HomeMy WebLinkAboutOrd 670-2014 Setting the FY 2014-2015 Property Tax RateCITY OF ANNA, TEXAS
Ordinance No. 670-2014
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 2014-2015
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 2014-2015 fiscal year, upon all property, real,
personal and mixed, within the corporate limits of said City subject to taxation, a
tax of $0.649000 on each $100.00 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),
$0.545826 on each $100.00 valuation of property.
b. For the purpose 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 $0.103174 on each $100.00 valuation of property.
SECTION 2. That taxes levied under this ordinance shall be due October 1, 2014
and if not paid on or before January 31, 2015 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. THIS TAX RATE WILL RAISE MORE TAXES FOR
MAINTENANCE AND OPERATIONS THAN LAST YEAR'S TAX RATE.
ORD, 670-2014 Setting Tax Rate for 2014 FY PAGE 1 of 2 09-09-14
SECTION 5. THE TAX RATE WILL EFFECTIVELY BE RAISED BY 8.00
PERCENT AND WILL RAISE TAXES FOR MAINTENANCE AND
OPERATIONS ON A $100,000 HOME BY APPROXIMLATELY $-13.54
SECTION 6. 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 9th day of
September, 2014.
Ayes 4
ATTESTED:
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City ecretary, Natha Wilkison
Nays 1 Abstained 0
APPROVED:
ORD. 670-2014 Setting Tax Rate for 2014 FY PAGE 2 of 2 09-09-14