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ORD 1246 09/11/2018 O.. C1�. o/ 4 l ,.£ x #. ORDINANCE 1246 AN ORDINANCE BY THE CITY COUNCIL OF THE CITY OF CIBOLO, GUADALUPE COUNTY, TEXAS, LEVYING A TAX RATE FOR MAINTENANCE AND OPERATIONS FOR TAX YEAR 2018; LEVYING A TAX RATE FOR INTEREST AND SINKING FOR TAX YEAR 2018; PROVIDING FOR SEVERABILITY; AND PROVIDING FOR AN EFFECTIVE DATE. WHEREAS, the City's appraisal roll was certified by the Guadalupe County Chief Appraiser; and WHEREAS, an effective tax rate and rollback rate were calculated by the Tax Assessor/Collector of Guadalupe County in accordance with Texas Property Tax Code; and WHEREAS, the proposed tax rate exceeds the lower of the effective tax rate or the rollback rate; and WHEREAS, notice and public hearing requirements were fulfilled in accordance with Chapter 140 of the Texas Local Government Code and Chapter 26 of the Texas Property Tax Code; WHEREAS,two public hearings were held on August 28, 2018 and September 4, 2018; NOW THEREFORE, BE IT ORDAINED BY THE CITY COUNCIL OF THE CITY OF CIBOLO,TEXAS: SECTION 1 The City Council of the City of Cibolo does hereby levy and adopt a tax rate per $100 valuation for this city for tax year 2018 as follows: $ 0.2878 for the purposes of Maintenance and Operation $ 0.1796 for the payment of Principal and Interest on the Debt of this city $ 0.4674 Total Tax Rate 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 7.27 PERCENT AND WILL RAISE TAXES FOR MAINTENANCE AND OPERATION ON A $100,000 HOME BY APPROXIMATELY $19.50. SECTION 3 SEVERABILITY That it is hereby declared to be the intention of the City Council of the City of Cibolo 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 should 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 or sections of the Ordinances, since the same would have been enacted by the City Council without incorporation in this ordinance of any such unconstitutional phrases, clause, sentence, paragraph or section. SECTION 4 EFFECTIVE DATE This ordinance shall take effect on the 1st day of October, 2018. PASSED AND APPROVED AND ADOPTED THIS 11TH DAY OF SEPTEMBER,2018. APPROVED: Sto oyle, M./`or ATTEST: Peggy Cimics, City Secretary 4