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2008T45-Tax Rate ORDINANCE NO. 08- T -45 AN ORDINANCE APPROVING THE APPRAISAL ROLL; SETTING THE TAX RATE; LEVYING AND ASSESSING GENERAL AND SPECIAL AD VALOREM TAXES FOR THE USE AND SUPPORT OF THE MUNICIPAL GOVERNMENT OF THE CITY OF SCHERTZ, TEXAS; APPORTIONING THE LEVIES FOR SPECIFIC PURPOSES; PROVIDING A SEVERABILITY CLAUSE; AND PROVIDING AN EFFECTIVE DATE. WHEREAS, the City Manager of the City of Schertz submitted a tax rate proposal to the City Council prior to the beginning of the fiscal year, and in said tax rate proposal set forth the estimated necessary tax rate required to provide adequate revenues for the general use and support of the Municipal Government of the City of Schertz Texas; and WHEREAS, the City Council finds that all provisions pertaining to the adoption of an ad valorem tax rate have been in all things complied with; and WHEREAS, a Public hearing was held by the City Council of the City of Schertz on the 2nd day of September, 2008 and a second Public Hearing was held on the 9th day of September 2008; and WHEREAS, after a full and final consideration, the City Council is of the opinion that the tax rate and ad valorem tax appraisal roll should be approved and adopted; and 1. WHEREAS, the taxes have been levied in accordance with the adopted 2008-09 budget as required by state law; NOW, THEREFORE, BE IT ORDAINED BY THE CITY COUNCIL OF THE CITY OF SCHERTZ, TEXAS, THAT: SECTION 1. The ad valorem tax appraisal roll and effective tax rate information as presented by the tax assessor for the tax year 2008, be and is hereby in all things approved and adopted. SECTION 2. This tax rate will raise more taxes for Maintenance and Operations than last year's tax rate. SECTION 3. This tax rate will raise taxes for Maintenance and Operations on a $100,000 Home by approximately $ 2.21. SECTION 4. There is hereby levied and assessed and there shall be collected for the tax year 2008 for the general use and support of the Municipal Government of the City of Schertz, Texas a total ad valorem tax of Forty Point Ninety Cents ($0.4090) on each One Hundred Dollars ($100.00) of valuation of property - real and personal- within the corporate limits of the City of Schertz, Texas, subject to taxation. The assessment ratio shall be One Hundred percent (100%). SECTION 5. The City Council of the City of Schertz, Texas, does hereby levy or adopt the tax rate on $100.00 valuation for this city for tax year 2008 as follows: 1. 0.259000 for the purpose of maintenance and operation 2. 0.150000 for the payment of principal and interest on debt 3. 0.409000 total tax rate SECTION 6. It is hereby declared to be the intention of the City Council that the phrases, clauses, sentences, paragraphs and sections of this ordinance are severable, and if any phrase, clause, sentence, paragraph or section of the ordinance shall be declared unconstitutional by the valid judgment or decree of any court of competent jurisdiction, such unconstitutionality shall not affect any of the remaining phrases, clauses, sentences, paragraphs and sections of this ordinance, since the same would have been enacted by the City Council without the incorporation in this ordinance of any such unconstitutional phrase, clause, sentence, paragraph or section. SECTION 7. This ordinance shall be in full force and effect from and after its passage, ~nd it is so ordained. SECTION 8. Ad valorem taxes for the year are due and payable on October 1, 2008 and shall become delinquent after January 31, 2009. A delinquent tax shall incur all penalty and interest authorized by state law, Section 33.01 of the Property Tax Code. Taxes that remain delinquent on and after July 1, 2009, incur an additional penalty of 15% of the amount of the taxes, penalty and interest due, such additional penalty to defray the cost of collection as authorized in Section 6.30 of the Property Tax Code. The City shall have available all rights and remedies provided by law for the enforcement of the collection of taxes levied under this ordinance. SECTION 9. Taxes are payable at the office of the counties of Comal, Sexar and Guadalupe. PASSED AND APPROVED ON FIRST READING THIS 9th DAY OF SEPTEMBER 2008. PASSED AND APPROVED ON FIRST READING THIS 9th DAY OF S PTEMBER 2008. ~~ ATTEST: C~ ~\l~ . ~f\'\\\ ~; fJ Brenda Dennis, City Secretary PASSED AND APPROVED ON SECOND READING THIS 16th DAY OF EPTEMBER 2008. @~ - ATTEST: a~ CJm~lb Brenda Dennis, City Secretary