Aug 16, 2022 · Context

Council adopts Ordinance 8003 authorizing $7.345 million in Series 2022B tax notes, 4-1

The council adopted Ordinance No. 8003 authorizing "City of Amarillo, Texas, Tax Notes, Series 2022B," payable from an annual property tax levy, 4-1 with Councilmember Cole Stanley voting no. City financial reports describe the notes as $7,345,000 for enterprise resource planning software ($3,650,000, tax-supported) and construction and improvement of fleet services fuel islands ($3,695,000, supported by the Fleet Services Fund), maturing through 2029. Tax notes are a separate instrument from certificates of obligation.^[1]^[2]^[3]

Ginger Nelson Freda Powell Eddy Sauer Howard Smith Cole Stanley Laura Storrs

What the sources say

✓ Verified
On August 16, 2022 (Item 3E), after a presentation by Assistant City Manager Laura Storrs and Specialized Public Finance, the council adopted Ordinance No. 8003 authorizing "City of Amarillo, Texas, Tax Notes, Series 2022B" and levying a continuing direct annual ad valorem tax to pay them, 4-1: Mayor Ginger Nelson and Councilmembers Freda Powell, Eddy Sauer and Howard Smith voted yes; Councilmember Cole Stanley voted no. The minutes do not state the amount or purpose. ^[1]
✓ Verified
The City's FY2025 financial report says the Series 2022B notes totaled $7,345,000 "for the purpose of acquiring enterprise resource planning software and the construction and improvement of fuel islands for the fleet services department," maturing annually through 2029. The September 30, 2022 debt schedule splits them into Purpose 1, $3,695,000 for fleet services fuel islands, and Purpose 2, $3,650,000 for enterprise resource planning software; the FY2025 schedule lists Purpose 2 as serviced by tax revenues and Purpose 1 as supported by the Fleet Services Fund. ^[2]^[3]
Total
$7,345,000
Fuel islands
$3,695,000
Erp software
$3,650,000
⚠ Sources differ
City documents give different issue dates for the Series 2022B tax notes.
Reported value 1[2][3]
Value
2022-08-15
ACFR Note 13 and the September 30, 2022 debt schedule (one day before the council vote recorded in the minutes).
Reported value 2[2]
Value
2022-09-13
ACFR combined schedule of outstanding debt issuances (issue date column).

Related events

City issues $7,345,000 Tax Notes, Series 2022B; $3,650,000 used to procure ERP software Aug 15, 2022

Sources

1.Amarillo City Council Regular Meeting Minutes, 2022-08-16 — City of Amarillo, Aug 16, 2022 · retrieved Oct 14, 2026primarySubject-authoredScanned minutes (OCR). Item 3E: "ORDINANCE NO. 8003 AN ORDINANCE authorizing the issuance of “CITY OF AMARILLO, TEXAS, TAX NOTES, SERIES 2022B”" ... "voting NO was Councilmember Stanley; absent were none; the motion passed by a 4-1 vote."
2.City of Amarillo Annual Comprehensive Financial Report, fiscal year ended September 30, 2025 — City of Amarillo, Jun 4, 2026 · retrieved Oct 9, 2026primarySubject-authoredNote 13 (long-term obligations) describes each certificate-of-obligation series; Note 29 (subsequent events) records the Series 2026 and 2026A certificates, the Series 2026 PPFCOs and 2026 water-sewer revenue bonds. Issue dates differ in places between Note 13 and the statistical tables.
3.Schedule of Debt, City of Amarillo, September 30, 2022 — City of Amarillo, Mar 1, 2026 · retrieved Oct 9, 2026primarySubject-authoredSchedule as of September 30, 2022; this copy was posted in March 2026 (upload folder). Lists issue dates for each series.