Ordinance 1989-18
3132
237
48034
ORDl.A"CE NO.
sr-/K
AN ORDINARCE FIXING THE TAX RATE AND LEVY IN AND FOR THE
CITY OF WYLIE, TEXAS FOR THE YEAR 1989, UPON ALL TAXABLE
PROPERTY IN SAID CITY OF WYLIE, TEXAS, FOR THE PURPOSE OF
PAYING THE CURRENT EXPENSES OF SAID CITY OF THE FISCAL YEAR
ENDING SEPTEMBER 30, 1990 AND THE FURTHER PURPOSE OF
CREATING A SINKING FUND TO RETIRE AND THE PRINCIPAL AND
INTEREST OF THE BONDED INDEBTEDNESS OF SAID CITY: PROVIDING
FOR A LIEN ON ALL REAL AND PERSONAL PROPERTY TO SECURE
PAYMENT OF TAXES DUE THEREON: PROVIDING THAT IN THE EVENT
ANY PROVISIONS OF THIS ORDINANCE BE HELD UNCONSTITUTIONAL
AND THAT SUCH HOLDING SHALL NOT AFFECT THE REMAINING
PROVISIONS HEREOF: REPEALING ALL ORDINANCES AND PARTS
THEREOF IN CONFLICT HEREWITH AND PROVIDING FOR PUBLICATION:
NOW, THEREFORE, BE IT ORDAINED BY THE CITY COUNCIL OF THE
CITY OF WYLIE, TEXAS:
SECTION 1 There is hereby levied for the fiscal year 1989
upon all real property situated within the
corporate limits of said City of Wylie, Texas, and
upon all personal property which was owned within
the corporate limits of said City of Wylie, Texas,
on the first day of January, A.D., 1989, except so
much thereof as may be exempt by the Constitution
of the State of Texas, a total tax of Fifty-five
and one-half cents (.5550), on each One Hundred
($100.00) Dollars of assessed valuation on all of
said property which said total tax here now levied
as aforesaid is respectively as follows:
SECTION 2 An ad valorem tax of and at the rate of Thirty-
nine and six hundred twenty-nine thousandth cents
(0.39629) on each One Hundred Dollars ($100.00) of
assessed valuation of said taxable property is
hereby levied for the year 1989, for the general
city purposes and to pay the current operating
expenses of said City of Wylie, Texas, for the
fiscal year ending September 30, 1990, which tax,
when collected shall be appropriated to and for
the credit of the General Fund of said City of
Wyl ie, Texas.
SECTION 3 An ad valorem tax of and at the rate of Fifteen
and eight hundred seventy-one thousandth cents
(0.15871) on each One Hundred ($100.00) of
assessed valuation of said taxable property is
hereby levied for the year of 1989, for the
purpose of creating an Interest and Sinking Fund
with which to pay the interest and retire the
principal of the valid bonded indebtedness,
capital lease payments, and related fees of the
City of Wylie, Texas, now outstanding, and such
tax when collected shall be appropriated and
deposited in and to the credit of the Interest and
Sinking Fund of the City of Wylie, Texas for the
fiscal year ending September 30, 1990.
SECTION 4 The City of Wylie shall have alien on all taxable
property located in the City of Wylie to secure
the payment of taxes, penalty interest, and all
costs of collection, assessed, and levied hereby.
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238
SECTION 5 Taxes are payable in Wylie, Texas at the Office of
the Tax-Assessor Collector, Finance Department,
Municipal Complex, 2000 Hwy 78 North (P.O. Box
428). The City shall have available all the
rights and remedies provided by law for the
enforcement of the collection of taxes levied
under this ordinance.
SECTION 6
That the tax roll presented to the City
together with any supplements thereto, be
are hereby accepted. (See Attachment A
Certified Tax Roll, Attachment B - 1989
Tax Rates)
Council,
and same
1989
Property
SECTION 7 In the event any provision of this Ordinance shall
be held unconstitutional and invalid by a court of
competent jurisdiction, the same shall not affect
the remaining provisions thereof.
SECTION 8 All Ordinances and part thereof in conflict with
any"otthe provisions of this Ordinance are hereby
expressively repealed.
SECTION 9 The caption of this ordinance to be published on
time in a newspaper having general circulation in
the City of Wylie, Texas, and to become effective
immediately upon its passage and publication.
