Ordinance 1990-15
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ORDINANCE NO.
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AN ORDINANCE FIXING THE TAX RATE AND LEVY IN AND
FOR THE CITY OF WYLIE, TEXAS FOR THE YEAR 1990,
UPON ALL TAXABLE PROPERTY IN SAID CITY OF WYLIE,
TEXAS, FOR THE PURPOSE OF PAYING THE CURRENT
EXPENSES OF SAID CITY OF T HE FISCAL YEAR ENDING
SEPTEMBER 30, 1991, 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 1990
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., 1990, except so much
thereof as may be exempt by the Constitution
of laws of the State of Texas, a total tax of
Sixty-one and one-half cents (0.6150), 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 Forty and
seven hundred and eleven hundredths cents (0.40711) on
each One Hundred Dollars ($100.00) of assessed
valuation of said taxable property is hereby levied
for the year 1988, 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 Wylie, Texas.
SECTION 3 An ad valorem tax of and at the rate of Twenty
and seven hundred eighty-nine thousandth cents (.20789)
on each One Hundred ($100.00) of assessed valuation
of said taxable property is hereby levied for the year
of 1990, 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
said City of Wylie, Texas for the fiscal year ending
September 30, 1991.
SECTION 4 The City of Wylie shall have a lien 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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650
SECTION 5 Taxes are payable in Wylie, Texas at
the Tax-Assessor Collector, Finance
Municipal Complex. The City shall have
the rights and remedies provided by
enforcement of the collection of taxes
this ordinance.
the Office of
Department,
available all
law for the
levied under
SECTION 6 That the tax roll presented to the City Council,
together with any supplements thereto, be and same are
hereby accepted. (See attachment A - 1990 Certified Tax
Roll, Attachment B - 1990 property Tax Rates.)
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 of the provisions of this Ordinance are hereby
expressively repealed.
SECTION 9 The caption of this ordinance to be published one
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 l,TH DAY OF
SEPTEMBER, 1990.
)
Mayor
ATTEST:
Secretary
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ANY PROVISION HEREIN WHICH RESTRICTS THE SALE,
RENTAL OR USE OF THE DESCRIBED REAL PROPERTY
BECAUSE OF COLOR OR RACE IS INVALID AND UNEN-
FORCEABLE UNDER FEDERAL LAW.
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CCM CLEM Collo Camig Tan
Attachment A
CENTRAL APPRAISAL DISTRICT
OF
COLLIN COUNTY
FAX 1201 W. 15th Street, Room 136 214/423 -8802
424 -9778 Plano, Texas 75075 -7261 214/542 -0306
July 17, 1990
Prudence Kling, Assessor
City of Wylie
P. 0. Box 428
Wylie, TX 75098
RE: 1990 Appraisal Rolls
Dear Ms. Kling:
The 1990 Appraisal Rolls have been completed and approved by
the Appraisal Review Board. The data transfer tapes are
being processed and should be delivererd to your tax
assessor collector by Friday, July 20, 1990.
The total certified taxable value for the City of Wylie is
$333,109,050.
This total includes new property added for 1990:
New Construction 15,491,660
New Personal Property 34,418,259
Annexation 56,300
Total New Property 49,966,219
If you should have any questions concerning this
information, please contact us.
Sincerely, Q
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Jimmie C. Honea
Chief Appraiser
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Attachment B Page 1
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 $75,000
General Fund Debt Service $7,000
SCHEDULE B: 1990 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).
Principal
Description Contract Payment Interest Other Amounts Total
of Debt to be Paid to be Paid to be Paid Payment
Cert of Oblig 1980 15,000 2,550 315 17,865
Cert of Oblig 1988 30,000 106,840 810 137,650
Cert of Oblig 1989 15,000 13,454 360 28,814
GO Bonds 1986 50,000 130,260 925 181,185
GO Bonds 1986 30,000 1,050 380 31,430
Gen Oblig 1988 80,000 15,888 385 96,273
Cert of Oblig 1990 32,145 166,205 925 199,275
TOTALS 252,145 436,247 4100 692,492
Total required for 1990 debt service 692,492
Amount (if any) paid from funds listed in
Schedule A 0
Excess collections last year 0
Total to be paid from taxes in 1990 692,492
Amount added in anticipation that the unit will
collect only of its taxes in 1990 0
Total Debt Service Levy 692,492
This notice contains a summary of actual effective and rollback tax rate calculations.
