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83-T-10 PROPERTY TAX ORDINANCE NO. 'd.:; - 'j-/lJ AN ORDINANCE LEVYING AND ASSESSING ALL TAXABLE PROPERTY WITHIN THE CORPORATE LIMITS OF THE CITY OF SCHERTZ, TEXAS, FOR THE YEAR 1983, PROVIDING THE BASIS OF ASSESS- MENT OF 100% APPRAISED VALUE AND PROVIDING FOR THE COLLECTION THEREOF AT THE RATE OF $l1. 'I), ON THE ONE HUNDRED DOLLAR ($100.00) ASSESSED VALUATION AND DECLARING AN EMERGENCY. BE IT ORDAINED BY THE CITY COUNCIL OF THE CITY OF SCHERTZ, TEXAS: SECTION 1. That there is hereby levied and assessed against all taxable property, both real and personal, within the corporate limits of the City of Schertz, Texas, and there shall be collected by such City a tax of $~_~d on the one-hundred dollar ($100.00) assessed valuation for the year 11J:g3. SECTION 2. Such tax is hereby levied and assessed in accordance with the applicable Statutes of the State of Texas, such levy and assessment is made for the following purposes, to wit: (A) For current expense and operation of the General Fund and its various departments (B) For requirements of thei Tax Bond Interest and Sinking Fund to meet the outstanding tax supported indebtedness of the City for Fiscal Year 1983-84 TOTAL TAX RATE $ Jr $ . tJ r $ . '/ ')-- The City Treasurer has certified to the availability of funds to pay principal and interest on the following indebtedness during the Fiscay Year 1983-84. DATE OF ISSUE 1962 City of Schertz, Sewer System Bonds Principal Interest 1972 City of Schertz, Street Improve- ment Bonds Principal Interest 1975 City of Schertz, Park Improve- ment, Street & Drainage Bonds Principal Interest 1981 City of Schertz, Combination Tax and Jr. Lien Certificate of Obligation Principal Interest $ 8,000.00 $ 6,851.25 $14,851.25 $ 7,000.00 $ 7,016.00 $14,016.00 $ 5,000.00 $14,420.00 $19,420.00 $ 5,000.00 $14,075.00 $19,075.00 SECTION 3. That the Tax Assessor and Collector for the City of Schertz Texas, is hereby directed to assess and collect taxes of the City of Schertz, Texas, on the basis of one hundred percent (100%) of appraised values for the year 1983, such basis of assessment being re- quired to meet the proposed expenditures of the General Fund for the Fiscal Year 1983-84 and collection of taxes thereof at the rate of $ O.1;l assessed valuation as herein provided. SECTION 4. The public importance of this measure constitutes and creates an urgent public necessity requiring that this ordinance be passed and take effect as an emergency measure, and shall take effect and be in force immediately upon and after its passage. PASSED, APPROVED AND ADOPTED this the 19 83 6 day of September ATTEST: m~ J2z 00 ~- City: Secretary, City of SchertZ ~ (SEAL OF CITY) I..;GAI.S j-- SCHERTZ I.EGi\l.S U;(;AUI 'U:laI.S" I ! SCHERTZ. ---."__'1' I, 1 NOTICE OF CALCULATION'OF EFFECTIVE TAX RATE AND PUBLICATION OF ESTIMATED UNENCUMBERED FUND BALAJlCES; I. THOMAS C. DOVEY . TAX ASSESSOR/COLLECTOR lor CITY OF SCHERTZ . ID ,ccordance wllh lhe provl.lon. 01 Sec. 28.0.. Property Tax Code. havecalculaled thai.. ratew~icbmay DDI be- exceedod by more than lhroe perco,nl by Ihe governing body ollhe CITY OF SCHERTZ wilhoul holding a public' be.ring .. required by lhe code. Th.l r.le i... lollows: 5 42 per $100 01 v.lue, The eatimated unencumbered fund balance for Maiillenance &: Opera1ion fund: S :"0... . Th, . . eJtimated unencumbered fund balance for Inlerell &: Sinkins fund: S -0- THOMAS C. DOVEY, TAX ASSESSOR/COllECTOR ~iJGJ1ST 12. 1983 CALCULATIONS USED TO DETERMINE EFFECTIVE TAX RATE LDATA 1. 11182 T....11aIl1evy from "'. 11182 lox roll ............... ...... .................. 2. 11182 Ta,... ($ _ MIO and $ _1&51 ........ ....... ................... 3. 11182 Debt awe. (1&5) levy .....;.. .'.....,............. ...................... 4. 11182 M.ln.....nc. .nd operaUon (M&OIIIlY)l .................................... 