HomeMy WebLinkAboutOrdinance 0980
ORDINANCE NUMBER 980
AN ORDINANCE PROVIDING FOR THE LEVY AND COLLECTION OF AN AD VALOREM
TAX ON PROPERTY SITUATED WITHIN THE CORPORATE LIMITS OF THE CITY OF
NORTH RICHLAND HILLS, TEXAS, ON THE FIRST DAY OF JANUARY, 1982, EXCEPT
SUCH PROPERTY AS MAY BE EXEMPT FROM TAXATION BY THE CONSTITUTION AND
THE STATUTES OF THE STATE OF TEXAS, ESTABLISHING A DELINQUENT DATE;
AND SETTING THE RATE OF PENALTY AND INTEREST AND PRESCRIBING ATTORNEY'S
FEES TO BE COLLECTED ON DELINQUENT TAXES; DECLARING A FIRST AND PRIOR
AND SUPERIOR LIEN ON ALL REAL PERSONAL PROPERTY AS OF JANUARY 1ST,
1982, TO SECURE PAYMENT; ORDAINING OTHER MATTERS RELATING TO THE SUB-
JECT AND DECLARING AN EFFECTIVE DATE.
BE IT ORDAINED BY THE CITY COUNCIL OF THE CITY OF NORTH RICHLAND HILLS,
TEXAS:
1.
That there is hereby levied and shall be collected as provided by law an
ad valorem tax for the year 1982 on all property, real and personal, except such
property as may be exempt from taxation by the Constitution and the statutes of the
State of Texas, situated within the corporate limits of the City of North Richland
Hills, Texas, on January 1, 1982, and that the amount to be applied to the value of
such property shall be $0.60 per $100.00 valuation.
2.
That the tax so levied and assessed shall be apportioned to the following
accounts and funds in the amount set forth:
General Fund:
Debt Service Fund:
$0.38
$0.22
Collections of taxes levied shall be deposited to the credit of each of the above
accounts and funds in their proportionate share of the total levy and after taking
into consideration a three percent (3%) uncollectable factor which is to be accounted
for in the General Fund.
3.
That the taxes provided for herein are in accordance with the appropriate
State statutes.
4.
Ad valorem taxes levied by this Ordinance shall be due and payable on
October 1, 1982, and shall become delinquent on the first day of February, 1983.
Payment of such tax is due in one full installment.
ORDINANCE NO. 980
Page 2
5.
If the tax is upaid after February I, 1983, such tax will become delinquent
and penalty and interest will attach and accrue as provided by the Statutes of the
State of Texas including Articles 1060a and 7336, V.A.T.C.S.
6.
In the event the taxes become delinquent and in the event such delinquent
taxes are referred to an attorney for collection, an additional amount of fifteen
percent (15%) of the total amount of tax, penalty and interest then due shall be
added as collection costs and paid by the taxpayer.
7.
Taxes herein levied and uncollected shall be a first, prior and superior
lien against the property, and the said lien shall be superior liens, charges, and
encumbrances, and such lien shall attach to personal property with the same priority
as to real property.
8.
The lien provided herein shall be attached as of January I, 1982.
9.
Should any section, provlslon or clause of this Ordinance be declared
by a court of competent jurisdiction to be invalid, the same shall not affect the
validity of this Ordinance as a whole or any part thereof other than the part so
declared to be invalid.
10.
This Ordinance shall become effective from and after the date of its
approval and adoption as provided by law.
PASSED ANDI ) APPROVED by the City Council of the City of North Richland Hills,
Texas, upon first and final reading, at a regular meeting on the 11th day of
October, 1982.
ì 1\ .", ~_,_j¡.,
v' l ( <. -/.:,. , '/n?'"