PASSED AND APPROVED, AND ORDERED PUBLISHED BY THE CITY
COUNCIL OF THE CITY OF WYLIE, TEXAS, THIS THE 12TH DAY OF
SEPTEMBER, 1989. "...--;;-" '
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Chuck Trimble, Mayor
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ATTACHMENT A
CENTRAL APPRAISAL DISTRICT
OF
COLLIN COUNTY
1201 W. 15th Street, Room 136
PIano, Thxas 75075
214/423-8802
214/542-0306
July 20, 1989
Mr. Charles Norwood, City Manager
City of Wylie
P. O. Box 428
Wylie, Texas 75098
Re: 1989 Appraisal Rolls
Dear Mr. Norwood,
The 1989 Appraisal Rolls have been completed and approved by the Appraisal Review
Board. The data transfer tapes have been processed and should be delivere~ to your
tax assessor-eollector on Monday, July 24, 1989.
The total certified taxable value for the City of Wylie is $305,872,622.
This total includes new property added for 1989:
New Construction
New Personal Property
Annexation
$
$
$
15,483,746
928,151
3,257,847
Total New Property
$
19,669,744
If you should have any questions concerning this information, please contact us. Thank
you for your support and confidence.
Sincerely,
Q~ (1 ~"-
~:e C. Honea
Chief Appraiser
JCH/dlw
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CENTRAL APPRAISAL DISTRICT
OF
COLLIN COUNTY
1201 W. 15th Street, Room 136
PIano, Thus 75075
214/423-8802
214/542-0306
STATE OF TEXAS
COUNTY OF COLLIN
x
X
X
PROPERTY TAX CODE, SECTION 26.01(a)
CERTIFICATION OF APPRAISAL ROLL FOR City of Wylie
I, Jimmie C. Honea, Chief Appraiser for the Central Appraisal District of Collin
County solemnly swear that the attached is that portion of the approved Appraisal Roll
of the Central Appraisal District of Collin County which lists property taxable
by City of Wylie and constitutes the appraisal roll for City of Wylie in ~e amount of
$305,872,622.
July 20, 1989
Approval of the appraisal records by the Central Appraisal District of
Collin County Appraisal Review Board occurred on the 13th day of
July, 1989.
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ArrACBKENT B
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1989 PROPERTY TAX RATES IN THE CITY OF WYLIE
This notice concerns 1989 property tax rates tor City ot Wylie. 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. Compare
it to the tax rate the taxing unit proposes for this year. 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 opera ting taxes $ 1,027,941
+ Last year's debt taxes $ 474,415
= Last year's total taxes $ 1,502,356
.;. Divided by last year's tax base $ 293,142,666
= Last year's total tax rate $ 0.512500 /100
This year's effective tax rate:
Last year's adjusted taxes $ 1,498,680
{after subtracting taxes on lost property
and taxes to correct appraisal roll errors)
.;. Divided by this year's adjusted tax base $ 286,202,908
(after subtracting taxes on new property)
= This year's effective tax rate $ 0.523642 /100
x 1.03
= Maximum rate unless unit publishes
notices and holds hearings $ 0.539352 /100
This year's rollback tax rate:
Last year's adjusted operating taxes $ 1,055,948
(after subtracting taxes on lost property
and taxes to corrrect appraisal roll errors
and adding taxes lost in court suits)
. /. Divided by this year's adjusted tax base $ 286,202,908
(after subtracting taxes on new property)
= This year's effective operating rate $ 0.36895 /100
x 1.08
= This year's maximum operating rate $ 0.39847 /100
+ This year's debt rate $ 0.15871 /100
= This year's rollback rate $ 0.55718 /100
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SCHEDULE A: Unencumbered Fund Balances
The following balances will probably 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. M &: 0
General Fu~d I &: S
SCHEDULE B: 1989 DEBT SERVICE
$ 20,200
$ 6,890
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).
Principal
Description Contract Payment Interest Other Amounts Total
of Debt to be Paid to be Paid to be Paid Payment
1980 Cert. of Ob' $ 15,000 $ 3,825 $ 315 $ 19,140
1988 Cert. of Ob $ 30,(}00 $ 110,065 $ 810 $ 140,875
1989 Cert. of Ob $ 15,000 $ 17,100 $ 360 $ 32,460
1986 Gen Ob Bonds $ 50,000 $ 135,385 $ 925 $ 186,310
1986 General Obligation
(Equip Notes/Pub. Safety) $ 30,000 $ 3,150 $ 380 $ 33,530
1988 General Obligation
(Equipment Notes) $ 75,000 $ 21,025 $ 385 $ 96,410
TOTALS $ 215,0,00 $ 290,550 $ 3,175 $ 508,725
Total required for 1989 debt service $ 508,725
Amount (if any) pa.id from (unds listed in
Schedule A $ 0
Excess collections last year $ 23,270
= Total to be paid from taxes in 1988 $ 485,455
+ Amount added in anticipation that the unit will
collect only 100% of its taxes in 1989 $ 0
= Total Debt Service Levy $ 485,455
notice contains a summary of actual effective and rollback tax rate calculations.
full calculations at the City of Wylie; 2000 Highway
g/id/j
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