5. \1182 M!lO ..... on properly In t.rrltory that ha. c:a.a8d to be. part DI tho unllln 11183 e. 11182 M&O IaIln on properly beeomlnll ...mpt In 19&3 ........... .. . .. .. .. .. .. . 7. 11182 MAO tu.. on Ioxabl. v.!u.loal bee.u.. properly I. .ppralll&d .tl... than "'.rkat valu.ln 11183 ... ................. .................... ........ ................ 8. 1983 Total_bl. valu. 01.11 properly ........................................ II. 11183 T....b1. value 01 n&wlmprov.menlS added .Ince Jan. 1.18&2 .............. 10. 1983 Tu&b1a valu. of prDperly annexed IIinc. Jan. '. 11182 ...................... 11. 11183 T"" IIIY)I needed to ..Uafy debt &anile. (I&S) .. .. .... .. .. .. . .. .. . .. .. . . .. .. .'2. AlIta to raI,&a 111&2 ta. IIIY)I du. to .pprafs&1 roll errors (rate th.llhDuld h.ve been Ie.. ..ta that was levtedl ($ 1$100 - $ 15100) ... .'3. AlIta 10 recoup Iax.a lo.tln 1982 dU.1D appral.., roll errors (IosI dDllars divided by 11183 _b1. valu..) ($ +$ ) ............................ JL CALCULAnON MAIHTENANceAHD OPEllAnoN (M&O) TAX RAT! 1. lA) 11182 T....ltax Iavy IDe.. 1) .................................................. (8J Subtract 111&2 Debt ..tvtc. levy (Data 3) ...................................... (C) Subtract 11182 T..... on properly no lonller In un~ (Ollla 5) ..................... (OJ, Subtr.ct 11182 T.... lor ...",pIlDn. (Oa" 8) ......;........................... IE) SUbnct 11182 T.... for prDducllvlfy valueUon (0&1.0. 7) ......................... IF) Acllualed 11182 M&O levy .. .. .. . .. . .. . .. .. .. .. .. . .. .. ...... .. .. .. .. . .. .. .. ... 2. (AI 11183 TOI8I _bl. value or .11 property (0... 8) ............................... (81 Sub!r.Cl1983 V"ue of now Improvemen.. (Oeta 8) ............................ (C) Subtract 1983 Velue of .nnexedproparty (001& 10) .... ........................ (0) Adjuoled 1983 T....bla v.lu.'D' M",O .... .................................... . 3. (AI DIYld. the edjuatad 1882 MIO I""" (1.F ..bov.) by the .djusted 1983 _bIe i valu.forMI0(2-0ebov.)($ 345.265 +S 100,220.363 ) I (8) MulUpIy by $100 valuation ................................................ u. (C) C&lculeted mainten.nce and oparation (MIO) .... lor 1983 .................... INTEREST AND SINKING (1&5) TAX RATE 4. {AI 1983 1&5 '.VY needed 10 oatioty debl (Data 11) _........... ..................... (81 11183 ToIallaxable vel.... of ell properly (Oalo 8) ............................... (C) Olvldethe.. 1983 1&5 IIIY)I (4.A'bovel bY' th'L 11183 IDlal -1lle_~"IIuL (4.lhl:iOYa) ($ -+ $ ) .............. (OJ Mullipl)lby$100 velu.Uon ......... ....... ............. ...... ................ (E) C&lcul.1ed Intarelll.nd sinking rata (lIS) IDr 1983 . ..'................ .......... APPRAISAL ROLL ERROR RATE 5. lA) AlIte 10 raise 1982 IllY)' d.... to .ppr.l... errDrs (Oeta 12) .. .... .. . ..... .. . .. .. .. (81 Add r.te 10 recoup !axes Ios1 d.... 10 errors (Data 13)........................... (C) T....' raIlllo .djust lor .ppralsal roll errors .......;. _ ... .. .. .. .. . .. .. ..... .. .. . '\ TOTAL EFFECTIVE TAX RATE FOR 1983 8. (A) Calculaled maintenance .nd operaUon (M&O) rate (J-C .bove) ................. (8) AcId c.lculated Inleralll and sinking 0&5) rata (4-E above) ....._................ Ic) AcId rate 10 .djuollor .ppral'" roll errors (5.C .bove) ..'....................... (O) Celculaled 1983 Ene_ T"" RlII8 ...................... ....... ............. , 418,052. $ .44. IS~ S 69,506 . , 348.546 $ .0- S -O- S 3.281 5 105,180.264. , 4,959.901 S -O- S 86.437 S -0- 15100 $ -0- 1$100 . 418,052 -S 69,506 -S -0. -S _0_ -S 1: ,sn $ 345 .265 S 105 180.2~4 - $ 4 Q~Q 'lot -S n S 'nn~?2~~'J61 S x S .34450 100 S .34 ISloo S 86,437 $105.180.264 , .0008211 x, .08217 100 $ .08 /S1oo S -07S100 +S -07$100 $ -0-1$100 $ 34 /$100 + $ 08 1$100 · S -0- 1$100 S .42 /$100 1983 Eff.crive ra>" Rare 10 Ihe lax rot. publiahed .. NqulrorJ 111 Sac. KIN. ~ rax Coda. .0034450