Dick Faram - Mayor
ATTEST:
Yn~
lfuore - City Secretary
APP~AND LEGALITY:
Rex McEntire - City Attorney
DATE: October 11, 1982
SUBJECT:
1982 Tax Rate Calculation
_0__'_-.-
--'--
---
~-'--"-'-'
DEPARTMENT:
Administration
ßACKGROUND:
Attachment 1 (Line 1), is the 1982 net certified taxable value as
,.
provided by the Tarrant Appraisal District ($673,353,175). The bottom line on
Attachment 1 is the calculated 1982 total taxable value of all property ($621,889,157)
after adjusting for the Appraisal Review Board's (TAD) announced intent to roll back
~.ª=!_~ valuatio~:;; on single family residences in the Birdville 1. S.D. Attachment l-A
contains the calculations needed to determine the effect of a ten percent.roll back off
.éill single family homes in North Richland Hills. Attachment l-B is the calculations
needed to arrive at 'an additional 15 percent reduction in valuations off 1981 new sinqle
f3,~gyJ12~e§.:__~~:t..9.-~h~e.llJ.___1--C is th_e ca),Eyl~.tio_~ê__\!.~e_<L1:.2-.9-rrive_ at the 1982 adiusted
I
new construction fi~~E_e, taking into__ account the 10% and 15% reductions. Attachment 2
__~~ a copy of the work sheet used to arrive at our _l9~~.~te which is
dr>!:.?pose<:!... to J)~_:s..et__tonig?~__ at }O. 60 per $100 based on 100 percent valuation. Attachment 3
__~_~_!:he sample calcu.!~~i()Il whic~ ha~_.Þ~.~.Il_R~_!_~.sh~d_~nJ:.~_o.f_~~_ci~! city newspaper.
Th:h§>_~().~.E)g...rél_1::~ ~_i}:LÞ_~__ suf f i£~en t__1::()__~.~_1:._...9~~udget e.}{pendi tU.Ee s
requirements for the coming year, provided the assumptions made in
are reasonably valid.
CfTY COUNCIL ACTION REQUIRED:
and debt service
these calculations
.._.ê§!_1:._19_E!~..!~}{_E.?1:.e a .1:..__~Q. 60 ( 1981 rate was $0.69).
----"-----_.~_...._._..,_._- --.-
--_._--~_...._._----,-
-~~-----_._.._._---~-
F'OL'En lTI{!<:: ~
""'S'
L.tl.,,_
NO
-,.,.~.,.__.._.---
¡\CCOUNT NUMBER:
-.----------------------------------------------------------------------------------------
ATTACHMENT 1
Net Certified Taxable Value 1982
Less: New Construction 1982
1982 Taxable Values Less New Construction
Less: 10% Off All Single Family Homes
Less: 15% 1981 New Construction
Plus: 1982 New Construction
$673,353,175
( 22 , 84 5 , 6 72
650,507,503
(45,535,525) *
(1,930,500) **
Attachment l-A
Attachment l-B
18/847,679 *** Attachment l-C
1982 Total Taxable Value of All Property
$621,889,157
ATTACHMENT l-A
1982 Tax Roll, Less New Construction
Single Family portion of 1981 Tax Roll
Calculated 1982 Single Family Tax Roll
Overall Reduction
Tax Roll Loss Due to 10% Reduction Off All
Single Family Homes
$650,507,503 *
70%
$455,355,252
10%
$ 45,535,525
.
ATTACHMENT l-B
Average price Home
$ 65,000 **
198
$12,870,000
15%
$ 1,930,500
# of Homes Completed per City Permit Records
Construction Cost
Announced Reduction by TAD
15% 1981 New Construction Reduction
ATTACHMENT l-C
New Construction 1982
Assumed Single Family Construction per
1981 Tax Breakdown
Rollback of 10% Overall and 15% New
Construction
Deduction from 1982 New Construction
1982 New Construction
25% Deduction
1982 New Construction Adjusted
$22,845,672 ***
70%
15,991,970
25%
3,997,993
22,845,672
(3,997,993)
$18,847,679
'0 _. .....
Sample Worksheet
for the Calculation of
the Effective Tax Rate
by Cities & Special Districts
ATTACHMENT 2
L ASSUMPTIONS
1.1981 Total Tax Levy from the 1981 Tax Roll ....................:-..:..............
2. 1981 Tax Rate (5 ÆM&.O and 5 ' » I&S]....................... ~..............
