HomeMy WebLinkAboutRes 2015-08-03 2015 PH on Tax Rate.pdfCITY OF ANNA, TEXAS RESOLUTION NO. t1 o lb'-oi --o 3 A RESOLUTION OF THE CITY OF ANNA, TEXAS NAMING THE MAXIMUM TAX RATE THE COUNCIL MAY ADOPT FOR THE 2015 TAX YEAR AND SETTING THE DATES AND TIMES FOR PUBLIC HEARINGS ON THE TAX RATE WHEREAS, The Constitution for the State of Texas (the "State") sets out the general requirements for truth-in-taxation provisions requiring political subdivisions of the State to inform citizens in their jurisdiction of changes in the property tax rate;
WHEREAS, The City of Anna, Texas (the "City") is a political subdivision of the State and is
therefore subject to laws of the State;
WHEREAS, Section 7.19 of the City Home Rule Charter (the "Charter") states the City has
power to levy, assess, and collect taxes of every character and type for any municipal
purpose not prohibited by state of federal law;
WHEREAS, The City Council (the "Council") wishes to establish a maximum tax rate it may
adopt;
WHEREAS, The proposed tax rate exceeds the effective rate;
WHEREAS, The Council wishes to hold public hearings on the tax rate as stipulated in Texas
Tax Code;
NOW THEREFORE, BE IT RESOLVED BY THE CITY COUNCIL OF THE CITY OF ANNA,
TEXAS THAT:
Section 1. Recitals Incorporated.
The recitals set forth above are incorporated herein for all purposes as if set forth in full.
Section 2. Proposal of a maximum tax rate by the City of Anna
The Council hereby proposes that the maximum tax rate adopted by the City shall not exceed
$0.639 per $100 of valuation.
Section 3. Proposal of a maximum tax rate by the City of Anna
The Council hereby sets August 25, 2015 at 7:30 p.m. and September 1, 2015 at 6:30 p.m.
as the date and time for the public hearings on the 2015 tax rate, said hearings to be held in
the City Council Chambers of the Municipal Building located at 111 N. Powell Parkway in
Anna, Texas. The Council further directs that notice of the time and place of the public
hearing be published in the official newspaper of the City as required in Texas Tax Code.
CITY COUNCIL OF ANNA, TEXAS RESOLUTION No.:Lo 1 s-~o~-c;;3 PAGE 1OF2
PASSED AND APPROVED by the City Council of the City of Anna, Texas on this 11th day of August, 2015. APPROVED: ATIEST: /J /f ~(ke Crist, Mayor
CITY COUNCIL OF ANNA, TEXAS RESOLUTION NOJM ;Y 08-tJ 3 PAGE 2 OF 2
NOTICE OF 2015 TAX YEAR PROPOSED PROPERTY TAX RATE FOR CITY OF ANNA A tax rate of $0.639000 per $100 valuation has been proposed for adoption by the governing body of City of Anna. This rate exceeds the lower of the effective or rollback tax rate, and state law requires that two public hearings be held by the governing body before adopting the proposed tax rate. PROPOSED TAX RATE PRECEDING YEAR'S TAX RATE EFFECTIVE TAX RATE ROLLBACK TAXRATE $0.639000 per $100 $0.649000 per $100 $0.586703 per $100 $0.639000 per $100
The effective tax rate is the total tax rate needed to raise the same amount of property tax revenue for
City of Anna from the same properties in both the 2014 tax year and the 2015 tax year.
The rollback tax rate is the highest tax rate that City of Anna may adopt before voters are entitled to
petition for an election to limit the rate that may be approved to the rollback rate.
YOUR TAXES OWED UNDER ANY OF THE ABOVE RA TES CAN BE CALCULATED AS
FOLLOWS:
property tax amount= (rate) x (taxable value of your property)/100
For assistance or detailed information about tax calculations, please contact:
Kenneth L. Maun
Tax Assessor Collector
2300 Bloomdale Road
McKinney, TX 75071
972-547-5020
kmaun@collincountytx.gov
www.annatexas.gov
You are urged to attend and express your views at the following public hearings on the proposed tax
rate:
First Hearing: August 25, 2015 at 7:30 pm at Anna City Hall, 111 North Powell Parkway, Anna, TX
75409.
Second Hearing: September 1, 2015 at 6:30 pm at Anna City Hall, 111 North Powell Parkway, Anna,
TX 75409.