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12-T-26 Setting Tax RateORDINANCE NO. 12-T-26 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 28'h day of August, 2012, and a second Public Hearing was held on the 4"' day of September 2012; 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 WHEREAS, the taxes have been levied in accordance with the adopted 2012-13 budget as required by state law; NOW, THEREFORE, BE IT ORDAINED BY THE CITY COUNCIL OF THE CITY OFSCHERTZ,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 2012, 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 $171,255 home by approximately $57. SECTION 4. There is hereby levied and assessed and there shall be collected for the tax year 2012 for the general use and support of the Municipal Government of the City of Schertz, Texas a total ad valorem tax of forty-Hine-ninety-nine cents ($0.4999) 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 2012 as follows: 1. 0.2993 for• the purpose of maintenance and operation 1. 0.2006 for the payment of principal and interest on debt 2. 0.4999 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 ofthis ordinance are severable, and ifanyphrase, 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, and it is so ordained. SECTION 8. Ad valorem taxes for the year are due and payable on October 1, 2012, and shall become delinquent after January 31, 2013. A delinquent tax shall incur all penalty and interest authorized by state law, Section 33.01 of the Property Tax Code. Tales that remain delinquent on and after July 1, 2013, 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, Bexar, and Guadalupe. PASSED AND APPROVED ON FIRST READING THIS 4th DAY OF SEPTEMBER 2012. \ 1• Mayor Pro-Tem, George Antuna ATTEST: ~- renda Dennis, Ciry Secretary PASSED AND APPROVED ON FIRST READING THIS 11th DAY OF SEPTEMBER 2012. Y yor Pro-Tem, George Antuna ATTEST: Brenda Dennis, City Secretary