3.1981 Debt-Service (1&5) Levy.............................~....................
4. 1981 Maintenance and Operation (M&O} Levy. . .. . . . .. . . .. .. . . . . . . . . . .. . . . ... . .. .
5. 1981 T'ixes Levied for Maintenance and Operation (M&O) on Property in Territory
that Has Ceased to be a Part of the Unit in 1982........ . . . . . . .. .. .. .. . . . . .. .. . . ..
6. 1981 Taxes LeyJed for Maintenance and Operation (M&O) on Taxable Value of
Property Becoming Exempt in 1982 .................... * . . . . . . . * . * . . . *0... . . ... .... S
7. 1981 Taxes Levied for Maintenance and Operation (M&O) 'on Taxable Value of
Property Lost Because Property is Required to be Appraised in 1982 at Less than
Market Value............ .................... .. *........... .. ...................
8. 1982 Total Taxable Value of All Property .............. . . . . . . . . . . . . . . . .. . . . . . . ...
9. 1982 Taxable Value of New Improvements Added Since January I, 1981...........
10. 1982 Taxable Value of Property Added Since January 1, 1981, by Annexation of
Terri tory .................... * . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . .
11. 1982 Tax Levy Needed to Satisfy Bonded Indebtedness or Debt Service (I&S]......
n. CALCULATION
MAINTENANCE AND OPERATION (M&O) TAX RATE FOR 1982
1. (A) 1982 Total Taxable Value of All Property (Assumption No.8) .................
(B) Subtract 1982 Taxable Value of New Improvements Added (Assumption No.9)
(C) Subtract 1982 Taxable Value of Property Added by Annexation (Assumption No.
10) ......................................................................
(D) Adjusted 1982 Taxable Value for Calculation. . . . . . . . . . . . . . . . . . . . . . . . . . . . . . .. ..
2. (A) 1981 Total Tax Levy from the 1981 Tax Roll (Assumption No.1) . . . . . . . .. . . . . . .
(B) Subtract 1981 Taxes Levied for Maintenance and Operation (M&O) on Property in
Territory that Has Ceased to be a Part of the Unit in 1982 (Assumption No.5)
(C) Subtract 1981 Debt Service (I&S) Levy (Assumption No.3) ................
(DJ Subtract 1981 Taxes Levied for Maintenance and Operation (M&O) on Taxable
Value of Property Becoming Exempt in 1982 (Assumption No.6) ...........
10
$ 1 :J (, t; d.01
s , b '1 /$100
$ /: ()Ç/:2~ / ~
s d, J:JS- t ÇL ð--
5
-0-
7 ~..s"
-... ,"
$ I;¿ J,S ~
sc, :2. / %R7/07
$ / ff~ íf h ? 9
_ò-
$
$ ~3t ~;¿o D
I
I
'. -
-:;:.
s ~jjY2~~7,
- $ / áJ~7'~t-? c¡
-c9 -
-$
$ 0 D3, O<)~4-71
$ ~,d¡'%,J.01.
-$
-0 -
- s / {)/"-.31 fø '
I /
- s r;¿S¡.
COMPLIANCE:'S2
(E) Subtract 1981 Taxes Levied for Maintenance and Operation (M&O) on Taxable
, '.
Value of Property Lost Because Property is Required to be Appraised in 1982 at Less
than Market Value (Assumption No.7)..................................... . . - $ / :¿r2ó 0
. .'O¡
(F) Adjusted 1981 Tax Levy fer Calculation....................................... $ :¿ ;¿¿}~o,;¿ 1
/ 1-
3. (A] Adjusted 1981 Tax Levy for Calculation (2F above)............................ $ ,;)~¿}~.(}c29
/,~ I /
(B) Divide'd by Adjusted i982 Taxable Value for Calculation (lD above) ~......... + $ (,?tJ/¿J4~'/?o ø
Multiplied by $100 Valuation ....................................:;............ I~O.3/¿,SiI X $100
(C) Calculated Maintenance and Operation (M&O) Rate For 1982 .................. $ I~¿..s-f/ /S100
INTEREST AND SINKING RATE FOR 1982
4. (A) 1982 Tax Levy Needed to Satisfy Bonded Indebtedness or Debt Service (1&5)
(Assumption .No. 11) .....................................................................................................
