OR 2011-1291 Levying taxes for the year 2011
ORDINANCE NO. 2011-1291
AN ORDINANCE OF THE CITY OF COPPELL, TEXAS, LEVYING THE AD
VALOREM TAXES FOR THE YEAR 2011 AT A RATE OF .69046 PER ONE
HUNDRED DOLLARS ($100) ASSESSED VALUATION ON ALL TAXABLE
PROPERTY WITHIN THE CORPORATE LIMITS OF THE CITY AS OF
JANUARY 1, 2011; TO PROVIDE AN INTEREST AND SINKING FUND ON ALL
OUTSTANDING DEBTS OF THE CITY; PROVIDING FOR DUE AND
DELINQUENT DATES TOGETHER WITH PENALTIES AND INTEREST; AND
DECLARING AN EFFECTIVE DATE.
WHEREAS,
the property tax rate for the year 2011-2012 will not be increased by the
adoption of $0.69046, which is the same tax rate adopted for the previous fiscal year.
BE IT ORDAINED BY THE CITY COUNCIL OF THE CITY OF COPPELL, TEXAS:
SECTION 1.
That there be and is hereby levied for the year 2011 on all taxable property, real,
personal and mixed, situated within the limits of the City of Coppell, Texas, and not exempt by the
Constitution of the State and valid State laws, a tax of .69046 on each One Hundred Dollars ($100) assessed
value of taxable property, and shall be apportioned and distributed as follows:
PURPOSE
a) For the of defraying the current expenses of the municipal government of the City,
a tax of $.49577 on each One Hundred Dollars ($100) assessed value of all taxable property.
PURPOSE
b)For the of creating a sinking fund to pay the interest and principal on all outstanding
bonds of the City, not otherwise provided for, a tax of $.19469 on each One Hundred Dollars
($100) assessed value of all taxable property, within the City which shall be applied to the
payment of such interest and maturities of all outstanding bonds.
SECTION 2.
That all ad valorem taxes shall become due and payable on October 1, 2011 and all
ad valorem taxes for the year shall become delinquent after January 31, 2012. There shall be no discount
for payment of taxes prior to said January 31, 2012. A delinquent tax shall incur all penalty and interest
authorized by law (Section 33.01, et seq., Texas Property Tax Code), to wit: a penalty of six percent of the
amount of the tax for the first calendar month it is delinquent plus one percent for each additional month or
portion of a month the tax remains unpaid prior to July 1 of the year in which it becomes delinquent.
Provided, however, a tax delinquent on July 1, incurs a total penalty of twelve percent (12%) of the
amount of the delinquent tax without regard to the number of months the tax has been delinquent. A
delinquent tax shall also accrue interest at a rate of one percent for each month or portion of a month the tax
remains unpaid. An additional penalty on delinquent personal property taxes for tax years 2011 and
subsequent years is hereby authorized and imposed as provided by Section 33.11. TEXAS PROPERTY
TAX CODE, in the amount of twenty percent (20%) of the delinquent tax, penalty and interest if tax
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becomes delinquent on February 1 of a year and remains delinquent on the 60 day thereafter. Taxes that
remain delinquent on July 1, 2012, incur an additional penalty not to exceed twenty percent of the amount
of taxes, penalty, and interest due; such additional penalty is to defray costs of collection due to contract
with the City’s Attorney pursuant to Section 6.30 and Section 33.07 of the Property Tax Code, as amended.
Taxes for the year 2011 and taxes for all future years that remain delinquent on or after June 1 under Texas
Property Tax Code Sections 26.07(f), 26.15(e), 31.03, 31.031, 31.032 or 31.04 incur an additional penalty
in an amount not to exceed twenty percent (20%) of taxes, penalty and interest due, pursuant to Texas
Property Tax code Section 6.30 and Section 33.08, as amended.
SECTION 3.
Taxes are payable in Coppell, Texas, at the office of the Tax Assessor/Collector.
The City shall have available all rights and remedies provided by law for the enforcement of the collection
of taxes levied under this ordinance.
SECTION 4.
That the tax rolls, as presented to the City Council together with any supplement
thereto, be, and the same are hereby approved.
SECTION 5. The fact that it is necessary that this ordinance be enacted in order to authorize the
collection of ad valorem taxes for the year 2011, this ordinance shall take effect from and after its
passage as the law in such cases provides.
DULY PASSED and adopted by the City Council of the City of Coppell, Texas, this the 13th day
of September, 2011.
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APPROVEDA'S, TO FORM:
CITY ATTORNEY