98-T-28 Taxing Property
ORDINANCE NO. ~f- r: ;2..1
AN ORDINANCE
LEVYING AND ASSESSING ALL TAXABLE PROPERTY
WITHIN THE CORPORATE LIMITS OF THE CITY OF
SCHERTZ, TEXAS, FOR THE YEAR 1998; PROVIDING THE
BASIS OF ASSESSMENT OF ONE HUNDRED PERCENT
(100%) APPRAISED VALUE AND PROVIDING FOR THE
COLLECTION THEREOF AT THE RATE OF $0.3544 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 $0.3544
on the one hundred dollar ($100.00) assessed valuation for the year 1998.
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 current expense and operation
of the General Fund and its various
Departments $0.3169
(B) For requirements of the Tax Bond
Interest and Sinking Fund to meet
the outstanding tax supported
indebtedness of the City for fiscal
-Year 199'S:'T999-
TOTAL TAX RATE
$0.0375
$0.3544
The Director of Finance has certified to the availability of funds to pay principal
and interest on the following indebtedness during the Fiscal Year 1998-1999.
DATE OF ISSUE
1962 City of Schertz,
Sewer System Bonds
Principal
Interest
$13,000.00
1,341.25
$14,341.25
Total
1987 City of Schertz, General
Obligation Bonds
Principal
Interest
$45,000.00
4,443.75
$49,443.75
Total
1992 City of Schertz
Street Improvement General
Obligation
Principal
Interest
$25,000.00
31,761.26
$56,761.26
Total
1995 City of Schertz General
Obligation. Refunding
Principal
Interest
$31,907.73
7,847.37
$39,755.00
Total
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 1998, such basis
of assessment being required to meet the proposed expenditures of the General Fund
for the Fiscal Year 1998-1999 and collection of taxes thereof at the rate of $0.3544
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 the public
peace, health, or safety.
PASSED, APPROVED AND ADOPTED this the ~day of September, 1998.
~~
Mayor, City of Schertz, Texas
ATTEST:
~~
ity Secretary, City of Schertz, Texas
(SEAL OF CITY)
THE STATE OF TEXAS,
ADVERTISING AFFIDAVIT . . 4 f ~ trl
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t;+l 11.31, if:,
County of Guadalupe
Before me, the undersigned authority, on this date personally appeared
DERR IE GUNCKEL known to me, who, being by duly sworn, on
his oath deposes and says that he/she is the Advertising Director of
The Seguin Gazette-Enterprise, a newspaper published in said county;
that a copy of the within and foregoing AD was published in
said newspaper 1 times before the return day named therein,
such publications being on the following dates:
S E P T E MB E R 1, 1998
and a newspaper copy of which is
Sworn to and subscribed before me, this 5th djy of OCTOBER
19aB.-.
A.D.,
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Notary Public, Guadalupe County, Texas
Notice of Public "Hearing on Tax Increase
The City of Schertz will hold a public hearing on a proposal to increase total tax
revenues from properties on the tax roll by 10.60 percent. Your individual taxes
may increase or decrease, depending on the change in the taxable value of your
property in relation to the change in taxable value of all other property and the
\
tax rate that is adopted.'
The public hearing will be held on September 9, 1998 at 7:00 PM at Schertz
Municipal Complex Council Chambers, 1400 Schertz Parkway, Schertz TX.
FOR the proposal: Pia Jannan Joe Potempa
Nonnan Agee, Sr. Ken Greenwald
AGAINST the proposal: None
PRESENT and not voting: None
ABSENT:
Timothy Swinney
The following table compares taxes on an average home in this taxing unit l~t
year to taxes proposed on the average home this year. Again, your individ~
taxes may be higher or lower, depending on'the taxable value of your property~
Last , Year
Average residence homestead value $83,060"
General exemptions available $0
(amount available on the average homestead, not including senior
citizen's or disabled person's exemptions)
This Year
$88,587
$0
Average taxable value
Tax rate
Tax
$83,060
0.355400
$295.20
$88,587
0.354400
$313.95
Under this proposal, taxes on the average homestead would increase by
$18.75 or 6.35 percent compared with last year's taxes. Comparing tax rates
without adjusting for changes in property value, the tax rate would decrease
by $0.001 per $100 of taxable value or 0.28 percent compared to last year's
tax rate. These tax rate figures are not adjusted for changes in the taxable
value of property.
