HomeMy WebLinkAboutOrd 876-2020 Setting the FY 2020-2021 Property Tax RateCITY OF ANNA, TEXAS
Ordinance Setting the Tax Rate for the Next Fiscal Year
AN ORDINANCE LEVYING PROPERTY TAXES FOR USE AND SUPPORT OF THE
MUNICIPAL GOVERNMENT OF THE CITY OF ANNA FOR THE 2020=2021 FISCAL
YEAR; PROVIDING FOR AN INTEREST AND SINKING FUND FOR ALL
OUTSTANDING DEBT OF THE CITY OF ANNA; PROVIDING FOR APPORTIONING
EACH LEVY FOR THE SPECIFIC PURPOSES; AND, PROVIDING WHEN TAXES
SHALL BECOME DUE AND WHEN SAME SHALL BECOME DELINQUENT IF NOT
PAID.
BE IT ORDAINED BY THE CITY COUNCIL OF THE CITY OF ANNA, 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 Anna, and to provide an Interest
and Sinking Fund for the 2020-2021 fiscal year; upon all property, real, personal and
mixed, within the corporate limits of said City subject to taxation, a tax of $0.583000
on each $100.00 in valuation of property, said tax being so levied and apportioned to
the specific purposes here set forth:
a. For the maintenance and support of the general government (General Fund)
$0.467053 on each $100 valuation of property.
b. For the purposes of creating an Interest and Sinking Fund to pay the interest
and principal maturities of all outstanding debt of the City of Anna, not
otherwise provided for, a tax of $0.115947 on each $100 valuation of property.
SECTION 2. That taxes levied under this ordinance shall be due October 1, 2020
and if not paid on or before January 31, 2021 shall immediately become delinquent.
There shall be no discount for payment of taxes on or prior to January 31, 2021. A
delinquent tax shall incur all penalty and interest authorized by law, Section 33.01 of
the Texas Property Tax Code, as amended, to wit: a penalty of 6% of the amount of
the tax for the first calendar month the tax is delinquent plus 1 % for each additional
month or portion of a month the tax remains unpaid prior to July 1 of the year in
which it becomes delinquent, or such other penalty as may be allowed by law.
Provided, however, a tax delinquent on July 1, 2021 incurs a total penalty of 12% of
the amount of the delinquent tax without regard to the number of months the tax had
been delinquent. A delinquent tax shall also accrue interest at a rate of 1 % for each
month or portion of a month the tax remains unpaid. Taxes that remain delinquent
on July 1, 2021 incur an additional penalty of 15% of the amount of taxes, penalty
and interest due; such additional penalty is to defray the costs of collection due
pursuant to the contract with the City's attorney authorized by Section 6.30 of the
Texas Property Tax Code, as amended.
SECTION 3. All taxes shall become a lien upon the property against which assessed,
and the city assessor and collector of the City of Anna is hereby authorized and
empowered to enforce the collections of such taxes according to the Constitution and
laws of the State of Texas and ordinances of the City of Anna shall, by virtue of the
tax rolls, fix and establish a lien by levying upon such property, whether real or
personal, for the payment of said taxes, penalty and interest; and, the interest and
penalty collected from such delinquent taxes shall be apportioned to the general funds
of the City of Anna. All delinquent taxes shall bear interest from date of delinquency
at the rate as prescribed by state law.
SECTION 4. THIS TAX RATE WILL RAISE MORE TAXES FOR
MAINTENANCE AND OPERATIONS THAN LAST YEAR'S TAX RATE,
SECTION 5. THIS TAX RATE WILL EFFECTIVELY BE RAISED BY 7.18
PERCENT AND WILL RAISE TAXES FOR MAINTENANCE AND
OPERATIONS ON A $100,000 HOME BY APPROXIMATELY $15.51.
SECTION 6. Taxes shall be payable in full at the office of the Tax Assessor/Collector,
Kenneth Maun, 2300 Bloomdale Road, Suite 2366, McKinney, Texas 75071. The
Town shall have available all rights and remedies provided by law for the enforcement
of the collection of taxes levied under this ordinance.
SECTION7. That this ordinance shall take effect and be in force from and after its
passage.
PASSED AND APPROVED by record roll call vote on this, the 8th day of September
2020.
Ayes
ATTESTED:
Secretary Carrie L. Land
Nays
Abstained
APPROVED:
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r Nate Pike