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O-2330-9-04ORDINANCE NO. 2330-9-04 ' AN ORDINANCE OF THE CITY COUNCIL OF THE CITY OF ALLEN, COLLIN COUNTY, TEXAS, ADOPTING THE TAX RATE AND LEVYING THE AD VALOREM TAXES FOR THE FISCAL YEAR 2004-2005 TO PROVIDE REVENUE FOR THE PAYMENT OF CURRENT EXPENDITURES; PROVIDING A SEVERABILITY CLAUSE; PROVIDING A REPEALING CLAUSE; AND PROVIDING AN EFFECTIVE DATE. WHEREAS, following public notice duly posted and published in all things as required by law, a public hearing was held on August 24, 2004, 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 2004-2005, submitted by the City Manager in accordance with provisions 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 2004 on all taxable property, real, personal and mixed, situated within the corporate limits of the City of Allen, Collin County, Texas, and not exempt by the Constitution of the State and valid State laws, a tax of $0.56000 on each and every $100 ' assessed valuation of taxable property apportioned and distributed as follows: (a) $0.358240 on each and every $100 valuation of said property is hereby reviewed and assessed to provide revenue for maintenance and operations of the City government and current expenses thereof; and, (b) $0.201760 on each and every $100 valuation of said property is hereby reviewed and assessed for the purpose of paying interest and bonded indebtedness of the City. SECTION 2. All ad valorem taxes shall become due and payable on October 1, 2004, and all ad valorem taxes for the year shall become delinquent if not paid prior to February 1, 2005. SECTION 3. A delinquent tax shall incur all penalty and interest authorized bylaw including a penalty of six percent (6%) on the amount of the tax for the first calendar month it is delinquent, plus one percent (1%) for each additional month or portion of a month the tax remains unpaid prior to July 1 of the year in which it becomes delinquent. A tax delinquent on July 1, 2005, incurs a total penalty of twelve percent (12%) 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 (1%) for each month or portion of a month the tax remains unpaid. Taxes that remain delinquent on July 1, 2005, incur an additional penalty of fifteen percent (15%) of the amount of taxes, penalty, and interest due; such additional penalty is to defray costs of collection due to a contract with the City's tax collection attorney pursuant to Section 33.07 of the Texas Property Tax Code, as amended. ' SECTION 4. The City shall have available all the rights and remedies provided bylaw for the enforcement of the collection of taxes levied under this ordinance. SECTION 5. The tax roll as presented to the City Council, together with any supplements thereto, be and the same are hereby approved. J 1 I SECTION 6. 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 7. 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. SECTIONS. 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 14" DAY OF SEPTEMBER, 2004. APPROVED AS TO FORM: Peter G. Smith, CITY ATTORNEY 1:�70:ilYI S IA �tephefl Terrell, MAYOR ATTEST: Qon Shelley B. George,CC, CITY SEMETARY Ordinance No. 2330-9-04, Page 2 Collin Central Appraisal District PROPERTY TAX CODE, SECTION 26.01(a) CERTIFICATION OF 2004 APPRAISAL ROLL FOR: ALLEN CITY I, Jimmie C. Honea, Chief Appraiser for the Collin Central Appraisal District, solemnly swear that the attached is that portion of the approved Appraisal Roll of the Collin Central Appraisal District which lists property taxable by ALLEN CITY and constitutes the appraisal roll for ALLEN CITY with the amounts listed on the attached totals pages. July 21, 2004 a . /I't/i/_ Signature of Chief Appraiser Approval of the appraisal records by the Collin Central Appraisal District Appraisal Review Board recorded on the 146' day of July, 2004. www.collincad.org 2404 K Avenue Metro 972-578-5290 Admin Fax 972-5789733 Flaw, Texas 750745911 McKinney 972-562-1404 Appraisal Fax 972-578-0933 Non Real Count Ceum County 2004 CERTIFIED TOTALS Personal Property: CAL - ALLEN CITY Property Count' 24,792 0712112004 02.14PM Land Value Homesle'. 