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ORD 2010-47 - FY 2010-11 Tax Rate (See Ord. 2010-46) 09-14-2010ORDINANCE NO. 2010-47 AN ORDINANCE ADOPTING THE TAX RATE AND LEVYING TAXES FOR THE CITY OF HUNTSVILLE FOR THE 2010 -2011 FISCAL YEAR UPON ALL TAXABLE PROPERTY LOCATED WITHING AND SUBJECT TO TAXATION IN THE CITY; AND PROVIDING FOR THE EFFECTIVE DATE HEREOF. BE IT ORDAINED BY THE CITY COUNCIL OF THE CITY OF HUNTSVILLE, TEXAS, THAT: SECTION 1: There is levied and assessed and shall be collected for the 2010 -2011 fiscal year ending September 30, 2010, an ad valorem tax of NO AND 40.007/100 ($0.4007) DOLLARS for each ONE HUNDRED ($100.00) DOLLARS of assessed value of property located within the city limits of Huntsville, Texas on January 1, 2010, made taxable by law, which when collected, shall be apportioned among funds and departments of the city government of the City of Huntsville for these purposes: General Fund Operations $0.2134 Debt Service for Payment of General Obligations Indebtedness $0.1873 $0.4007 SECTION 2: All property upon which tax is levied shall be assessed on the basis of 100 percent of its appraised value. Property Tax Code § 26.02. SECTION 3: This ordinance shall take effect from and after its passage by City Council. PASSED AND APPROVED on this the 1e day of September 2010. THE rF HUNTSVILLE, TEXAS J. Turner, Mayor ATTEST: City 0 ecretary APPR VED AS TO FORM: L *na�dXchneider. C ity Attorney PUBLISHER'S AFFIDAVIT OF PUBLICATION THE STATE OF TEXAS, County of Walker I,. Dennis Garrison, of the aforsaid County and State, do solemnly swear that I am publisher of The Huntsville Item, a daily newspaper of general circulation which has been continuously and regularly published at Huntsville, Walker County, Texas, and is a legal newspaper and the attached notice was published in said newspaper. City of Huntsville 1 consecutive/subsquent dates previous to the return day therof to wit: On 20 -Aug 2010 On 2010 On 2010 On 2010 On 2010 On 2010 p� _/ Publisher Subscribed and sworn to this 20th day of (Seal) August 2010 Notary Public, Walker County, Texas ) NINA HANSEN My Commission Expires January 27, 2013 City of Huntsville Publication - 'att.net Mail' AIRDC) ' ' 1 City of Huntsville Publication Frorn "Stacey Poteete" <stacey_wcad©sbcglobal.net> To: "Nina Hansen" <nina2hansen@yahoo.com> 1 File (21KB) Effective ... Nina, Page 1 of 1 Thursday, August 19, 2010 10:54 AM Please see the attachment for the City of Huntsville's Effective/Rollback Rate Publication. Publication requirements are : Must be at least 8 point type but can appear in any section of the paper. Please publish in your next available spot and let me know when to tell the City they can expect to see it. Thank You, Stacy Stacey M. Poteete, RPA, RTA, CTA Assistant Chief Appraiser. Walker CAD stacey wcad©sbcglobal.n.et cell: 936-577-0771 office: 936-295-0402 ext.1 i. fax: 936-295-0222 http://us.mc817.mail.yahoo.com/mc/showMessage?sMid=1 &filterBy=&.rand=952522817... 8/19/2010 2010 Property Tax Rates in Huntsville City This notice concerns 2010 property tax rates for Huntsville City. It presents information about three tax rates. Last year's tax rate is the actual rate the taxing unit used to determine property taxes last year. This year's effective tax rate would impose the same total taxes as last year if you compare properties taxed in both years. This year's rollback tax rate is the highest tax rate the taxing unit can set before taxpayers can start tax rollback procedures. In each case these rates are found by dividing the total amount of taxes by the tax base (the total value of taxable property) with adjustments as required by state law. The rates are given per $100 of property value. Last year's tax rate: Last year's operating taxes Last year's debt taxes Last year's total taxes Last year's tax base Last year's total tax rate This year's effective tax rate: Last year's adjusted taxes (after subtracting taxes on lost property) $4,159,451 =This year's adjusted tax base (after subtracting value of new property) $ I,026,971,181 =This year's effective tax rate 0.405000/$100 This year's rollback tax rate: Last year's adjusted operating taxes (after subtracting taxes on lost property and adjusting for any transferred function, tax increment financing, state criminal justice mandate and/or enhanced indigent health care expenditures) $4,355,239 +This year's adjusted tax base $1,026,971,181 =This year's effective operating rate 0.424000/$100 x 1.08 = this year's maximum operating rate 0.457900/8100 +This year's debt rate 0.187300/$100 =This year's rollback rate 0.645200/$100 A hospital district or city that collects the additional sales tax to reduce property taxes, including one that collects the tax for the first time this year, must insert the following lines: -Sales tax adjustment rate 0.194900/$100 =Rollback tax rate 0.450300/$100 Statement of Increase/Decrease if Huntsville City adopts a 2010 tax rate equal to the effective tax rate of 0.405000 per $100 of value, taxes would increase compared to 2009 taxes by $ 32,827. Schedule A: Unencumbered Fund Balances: The following estimated balances will be left in the unit's property tax accounts at the end of the fiscal year. These balances are not encumbered by a corresponding debt obligation. Type of Property Tax Fund General Fund Schedule B: 2010 Debt Service: The unit plans to pay the following amounts for long-term debts that are secured by property taxes. These amounts will be paid from property tax revenues (or additional sales tax revenues, if applicable). Description of Debt Principal or Contract Payment to Interest to be Paid from Property Other Amounts to be Paid from Property Taxes 1 —Taxes be Paid Capital Projects 1,552,480 397,494 300,000 Total required for 2010 debt service - Amount (if any) paid from funds listed in Schedule A - Amount (if any) paid from other resources - Excess collections last year = Total to be paid from taxes in 2010 + Amount added in anticipation that the unit will collect only 100.000000% of its taxes in 2010 = Total Debt Levy Schedule C - Expected Revenue from Additional Sales Tax (For hospital districts, cities and counties with additional sales tax to reduce property taxes) In calculating its effective and rollback tax rates, the unit estimated that it will receive $ 2,028,939 in additional sales and use tax revenues. For County: The county has excluded any amount that is or will be distributed for economic development grants from this amount of expected sales tax revenue. $2,707,315 $2,116,256 $4,823,571 $1,042,309,848 0.4007003100 Balance 5,055,945 Total Payment 2,249,974 $2,249,974 $0 $300,000 $0 $1,949,974 $0 $1,949,974 This notice contains a summary of actual effective and rollback tax rates' calculations. You can inspect a copy of the full calculations at 1819 Sycamore , Huntsville, TX 77340. Name of person preparing this notice: Stacey Poteete Title: Asst. Chief Appraiser Date prepared: August 19, 2010 uses linked tQ likely to grow are preventative measures that have been in place that could have prevented this." SHERRI MCGARRY, FDA'S CENTER FOR FOOD SAFETY itchell, a spokes- far has been centered on restau he company, said it rants in California, Colorado, guidance issued by Minnesota and North Carolina. gg Producers, an The eggs were distributed o p. Those proce- around the country and pack - several aspects of aged under the names Lucerne, „Igg safety rule. Albertson, Mountain Dairy, Garry said illness- Ralph's, Boomsma's, Sunshine, ed back to eggs pro- Hillandale, Trafficanda, Fann Fof five farms the Fresh, Shoreland, Lund, Dutch y owns. The Fanns and Kemp. which includes The businessman who owns ords review and Wright- County Egg, Jack. ssessments, ' ;is DeCoster, has been cited: for ose three farms. ^numerous health, safety andis the most conn employment violations in the food Jpoisoningpast":, 9-997; DeCostei g, and ,'the strain Farms. agreed to pay $2 million e outbreak is the nn fines to settle citations .`kind _of,.salnio-_ .... bxo_ught=in `1996 for health and sounting for roughly, safety violations at DeCoster's ST all such food poi- ' farm in Turner, Maine. Wright County Egg is Moore,, llaav e,rec. .,une is food . stributor " Dutch arms" which says the compa nye used unauthorized cartons to. ackage and sell eggs under its brand name without its knowl- edge. The `other is from a per-- sonwho said they became ill' ter eating tainted eggs in ' a salad . -at- -" a restaurant in ei have seen' a Keid'osha, Wis. oris of ne. same " The outbreak also raised new one la ; S,pikes or"" questions about which federal std gacio�is cases agency is responsible `.for n deported LL'in inspecting egg farms. �ievada FDA's McGarry told 'exas and " reporters Thursday