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RES2022-08 Denton Appraisal District 2023 Budget DisaprovalTOWN OF TROPHY CLUB, TEXAS RESOLUTION NO.2022-08 A RESOLUTION OF THE TOWN COUNCIL OF THE TOWN OF TROPHY CLUB, TEXAS DISAPPROVING OF THE DENTON CENTRAL APPRAISAL DISTRICT 2023 BUDGET WHEREAS, Denton County is a taxing entity within the Denton Central Appraisal District and relies on the Denton Central Appraisal District for appraising property within the boundaries of the county for ad valorem tax purposes; and WHEREAS, the Denton Central Appraisal District operations are funded solely by the local taxing entities served by the appraisal district, which includes the Town of Trophy Club; and WHEREAS, on July 28, 2022, the Denton Central Appraisal District Board of Directors voted to approve the 2023 Budget in the amount of $17,997,944.33, an increase of 17.45% from the current 2022 budget; and WHEREAS, pursuant to Chapter 6 of the Texas Property Tax Code, each taxing unit has a right to adopt a resolution disapproving of the Denton Central Appraisal District budget; and WHEREAS, the Section 6.06 (b) of the Texas Property Tax Code further states that "if governing bodies of a majority of the taxing units entitled to vote on the appointment of board members adopt resolutions disapproving a budget and file them with the secretary of the board within 30 days after adoption, the budget does not take effect, and the board shall adopt a new budget within 30 days of the disapproval." NOW, THEREFORE, BE IT RESOLVED, the Town Council of the Town of Trophy Club, Texas disapproves of the 2023 Budget of the Denton Central Appraisal District; and BE IT FURTHER RESOLVED that this action demonstrates a lack of confidence in the Denton Central Appraisal District. PASSED AND APPROVED this 9ei day A ST: fiD� Anita Otterson, Town Secretary 154