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HomeMy WebLinkAboutOrd 287-2006 Levying Property Taxes for Fiscal Year 2006-2007.pdfCITY OF ANNA, TEXAS Ordinance No. 287-2006 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 2006-2007 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. 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 2006-2007 fiscal year, upon all property, real, personal and mixed, within the corporate limits of said Chy subject to taxation, a tax of $0.525 on each $100.00 valuation of property, said tax being so levied and apportioned to the specific purposes here set forth: 1. For the maintenance and support of the general government (General Fund), $0.438619 on each $100.00 valuation of property. 2. For the purpose of creating a 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 $.086381 on each $101 valuation of property. THIS TAX RATE WILL RAISE MORE TAXES FOR MAINTENANCE AND OPERATIONS THAN LAST YEAR'S TAX RATE. THE RATE WILL RAISE TAXES FOR MAINTENANCE AND OPERATIONS ON A $100,000 HOME BY APPROXIMATELY $0.00. SECTION 2. That taxes levied under ordinance shall be due October 1, 2006 and 9 not paid on or before January 31, 2007 shall immediately become delinquent. 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 collection 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. That this ordinance shall take effect and be in force from and after its passage. PASSED this 12th day of September, 2006 at a regular meeting of the City Council of the City of Anna, there being a quorum present, by 7 yeas, 0 nays and 0 abstained and approved by the Mayor on the date above set out. Page I of l Pages Ordinance adapting lax wre.dw 09/1272006 ATTEST: APPROVED: — Nellie Wil dson, City Secretary /Mayor, Kenneth Pelham Vti�y` of„gN29' Page 2 or I Pages Ordinance adoptlng M Me.doc 09172r"6