The URL can be used to link to this page

Home My WebLink AboutOrdinance 20954-09-2013 ORDINANCE NO. 20954-09-2013 AN ORDINANCE PROVIDING FOR THE LEVY AND COLLECTION OF AN ANNUAL AD VALOREM TAX ON ALL PROPERTY, REAL, PERSONAL AND MIXED, SITUATED WITHIN THE TERRITORIAL LIMITS OF THE CITY OF FORT WORTH, TEXAS, AND ALL PERSONAL PROPERTY OWNED IN SAID CITY OF FORT WORTH, TEXAS, ON THE FIRST DAY OF JANUARY, A.D. 2013, EXCEPT SUCH PROPERTY AS MAY BE EXEMPT FROM TAXATION BY THE CONSTITUTION AND LAWS OF THE STATE OF TEXAS; AND PROVIDING FOR A PENALTY; AND PROVIDING A SEVER-ABILITY CLAUSE; AND PROVIDING A SAVINGS CLAUSE FOR THE REPEAL OF ALL ORDINANCES IN CONFLICT WITH THE PROVISIONS OF THIS ORDINANCE; AND PROVIDING FOR THE PUBLICATION AND FINAL PASSAGE THEREOF. BE IT ORDAINED BY THE CITY COUNCIL OF THE CITY OF FORT WORTH, TEXAS: SECTION 1. That there is hereby levied, adopted and shall be collected by the City of Fort Worth,Texas, as provided by law, an annual ad valorem tax for the year 2013, at the rate of S0.8550 on every one hundred dollar (SI00.00) valuation, on all. property, real, personal and mixed, situated in, and all personal property owned in, the City of Fort Worth, Texas, on the first day of January, A.D. 2013, liable under the law to taxation and not exempt therefrom by the Constitution and laws of the State of Texas. The ad valorem tax rate is divided into a maintenance and operation levy of 50.6759 for general fund operations and a debt levy of$0.1791 for servicing outstanding debt obligations. SECTION 2. That the debt portion of the tax levy, which is hereinbefore made, is to provide for the payment of interest and to create a redemption fund to discharge and pay principal and interest on any general obligations due or owing by the City of Fort Worth, Texas, and shall riot be taken as an addition to levies for the same purpose in the respective ordinances authorizing and creating such Ordinance No.20954-09-2013 Page 1 of 6 obligations, but the Levy hereinbefore made is made pursuant to and for the purpose of carrying out and complying with the provisions of said prior ordinances. The General Debt Service Fund shall. receive payment of twenty, and ninety-five hundredths percent (2095%) of the current taxes collected. SECTION 3. That the taxes provided for herein are levied upon all taxable property, real, personal and mixed, situated in, and all personal property owned in, the City of Fort Worth, Texas, as assessed, valued and described in the assessment tax rolls and the tax books of the City of Fort Worth, Texas, for the year 2013, and any supplemental assessments thereof, as the same have been or shall be presented to the City Council of the City of Fort Worth, Texas, by the Assessor and Collector of Taxes of said City of Fort Worth, Texas. SECTION 4. That, because the total amount of taxes to fund maintenance and operations will be greater than last year and because the tax rate exceeds the effective maintenance and operations rate, the following statements are made as required by Section 26.05 of the Texas Tax Code: THIS TAX RATE WILL RAISE MORE TAXES FOR MAINTENANCE AND OPERATIONS THAN LAST YEAR'S TAX RATE DUE TO INCREASED PROPERTY VALUATIONS. THE TAX RATE WILL EFFECTIVELY BE RAISED BY 21.8%. HOWEVER, BECAUSE A PORTION OF THE TAX RATE ALLOCATED FOR OPERATIONS AND MAINTENANCE HAS BEEN SHIFTED TO DEBT SERVICE, AT THIS TAX RATE, A PROPERTY VALUED AT $100,000 WOULD PAY $10.00 LESS FOR OPERATIONS AND MAI1\tTENANCE THAN IN THE PREVIOUS YEAR. Ordinance No.20954-09-2013 Page 2 of 6 SECTION 5. That the taxes provided for herein are clue on receipt of a tax bill and are delinquent if not paid before February 1, 2014. Unless otherwise specifically set forth by law, failure to send or receive the tax bill shall not, however, affect the validity of the taxes, penalty or interest herein imposed, the due date, the existence of a tax lien, or any procedure instituted to collect such taxes, penalty or interest. SECTION 6. That if a person pays one-half of the taxes required to be paid by virtue of this Ordinance before December 1, 2013, he or she may pay the remaining one-half of such taxes