96-T-31 Taxes
ORDINANCE NO.
1/6-/-3/
AN ORDINANCE
LEVYING AND ASSESSING ALL TAXABLE PROPERTY WITHIN
THE CORPORATE LIMITS OF THE CITY OF SCHERTZ,
TEXAS, FOR THE YEAR 1996; PROVIDING THE BASIS OF
ASSESSMENT OF ONE HUNDRED PERCENT (100%)
APPRAISED VALUE AND PROVIDING FOR THE COLLECTION
THEREOF AT THE RATE OF $0.3719 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 $0.3719
on the one hundred dollar ($100.00) assessed valuation for
the year 1996.
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
$0.3117
(B) For requirements of the Tax Bond
Interest and Sinking Fund to meet
the outstanding tax supported
ingebtedness of the City for fiscal
_J~~!:~J2@~~99L~
TOTAL TAX RATE
$0.0602
$0.3719
The Director of Finance has certified to the
availability of funds to pay principal and interest on the
following indebtedness during the Fiscal Year 1996-1997.
DATE OF ISSUE
1962 City of Schertz, Sewer System Bonds
Principal
Interest
$12,000.00
2,247.50
Total
$14,247.50
1987 City of Schertz, General
Obligation Bonds
Principal
Interest
$35,000.00
9,731.25
Total
$44,731.25
1990 City of Schertz, Combination
Tax and Limited Pledge Revenue
Certificates of Obligation
Principal
Interest
$23,500.00
12,195.32
$35,695.32
Total
1992 City of Schertz Street
Improvement General Obligation
Principal
Interest
$25,000.00
35,386.26
$60,386.26
Total
1995 City of Schertz
Principal
Interest
$48,000.00
18,174.88
$66,174.88
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 1996, such basis of assessment being required to
meet the proposed expenditures of the General Fund for the
Fiscal Year 1996-1997 and collection of taxes thereof at
the rate of $0.3719 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 !!Id.-day of J~,
1996.
~~~
Mayor, City of Schertz, Texas
ATTEST:
~ ~~L~eJ
Ci Y Secretary, City of Schertz
(SEAL OF CITY)
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PUBLISHER'S AFFIDAVIT
ept:J~D-J;-:;r
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(1'+ ff f) '), ,tvg
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 Publisher 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
2 times before the return day named therein, such
publications being on the following dates:
SEPTEMBER 22, 1996
SEPTEMBER 26, 1996
and a newspaper copy of which is hereto attached. ~~~_
~
)
Sworn to and subscribed before me, this 30th day of SEPTEMBER
A.D., 19 Q6 .
~UTH AYERS
N01llJy Publk:. Stl" 01 Tea;
MyCOr/ImtsllIon ElcpIms 12-21-1999
Notary Public, Guadalupe County, Texas
11 0 Legai Notices
-
11 0 lal, Jtices
ORD:NANCE NO. 96-T-31
ORDINANCE NO. 96- T -31 Levying and assessing all
Levying and assessing all taxable property within the
taxable property within the corporate limits of the City
corporate limits of the City of Schertz, Texas, for the
of Schertz, Texas: for the year 1996; providing the
. . basis of assessment of one
yea~ 1996; providing the hundred percent(1000;g)ari-
baSIS of assessment of one~!:!.l(~ueaJ:utRtQ.\LiQi!l9,.,
'hundred percent (100%) ap- for the collect on thereof at
praised value and providing . the rate of 0.3m on the one
for the collect on thereof at hundred dollar ($100.00)
the rate of 0.3719 on the one' I asseSsed valuation; and de-
hundred dollar ($100.00) claring an emergency.
assessed valuation; and de- Passed, Approved and
claring an emergency. Adopted the 17th day of Sap-
Passed, Approved and tember, 1996.
Ac/optecJ the 17th day of Sap- Norma Althouse \ .}
tember, 1996. City Secretary.
Norma Althouse, City See- I
retary. .
r-:-(~Pt:R""'7
.:>"-11"",,, .. A. "-'
? 0 DRA'(>.JER 1
SCHERTZ
L
mbt ~tguin ~a?tttt-(fnttrpri!)t
P.O. BOX 1200
SEGUIN, TEXAS 78156-1200
PHONE (210) 379-5402
I
RECEIVED SE? 0 4 1998
AUGUST 3 i, i 99.::;.
AceT #
717250
r;:( 78154
-.l
I I I I I
DATE REF. DESCRIPTION INCHES RATE CHARGES PAYMENTS AMOUNT
8 -27-96 1 .0 c ---A-- E/R 31 50 7 1 cJii:::9 IJ A/J~ 223 97
A. . 1-<:-':;1. lL . . ... ~.!J~ I .
8-27 -S'6 i ;CHE:r;:TZ :3}~1 0 "' 31 50 " < ~'" '-""" ~ 44 7 .~,'i
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-
I}UE Af'JD PAY.!:..' H ;::' t..:?ON l~~C:.t; rHY .
