HomeMy WebLinkAboutOrdinance No. 2016-42 i
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(Title: An ordinance providing for the levy and collection of ad valorem taxes of the City of
Friendswood, Texas, for the tax year commencing October 1, 2016, and ending September
30,2017.)
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ORDINANCE NO. 2016-42
AN ORDINANCE PROVIDING FOR THE LEVY AND
COLLECTION OF AD VALOREM TAXES OF THE CITY
OF FRIENDSWOOD, TEXAS, FOR THE TAX YEAR
COMMENCING OCTOBER 1, 20169 AND ENDING
SEPTEMBER 30, 2017; PROVIDING THE DATE ON
WHICH SUCH TAXES SHALL BE DUE AND PAYABLE;
PROVIDING FOR PENALTY AND INTEREST ON ALL
TAXES NOT TIMELY PAID; PROVIDING FOR
SEVERABILITY; AND REPEALING ALL ORDINANCES
OR PARTS OF ORDINANCES INCONSISTENT OR IN
CONFLICT HEREWITH.
WHEREAS, Section 26.05 of the Texas Property Tax Code provides that before the
latter of September 30th or the 60th day after the date the City receives the certified appraisal roll
the City Council shall adopt a tax rate for the current tax year; and
WHEREAS, such Section further provides that where the tax rate consists of two
components (one which will impose the amount of taxes needed to pay the City's debt service
and the other which will impose the amount of taxes needed to fund maintenance and operation
expenditures for the next year), each of such two components must be approved separately; and
WHEREAS, the proposed tax rate for the current tax year of the City of Friendswood,
Texas, consists of two such components, a tax rate of$0.0840 for debt service and a tax rate of
$0.4620 to fund maintenance and operation expenditures; and
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WHEREAS, by separate motions heretofore adopted by the City Council of the City of €
Friendswood, Texas, at a regular meeting of City Council held on this 3rd day of October,2016,
said City Council has approved separately the tax rate heretofore specified for each of said
components; and
WHEREAS, all notices and hearings required by law as a prerequisite to the passage,
approval, and adoption of this Ordinance have been timely and properly given and held; now,
therefore
NOW, THEREFORE, BE IT ORDAINED BY THE CITY COUNCIL OF THE CITY OF
FRIEN S OOD, STATE OF TEXAS:
Section 1. The facts and matters set forth in the preamble of this Ordinance are found
to be true and correct and are hereby adopted, ratified, and confirmed.
Section 2. There is hereby levied, for the tax year commencing October 1, 2016 and !
ending September 30, 2017, to fund the City's fiscal year 2016-2017 municipal budget, an ad
valorem tax at the total rate of $0.5460 on each One Hundred Dollars ($100) of assessed
valuation on all property, real, personal, and mixed, within the corporate limits of the City, upon
which an ad valorem tax is authorized by law to be levied by the City of Friendswood, Texas.
All such taxes shall be assessed and collected in current money of the United States of America.
THIS TAX RATE WILL RAISE MORE TAXES FOR MAINTENANCE
AND OPERATIONS THAN AST YEAR'S TAX RATE
ILL EFFECTIVELY BE RAISED Y 2.1025 PERCENT AND WILL
RAISE TAXES FOR A ENA CE AND OPERATIONS ON A $1009000
HOME BY APPROXIMATELY $8.99.
Section 3. Of the total tax levied in Section 2 hereof, $0.4620 is levied to fund
maintenance and operation expenditures of the City for the fiscal year 2016-2017.
Section 4. Of the total tax levied in Section 2 hereof, $0.0840 is levied for the
purpose of paying the interest on bonds, warrants, certificates of obligation, or other lawfull
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authorized evidence of indebtedness issued by the City of Friendswood, Texas, including the
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various installments of principal due on the serial bonds, warrants, certificates of obligation, or
other lawfully authorized evidence of indebtedness Issued by the City, as such Installments shall
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respectively mature in the fiscal year 2016-2017.
Section 5. All ad valorem taxes levied hereby, in the total amount of$0.5460 on each
One Hundred Dollars ($100.00) of assessed valuation, as reflected by Sections 2, 3, and 4 hereof,
shall be due and payable on or before January 31, 2017. All ad valorem taxes due the City of
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Friendswood, Texas, and not paid on or before January 31St following the year for which they
were levied, shall bear penalty and interest as prescribed in the Texas Tax Code.
Section 6. In the event any clause,phrase,provision, sentence, or part of this Ordinance
or the application of the same to any person or circumstance shall for any reason be adjudged
invalid or held unconstitutional by a court of competent jurisdiction, it shall not affect, impair, or
invalidate this Ordinance as a whole or any part or provision hereof other than the part declared to
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be invalid or unconstitutional; and the City Council of the City of Friendswood, Texas, declares that
it would have passed each and every part of the same notwithstanding the omission of any such part
thus declared to be invalid or unconstitutional,whether there be one or more parts.
Section 7. All ordinances and parts of ordinance in conflict herewith are, to the
extent of such conflict,hereby repealed.
PASSED, APPROVED, AND ADOPTED on first and final reading this 3rd day of
October,2016.
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Kevin Holland
Mayo {k
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ATTEST:
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Melinda Welsh, TRMC
City Secretary u
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