegiance to thee, Texas, one state under God, one and indivisible. Regular 4. Consider levying the tax for the 2023 tax year and fiscal year 2023- Seth Boles 2024. (Ordinance – second and final approval) 5. Adjourn  CITY OF ODESSA CITY COUNCIL AGENDA ITEM Meeting Date Contact Department Fiscal Impact? 9/28/2023 Seth Boles Finance No Work Session? Contacted Legal? Item Type No Yes Regular Ordinance, CAPTION Consider levying the tax for the 2023 tax year and fiscal year 2023-2024 (Ordinance - Second and Final Approval). SUMMARY The City Council will levy the tax for the 2023 tax year by adopting a tax rate of 48.3791 cents per $100 property valuation for municipal maintenance/operations and debt service for fiscal year 2023-2024. The proposed tax rate will remain the same as last year. FY 2024 Proposed Tax Rate: 48.3791 FY 2024 No-New-Revenue Tax Rate: 47.4371 FY 2024 Voter-Approval Tax Rate: 52.2978 FY 2023 Current Tax Rate: 48.3791 The 2023 total taxable value for Odessa is $11,112,735,746. This is an increase of 5.2% as compared to the 2022 total taxable value. Comments/Other Departments, Boards, Commissions or Agencies Supporting Documents 4O-033 Levy Taxes 23-24 9.22.23 9.28.23.pdf,  ORDINANCE NO. 2023- AN ORDINANCE OF THE CITY COUNCIL OF THE CITY OF ODESSA, TEXAS, LEVYING TAXES FOR THE OPERATION OF THE MUNICIPAL GOVERNMENT OF THE CITY OF ODESSA, TEXAS, FOR THE 2023 TAX YEAR AND THE 2023-2024 FISCAL YEAR; ESTABLISHING THE AD VALOREM TAX RATE OF 48.3791 CENTS PER ONE HUNDRED DOLLARS PROPERTY VALUATION; PROVIDING FOR THE APPORTIONMENT OF TAXES FOR INTEREST AND SINKING FUND FOR CERTAIN BOND INDEBTEDNESS AND FOR GENERAL OPERATING NEEDS; FINDING AND DETERMINING THAT THE MEETING AT WHICH THIS ORDINANCE IS PASSED WAS NOTICED AND IS OPEN TO THE PUBLIC AS REQUIRED BY LAW; AND DECLARING AN EFFECTIVE DATE OF OCTOBER 1, 2023 WHEREAS, a budget has been adopted by the City Council of the City of Odessa, Texas, covering the proposed expenditures of the municipal government of the City of Odessa for the fiscal year beginning October 1, 2023 and ending September 30, 2024; and WHEREAS, said budget reflects the needs for revenue to meet the expenses proposed therein; and WHEREAS, the City is required to accumulate interest and a sinking fund for certain outstanding bond indebtednesses; and WHEREAS, it has been moved that property tax revenues be increased by the adoption of a tax rate of 48.3791¢ on each One Hundred Dollars ($100.00) property valuation; NOW, THEREFORE, BE IT ORDAINED BY THE CITY COUNCIL OF THE CITY OF NE: \Ordinances\4O-033 Levy Taxes 23-24 9.22.23, 9.28.23 Page 1 of 4 ODESSA, TEXAS: Section 1. That there is hereby levied, and there shall be collected, for the use and support of the municipal government of the City of Odessa, Texas, and to provide the legally required interest and sinking fund on certain outstanding bond indebtednesses for the 2023 tax year and the 2023-2024 fiscal year upon all property, real, personal or mixed within the corporate limits of Odessa, Texas, which is subject to taxation, an ad valorem tax of 48.3791¢ on each One Hundred Dollars ($100.00) property valuation, said tax levied for and apportioned to the following specified purposes: (1) The rate of 11.2888¢ on each One Hundred Dollars ($100.00) valuation of taxable property to be levied, assessed and ordered collected for the purpose of paying the interest on and creating a sinking fund for the redemption of the City of Odessa, Texas Series 2019 Certificates of Obligation, plus 2012, 2014, 2015, and 2017 Refunding Issues. (2) The rate of 37.09034¢ on each One Hundred Dollars ($100.00) valuation of taxable property to be levied, ordered and collected for the purpose of creating a General Fund for the City operations, as provided by law and ordered collected