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HomeMy WebLinkAboutOrdinance 6914 ORDINANCE NO. AN ORDINANCE PROVIDING FOR THE LEVY AND COL- LECTION OF AN ANNUAL DIRECT AD VALOREM TAX ON ALL PROPERTY, REAL, PERSONAL AND MIXED, SITUATED WITHIN THE TERRITORIAL LIMITS OF THE CITY OF FORT WORTH, TEXAS, AND ALL PER- SONAL PROPERTY OWNED IN SAID CITY OF FORT WORTH, TEXAS, ON THE FIRST DAY 01' JANUARY, A. D. 1973, EXCEPT SUCH PROPERTY AS MAY BE EXEMPT FROM TAXATION BY THE CONSTITUTION AND LAWS OF THE STATE OF TEXAS. BE IT ORDAINED BY THE CITY COUNCIL OF THE CITY OF FORT WORTH, TEXAS: SECTION I. There is hereby levied and shall be collected, as provided by law, an annual direct special ad valorem tax for the year 1973 for the support and maintenance of a free Public Library in the City of Fort Worth, Texas, of five cents (5)�) on every one Hundred Dollar ($100.00) 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. 1973, liable under the law to taxation and not exempt therefrom by the Constitution and laws of the State of Texas. SECTION II. There is also hereby levied and shall be collected, as provided by law, an annual direct special ad valorem tax for the year 1973, for the use and benefit of the Park and Recreation Fund of the City of Fort Worth, Texas, of thir- teen cents (130) on every One Hundred Dollar ($100,00) valu- ation 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. 1973, liable under the law to taxation and not exempt therefrom by the Constitution and laws of the State of Texas, which levy, in the aggregate sum of thirteen cents (130) , as aforesaid, shall be and is hereby apportioned• For Park and Recreation operation, main- tenance and upkeep, 13 cents. SECTION III. There is also hereby levied and there shall be col- lected, as provided by law, an annual direct special ad valorem tax for the year 1973, for General Fund operations and for servicing of General obligation Bonds outstanding of the said City of Port Worth of $1.51 on every One Hundred Dollar ($100.00) 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. 1973, liable under the law to taxation and not exempt therefrom by the Constitution and laws of the State of Texas- The commissioner of Accounts shall pay each week to the Interest and Redemption Fund forty per cent (40%) of the current taxes collected for General Fund operations and debt service until $8, 597,609.00 has been paid to the Inter- est and Redemption Fund, after which all of said collections will remain in the General Fund. in this way the General Fund will absorb any Interest and Redemption Fund delinquen- cies and in consideration of which will receive all delin- quent tax collections during the entire year. SECTION IV. The tax levy which is hereinbefore made shall provide for the payment of interest and create a redemption fund or discharge and pay principal and interest on any obligations due or owing by the City of Fort worth, Texas, and shall not be taken as an addition to levies for the same purpose in the respective ordinances authorizing and creating such 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, and ad valorem taxes 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 de- scribed in the assessment tax rolls and the tax books of the City of Fort Worth, Texas, for the year 1973, 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 V. The taxes herein levied and authorized and required to be collected shall be and become due and payable in two equal installments. The first installment, which amount shall be fifty per cent (50%) of the total sum of the taxes due and payable for the current year, shall be due and pay- able on the first day of October, A. Da 1973, and the second installment, which amount shall be the remaining fifty per cent (50%) of the total sum due and payable in taxes for the current year, shall become due and payable on the first day of April, A. D. 1974. SECTION VI. The first installment of taxes required to be paid by virtue of this ordinance for the current year shall be- come delinquent on the first day of December, A, D. 1973, and the second installment of taxes required to be paid by virtue of this ordinance for the current year shall be- come delinquent on the first day of June, A. D. 1974. SECTION V11. Should any taxpayer permit his taxes to become de- linquent, that is to say, should fail or refuse to pay the first installment, said installment being fifty per cent (50%) of the total amount of taxes due for the current year, before the first day of December, A. D. 1973, as above speci- fied, then and in that event, the second installment shall also immediately become due and