This budget will raise more total property taxes than last year’s budget by an amount of $44,027,644 which is a 10.27 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 $12,579,588. Of the $44,027,644 in added property tax revenue, $25,217,021 will be used in the City’s General Fund for essential City services such as Police, Fire, Streets, Parks & Recreation and Code Enforcement. The remaining $18,810,623 will be used for debt service payments on debt issued for capital projects. The City’s FY 2016 Adopted Budget includes a reduction in the City’s property tax rate. The members of the San Antonio City Council voted on the Ordinance adopting the City of San Antonio FY 2016 Budget as shown on the “Agenda Voting Results” sheets attached to this Budget Cover Page as Attachment I, which is made a part hereof for all purposes.