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HomeMy WebLinkAboutOrd 1003-2022 Setting the FY 2022-2023 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 2022-2023 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 2022-2023 fiscal year; upon all property, real, personal and mixed, within the corporate limits of said City subject to taxation, a tax of $0.539750 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) $0.396533 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 $0.143217 on each $100 valuation of property. SECTION 2. That taxes levied under this ordinance shall be due October 1, 2022 and if not paid on or before January 31, 2023 shall immediately become delinquent. There shall be no discount for payment of taxes on or prior to January 31, 2023. 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, 2023 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, 2023 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 5.20 PERCENT AND WILL RAISE TAXES FOR MAINTENANCE AND OPERATIONS ON A $100,000 HOME BY APPROXIMATELY-$56.10. 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 13t"day of September 2022. Ayes r7 Nays A Abstained ATTESTED: City Secretary Carrie L. Land; r I� APPROVED: r Nate Pike n O N 00 Ln C Ln l6 N bA L , p cO G E t m i? = O aL O O O O O M (n rl O N d n N O 00 (U N co U1 v C ORO } i (>3 N } � m 00 0000 0000 �r o 00 0o m 00 m Ln Ln r-i ri ri ri H ri ri x c0 r- c0 c c a O 4 + U o a 00 00 00 Ln 000 0000 0000 r*� Ln O N N N N 0) m m ri ri r"i m CD 00 al Ol O Ln Ln Ln U) Ln �D rfu r O O O O O O x I— to C G a O A U ON d N l0 0) 0) N N Ln ri 0) r� O c-i Ln ri m rl N rn to dW cn H a) N N N N N ri N O 2 ma N IN N N In N a M N rl O 0) 00 O O O O O O N N N N N N aj } u U N LL N ri O m 00 r� O O O O O O N N N N N N } x