delinquent and a penalty shall attach to the payment of such taxes at the rate of one per cent (11) per month, or fraction thereof, for each month thereafter; and should any taxpayer pay the first install- ment of his taxes as hereinabove provided, but should permit the second installment of his taxes to become delinquent, that is to say, should fail or refuse to pay said second installment before the first day of Tune, A. D. 1974, as above specified, then the penalty shall attach to the payment of the second installment at the rate of one per cent (1%) per month, or fraction thereof, on each month thereafter. SECTION VIII. Said penalty of one per cent (1%) per month shall be added to said taxes in the event the Payment thereof shall become delinquent as above set forth, and said penalty shall attach on the first day of each month thereafter un- til the taxes shall have been paid, which penalty shall be and become a part of said 'taxes and be Payable as such; and provided further that in the event of the publication of the delinquent tax lists, or if suit is brought to recover such taxes and penalties and the delinquent taxpayer shall be subject to the payment of said taxes, penalties and costs, and the same shall be and become a lien upon the property of such taxpayer, as prescribed by the Charter of the City of Fort Worth, Texas, and the laws of the State of Texas, the said taxes with penalties and costs shall be and become and they are hereby made a paramount lien to all other liens whatsoever on the property on which said taxes are levied. SECTION IX. Should any part, portion, section or part of a section of this ordinance be declared invalid or inoperative or void for any reason by a court of competent jurisdiction, such decision, opinion or Judgment shall in no way affect the remaining portions, parts, sections or parts of sections of this ordinance, which provision shall be, remain and con- tinue to be in full force and effect. SECTION X. This ordinance shall take effect and be in full force and effect from and after the date of its passage as provided by law. APPROVED AS TO FORM AND LEGALITY: W 7it"44044"00011 City Attorney INE City of Fort Worth, Texas IRANAM Mayor and Council Communication ANCOCK DATE REFERENCE SUBJECT: 1973-74 Proposed Budget PAGE NUMBER 9/17/73 G-2261 I lot 1 Attached is a summary of changes in the 1973-74 proposed budget tentatively approved by the City Council at budget study sessions on September 6 and 10. Although several adjustments will be necessary in departmental appropriations as a result of tentative decisions made, it is recommended that the overall General Fund appropriation of $49,989,802 remain as originally proposed. This will result in an increase of $61,846 in the Non-Departmental Contingency Allowance in order to balance the budget. Proposed Changes in the Pay Plan The proposed change in the City's compensation plan whereby the lower two steps in the Laborer I and Sanitation Crewman classifications are to be deleted is included in the schedule of changes. Some concern was expressed during the budget study sessions over the future status of long-term City employees who have reached the top step of their salary range and who are not recommended for salary adjustments in fiscal year 1973-74. As a possible means of compensating such employees for dedicated service and to provide an incentive for continued improvement, it has been suggested by members of the City Council that the City Manager be given discretionary authority to grant pay increases amounting to 5 per cent above the existing pay range on an individual basis. If such authority is granted, it is anticipated that it would be exercised in only limited cases, and only when funds are available in existing departmental appropriations from savings in other expenditure items. Therefore, no change in appro- priations for 1973-74 would be necessary to implement the change. Action by the City Council on this proposal is requested. Recommendations It is recommended that: 1) An appropriation ordinance be adopted incorporating changes made from the City Manager's proposed budget as finally determined by the City Council; and 2) An ordinance be adopted establishing the 1973-74 ad valorem tax rate at $1.69 per $100 assessed valuation. RNL:ms Attachment SUBMITTED BY: DISPOSITION BY COUNCIL: P OCESSED BY 1a APPROVED TNER (DESCRIBE) " Adopted Ordinance No. &2/ appropriating CI s ARY budget on second reading do Ordinance No. 6W,/ DATE CITY MANAGER establiahi the ad valorem tax rate air O 2z �� ar,r u'. 4 G rt:- � e rove J y �ounci on in •ivi -u� b-� Y - ` y a1:� 8IIC1 nCt 'by City ',�'t:�yer on