Page 48 - CITY OF AZLE, TEXAS
P. 48

ORDINANCE NO.  2024-21


               AN ORDINANCE OF THE CITY OF AZLE,  TEXAS,  LEVYING TAXES FOR THE USES AND
               SUPPORT OF THE MUNICIPAL         GOVERNMENT       OF THE CITY OF AZLE,  TEXAS,  FOR THE
               FISCAL YEAR BEGINNING OCTOBER 1,  2024 AND ENDING SEPTEMBER 30,  2025,  AND
               PROVIDING FOR THE INTEREST AND SINKING FUNDS FOR THE TAX YEAR 2024 AND
               APPROPRIATING EACH LEVY FOR THE SPECIFIC PURPOSE;  PROVIDING FOR A DATE
               FOR PAYMENT OF SAID TAXES;  PROVIDING             FOR THE COLLECTION        OF DELINQUENT
               TAXES;  AND DECLARING AN EFFECTIVE DATE.


                      WHEREAS, the Notice of Public Hearing on Tax Increase for the City of Azle,  Texas for
               tax year 2024 has heretofore been published in accordance with the law; and

                      WHEREAS,  a public hearing on the proposed tax increase and proposed tax rate was
               held on August 19,  2024 in accordance with the law,  and

                      WHEREAS,  it is necessary,  at this time,  that said ordinance be passed levying tax on all
               property,  both real and personal,  within the City of Azle,  Texas,  in accordance with such budget.

                      NOW,  THEREFORE,  BE IT ORDAINED          BY THE CITY COUNCIL OF THE CITY OF
               AZLE, TEXAS,  THAT:


                                                        SECTION    1

               There is hereby levied,  and there shall be collected for the use and support of the municipal
               government of the City of Azle,  Texas,  for the 2024- 2025 Fiscal Year,  upon all property,  whether
               real,  personal,  or mixed,  within the corporate limits of the City of Azle,  Texas,  subject to taxation
               for the tax  year 2024,  a tax  at the  rate  of $ 0. 6140869  on  each One  Hundred  Dollars ($  100. 00)
               valuation of property to be assessed and collected for the purposes hereinafter stipulated,  to wit:

                              General  Fund                               0. 5324341

                              Interest  and  Sinking  Fund                0. 0816528


                                                        SECTION    2

               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 5. 93 PERCENT         AND
               WILL RAISE TAXES FOR MAINTENANCE AND OPERATIONS ON A $ 100, 000
               HOME BY APPROXIMATELY $ 10. 23.



                                                        SECTION 3

               All taxes collected by the City of Azle,  Texas,  shall be payable on October 1,  2024,  and if such
               taxes are not paid in full on or before January 31st,  of the succeeding year,  the amounts shall
               be declared delinquent  and  penalties  and interest  charges  shall be  collected  as  provided  by  law.



               City of Azle FY 2024-2025 Budget                                                           37
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