(B) 1982 Total Taxable Value of All Property (Assumption No.8) . . . . . . . . . . . .. .. . ..
[C) Divide the Adjusted 1982 Tax Levy for Debt Service (1&5) (4A above) by the
Adjusted 1982 Taxable Value for 1&5 (4B above}....................
($
. + $
J ...... ........ ............ ................ .............
Multiplied by $100 Valuation.................................................. ........ .... ................... .........
[D) Calculated Interest and Sinking (1&5) Rate for 1982 ...........................
$ ~3¿ f~t)(;; . .
$ ¿,~~ g~ J.s-?,
:.,. .
$ / J 6 fj,;Lt)O
I I
$ &{l 'l tg~Jó7
t O()~,-/)ÖcJ' X S100
$ , ~~,,~O /$100
5. (A) Calculated Maintenance and Operation (M&O) Rate for 1982 (3C above) ....... $ IJ¿,s-<[ I /$100
(B) Add Calculated Interest and Sinking (1&:5) Rate for 1982 (4H above) ....... ... + $ I ~;;2.0~O /$100
(C) Calculated 1982 Effective Tax Rate
....... ............. .......................
$ I,sSSfl-
.-
.,'
1982 Effective Tax Rate is the tax rate published by the tax assessor, as required by Sec.' I'
26.04 of the Property Tax Code. See sample form. on page 18.
Ill. MAXIMUM TAX RATE
1. (A}Calculated 1982 Effective Tax Rate (5C above) ................................ $ ,,s-l.s<¡ ¡-- /$100
(B) Multiplied by Three Percent (3%) ......................................... ... X .03
(C) Equals Amount of Increase Allowed by Code. . . . . . . . . .. . . . . . . . . . .. . . . . . . . .. . .. $' Ó /1 S?
(D) 19:2 Maximum Tax Rate (IA + lC, above).................................... $ , bÔ.3Jg 1$100
'"'
\
,
1982 Maximum Tax Rate is the tax rate which. if exceeded. triggers the public notice ani(
public hearing requirements of Sec. 26.06 of the Property Tax Code. See sample notices on
page 21 and 22.
COMPLIANCEI'82
".
/
11
ATTACHMENT 3
NOTICE OF CALCULATION OF EFFECTIVE TAX RATE
AND PUBLICATION OF ESTIMATED UNENCUMBERED FUND BALANCES
I, Rodger N. Line, City Manager for the City of North Richland Hills, Texas,
in accordance with the provisions of Section 26.04 of the Property Tax Code,
have calculated the tax rate which may not be exceeded by more than three
percent by the governing body of the City of North Richland Hills without
holding a public hearing as required by the code. That rate is as follows:
$.58581 per $100 of value.
The esti~ted unencumbered balanGes for Maintenance and Operation fund:
$2,746,177
,.'
