Page 105 - CityofForestHillFY26Budget

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 -3.26 PERCENT

AND WILL RAISE TAXES FOR MAINTENANCE AND OPERATIONS ON
A $100,000 HOME BY APPROXIMATELY-$23.62.

SECTION 3. All ad valorem taxes shall become due and payable on October 1, 2025,
and all ad valorem taxes for the year shall become delinquent if not paid prior to February
1, 2026. There shall be no discount for payment of taxes prior to February 1, 2026. A
delinquent tax shall incur all penalties and interest authorized by law, to wit:

(a) A penalty of six percent (6%) on the amount of the tax for the first calendar month
it is delinquent, plus one percent (1%) 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.

(b) Provided; however, a tax delinquent on July 1, 2026, incurs a total penalty of twelve
percent (12%) of the amount of delinquent tax without regard to the number of
months the tax has been delinquent. A delinquent tax shall also accrue interest at
the rate of one percent (1%) for each month or portion of a month the tax remains
unpaid. Taxes for the year 2025 and taxes for all future years that become
delinquent on or after February 1 but not later than May 1, that remain delinquent
on July 1 of the year in which they become delinquent incur an additional penalty
in the amount of twenty percent (20%) of taxes, penalty and interest due, pursuant
to Texas Property Tax Code Section 6.30 and 33.07, as amended. Taxes
assessed against tangible personal property for the year 2025 and for all future
years that become delinquent on or after February 1 of a year incur an additional
penalty on the later of the date the personal property taxes become subject to the
delinquent tax attorney's contract, or 60 days after the date the taxes become
delinquent, such penalty to be in the amount of twenty percent (20%) of taxes,
penalty and interest due, pursuant to Texas Property Tax Code Section 33.11.
Taxes for the year 2024 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 the amount of 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 4. The Tarrant County Tax Assessor/Collector is hereby authorized to assess
and collect the taxes of the City of Forest Hill, Texas.

SECTION 5. The City shall have available all the rights and remedies provided by law for
the enforcement of the collection of taxes levied under this ordinance.

Ordinance 2025-29
Adopting the Ad Valorem Tax Rate
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