916537566 Non Homesite 571,792,236 A9 Market'. 339,964,643 I-) 444,153,445 Timber Market 0 Total Land I-) 1,828,284,445 Improvements Value = 5,508,219,125 Homesite: 2,648,089,419 Non Exempt Non HomesBe'. 587,681,816 Total Improvements H 3,235,771,235 Non Real Count Value Personal Property: 1,612 444,153,445 Mineral Property 0 0 Autos' 0 0 Total Non Real I-) 444,153,445 Market Value = 5,508,219,125 An Non Exempt Exem t Total Productivity Market' 339,964,643 0 Ag Use: 1,455,324 0 Timber Use: 0 0 Productivity Loss: 338,509,319 0 Productivity Loss (-) 338,509,319 Appraised Value 5,169,709,806 Homestead Cap (-) 1,448,582 Assessed Value = 5,168,263,244 Exempt. Count Local Sta1o. Total AB 42 89,990,677 0 89,990,677 OP 138 2,030,100 0 2,030,100 OV1 168 0 1,029,000 1,029,000 OV2 32 0 253,500 253,W0 OV3 30 0 318,000 318,000 OV4 17 0 198,000 198,000 0✓4S 7 0 84,000 84,000 EX 471 0 201,009,692 201,009002 EX (Pronal 11 0 1,294,776 1,21111 EX3W 70 0 17,548 17,548 FR 10 51,747,104 0 51,747,104 OV65 984 34,171,485 0 34,171,485 OV65S 9 315,000 0 315,000 PC 6 658,554 0 61 Total Exemptions (-) 383,115,436 Net Taxable = 4,785,147,808 APPROXIMATE TOTAL LEVY (MET TAXABLE' TAX BTTE 1100) Tax Increment Finance Value: 0 Tax Increment Finance Levy: 0.00 CAU519)(1 14 0/ no Time Automation. Inc Collin County 2004 CERTIFIED TOTALS CAL - ALLEN CITY Property Count 24,792 07121200402'. 14PM State Category Breakdown State Cd Description Count Acres New Value Mkt Market Valus A Single Family Residence 19,968 $164,079,303 $3,483,200,732 B Multifamily Residence 109 $8,983,815 $119,575,760 C Vacant Lot 1,250 $0 $8.334,903 D1 Qualified Ag Land 179 5,2695585 $0 $339,91 D2 Nan-Oualired Land 97 1,021.7361 $0 $89,953,601 E Farm or Ranch Improvement 31 $0 $4,080,302 Fl Commercial Real Property 298 $19,990,462 $525,060,483 F2 Industrial Real Property 20 $5,322,170 $112,892,646 J2 Ga. Distribution System 3 $0 $4,530,479 J3 Electric Company (Including 6 $0 $32,029,207 J4 Telephone Company (Including 18 $0 $53,051,274 J7 Cable Television Company 1 $0 $57,442 L1 Commercial Passional Prop" 1,513 $0 $355,373,427 L2 Industrial Personal Property 3 $0 $4,072,429 O Residential Inventory 1,219 $40,490,125 $98,171,557 S Special Inventory Tax 2 $0 $843,000 $238,865,875 $5,307,191,885 Total. Totally exempt property 538 $0 $201,027,240 6.291.2926 $238,865,875 $5,508,219.125 CAL-enri0] Page 5 M231 Trva Anorn nInc. cmimCnunti 2004 CERTIFIED TOTALS CAL - ALLEN CITY Effective Rate Assumptions 07/21/2004 02 14P New Value TOTAL NEW VALUE MARKET. $238,865,875 TOTAL NEW VALUE TAXABLE: $234,572,318 New Exemptions Exem tion Description Count EX TOTAL EXEMPTION 46 2003 Market Value $3,139,806 EX366 HOUSE BILL 366 41 2003 Market Value $18,096 ABSOLUTE EXEMPTIONS VALUE LOSS $3,157,802 Exem tion Description Count Exam tion Amount DP DISABILITY 21 $307,500 DVI DISABLEDVET 14 $91,000 DV2 DISABLEDVET 2 $15,000 DV3 DISABLED VET 5 $54,000 DV4 DISABLED VET 2 $24,000 OV65 OVER 65 94 $3,103,800 PARTIAL EXEMPTIONS VALUE LOSS 138 $3,585,300 TOTAL EXEMPTION VALUE LOSS $6,753,202 New Ag/Timber Exemptions 2003 Markel Value $152,460 Count 2 2004 Aim Use 54,130 NEW AGRIM VALUE LOSS $148,330 New Annexations Count Market Value Taxable Value Average Homestead Value Count of HS Residences Average Market Average HS Exemption Average Taxable 16284 $164,259 $C $164259 1'-519012 rare 6 f 23 1 me Automation Ino.