The estimated unencumbered balances for Interest and Sinking fund:
$1,142,204
Rodger N. Line
City Manager
City of North Richland Hills, Texas_
Date:
CALCULATIONS USED TO DETERMINE
EFFECTIVE TAX RATE
I. ASSUMPTIONS
1. 1981 Total Tax Levy from the 1981 Tax Roll
2. 1981 Tax Rate ($0.47 M&O and $0.22 I&S)
3. 1981 Debt Service (I&S) Levy
4. 1981 Maintenance and Operation (M&O) Levy
5. 1981 Taxes Levied for Maintenance and Operation (M&O) on
Property in Territory that has Ceased to be a Part of the
Unit in 1982
6. 1981 Taxes Levied for Maintenance and Operation (M&O) on
Taxable Value of Property Becoming Exempt in 1982
7. 1981 Taxes Levied for Maintenance and Operation (M&O) on
Taxable Value of Property Lost Because Property is Required
to be Appraised in 1982 at Less than Market Value
8. 1982 Total Taxable Value of All Property
9. 1982 Taxable Value of New Improvements Added Since
January 1, 1981
10. 1982 Taxable Value of Property Added Since January 1, 1981
by Annexation of Territory
11. 1982 Tax Levy Needed to Satisfy Bonded Indebtedness or Debt
Service (I&S)
II. CALCULATION
MAINTENANCE AND OPERATION (M&O) TAX RATE FOR 1982
l. (A) 1982 Total Taxable Value of All property (Assumption No.8)
(B) Subtract 1982 Taxable Value of New Improvements Added
(Assumption NO.9)
(C) Subtract 1982 Taxable Value of Property Added by Annexation
(Assumption No. 10)
(D) Adjusted 1982 Taxable Value for Calculation
$ 3,268,259
$ 0.69/$100
$ 1,042,316
2,225,943
$
$
7,659
$
12,255
$621,889,157
$ 18,847,679
$
$ 1,368,200
$621,889,157
-$ 18,847,679
-$
$603,041,478
2. (A) 1981 Total Tax Levy From the 1981 Tax Roll (Assumption No.1)
(B) subtract 1981 Taxes Levied for Maintenance and Operation
(M&O) on property in Territory that Has Ceased to be a Part
of the Unit in 1982 (Assumption No.5) -$
(C) subtract 1981 Debt Service (I&S) Levy (Assumption NO.3)
(D) Subtract 1981 Taxes Levied for Maintenance and Operation
(M&O) on Taxable Value of Property Becoming Exempt in 1982
(Assumption No.6)
(E) Subtract 1981 Taxes Levied for Maintenance and Operation
(M&O) on Taxable Value of property Lost Because Property
is Required to be Appraised in 1982 at Less than Market
Value (Assumption No.7)
(F) Adjusted 1981 Tax Levy for Calculation
3. (A) Adjusted 1981 Tax Levy for Calculation (2F Above)
(B) Divided by Adjusted 1982 Taxable Value for Calculation (lD
Above)
Multiplied by $100 Valuation
(C) Calculated Maintenance and Operation (M&O) Rate for 1982
INTEREST AND SINKING RATE FOR 1982
4. (A) 1982 Tax Levy Needed to Satisfy Bonded Indebtedness or Debt
Service (I&S) (Assumption No. 11)
(B) 1982 Total Taxable Value of All Property (Assumption No.8)
(C) Divide the Adjusted 1982 Tax Levy for Debt Service (I&S)
(4A Above) by the Adjusted 1982 Taxable Value for I&S
(4B Above)
($1,368,200 ~ $621,889,157)
Multiplied by $100 Valuation
(D) Calculated Interest and Sinking (I&S) Rate for 1982
5. (A) Calculated Maintenance and Operation (M&O) Rate for 1982
(3C Above)
(B) Add Calculated Interest and Sinking (I&S) Rate for 1982
(4H Above)
(C) Calculated 1982 Effective Tax Rate
1982 Effective Tax Rate is the tax rate published by the tax
assessor, as required by Section 26.05 of the Property Tax
Code.
$ 3,268,259
-$ 1,042,316
-$ 7,659
-$ l2,255
$ 2,206,029
$ 2,206,029
-$603,041,478
$.0036581 x $100
$.36581/$100
$ 1,368,200
$621,889,157
$ 1,368,200
$621,889,157
$.0022000 x $100
$.22000 x $100
$.36581/$100
+$.22000/$100
$.58581
III. MAXIMUM TAX RATE
l. (A) Calculated 1982 Effective Tax Rate (5C Above)
(B) Mul tiplied by Three Percent (3%)
(C) Equals Amount of Increase Allowed by Code
(D) 1982 Maximum Tax Rate (lA + lC Above)
$.58581/$100
x .03
$.01757
$.60338/$100
1982 Maximum Tax Rate is the tax rate which, if exceeded, triggers
the public notice and public hearing requirements of Section 26.06
of the Property Tax Code.
-.'