to meet the requirements. Section 2. That the citizens of Odessa are hereby advised: THIS TAX RATE WILL RAISE MORE TAXES FOR MAINTENANCE AND OPERATIONS THAN LAST YEAR’S TAX RATE. THE TAX RATE WILL EFFECTIVELY BE RAISED BY THIRTY-FOUR AND THIRTY HUNDRETHS PERCENT (34.3%) AND WILL RAISE TAXES FOR MAINTENANCE AND OPERATIONS ON A $100,000 HOME BY APPROXIMATELY ONE HUNDRED TWENTY-THREE DOLLARS AND FIFTY-THREE CENTS ($123.53). THIS BUDGET WILL RAISE MORE TOTAL PROPERTY TAXES THAN LAST YEAR’S BUDGET BY $2,551,589 OR 5.2%, AND OF THAT AMOUNT, $1,905,355 IS TAX REVENUE TO BE RAISED FROM NEW PROPERTY ADDED TO THE ROLL THIS YEAR. Section 3. That there is hereby levied and there shall be collected from every NE: \Ordinances\4O-033 Levy Taxes 23-24 9.22.23, 9.28.23 Page 2 of 4 person, partnership firm, association or corporation pursuing any occupation or business whatsoever which is taxable by the City of Odessa under the general laws of the State of Texas, an annual occupation tax equal in each instance to one-half of the State occupation tax on each such person, partnership, firm, association or corporation, and said taxes shall be paid annually in advance except where otherwise provided by State laws, in which event the same may be paid to the City in the manner as is provided by State law. Section 4. That there is hereby levied and there shall be collected from every person, partnership, corporation, association or firm holding any permit under the Texas Liquor Control Act and which is subject to the imposition of a license fee by municipalities by virtue of said Texas Liquor Control Act, a license fee in the maximum amount that municipalities are authorized to impose pursuant to said Act. Section 5. That all monies collected under this ordinance for the specific items described in Section 1, shall be and the same are hereby appropriated and set apart for the specific purposes indicated in each item and the Assessor and Collector of taxes and the Comptroller shall keep these accounts so as to readily and distinctly show the amount collected and the amounts expended and the amount on hand at any time belonging to such funds. It is hereby made the duty of the Assessor and Collector of taxes and the Controller at the time of depositing any monies, to make a statement showing to what fund such deposit should be made and from what sources it was received. All receipts for the City not specifically apportioned by this ordinance are hereby made payable to the General Fund of the City. Section 6. That at the time of first approval on September 22, 2023, 3:00 p.m., the Council Members voting on the ordinance announced and declared by the approval of this ordinance that the City Council will finally vote on the tax rate on September 28, 2023, 3:00 p.m., 411 W. 8th Street, Odessa, Texas, and such notice shall be published. Section 6 is effective on September 28, 2023. Section 7. That this ordinance shall go into effect on October 1, 2023. NE: \Ordinances\4O-033 Levy Taxes 23-24 9.22.23, 9.28.23 Page 3 of 4  The foregoing ordinance was first approved on the 22nd day of September, A.D., 2023, by the following vote: Mark Matta AYE Steven P. Thompson AYE Gilbert Vasquez AYE Greg Connell AYE Chris Hanie AYE Denise Swanner AYE Javier Joven AYE The foregoing ordinance was adopted on second and final approval on the 28th day of September, A.D., 2023, by the following vote: Mark Matta ___ Steven P. Thompson ___ Gilbert Vasquez ___ Greg Connell ___ Chris Hanie ___ Denise Swanner ___ Javier Joven ___ Approved this the 28th day of September, A.D., 2023. _____________________________ Javier Joven, Mayor ATTEST: Norma Aguilar-Grimaldo, City Secretary APPROVED AS TO FORM: Daniel C. Jones, City Attorney NE: \Ordinances\4O-033 Levy Taxes 23-24 9.22.23, 9.28.23 Page 4 of 4