AN ORDINANCE OF THE CITY COUNCIL OF THE CITY OF BALCH SPRINGS, TEXAS SETTING THE AD VALOREM TAX RATE FOR THE CITY OF BALCH SPRINGS FOR TAX YEAR 2025 AT A RATE OF $0.794629 PER ONE HUNDRED DOLLARS ($100.00) OF VALUATION ON ALL TAXABLE PROPERTY WITHIN THE CORPORATE LIMITS OF THE CITY OF BALCH SPRINGS, TEXAS; SPECIFYING SEPARATE COMPONENTS OF SUCH RATE FOR OPERATIONS AND MAINTENANCE AND FOR DEBT SERVICE; PROVIDING FOR DUE AND DELINQUENT DATES TOGETHER WITH PENALTIES AND INTEREST; PROVIDING FOR THE INCORPORATION OF PREMISES; PROVIDING A CUMULATIVE REPEALING CLAUSE; PROVIDING SEVERABILITY; AND PROVIDING FOR AN EFFECTIVE DATE.
WHEREAS, the City of Balch Springs, Texas is a Home Rule Municipality acting under its Charter adopted by the electorate pursuant to Article XI, Section 5 of the Texas Constitution; and
WHEREAS, Section 8.12 of the City’s Charter permits the City Council to levy, assess, and collect taxes within the jurisdiction of the City for any municipal purpose not prohibited by the Constitution and laws of the State of Texas; and
WHEREAS, Section 26.05 of the Texas Tax Code requires that the City of Balch Springs, Texas (the “City”), adopt a tax rate for the 2025-2026 fiscal year by September 17, 2025; and
WHEREAS, the City, in compliance with the State of Texas Truth-in-Taxation laws, has advertised the proposed tax rate and conducted a public hearing on the proposed tax rate, and all notices and hearings and other applicable steps required by law as a prerequisite to the passage, approval, and adoption of this Ordinance have been timely and properly given and held; and
WHEREAS, Section 26.05(a) of the Texas Tax Code provides that the tax rate consists of two components, one of which will impose the amount of taxes needed to pay debt service, and the other of which will impose the amount of taxes needed to fund maintenance and operation expenses for the next year, and each of which must be approved separately; and
WHEREAS, all statutory and constitutional requirements concerning the levying and assessing of ad valorem taxes have been complied with.