\
The City of Schertz
conducted a public hearing
on a propo'sal
to increase the total tax revenues
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Notice
.
of Vote on Tax Rate
of the
City of Schertz
by 10.60 percent
on September 9, 1998 7:00 PM.
The City of Schertz
is scheduled to vote
on the, tax rate that will result in
that tax increase
atapublic meeting to be held
on September 15, 1998, at 7:00 PM
',atSchertz Municipal Complex Council Chambers, 1400
Schertz Parkway, SchertzTX..
1998 Property Tax Rates
in City of Schertz
$1,345,153
$-218,999
$1,564~152
$463,244,403
0.355400/SiO()
This notice concerns 1998 property tax rates for City of Schertz. It presents
information about three tax rates. Last year's tax rate is the actual rate the taxing
unit used to daermine property taxes last year. lbis year's effective tax rate would
impose the same total taxes as last year if you compare properties taxed in both
years. This year's rollback tax rate is tbe hig)1est tax rate tbe taxing unit can set
before taxpayers can start tax rollback procedures. In each ease these rates are
found by dividing the total amowlt of taxes by the tax base (the total value of
taxable property) with adjustments as required by state law. The rates are given per
$100 of property value.
This year's adjusted tax base
= Thi.~ year's effective operating rate
x 1.08 = this year's maximum operating rate
+ This year's debt rate
= This year's rollback rate Schedule A
Unencumbered Fund Balances
The following estimated balances will be left in the unit's property tax acoounts at the
end of the' fiscal year. These balances are not encumbered by a corresponding debt
obligation.
Type of Property Tax Fund
$1,646,610
$464,595,869
0.354417/$100
$1,412,671
$464,595,869
0.304064/$100
0.328389/$100
0.037497/$100
0.3658861$100
Balance
Last year's tax rate:
Last year's operating taxes
Last year's debt taxes
Last year's total taxes
Last year's tax base
Last year's total tax rate
This year's effective wrate:
Last year's adjusted taxes
(after subtracting taxes on lost property)
1 This year's adjusted tax base
(after subtracting value of new property)
= ll1is year's effective tax rate
This year's roUbaek tax rate:
Last year's adjusted operating taxes
(after subtracting taxes on lost property and adjusting
for transferred function)
$0
Schedule B
1998 Debt Service
The unit plans to pay the following amounts for long-term debts that are secured by
property taxes. lbese amounts will be paid from property tax revenues (or additional
sales tax revalues, if applicable).
Principal or Interest to be
Contract Payment Paid from Other
Description to be Paid from Property Amounts Total
of Debt Property Taxes Taxes to be Paid Payment
1962 G.O. $13,000 $1,341 $0 $14,341
Bond
1987 G.O. $45,000 $4,444 $0 $49,444
Bond
1992 G.O. $25,000 $31,761 $0 $56,761
t;.~,; Bond
p
1':( 1990 Combo $28,200 $8,327 $0 $36,527
Bond
1995 G.O. $25,000 $14,755 $0 $39,755
Bond
i
~"
I
"
$196,828 '
$0
$0
$196,828
Total required for 1998 debt service
- Amount (if any) paid froll11imds listed in Schedule A
- Exces..'l oollections last year .
= Total to be paid from taxes in 1998
+. Amount added in anticipation thatthe unit will
collect only 100.00% of its taxes in 1998 $0
= Total debt levy $196,828
This notice contains. a summary of actual effective mld rollback tax rates' calculations.
You can inspect a copy of the full calculations at 1400 Schertz Parkway Schertz
Texas.