that the agency -"does not have an said i &stigations . inspectional history with this since,`April"have firm," citing jurisdictional cases in restau- " issues. When asked who does ore than one per- have jurisdiction, McGarry ill. Preliminary pointed to the Agriculture - showed that Department. Yet USDA over the supplier in at sees voluntary grading inspec- tios but does not test fo ,sat; .monella-in'shell eggs. 2010 Property Tax Rates in Huntsville City This notice concerns 2010 property tax rates for Huntsville City. It presents information about three tax rates. Last year's tax rate is the actual rate the taxing unit used to determine property taxes last year. This year's effective tax rate would impose the same total taxes as last year if you compare properties taxed in both years. This year's rollback tax rate is the highest tax rate the taxing unit can set before taxpayers can start tax rollback procedures. In each case these rates are found by dividing the total amount of taxes by the tax base (the OA value of taxable property) with adjustments as required by state law. The rates are given per $100 of property value. Last_year's tax-ratef Last year's operating taxes Last year's debt taxes Last year's total taxes Last year's tax base Last year's total tax rate This year's effective tax rate: Last year's adjusted taxes (after subtracting taxes on lost property) +This year's adjusted tax base (after subtracting value of new property) =This year's effective tax rate This year's rollback tax rate: Last year's adjusted operating taxes (after subtracting taxes on lost property and adjusting for any transferred function, tax increment financing, state criminal justice mandate and/or enhanced indigent health care expenditures) • +This year's adjusted tax base =This year's effective operating rate x1.08 = this year's maximum operating rate +This year's debt rate =This year's rollback rate $2,707,315 $2,116,256 $4,823,571 $1,042,309,848 0.400700/$100 $4,159,451 $1,026,971,181 0.405000/$100 $4,355,239 $1,026,971,181 0.4240001$100 0.457900/$100 0.187300/$100 0.645200/$100 A hospital district or city that collects the additional sales tax to reduce property taxes, including one that collects the tax for the first time this year, must insert the following lines: -Sales tax adjustment rate 0.194900/$100 Rollback tax rate 0.4503003100 Statement of Increase/Decrease if Huntsville City adopts a 2010 tax rate equal to the effective tax rate of 0.405000 per $100 of value, taxes would increase compared to 2009 taxes by $ 32,827. Schedule A: Unencumbered Fund Balances: The following estimated balances will be left in the unit's property tax accounts at the end of the fiscal year. These balances are not encumbered by a corresponding debt obligation. Type of Property Tax Fund Balance General Fund Schedule B: 2010 Debt Service: The unit plans to pay the following amounts for long -tern debts that are secured by property taxes. These amounts will be paid from property tax revenues (or additional sales tax revenues, if applicable). Description of Debt Principal or Contract Payment to Interest to be Paid from Property Other Amounts to be Paid from Property Taxes Taxes be Paid Capital Projects 1,552,480397,494 300,000 Total required for 2010 debt service Amount (if any) paid from funds listed in Schedule A Amount (if any) paid from other resources Excess collections last year = Totaito be paid from taxes in 2010 + Amount added in anticipation that the unit will collect only 100.000000% of its taxes in 2010 = Total Debt Levy Schedule C - Expected Revenue from Additional Sales Tax (For hospital districts, cities and counties with additional sales tax to reduce property taxes) In calculating its effective and rollback tax rates, the unit estimated that it will receive $ 2,028,939 in additional sales and use tax revenues. For County: The county has excluded any amount that is or will be distributed for economic development grants from.this amount of expected sales tax revenue. 5,055,945 Total Payment 2,249,974 $2,249,974 $0 $300,000 $0 $1,949,974 $0 $1,949,974 This notice contains a summary of actual effective and rollback tax rates' calculations. You can inspect a copy of the full calculations at 1819 Sycamore, Huntsville, TX 773-40. Name of person preparing this notice: Stacey9oteete Title: Asst. Chief Appraiser Date prepared: August 19, 2010