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HomeMy WebLinkAboutOrd 696-2015 Setting the FY 2015-2016 Property Tax RateCITY OF ANNA, TEXAS Ordinance No. 696-2015 (FY 2015 Tax Rate) AN ORDINANCE LEVYING PROPERTY TAXES FOR USE AND SUPPORT OF THE MUNICIPAL GOVERNMENT OF THE CITY OF ANNA FOR THE 2015-2016 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 2015-2016 fiscal year, upon all property, real, personal and mixed, within the corporate limits of said City subject to taxation, a tax of $0.639000 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), $0.532341 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 $0.106659 on each $100.00 valuation of property. SECTION 2. That taxes levied under this ordinance shall be due October 1, 2015 and if not paid on or before January 31, 2016 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. SECTION 5. THE TAX RATE WILL EFFECTIVELY BE RAISED BY 8.91 PERCENT AND WILL RAISE TAXES FOR MAINTENANCE AND OPERATIONS ON A $100,000 HOME BY APPROXIMLATELY $-13.49 SECTION 6. That this ordinance shall take effect and be in force from and after its passage. PASSED AND ADOPTED by record roll call vote on this, the 8th day of September, 2015. Ayes 7 Nays Abstained ATTESTED: City Secretary Carri L. Smith Ordinance No. 696-2015 2 (FY 2015 Tax Rate) P UBLISHERIS AFFI DAVIT Proof of Publication The State of ITl;xas County of Glra yson: Brllolre me, (the undersigned„ allotary Public inn and for Grayson County, TeKas, this day personally appeared ILiinda Dlixon who, (being duly swum, accolyding ti) law„ says that she is the Classifieds, Manager or the Anna -Melissa Tribune, a (weekly newspapl,-r published at 278 N. Dallas„ Van Alstyne, TeXas,, in said county and state, and that CITY OF ANNA N DTICE DIF PROPOSED PROPERTY TAX RATE was plublishiA in said newspaper on August l3„ 20 l5. lassifiedr Manager Subscribed and sworn Li) bl,-folre me„ allotary Public, this. diy of,,� 20115 =o0PpY P�BI �' PEGGY 6C40GG14 �y Jotary :'ul)lic, litati" of Maxas My Co mmission 1-xpires Morch 36, 201 5 nnm OTW �c ��m ;�, < ITI CD CD �`D ..CD/err ua C o o CD)�(D o ��w vvCD 0 N, p cD k�iJ tr" CD CD vm(A CD a- a d o �- lzi p CD CD v, (AoD' CD w § m9. CD =O CD `�° jay �a o CD CD z w w oN o r a `� PRcn MID (' CD fD p rsp '* O `D o CD M to o n � . , � n7 E3 S' ' c � im. CD a' �c cro CD o o �> CD , o `D n x c o c O o Y `D bsV)�cn o-< CD o /w ° c ocoo CD (D -+� O ° CD go CD° S2 z CD o M CD as 0 w o o Cl o o m ob ctrD w o �' a c� s� c� kA va P .0 z o� 0000 Er o b fD as ,� H o °, o 0 0 o cu CD + 0 ° CD Fv "o ° s" o c ors c(D o o a C o a. (D CD a o b � 8 CD CD c. d CD a H p, >• �. o