Ordinance 1962-01
ORDINANCE
#62-1
AN ORDINANCE FIXING THE FISCAL YEAR FOR THE CITY OF \.vYLIE
FOR ACCOUNTING AND BUDJETING PURPOSES; FIXING THE ASSESS-
BENT YEAR FOR TAX PLJRPOS;;S; PROVIDING FOR THE RENDITION OF
PROPERTY FOR TAXATION AND PROVIDING THE TIHH: AND NANNER OF
PAYING TAXES.
BE IT ORDAINED BY rHE CITY COLNCIL OF mE CITY OF vvYLIE, TEXAS:
SECTION 1. The fiscal year for accounting and budgeting purposes
of the City of Wylie, shall begin on the 1st day of October of each
calendar year and shall terminate on the 30th day of September of the
next succeeding calendar year.
SECTION 2. The assessment year for tax purposes of the City of
Wylie shall begin on the 1st day of January of each calendar year.
SI!:CTION 3. Each person, partnership, and corporation owning property
within the limits of the City of Wylie shall, between January 1st and
April 1st of each calendar year, hand to the City Assessor and Collector
a full and complete sworn inventory of the property possessed or controlled
by hL~, her or them witrun said limits of the said City on the 1st day of
January of each calendar year.
S8C'ITON 4. City taxes levied by the governing body of the City of
Wylie, Texas, each year shall become due on the first day of October of
the year for which the levy is made and may be paid up to and including
the following January 31st, without penalty, but if not so paid such
taxes shall become delinquent on the following day, February 1st, and the
following penalty shall be payable thereon, to-wit: if paid durin~ the
month of February, one percent (1%); durin'~ the month of JV1arch, two per-
cent (2%); April, three percent (3%); May, four percent (4%); June, five
percent (5%); and on and after the first day of July, eight percent (8%).
Such unnaid taxes shall bear interest at the rate of six percent (6%)
per annum from February 1st of the year next succeeding the year for which
such taxes were le vied or assessed.
SJi:CTION 5. Unpaid taxes for the assessment year 1962 and all prior
years shall be considered delinquent as of February 1st of the year next
succeeding the year for which such taxes were levied or assessed and
shall be subject to a penalty of eight percent (8%) and interest at
the rate of six percent (6%) per annum from the date of their delinquency.
PASSED AND APPROVED this the 13th day of February, 1962.
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ATTEST:
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City Secretary
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