HomeMy WebLinkAbout24-3767 Ordinance372
TAX RATE
ORDINANCE NO. 24-3767
AN ORDINANCE OF THE CITY OF PLAINVIEW, TEXAS, SETTING AND
LEVYING THE MUNICIPAL AD VALOREM TAX RATE FOR THE YEAR
2024; APPORTIONING SAID LEVY AMONGST THE VARIOUS FUNDS
AND ITEMS FOR WHICH REVENUE MUST BE RAISED; FIXING THE
TIMES IN WHICH SAID TAXES SHALL BE PAID; PROVIDING FOR A
PENALTY, AND INTEREST AND ANY ADDITIONAL PENALTY ON
TAXES NOT TIMELY PAID; PROVIDING A SAVINGS CLAUSE;
PROVIDING A SEVERABILITY CLAUSE; AND PROVIDING AN
EFFECTIVE DATE.
WHEREAS, the City of Plainview, Texas is responsible for the maintenance and
operation costs for all services and improvements within its corporate limits; and
WHEREAS, the City Council set and announced the date and time for the adoption
of the tax rate as September 10, 2024 and September 24, 2024; and
WHEREAS, the Council further considered and adopted the City Budget for the
fiscal year beginning October 1, 2024, and ending September 30, 2025, on September
10, 2024 and September 24, 2024; and
WHEREAS, the City of Plainview, a home rule municipality, is authorized to levy,
assess and collect property taxes for the purpose of maintaining the City's operation and
debt costs in accordance with the Texas Constitution, Article 11, Section 5, and Texas
Local Government Code Ann., Section 102.009, and Texas Tax Code Ann., Section
302.001; and
WHEREAS, Texas Tax Code Ann., Section 26.05 requires that the City adopt a
tax rate for the current tax year and notify the tax assessor for Hale County Tax Appraisal
District with the rate adopted; and
WHEREAS, the tax levy of such ad valorem taxes at a given rate is necessary to
generate sufficient revenues to meet projected City operating and debt expenses for fiscal
year 2024-2025; and
WHEREAS, the City has fully and timely complied with all notice and other
requirements relative to the adoption of a tax rate for fiscal year 2024-2025.
NOW, THEREFORE, the City Council of the City of Plainview hereby ordains, that:
Section 1. The City of Plainview City Council hereby levies and collects for the use and
support of the municipality, a tax of seventy-five and fifty hundredths cents ($0.7550) on
the One Hundred Dollars ($100.00) valuation of all property, real, personal and mixed,
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within the corporate limits of the City, subject to taxation, for the specific purposes herein
set forth:
1. For the maintenance and support of the General Fund a tax rate
of sixty and seventy-nine hundredths cents ($0.6079) on each
One Hundred Dollars ($100.00) valuation of property for the year
2024.
2. For the Interest and Sinking Fund (Debt Service Fund) a tax rate
of fourteen and seventy-one hundredths cents ($0.1471) on each
One Hundred Dollars ($100.00) valuation of property for the year
2024.
THIS TAX RATE WILL RAISE MORE TAXES FOR
MAINTENANCE AND OPERATIONS THAN LAST YEAR'S
TAX RATE.
THE TAX RATE WILL EFFECTIVELY BE RAISED BY 3.0126
PERCENT AND WILL RAISE TAXES FOR MAINTENANCE
AND OPERATIONS ON A $100,000 HOME BY
APPROXIMATELY $24.02.
(Based on the comparison of the Maintenance and Operations Tax Rate)
Section 2. The ad valorem taxes levied shall become due on October 1, 2024, and may
be paid up to and including the following January 31, 2025 without penalty, but if not so
paid, such taxes shall become delinquent on the following day, February 1, 2025, and the
penalty and interest designated by State Law shall be collected for each month or portion
of the month that the delinquent taxes remain unpaid. Interest and penalty collected from
such delinquent taxes shall be appropriated to the General Fund of the City of Plainview.
The rate of interest to be collected on delinquent taxes shall be in accordance with State
Law.
Section 3. The taxes herein levied shall be a first and prior lien against the property upon
which they are assessed and the said first lien shall be superior and prior to all other liens,
charges and encumbrances, and this lien shall attach to personal property to the same
extent and priorities as real estate. Such liens shall attach to said property as of January
1, 2025.
Section 4. The City Secretary shall hereby notify the Tax Assessor of the tax rate in
accordance with State law.
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Section 5. All other terms and provisions of the Code of Ordinances, City of Plainview,
Texas not in conflict herewith and not hereby amended shall remain in full force and effect.
Section 6. If any provision, section, subsection, sentence, clause or the application of
same to any person or set of circumstances for any reason is held to be unconstitutional,
void or invalid or for any reason unenforceable, the validity of the remaining portions of
this ordinance or the application thereby shall remain in effect, it being the intent of the
City Council of the City of Plainview, Texas in adopting this ordinance, that no portion
thereof or provision contained herein shall become inoperative or fail by any reasons of
unconstitutionality of any other portion or provision.
Section 7. This ordinance shall become effective October 1, 2024 upon its passage and
publication as required by law.
PASSED AND APPROVED on first reading this 10th day of September, 2024.
PASSED AND APPROVED on second reading this 24th day of September, 2024.
Charles St me ,Mayor
ATTEST:
/ L
Belinda Hinojos ity Secretary
APPROVED AS TO CONTENT:
Vhkssa Gutierre , terim Director of Finance
APPROVED AS TO FORM:
City Attorney
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