Name of person preparing this notice: M Evelyn BoggesS
Title: Tax Assessor/Colledor
Date prepared: August 01, 1998
Notice of Public Hearing on Tax Increase
The City of Schertz will hold a public hearing on a proposal to increase total tax
revenues from properties on the tax roll by 10.60 percent. Your individual taxes
may increase or decrease, depending on the change in the taxable value of your
property in relation to the change in taxable value of all other property and the
tax rate that is adopted.
The public hearing will be held on September 9, 1998 at 7 :00 PM at Schertz
Municipal Complex COlll1cil Chambers, 1400 Schertz Parkway, Schertz TX.
FOR the proposal: Pia Jarman Joe Potempa
Norman Agee, Sr. Ken Greenwald
AGAINST the proposal: None
PRESENT and not voting: None
'"
ABSENT:
Timothy Swinney
The following table compares taxes on an average home in this taxing unit last
year to taxes proposed on the average home this year. Again, your individual
taxes may be higher or lower, depending on the taxable value of your property.
Last Year
Average residence homestead value $83,060
General exemptions available $0
(amount available on the average homestead, not including senior
citizen's or disabled person's exemptions)
This Year
$88,587
$0
Average taxable value
Tax rate
Tax
$83,060
0.355400
$295.20
$88,587
0.354400
$313.95
Under this proposal, taxes on the average homestead would increase by
$18.75 or 6.35 percent compared with last year's taxes. Comparing tax rates
without adjusting for changes in property value, the tax rate would decrease
by $0.001 per $100 of taxable value or 0.28 percent compared to last year's
tax rate. These tax rate figures are not adjusted for changes in the taxable
value of property.
PUBLISHER'S AFFIDAVIT
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THE STATE OF TEXAS,
County of Guadalupe
Before me, the undersigned authority, on this date personally appeared L. A. REYNOLDS
known
to me, who, being by me duly sworn, on his oath deposes and says that he is the Advertising Director of
Tne Seguin Gazette-Enterprise, a newspaper published in said county; that a copy of the within and fore-
going
AD
was published in said newspaper. 2
times before the return day named therein,
such publications being on the following dates:
S E P T E MB E R 2 0 ". , 1 9 9 8
SEPTEMBER 24, 1998
and a newspaper copy of which is hereto attached.
Sworn to and subscribed before me, this 28 t h day of
SEPTEMBER
A.D., 19 98
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t1"*,..........,..,~~~I\ SARAH MEDRANO S
, '~Notary PubliC Slal'- of TClGIS 'J.
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Notary Public,. Guadalupe Q)untyJ Texas
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ORDINANCE NO.. 98- T-28
LEVYING AND ASSESS-
ING ALL TAXABLE PROP-
ERTY WITHIN THE COR-
PORATE LIMITS OF THE
CITY OF SCHERTZ,
TEXAS, FOR THE YEAR
1998; PROVIDING THE
BASIS OF ASSESSMENT
OF ONE HUNDRED PER-
CENT (100%) APPRAISED
VALUE AND PROVIDING
FOR THE COLLECTION
THEREOF AT THE RATE
OF $0,3544 ON THE ONE
HUNDRED DOLLAR
($100.00) ASSESSED VAL-
UATION AND DECLAR-
ING AN EMERGENCY.
Passed, Approved and
Adopted the 15lh day of Sep-
tember, 1998.
Norma Althouse, City Sec-
retary.. ..J
ORDINANCE N
L.EVYING O. 98. T-28
ING ALL TA~1~LA8SESS-
ERTV WITHIN T E PROP_
PORATE LIMITS 6~ C~~
C7'ry-- '"".~.
TEXAS ~6 SCHERTZ
1998' PR R THE YEAR
BASIS OF ~~/DING THE
OF ONE H SESSMENT
CENT (1 oo~~~RED PER-
VALUE AND P PRAISED
FOR THE ROVIDING
THEREOF A~OLLECTtON
OF $0.3544 THE RATE
HUNDRED ON THE ONE
($100.00) ASSES DOLLAR
UATtON AND SED VAL_
ING AN EMERG DECLAR_
Passed A ENCy.
Adoptect lhe 1'::,oVed and
tember, 1998 daYOfSep..
Norma Alth .
retary. OUse, City Sec_