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' AN ORDINANCE OF THE CITY COUNCH, OF THE CITY OF ALLEN, COLLIN
COUNTY, TEXAS, LEVYING THE AD VALOREM TAXES FOR THE TAX YEAR
2005 (FISCAL YEAR 2005-2006) AT A RATE OF $0.55900 PER ONE HUNDRED
DOLLARS ($100) ASSESSED VALUATION ON ALL TAXABLE PROPERTY
WITHIN THE CORPORATE LIMITS OF THE CITY OF ALLEN AS OF
JANUARY 1, 2005, TO PROVIDE REVENUE FOR THE PAYMENT OF CURRENT
EXPENSES; PROVIDING FOR AN INTEREST AND SINICING FUND FOR ALL
OUTSTANDING DEBT OF THE CITY OF ALLEN; PROVIDING FOR DUE AND
DELINQUENT DATES TOGETHER WITH PENALTIES AND INTEREST;
PROVIDING A SEVERABILITY CLAUSE; PROVIDING A REPEALING CLAUSE;
AND PROVIDING AN EFFECTIVE DATE.
WHEREAS, following public notices duly posted and published in all things as required by law, public
hearings were held on August 23, 2005, and September 13, 2005, by and before the City Council of the City
of Allen, the subject of which was the proposed tax rate for the City of Allen for Fiscal Year 2005-2006,
submitted by the City Manager in accordance with previsions of the City Charter and state statutes; and,
WHEREAS, the City Council, upon full consideration of the matter, is of the opinion that the tax rate
hereinafter set forth is proper and should be approved and adopted.
' NOW, THEREFORE, BE IT ORDAINED BY THE CITY COUNCIL OF THE CITY OF ALLEN,
COLLIN COUNTY, TEXAS, THAT:
SECTION 1. There is hereby levied and shall be assessed for the tax year 2005 on all taxable property,
real, personal and mixed, situated within the corporate limits of the City of Allen, Collin County, Texas, and
notexempt by the Constitution of the State and valid State laws, a tax of $0.55900 on each and every $100
assessed valuation of taxable property apportioned and distributed as follows:
(a) For the purpose of defraying the currant expenditures of the municipal government of the City of
Allen, a tax of $0.376240 on each and every $100 assessed value on all taxable property; and,
(b) For the purpose of creating a sinldng fund to pay the interest and principal maturities of all
outstanding debt of the City of Allen, not otherwise provided for, a tax of $0.182760 on each and
every $100 assessed value of taxable property within the City of Allen, and shall be applied to
the payment of interest and maturities of all such outstanding debt of the City.
THIS TAX RATE WILL RAISE MORE TAXES FOR MAINTENANCE AND OPERATIONS THAN
LAST YEAR'S TAX RATE. THE TAX RATE WILL RAISE TAXES FOR MAINTENANCE AND
OPERATIONS ON A $100,000 HOME BY APPROXIMATELY $15.00.
SECTION 2. All ad valorem taxes shall become due and payable on October 1, 2005, and all ad valorem
taxes for the year shall become delinquent if not paid prior to February 1, 2006. There shall be no discount
' for payment of taxes prior to February 1, 2006. A delinquent tax shall incur all penalty and interest
authorized by law, to wit:
I
(a) A penalty of six percent on the amount of the tax for the first calendar month it is delinquent,
plus one percent for each additional month or portion of a month the tax remains unpaid prior to
July I of the year in which it becomes delinquent.
(b) Provided, however, a tax delinquent on July 1, 2006, incurs a total penalty of twelve per cent of
the amount of delinquent tax without regard to the number of months the tax has been
delinquent. A delinquent tax shall also accrue interest at the rate of one percent for each month
or portion of a month the tax remains unpaid. Taxes for the year 2005 and taxes for all future
years that become delinquent on or after February 1 but not later than May 1, that remain
delinquent on July I of the year in which they become delinquent, incur an additional penalty in
the amount of twenty percent (20%) of taxes, penalty and interest due, pursuant to Texas
Property In Code Section 6.30 and 33.07, as amended. Taxes assessed against tangible personal
property for the year 2005 and for all future years that become delinquent on or after February 1
of a year incur an additional penalty on the later of the date the personal property taxes become
subject to the delinquent tax attorney's contract, or 60 days after the date the taxes become
delinquent, such penalty to be in the amount of twenty percent (20%) of taxes, penalty and
interest due, pursuant to Texas Property Tax Code Section 33.11. Taxes for the year 2005 and
taxes for all future years that remain delinquent on or after Jane 1 under Texas Property Tax
Code Sections 26.07(f), 26.15(e), 31.03, 31.031, 31.032 or 31.04 incur an additional penalty in
the amount of twenty percent (20%) of taxes, penalty and interest due, pursuant to Texas
Property Tax Code Section 6.30 and Section 33.08, as amended.
SECTION 3. The City shall have available all the rights and remedies provided by law for the enforcement
of the collection of taxes levied under this ordinance.
SECTION 4. The tax roll as presented to the City Council, together with any supplements thereto, be and
the same are hereby approved.
SECTION 5. Should any word, sentence, paragraph, subdivision, clause, phrase or section of this
ordinance, be adjudged or held to be void or unconstitutional, the same shall not affect the validity of the
remaining portions of said ordinance which shall remain in full force and effect.
SECTION 6. All ordinances of the City of Allen, Collin County, Texas, in conflict with the provisions of
this ordinance be, and the same are hereby, repealed; provided, however, that all other provisions of said
ordinances not in conflict with the provisions of this ordinance shall remain in full force and effect.
SECTION 7. This ordinance shall be in full force and effect from and after its adoption.
DULY PASSED AND APPROVED BY THE CITY COUNCIL OF THE CITY OF ALLEN, COLLIN
COUNTY, TEXAS, ON THIS THE 27"' DAY OF SEPTEMBER, 2005.
APPROVED AS TO FORM:
APPROVED:
Stephen Irerrell, MAYOR
114011*V In
Peter G. Smlth, CITSC ATTORNEY .Shelley , TRMC, CITY SECRETARY
Ordinance No. 2446-9-05, Page 2