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HomeMy WebLinkAboutOrdinance 3476 ORDINANCE NO. 3476 AN ORDINANCE SETTING THE TAX RATE; LEVYING AND ASSESSING GENERAL AND SPECIAL AD VALOREM TAXES FOR THE USE AND SUPPORT OF THE MUNICIPAL GOVERNMENT OF THE CITY OF NORTH RICHLAND HILLS, TEXAS; APPORTIONING THE LEVIES FOR SPECIFIC PURPOSES; PROVIDING A SEVERABILITY CLAUSE AND PROVIDING AN EFFECTIVE DATE. WHEREAS, the City of North Richland Hills is a home rule city acting under its charter adopted by the electorate pursuant to Article XI, Section 5 of the Texas Constitution and Chapter 9 of the Local Government Code; and WHEREAS, the City Manager of the City of North Richland Hills submitted a tax rate proposal to the City Council prior to the beginning of the fiscal year, and in said tax rate proposal set forth the estimated necessary tax rate required to provide adequate revenues for the general use and support of the Municipal Government of the City of North Richland Hills; and WHEREAS, the City Council finds that all provisions pertaining to the adoption of an ad valorem tax rate have been in all things complied with; and WHEREAS, Public Hearings were held by the City Council for the City of North Richland Hills on August 28, 2017 and September 6, 2017; and WHEREAS, after a full and final consideration, the City Council is of the opinion that the tax rate should be approved and adopted; and WHEREAS, the taxes have been levied in accordance with the adopted fiscal year 2018 budget as required by state law. NOW, THEREFORE, BE IT ORDAINED BY THE CITY COUNCIL, CITY OF NORTH RICHLAND HILLS, TEXAS, THAT: SECTION 1. There shall be and there is hereby levied and assessed and there shall be collected for the tax year 2017 for the general use and support of the Municipal Government of the City of North Richland Hills, Texas a total ad valorem tax of Fifty-Nine Cents ($0.59) on each One Hundred Dollars ($100.00) of valuation of property — real and personal — within the corporate limits of City of North Richland Hills, Texas, subject to taxation. The assessment ration shall be One Hundred percent (100%). SECTION 2. The taxes collected shall be apportioned for the use as follows: (a) For maintenance and operations levied on the $100.00 valuation; $0.328640; and Ordinance No. 3476 Page 1 of 3 (b) For interest and sinking levied on the $100.00 valuation; $0.261360. All monies collected and hereby apportioned and set apart for the specific purposes indicated and the funds shall be accounted for in such a manner as to readily show balances at any time. SECTION 3. That the tax rate for maintenance and operations of$0.328640 will impose an amount of taxes that exceeds the amount of taxes imposed for that purpose in the preceding year, therefore: THIS TAX RATE WILL RAISE MORE TAXES FOR MAINTENANCE AND OPERATIONS THAN LAST YEAR'S TAX RATE. SECTION 4. That the maintenance and operations tax rate of $0.328640 exceeds the effective maintenance and operations rate of$0.307227, therefore: THIS TAX RATE WILL EFFECTIVELY BE RAISED BY 7.997 PERCENT AND WILL RAISE TAXES FOR MAINTENANCE AND OPERATIONS ON A $100,000 HOME BY APPROXIMATELY $21.41. SECTION 5. It is hereby declared to be the intention of the City Council that the phrases, clauses, sentences, paragraphs and sections of this ordinance are severable, and if any phrase, clause, sentence, paragraph or section of this ordinance shall be declared unconstitutional by the valid judgment or decree of any court of competent jurisdiction, such unconstitutionality shall not affect any of the remaining phrases, clauses, sentences, paragraphs and sections of this ordinance, since the same would have been enacted by the City Council without the incorporation in this ordinance of any such unconstitutional phrase, clause, sentence, paragraph or section. SECTION 6. This ordinance shall be in full force and effect from and after its passage as provided by law, and it is so ordained. PASSED AND APPROVED on this the 11th day of September, 2017. Ordinance No. 3476 Page 2 of 3 CIT ( • ' NO-T RICHLAND ILLS 01 ' `�`���.is1 i z.11//i1,,, BY: , \`t�,0.\\ 'CHi.�4, Oscar T�vino, Mayor ATTEST: �'Z-/ 6,-,6(A_„ 14A-`e_,A°, t .::--r:I : a,ti Alicia Richardson, City ';�tary :�- e „�" !/ll 911914 APPROVED AS TO FORM AN`D LEGALITY: L-Fati6dAA Maleshia McGinnis, City Attorney APPROVED AS TO CONTENT: .--146- -,---, Robert ers M Y , dud( get & Research Director Ordinance No. 3476 Page 3 of 3