2001T20-TAX RATEORDINANCE NO.
AN ORDINANCE
LEVYING AND ASSESSING ALL TAXABLE PROPERTY
WITHIN THE CORPORATE LIMITS OF THE CITY OF
SCHERTZ, TEXAS, FOR THE YEAR 2001; PROVIDING THE
BASIS OF ASSESSMENT OF ONE HUNDRED PERCENT
(100%) APPRAISED VALUE AND PROVIDING FOR THE
COLLECTION THEREOF AT THE RATE OF 0.3825 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 ali
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 0.3825 on the
one hundred dollar ($100.00) assessed valuation for the year 2001.
SECTION 2. THAT such tax is hereby levied and assessed in
accordance with the applicable Statutes of the State of Texas, and such levy
and assessment is made for the following purposes, to wit:
(A)
For the current expense and operation
of the General Fund and its vadous
Departments
$ 0.3208
(B)
For requirements of the Tax Bond
Interest and Sinking Fund to meet
the outstanding tax supported
indebtedness of the City for Fiscal
Year 2001-2002.
$ O0617
TOTAL TAX RATE
$ 0. 3825
The Director of Finance has certified to the availability of funds to pay
principal and interest on the following indebtedness during the Fiscal Year 2001-
2002.
..
DATE OF ISSUE
1990 City of Schertz, General
Obligation Bonds
Principal $ 39,950.00
Interest 1,448.50
1992 City of Schertz, Street
Improvement General
Obligation Bonds
Total $'41,398.50-
Principal $ 25,000.00
Interest 27,380.00
Total ~ 52,380.00
1995 City of Schertz, General
Obligation, Refunding
Bonds
Principal $ 67,000.00
Interest 7.834.00
Total $ 74,834.00
2001 City of Schertz, Combination
Tax & Limited Pledge Revenue
Certificates of Obligation
Bonds Principal
Interest
$125,000.00
210,020.00
Total
$335,020.00
SECTION 3. THAT the Tax Assessor and Collector for Guadalupe
County, 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 2001, such basis of assessment being required to meet the proposed
expenditures of the General Fund for the Fiscal Year 2001-2002 and collection of
taxes thereof at the rate of 0.3825 assessed valuation as herein provided.
SECTION 4. THAT the Council hereby determines that an emergency
exists requiring immediate action, and this Ordinance is hereby passed as an
emergency measure to be effective immediately upon its passage, and the
enactment of this Ordinance as an emergency measure in accordance with the
provisions of Section 4.09 (e) of the City's Home Rule Charter will contribute to
the preservation of tt'~ public peace, health, or safety.
PASSED, APPROVED AND ADOPTED this the ~?~ day o September 001.
ayo-r, Ci xas
ATTEST:
~~-Ci~~~/~Se~ta r~City of Schertz
THE STATE OF TEXAS,
County of Guadalupe
PUBLISHER'S AFFIDAVIT
.~ q~ . oo
Before me, the undersigned authority, on this date personally appeared ·
X..
Tommy ,Crow , known to me, who, being by me duly sworn, on
his oath deposes and says that he is the Publisher of The Seguin Gazette-Enterp_dse, a
newspaper published in said county; that a copy of the within and foregoing notice was
published in said newspaper, I time(s) before the retum day named therein, such
publications being on the following dates:
and a newspaper copy of which is hereto attached.
_Sworn~ ~~~.,(~_t°-and subscribed beflreA. D.,. 2001.me this_ .//¢~ day of
'?iE~iNG AND ASSESS-
~i~-' AND: '- ASSESSING
:;!~LL. TAXA. BEE. PROPER:
;i;~ WITHIN' THE-. CORPO-
~ RA'I,E. LIMITS-'OF.-'THE
'C!~'.'ii:.':: ..OF ",' ~CHERTZ,'
'"~,:';FOR .-.,THE YEAR
";;:~1',;. "PROVIDING 'THE
,:':;;~:. ~-'ASSESSMENT...
,:~ONE HUNDRED PER-'
~T", "'(1' 00%) ' APPRAIS-
'.i~UE"AND 'PROVI'D-
..
,PASSED,- _ APPROVED'
AND A.DOPTED the 26th
.Natnm,~al~x~, ·
.,
CAROL ANN AVERY
Notary Public Stat~ of Texas
My Comm~sl~ ~ir~ 08-31-200~
Notary Public, Guadalupe County, Texas
2001 TAX ROLL
· The following information is provided from the Property Tax Roll for approval:
Total Market Value:
Total Improvement Value:
Total Personal Property Value:
Total of all Values:
Total of Exemptions:
Total Taxable Value:
Tax Levy ~ .3825
+ $ 170,120,546.00
+ $ 657,231,177.00
+ $ 91,190,894.00
= $ 918,542,617.00
- $ 95,797,513.00
= $ 822,'745,104.00
= $ 3,146,999.78
Approved October 16, 200i by Schertz City Council per Sec. 26.09,(e), of the
.
Mayor, Cit of Schertz
Ci. /ecret .