~~
.ALANCE FORWARD TOTAL PAYMENTS EARNED RATE TOTAL. INCHES BALANCE DUE
" D u
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0 .
. u '~
0 00 C.: 0 ,., 00 447 . -:;'4
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~be ~eguin ~a~ette-(fnttrpri5e
P.O. BOX 1200 SEGUIN, TEXAS 78156-1200 (210) 379-5402
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Schedule A
Unencumbered Fund Balances
Thefouowirigestimated balances Will be left iri the unit's Pfopetty taX accounts at the end of the fiscal year. these balances
ace not encumbered by a corresponding debt obligation.
Type of Property Tax Fund
.Maintenance & Operation Fund
Balance
$411,000.00
Schedule B
1996 Debt. Service
The unitl'bns to pay me following amounts for long-cerm debts that are secured by property t2Xes. These amounts will
be paid from property t2X revenues (or additional sales tax revenues, if applicable).
Principal o,r Interest to be
. D~ption of~ebt Contract Payment Paid from Other Amounts Total
'\1> to be Paid from Property to be Paid Payment
Gene ra 1 . Ob-l i ga tion Bon ds Property Taxes Taxes
1962 G.O. $ 12,000.00 $ 2247.50 $ -0- $14,247.50
1987 G.O. 35 ,000. 00 97.31.25 -0-. 44,731.25
1992 G.O. 25,000.00 35,386.26 -0- 60,3816.26
1995 G.O. 48,000.00 18,174.88 -0- 66,174.88
1990 i Combo 23,500.00 12,195.32 -0- 35 ,695 ~ 32
TOTALS 143,500.00 77.735.21 -0- 221,235.21
TOW required for 1996 debt service
Amount ('If any) paid from funds listed in Schedule A
~ coUections last year
, -' Tocaho be paid from taXes in 1996
-+ AmoUnt added in antidpation that me unit will
colleCt only 98 % of its taxes in 1996
- 'Total.Debt Levy:
$
$
$
$
221.235.21
o
o
221,235.21
$
$
4,514.79
225~750.00
,./',
"., ,,:.~'~',7-~,.-'---~- -----~ -- -'-- - ~- - - ~ - -- - --- --- ----~-._----.-:.-
:,'~~.~~~,asummatyof aaual effeaive and roUback tax Gites' calculations. You Can ins~ a copy of the full
,: ~at'~'~~rf-7. Ci~ HalL 1400 Scherl:zParkwav, Schertz, TX
,~()f~prq)aring thiS notice, Evelvn B:)qqess '
,:11de,':'rTax'Collector
'~, :Date.... ";,,~. ;'\:d~AUQust 22 1996
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1996
Proper~y Tax Rates in city of Schertz
This notice concerns Ci tv of Schertzpreperty tax rates for 1996... It'
,
presents information about three tax rates. Last year's tax rate is the actUal rate the taxing unit used to
determine property taxes last year. This year's'effective tax rate would impose the same total taxes 'as
last year if you compare properties taxed in both years. This yea(s rollback tax rate is the highest tax
rate the taxing unit can set before taxpayers can stan tax rollback procedures. In each ~ these rates
are found by dividing the total amount of taxes by the tax base (the total value of taxable property) with
adjustments as required by state law. The rates are given per $100 of property value.
Last year's tax rate:
Last y~r's. operating taxes
Last year's debt taxes
Last year's total taxes
Last year's tax base
Last year's total tax rate.
This year's effective tax rate:
. Last year's adjusted taxes
(after sl,lbtracting taxes on lost property)
..,.. This year's adjusted tax base
,(aIter subtracting value of pew property)
co This year's effective tax rate
x 1.03-maximum rate unless unit publishes
:riotices and holels hearing
This year's rollback tax rate:
, I.:a$t year's, adjQSted operating taxes
. .<~er subt:racting taxes on lost.property and
'.. ..adjus.ting for transfelJed function)
,I ,.,. +.nus ~$ adjUSted tax base
:t,'j'f~::n'1"~ ..... !:' . ::";:"'/i~rate
'1P.~rl~~~ . . . '~$~tl1 operatihgrate
i";',~i~:;~~~.~~~rat~:r;;:~'~, .-"
. ..'.',.;'.....:;..... c'''',,',:. _ '.
l.,';'r;",."~ ~~s roUback rate
,~:(/' \"\',
$
$
$
$
$
1,.129,853
230,514
1,360,367
334,078,393
.4072
$
1,331,970
$
348,764,888
$
.3819
$
.3934
$
$
$
$'
$
1,106,390
348,764,888
. 3~ 72
...,. 3426
. 060.2
.4028
$
/$100
/5100
/$100
/$100
/$100
/~1()()
/$100