Page 26 - Haltom City FY19 Annual Budget

All monies collected are hereby apportioned and set apart for the specific purposes
indicated and the funds where deposited shall beaccounted for in such a manner as to
readily show balances at any time

SECTION 4

THIS TAX RATE WILL RAISE MORE TAXES FOR MAINTENANCE AND OPERATIONS
THAN LAST YEAR S TAX RATE

SECTION 5

THE TAX RATE WILL EFFECTIVEL Y BE RAISED BY 1 42 PERCENT AND WILL
RAISE TAXES FOR MAINTENANCE AND OPERATIONS ON A 100 000 HOME BY
APPROXIMATELY 32 18

SECTION 6

It is hereby declared to be the intention of the City Council that the phrases clauses
sentences paragraphs and sections of this ordinance are severable and if any phrase
clause sentence paragraph or section of this ordinance shall be declared unconstitutional
by the valid judgment or decree of any court of competent jurisdiction such
unconstitutionality shall not affect any of the remaining phrases clauses sentences
paragraphs and sections of this ordinance sincethe same would have been enacted by
the City Counci I without the incorporation in this ordinance of any such unconstitutional
phrase clause sentence paragraph or section

SECTION 7

This ordinance shall be in full force and effect from and after its passage and it is so
ordained

SECTION 8

Ad valorem taxes for the year are due and payable on October 1 2018 and shall become
delinquent after January 31 2019 A delinquent tax shall incur all penalty and interest
authorized by state law Section 33 01 ofthe Property Tax Code Personal Property Taxes
that remain delinquent on the 60th day after February 1 2019 incuran additional penalty
of 20 of the amount of the taxes penalty and interest due such additional penalty to
defray the additional cost of collection as authorized in Section 33 11 of the Property Tax
Code All other taxes that remain delinquent on and after July 1 2019 incur an additional
penalty of 20 of the amount of the taxes penalty and interest due such additional
penalty to defray the cost of collection as authorized in Section 6 30 of the Property Tax
Code 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 9

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