CITY OF LAKE JACKSON Fiscal Year 2022-2023 Budget Cover Page This budget will raise more revenue from property taxes than last year’s budget by an amount of $274,299, which is a 6.08 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 $109,011. The members of the governing body voted on the budget as follows: FOR: Jon “J.B.” Baker Chase Blanchard Matthew Broaddus Gerald Roznovsky Rhonda Seth Vinay Singhania
AGAINST: PRESENT and not voting: ABSENT:
Property Tax Rate Comparison Property Tax Rate: No-New-Revenue Tax Rate: No-New-Revenue Maintenance &
Operations Tax Rate:
Voter-Approval Tax Rate: Debt Rate:
2021-2022 $0.339000/100 $0.324735/100
2022-2023 $0.323121/100 $0.310459/100
$0.231782/100 $0.339662/100 $0.107218/100
$0.223572/100 $0.326457/100 $0.099549/100
Total debt obligation for CITY OF LAKE JACKSON secured by property taxes: $25,787,514
FY 2022-2023 Proposed Budget - 1