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O741 levying Municipal Ad Valorem taxes 2022-2023ORDINANCE NO. 741 AN ORDINANCE LEVYING MUNICIPAL AD VALOREM TAXES FOR THE CITY OF KENNEDALE, TEXAS, FOR THE FISCAL YEAR BEGINNING OCTOBER 1, 2022, AND ENDING SEPTEMBER 30, 2023; DIRECTING THE ASSESSMENT AND COLLECTION THEREOF; PROVIDING FOR THE APPROVAL OF THE TAX ROLL; PROVIDING A SEVERABILITY CLAUSE; AND PROVIDING AN EFFECTIVE DATE CLAUSE. WHEREAS, the City Council of the City of Kennedale, Texas, has approved on the 6thth day of September 2022, the budget for the fiscal year beginning October 1, 2022, and ending September 30, 2023; and WHEREAS, the City Council hereby finds that a tax at the rate set forth below for the fiscal year beginning October 1, 2022, and ending September 30, 2023, must be levied to provide the revenue requirements of the budget for the ensuing year; and WHEREAS, the City Council desires to approve the official tax roll of the City which is calculated based upon the adopted tax rate;. and WHEREAS, all statutory and constitutional requirements concerning the levying and assessing of ad valorem taxes have been completed in due and correct time, Including providing notice of and conducting public hearings regarding the ad valorem tax levied hereby. NOW, THEREFORE, BE IT ORDAINED BY THE CITY COUNCIL OF THE CITY OF KENNEDALE, TEXAS, THAT: SECTION 1. For the current expense of the City of Kennedale and for the general improvements of the City and its property, there is hereby levied and ordered to be assessed and collected for the fiscal year beginning October 1, 2022, and ending September 30, 2023, and for each fiscal year thereafter until it be otherwise provided and ordained, on all property situated within the corporate limits of the City of Kennedale, and not exempt from taxation by valid laws, an ad valorem tax rate of $0.706190 cents on each One Hundred Dollars ($100.00) of valuation of such property, to be assessed as follows: $0.669164 $0.137036 $0.706190 FOR THE PURPOSE OF MAINTENANCE AND OPERATION FOR THE PURPOSE OF INTEREST AND SINKING TOTAL TAX RATE THIS TAX RATE WILL RAISE MORE TAXES FOR MAINTENANCE AND OPERATIONS THAN LAST YEAR'S TAX RATE. THE TAX RATE WILL EFFECTIVELY BE RAISED BY 9.02 PERCENT AND WILL RAISE TAXES FOR MAINTENANCE AND OPERATIONS ON A $100,000 HOME BY APPROXIMATELY $51.34. This tax rate will raise less taxes for Interest and Sinking payments than last year's tax rate. The Interest and Sinking rate will effectively decrease by (28.3%) and will decrease taxes for maintenance and operations on a $100,000 home by approximately $54.10 SECTION 2. The taxes herein are levied according to law and shall be due and payable on October 1, 2022, and the same shall become delinquent on February 1, 2023. Should any taxpayer fail to make payment before the date of delinquency, a penalty and interest as provided by law shall be assessed until the unpaid taxes and penalty have been satisfied. SECTION 3. Pursuant to the authority granted by Section 33.07 of the Texas Tax Code, in the event that the taxes become delinquent on or after February 1, 2023, but not later than May 1, 2023, and that remain delinquent on July 1, 2023, and in the event such delinquent taxes are referred to an attorney for collection, an additional amount of twenty percent (20%) of the total amount of tax, penalty and interest then due shall be added as collection costs to be paid by the taxpayer. SECTION 4. Pursuant to the authority granted by Section 33.08 of the Texas Tax Code, the City further provides that all taxes that become delinquent on or after June 1, 2023, shall, in order to defray the costs of collection, incur an additional penalty in the amount of twenty percent (20%) of the delinquent tax, penalty and interest. SECTION 6. The tax roll for tax year 2022 for the City of Kennedale, Texas, is hereby approved. SECTION 6. In the event any section, subsection, clause, sentence, or phrase of this ordinance shall be declared or adjudged invalid or unconstitutional, such adjudication shall in no means affect any other section, subsection, clause sentence, or phrase of this ordinance, but all the rest thereof shall be in full force and effect just as though the section, subsection, sentence, clause or phrase so declared or adjudged invalid or unconstitutional was not originally a part thereof. SECTION 7. This ordinance shall be in full force and effect from and after its passage. '7 A I •-r V PASSED AND APPROVED BY THE CITY COUNCIL OF THE CITY OF KENNEDALE, TEXAS, THIS THE 13TH DAY OF SEPTEMBER, 2022. ATTEST: INTERI CITY SECRE APPROVED: MAYOR;PRO TEM JANiJJOPLIN CAROLINE GREEN APPROVED AS TO FORM AND LEGALITY: CITY ATTORNEY CARVAN E. ADKINS