You can inspect a copy of the full calculations at the City of Wylie; 2000 Highway
78 North, Wylie, Texas 75098,
Prudence Kling City of Wylie
Ta:: A:.,.sor- CcIlo_t
Date
1990 PROPERTY TAX RATES IN THE City of Wylie
Page 2
Attachment B
This notice concerns 1990 property tax rates for City of 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 operating taxes 1,209,437
Last year's debt taxes 484,367
Last year's total taxes 1,693 804
Divided by last year's tax base 305,189,982
Last year's total tax rate 0.55500,0 /100
This year's effective tax rate:
Last year's adjusted taxes 1,693,052
(after subtracting taxes on lost property
and taxes to correct appraisal roll errors)
Divided by this year's adjusted tax base 283,142,831
(after subtracting taxes on new property)
This year's effective tax rate 0.59795 /100
x 1.03
Maximum rate unless unit publishes
notices and holds hearings 0.615888 /100
This year's rollback tax rate:
Last year's adjusted operating taxes 1,208,900
(after subtracting taxes on lost property
and taxes to corrrect appraisal roll errors
and adding taxes lost in court suits)
11 Divided by this year's adjusted tax base 283,142,831
q (after subtracting taxes on new property)
This year's effective operating rate 0.42696 /100
,I x 1.08
This year's maximum operating rate 0.46111 /100
This year's debt rate 0.20789 /100
This year's rollback rate 0.66900 /100
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THE WYLIE NEWS P. O. BOX 369 WYLIE, TEXAS 75098
STAPE OF TEXAS
COUNTY OF COLLIN 0
Before me, the undersigned authority, on this day personally
appeared Truett Smith, of the Wylie News, a newspaper regularly
published in Collin County, Texas and having general circulation
in Collin County, Texas who being by me duly sworn deposed and
says that the forgoing attached
CITK OF WYLIE ORDINANCE No. 90- 15
was published in said newspaper on the following dates to wit:
October 17 ,1990 and ,1990.
Subscribed and sworn to before me this the
day of o 1 ,1990 to certify which witness my
hand and seal of fice.
WVO4)0(c.WW 0.
Margaret Cook
Notary Public in and for the
State of Texas
My Commission expires 9 -12 -93
Serving Wideawake Wylie Since 1947
Page 4 Section B THE WYLIE NEWS Wednesday, October 17, 1990
ORDINANCE NO. 90-15
AN ORDINANCE FIXING
THE TAX RATE AND
LEVY IN AND FOR THE
CITY OF WYLIE, TEXAS
FOR THE YEAR 1990,
UPON ALL TAXABLE
PROPERTY IN SAID CITY
OF WYLIE, TEXAS, FOR
THE PURPOSE OF PAY-
ING THE CURRENT EX
PENSES OF SASID CITY
OF THE FISCAL YEAR
ENDING SEPTEMBER 30,
1991, AND THE FURTHER
PURPOSE OF CREATING
A SINKING FUND TO
RETIRE AND THE PRIN-
CIPAL AND INTEREST
OF THE BONDED IN
DEBTEDNES8 OF SAID
CLTY: PROVIDING FOR A
LIEN ON ALL REAL AND
PERSONAL PROPERTY
TO SECURE PAYMENT
OF TAXES HUE
THEREON: PROVIDING
THAT IN THE EVENT
ANY PROVISIONS OF
THIS ORDINANCE BE
HELD JNCONSTITU-
TIONAL AND THAT SUCH
HOLDING' SHALL NOT
AFFECT THE REMAIN-
ING PROVISIONS
HEREOF: REPEALING
ALL ORDINANCES AND
PARTS THEREOF IN CON
FLICT, HEREWITH AND
PROVIDING FOR
PUBLICATION:
NOW THEREFORE, BE
IT ORDAINED BY THE CI-
TY COUNCIL OF THE CI-
TY OF WYLIE, TEXAS:
PASSED AND APPROV-
ED, AND ORDERED
PUBLISHED BY THE CI-
TY COUNCIL OF THE CI-
TY OF WYLIE, TEXAS,
THIS THE 15TH DAY OF
SEPTEMBER 1990.
John W. Akin
Mayor
ATTEST: Carolyn Jones
City Secretary
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