HomeMy WebLinkAbout1212 08-27-1996ORDINANCE NO. 1212
AN ORDINANCE ADOPTING A TAX RATE FOR THE CITY OF
EULESS FOR THE YEAR 1996; PROVIDING FOR CERTAIN
EXEMPTIONS THERETO; PROVIDING FOR PUBLICATION
AND AN EFFECTIVE DATE.
WHEREAS, on August 27, 1996, the Euless City Council held a public hearing on the
proposed budget for the fiscal year 1996 -1997; and
WHEREAS, the proposed budget for the fiscal year 1996 -1997 was approved and adopted
by the Euless City Council at regular meeting on August 27, 1996; and
WHEREAS, on August 27, 1996, the Euless City Council held a public hearing on the
proposed tax rate; and
WHEREAS, all citizens and interested persons were given an opportunity to be heard
regarding the proposed budget and proposed tax rate; and
WHEREAS, due notice of such meetings was published according to law; and
NOW, THEREFORE, BE IT ORDAINED BY THE CITY COUNCIL OF THE CITY OF
EULESS,TEXAS:
SECTION 1
THAT the official ad valorem tax rate for the City of Euless for the calendar year 1996 be
and the same is hereby adopted by the Euless City Council as hereinafter set forth.
SECTION 2
THAT there shall be and there is hereby levied the following taxes on each one hundred
dollars ($100.00) valuation on all taxable property within the City of Euless, Texas, to be
assessed and collected by the Tax Assessor and Collector for the year, and collected for
the purposes hereinafter stipulated, to -wit:
(a) For the General Fund levied on $100 valuation
...... $0.354869
(b) For the Interest and Sinking Fund levied on the
$100 valuation
...... $0.190111
SECTION 3
THAT there shall be exempted from the valuation of all residential homesteads for which
proper application shall have been made, an amount equal to twenty percent (20 %) of the
assessed value of such residential homestead. The exemption shall be granted to any
such residential homestead and improvements qualifying for same as provided by law.
SECTION 4
There shall be exempted the sum of Thirty Thousand Dollars ($30,000.00) of the assessed
value of residence homesteads of residents of the City of Euless, Texas, who are sixty -five
(65) years of age or older, from all ad valorem taxes thereafter levied by such City.
SECTION 5
That there shall be exempted from the valuation a portion of all residential homesteads for
which proper application shall have been made in accordance with the following schedule
as allowed by the Property Tax Code, Section 11.22. Disabled Veterans:
SECTION 6
That the taxes assessed and levied hereby are due and payable on October 1, 1996 and
shall be payable not later than January 31, 1997. The penalties and interest provided for
shall accrue after this date. However, if the entire taxes due are paid in full by January 31,
no penalty or interest shall be due.
SECTION 7
THAT in addition to the taxes assessed and levied herein, there is also assessed and
levied a penalty for the failure to pay taxes due as state law describes.
SECTION 8
THAT in addition to the taxes and penalty and interest assessed and levied herein, there is
also assessed and levied a 15°x6 collection fee on all taxes and penalty and interest that
become delinquent and remain unpaid on July 1.
Ordinance No. 1212, Page 2 of 3
for a disability rating of
An exemption of up to:
at least
but not greater than
$5,000 of the assessed value
10%
30%
$7,500 of the assessed value
31%
50%
$10,000 of the assessed value
51%
70%
$12,000 of the assessed value
70% and over
SECTION 6
That the taxes assessed and levied hereby are due and payable on October 1, 1996 and
shall be payable not later than January 31, 1997. The penalties and interest provided for
shall accrue after this date. However, if the entire taxes due are paid in full by January 31,
no penalty or interest shall be due.
SECTION 7
THAT in addition to the taxes assessed and levied herein, there is also assessed and
levied a penalty for the failure to pay taxes due as state law describes.
SECTION 8
THAT in addition to the taxes and penalty and interest assessed and levied herein, there is
also assessed and levied a 15°x6 collection fee on all taxes and penalty and interest that
become delinquent and remain unpaid on July 1.
Ordinance No. 1212, Page 2 of 3
SECTION 9
Effective Date. This ordinance shall be in full force and effect after its passage and
publication as provided by the Euless City Charter and the laws of the State of Texas.
PRESENTED AND APPROVED after First and Final Reading at a regular meeting of the
Euless City Council on the 10th day of September, 1996, by a vote of 7 ayes, o
nays, and 0 abstentions.
APPROVED:
Mary Lib galeh, Mayor
ATTEST:
Susan Crim, C C, City Secretary
AP OV '464Z
-ffob'WrcFarland ityAtforney
Ordinance No. 1212, Page 3 of 3