HomeMy WebLinkAboutOrd 729-2016 2016 Tax RateCITY OF ANNA, TEXAS
Ordinance
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 2016-
2017 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 2016-2017 fiscal year, upon all property, real,
personal and mixed, within the corporate limits of said City subject to taxation, a
tax of $0.629000 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),
$0.506582 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 $0.122418 on each $100.00 valuation of
property.
SECTION 2. That taxes levied under this ordinance shall be due October 1, 2016
and if not paid on or before January 31, 2017 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 8.00
PERCENT AND WILL RAISE TAXES FOR MAINTENANCE AND
OPERATIONS ON A $100,000 HOME BY APPROXIMLATELY $-25.76
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 13th day of
September, 2016.
Ayes 4— Nays Abstained
ATTESTED: f
L
APPRO ED:
City Secretary, C rrie L. Smith Mayor, Mike Crist