2004T30-TAX RATEORDINANCE NO. .orL -% -,9D
AN ORDINANCE
LEVYING AND ASSESSING ALL TAXABLE PROPERTY
WITHIN THE CORPORATE LIMITS OF THE CITY OF
SCHERTZ, TEXAS, FOR THE YEAR 2004; PROVIDING THE
BASIS OF ASSESSMENT OF ONE HUNDRED PERCENT
(100 %) APPRAISED VALUE AND PROVIDING FOR THE
COLLECTION THEREOF AT THE RATE OF 0.3760 ON THE ONE
HUNDRED DOLLAR ($100.00) ASSESSED VALUATION.
WHEREAS, a public hearing was held on September 7, 2004, to receive public
comment on the proposed tax rate; and
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 0.3760 on the
one hundred dollar ($100.00) assessed valuation for the year 2004.
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 various
Departments $ 0.2889
(B) For requirements of the Tax Bond
Interest and Sinking Fund to meet
the outstanding tax supported
indebtedness of the City for Fiscal
Year 2004 -2005. $ 0.0871
TOTAL TAX RATE $ 0.3760
The City Manager has certified to the availability of funds to pay principal and
interest on the following indebtedness during the fiscal year 2004 -2005.
Debt Principal Interest Total
1992
City of Schertz, Street
Improvement General
Obligation Bonds
1995
City of Schertz, General
Obligation, Refunding
Bonds
2001
City of Schertz, Certificate
of Obligation Bond
( Schertz Parkway)
2002
City of Schertz Tax Notes
2003
City of Schertz, Certificate
of Obligation Bond
2004
City of Schertz, Certificate
of Obligation Bond
$ 50,000.00 $ 20,130.00 $ 70,130.00
41,000.00 1,025.00 42,025.00
150,000.00 195,270.00 345,270.00
135, 000.00 2,126.25 137,126.25
225,000.00 92,607.50 317,607.50
160,000.00 407,047.00 567,047.24
TOTAL $761,000.00 $718,205.99 $1,479,205.99
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 2004, such basis of assessment being required to meet the proposed
expenditures of the General Fund for the Fiscal Year 2004 -2005 and collection of
taxes thereof at the rate of 0.3760 assessed valuation as herein provided.
APPROVED on first reading on this %� day of 2004.
PASSED, APPROVED AND ADOPTED this the Qj-�day oYcL 2004.
Mayor, City of Schertz, Texas
ATTEST:
Dep ty ity, cretary, City of Schertz, Texas
(SEAL OF CITY)
PUBLISHER'S AFFIDAVIT
THE STATE OF TEXAS,
County of Guadalupe
Before me, the undersigned authority, on this date personally appeared
Jamie Mobley , known to me, who, being by me duly sworn, on
his oath deposes and says that she is the Managing Editor of The Seguin Gazette -
Enterprise, a newspaper published in said county; that a copy of the within and
foregoing notice was published in said newspaper / time(s) before the return
day named therein, such publications being on the following dates:
and a newspaper copy of which is heretc
Swo to and subscribed before me this
A.D., 2004.
1---5 day of
AN ORDINANCq �
AN ORDINANCE
LEVYING AND AS-
SESSING ALL TAXA-
BLE PROPERTY
WITHIN THE CORPO-
RATE LIMITS OF THE
CITY OF SCHERTZ,
TEXAS, FOR THE
YEAR 2004; PROVID-
ING THE BASIS OF
ASSESSMENT OF
ONE HUNDRED PER-
CENT (1000/6) AP-
PRAISED VALUE AND
PROVIDING FOR THE
COLLECTION THERE-
OF AT THE RATE OF
0.3760 ON THE ONE
HUNDRED DOLLAR
($100.00) ASSESSED
VALUATION.
APPROVED on first
reading the 7th day of
September 2004.
Deputy City Secretary,
Mary Ybarra
WRGARET L CL IKSON
My � W_ Notary Public, Guadalupe County, Texas
PULISHER'S AFFIDAVIT d
Ik / , 3
0
THE STATE OF TEXAS,
County of Guadalupe
Before me, the undersigned authority, on this date personally appeared
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 - Enterprise, a newspaper published in said county; that a
copy of the within and foregoing notice was published in said newspaper
time(s) before the return day named therein, such publications
being on the following dates:
and a newspaper copy of which is hereto attached.
Sworn to and subscribed before me this 2 2 day of
A.D. 2004.
MARGARET 7LCURKSON
Nam RabMW MY � 25.2M6 N ota
ORDINANCE
NO. 04-M-30
AN ORDINANCE
LEVYING AND AS-
SESSING ALL TAXA-
BLE PROPERTY
WITHIN THE CORPO-
RATE LIMITS OF THE
CITY OF SCHERTZ,
TEXAS, FOR THE
YEAR 2004; PROVID-
ING THE BASIS OF
ASSESSMENT OF
ONE HUNDRED PER-
CENT (100 %) AP-
PRAISED VALUE AND
PROVIDING FOR THE
COLLECTION THERE-
OF AT THE RATE OF
0.3760 ON THE ONE
HUNDRED DOLLAR
($100.00) ASSESSED
VALUATION.
ASSED, APPROVED
AND ADOPTED this
the 21 st day of Septem-
ber 2004.
City Secretary,
Norma Althouse
Public, Guadalupe County, Texas