without penalty or interest at any time before July 1, 2014. SECTION 7. (a) That a delinquent tax incurs a penalty of six percent (6%) of 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, 2014. However, a tax delinquent on July 1, 2014, incurs a total penalty of twelve percent (12%) of the amount of the delinquent tax without regard to the number of months the tax has been delinquent. (b) That if a person who exercises the split payment option provided by Section 6 above fails to make the second payment before July 1, 2014, the second payment is delinquent and incurs a penalty of twelve percent (12%)of the amount of the unpaid tax. Ordinance No.20954-09-2013 Page 3 of 6 SECTION 8. That in addition to the penalty set out above, a delinquent tax accrues interest at a rate of one percent (1Y6) for each month or portion of month the tux remains unpaid. Said interest of one percent (lY6) per month obui| be added to said taxes in the event the payment thereof shall beconoe delinquent ao above set forth, and said interest shall attach ou the firsLday of each month thereafter until the taxes shall have been paid, which interest and the penalty provided for above shall be and become u part of said taxes and bo payable uosuch. SECTION Y. That a tux that huoonoes delinquent on or after February l, 2014, but not later than May |, 2014, and that reoouioo delinquent onJuly |` 2014, ahu8 incur an additional penalty of twenty percent(20%) of the amount of the delinquent tax, penalty and iotnrou\ to defray costs of collection. Such twenty percent (20%) penalty and collection procedures are imposed pursuant\o Sections 6.30 and 33.07 of the Property Tax Code and are in addition to the other penalties and interest which are due and owing according to law. SECTION 10. That a tux that becomes dciiogucu\ on or after June |, 2014` under Section 20.87(H, 28.\5(c), 3|.03, ]l.O3l, 3i.032, 3l.04, or4242nf the Tax Code shall incur an additional penalty of twenty percent (20%) of the amount oftaxes, penalty, and iotun:u{ due, to defray costs of oo|\oo|iuo, pursuant to Section 33.00 of the Property tux Code. Such additional penalty is in addition to the other penalties and interest which are due and owing according to low. Ordinance No.20954'09-20/3 Page+of6 SECTION 11. That o tax ir000aod on tangible personal property that becomes delinquent on or after February 1, 201.4, nboi| incur an additional penalty of twenty percent (20%) pursuant to Property Tax Code Section 33.11, on the later oF the date the tax becomes subject to the outside attorney collection 000(oaot of Section 6.30 of the Tax Code or 80 days uttcr the date the taxes become delinquent. Such additional penalty is in addition to the other pooul(ioa and interest which are due and owing according holaw. SECTION 12. That such taxes, penalty and interest obai| be and become o lien upon the property uo vvbiob the taxes are levied, as prescribed by the Charter of the City of Fort Worth, Texas, and the |uwn of the State of Texas, and such lien shall hc and in hereby made o paramount, fizntand superior lien Ln all other liens whatsoever oo the property un which said taxes are levied. SECTION 13. That should any pod, portion, ynodoo or part of aoodou ofUdu ordinance he Jeo)urcd invalid or iuonorudvo or void for any ccumon by o court of competent jurisdiction, such decision, opinion or judgment ubul| in no way affect the remaining portions, parts, sections or parts of orodoox of this oojioouco, vvbiob provision ubnl| he, remain and continue to be in full 6nnuu and effect. Ordinance No.Z0954'O9-20|J Page 5of6 SECTION 14. That all ordinances for which provisions have heretofore been made are hereby expressly repealed i[io conflict with the provisions of this ordinance. SG[T|()N 15. That this ordinance shall take effect and be in full force and effect from and after the date of its passage and publication as required by the Cbmfur of the City of Foil Worth, and it is so ordained. APPROVED &3I0FORM AND LEGALITY: Sarah J. Introduced oo First Reading: August 20, 2013 Adopted: September 17, 2013 Effective: i4l Mary J. Kay* City Secreta�" ^ Ordinance No.20954-09-2013 Page 6om