04 Ordinance fixing the tax rate, tax levy, and levying the ad valorem taxesCITY COUNCIL AGENDA ITEM BRIEFING SHEET
Submittal Date:
Originating Department:
Presented By:
Agenda Item No.:
9-24-2008
Council Date:
Finance
Gene Anderson
4.
9-29-2008
RECOMMENDED MOTION:
Motion to approve an ordinance fixing the tax rate, tax levy, and levying the ad valorem
taxes for the City of Paris.
Policy Issue(s):
Fiscal Management
This ordinance sets the City of Paris tax rate at 52 cents per $100 of property value. The
tax rate of 52 cents per $100 of value is broken down between operations/maintenance
costs (43.113 cents per $100 of value.) and debt(8.887 cents per $100 of value). It
establishes the tax levy based on the 52 cent rate, and directs that the levy be entered into
the City's records.
BOARD/COMMISSION RECOMMENDATION:
NONE
EXHIBITS:
Ordinance attached.
ACTION:
BUDGET INFO:
❑ Financial Report ❑ Minute Order
Expense
$NA
❑ Department Report ❑ Resolution
Budgeted Amt.
$NA
❑ Presentation Z Ordinance
y'I'D Actual
$NA
❑ Public Hearing ❑ Other
Acct. Name
NA
Acct. Number
NA
FISCAL NOTES:
None
REVIEWED AND APPROVED BY:
Z Administration Z City Clerk ❑ Community Development ❑ EMS/IT E Finance ❑ Fire
Munici al Court Le al Libra Police En . Public Works Utilities
City of Paris Revised 2/04/08
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DRAFT
ORDINANCE NO.
Attorney\budget\2008-09\Tax Rate Adoption Ord
AN ORDINANCE OF THE CITY COUNCIL OF THE CITY OF PARIS, TEXAS,
FIXING THE TAX RATE AND THE TAX LEVY AND LEVYING AD VALOREM
TAXES FOR THE CITY OF PARIS FOR THE YEAR 2008 UPON ALL TAXABLE
PROPERTY WITHIN THE CITY OF PARIS IN CONFORMITY WITH THE
CHARTER PROVISIONS AND ORDINANCES OF THE CITY; MAKING OTHER
FINDINGS AND PROVISIONS RELATED TO THE SUBJECT; REPEALING ALL
ORDINANCES OR PARTS OF ORDINANCES IN CONFLICT HEREWITH; AND
PROVIDING AN EFFECTIVE DATE.
WHEREAS, the Lamar County Appraisal District, as authorized by the laws of the State
of Texas, has fixed the value of all property situated within Paris, Texas, subject to ad valorem
taxes for the year 2008, such total valuation being the sum of $1,509,422,969; and,
WHEREAS, in accordance with provisions of ordinances passed by the City Council of
the City of Paris, property owners over the age of sixty-five (65) and disabled Veterans have
filed exemptions; other adjustments for tax abatements have been approved; and other
exemptions are authorized under state law; thereby reducing the total valuation subject to ad
valorem taxes; and,
WHEREAS, in accordance with the provisions of the Charter of the City of Paris, Texas,
the City Manager has heretofore submitted to the City Council a proposed budget of the
revenues of the City and the expenditures for the conduct of the affairs thereof, providing a
complete financial plan for the fiscal year beginning October 1, 2008 and ending September 30,
2009; and,
WHEREAS, the City Council has heretofore by ordinance adopted the budget
appropriating from ad valorem taxes the following sums, to-wit:
General Fund $6,377,423.00
Debt Service Fund $1,341,482.00; and,
WHEREAS, the City Council has by previous separate vote approved a rate of 0.43113
per $100.00 for maintenance and operations expenditures and a rate of 0.08887 per $100.00
for debt service;
NOW, THEREFORE, BE IT ORDAINED BY THE CITY COUNCIL OF THE CITY OF
PARIS, TEXAS:
Section 1. That the findings set out in the preamble to this ordinance are hereby in all
things approved.
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Section 2. That there shall be and is hereby levied for the year 2008 and ordered to be
collected, a tax of $0.52 on each and every ONE HUNDRED DOLLARS ($100.00) of the assessed
valuation of all property of every description subject to taxation within the corporate limits of
Paris, and that said tax so levied shall be distributed and apportioned as follows:
CURRENT EXPENSES:
For the payment of CURRENT EXPENSES of the City Govern-
ment of the City of Paris, on each and every One Hundred
Dollars worth of property situated within the corporate
limits of Paris and subject to taxation a tax of $0.43113
(of which $0.00138 will be for the operation of the
Paris Municipal Band)
DEBT:
For paying interest and creating a sinking fund for Tax and
Revenue Certificates of Obligation, Series "2000,"on each and
every one Hundred Dollars worth of property situated within
the corporate limits of Paris and subject to taxation, a tax of $0.03355
For paying interest and creating a sinking fund for Tax and
Revenue Certificates of Obligation Series "2002" on each and
every One Hundred Dollars worth of property situated within
the corporate limits of Paris and subject to taxation, a tax of $0.02919
For paying interest and creating a sinking fund for General
Obligation Refunding Bonds, Series "2003," on each and every
One Hundred Dollars worth of property situated within the
corporate limits of Paris and subject to taxation, a tax of . 2613
Total Debt Rate $ .08887
TOTAL TAX RATE $0.52
Section 3. That the City Tax Assessor and Collector of the City of Paris is hereby
directed to assess, extend, and enter upon the rolls of the City of Paris, Texas, for the current
taxable year, the amount and rates herein levied and shall be collected as provided by the
ordinances and the Charter of the City of Paris, Texas, and the laws of the State of Texas; and
when so collected, same shall be distributed in accordance with ordinance.
Section 4. That all provisions of the ordinances of the City of Paris, Texas in conflict
with the provisions of this ordinance are hereby repealed, and all other provisions of the
ordinances of the City of Paris not in conflict with the provisions of this ordinance shall remain
in full force and effect.
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Section 5. That the repeal of any ordinance or part of ordinances affected by the
enactment of this ordinance shall not be construed as abandoning any action now pending
under or by virtue of such ordinance or as discontinuing, abating, modifying, or altering any
penalty accruing or to accrue, or as affecting any rights of the municipality under any section
or provisions of any ordinance at the time of passage of this ordinance.
Section 6. That it is the intention of the City Council of the City of Paris that this
ordinance, and every provision hereof, shall be considered severable, and the invalidity or
partial invalidity of any section, clause, or provisions of this ordinance shall not affect the
validity of any other portion of this ordinance.
Section 7. That the City Council voted by a supermajority vote of five to suspend
the rule requiring two readings before adoption of ordinances ayes and _ nays.
Section B. That this ordinance shall become effective from and after its passage of the
first reading and publication as required by law.
PASSED AND ADOPTED on first and final reading this 29th day of September, 2009.
Jesse James Freelen, Mayor
ATTEST:
Janice Ellis, City Clerk
APPROVED AS TO FORM:
Kent McIlyar, City Attorney
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