HomeMy WebLinkAboutOrd 404-2008 Levying Property Taxes for FY 2008-2009.pdfCITY OF ANNA, TEXAS
Ordinance No. 404-2008
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 2008-2009 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 DEUNQUENT 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 govemment of the City of Anna, and to provide an Interest and
Sinking fund for the 2008-2009 fiscal year, upon all property, real, personal and mixed,
w~hin the corporate lim~ of said City subject to taxation, a tax of $0.575000 on each
$100.00 valualion 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),
$0.479458 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 $.095542 on each $100 valuation of property.
THIS TAX RATE WILL RAISE MORE TAXES FOR MAINTENANCE AND
OPERATIONS THAN LAST YEAR'S TAX RATE.
THE TAX RATE WILL RAISE TAXES FOR MAINTENANCE AND OPERATIONS ON A
$100,000 HOME BY APPROXIMATELY $12.66.
SECTION 2. That taxes levied under ordinance shall be due October 1, 2008 and if not
paid on or before January 31, 2009 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 ofTexas 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, pena~y and interest, and, the interest and pe~ collected
from such delinquent taxes shall be apporlioned 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.
Ont No.404 -2008 Adopting Tax Rate.doc
SECTlQN 4. That this ordinance shall take effect and be in force from and after its
passage.
PASSED this 16th day of September, 2008 at a special meeting of the City Council of
the City of Anna, there being a quorum present, by s:. yeas, Q nays and .JL abstained
and approved by the Mayor on the date above set out.
ATTEST: APPROVED:
Ord. No.404 w2008 Adopting Tax Rate.doc 2