HomeMy WebLinkAboutOrd 784-2018 Setting the FY 2018-2019 Property Tax RateCITY OF ANNA, TEXAS
Ordinance No.-'-/g�Zd 9
Ordinance Setting the Tax Rate for the Next Fiscal Year
A ORDINANCE LEVYING PROPERTY TAXES FOR USE AND SUPPORT OF THE
MUNICIPAL GOVERNMENT OF THE CITY OF ANNA FOR THE 2018-2019 FISCAL YEAR;
PROVIDING FOR AN INTEREST AND SINKING FUND FOR ALL OUSTANDING 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 2018-2019 fiscal year; upon all property, real, personal and mixed, within the
corporate limits of said City subject to taxation, a tax of $0.591288 on each $100.00 in
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) $0.428122
on each $100 valuation of property.
b. For the purposes 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 $0.163166 on each $100 valuation of property.
SECTION 2. That taxes levied under this ordinance shall be due October 1, 2018 and if not
paid on or before January 31, 2019 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 collections 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 .20 PERCENT AND
WILL RAISE TAXES FOR MAINTENANCE AND OPERATIONS ON S $100,000 HOME BY
APPROXIMATELY $-50.75.
SECTION 6. That this ordinance shall take effect and be in force from and after its passage.
ORD. 17 1q - 010 PAGE 1 OF 2
PASSED AND APPROVED by record roll call vote on this, the 11th day of September, 2018.
Ayes I
ATTESTED:
arrie L. Smith, City Secretary
Nays Abstained
ORD. 791_ 901 $ PAGE 2 OF 2