Attachment #1
ORDINANCE TO SET TAX RATE FOR 2014 (2014-2015 SCHOOL YEAR)
An ordinance levying an annual ad valorem tax for the year 2014, setting specific tax rates applicable to all real, personal, and mixed property situated within the Humble Independent School District, setting due date and providing for penalties and interest on delinquent taxes. BE IT ORDAINED by the Board of Trustees of the Humble Independent School District of Harris County, Humble, Texas:
1. That an ad valorem tax rate of $1.52 per $100 cash valuation as said values are fixed by the Appraisal Review Board, and the same is hereby levied for tax year 2014 on all real property, personal property, and mixed property located and situated within the confines and boundaries of the Humble Independent School District as of January 1, of this year. 2. That the above-specified ad valorem tax rate be distributed as follows:
A. $1.17 rate for local maintenance and operations (M&O) fund.
B. $ .35 rate for debt service, bonded indebtedness, and interest and sinking (I&S) fund. 3. Any person failing to pay their taxes on or before January 31, 2015, shall be subject to
the maximum penalties thereon allowed by law to be collected on delinquent taxes. All delinquent taxes shall bear interest at the highest per annum interest rate allowed by law to be collected on delinquent taxes and shall bear interest from the date of delinquency until paid.
4. Taxes which are due the Humble Independent School District that remain delinquent on July 1st of the tax year in which they become delinquent for the 2014 and later tax years, on accounts which have been assigned to the Humble Independent School District’s delinquent tax attorney on or before July 1st, incur an additional penalty of 18% of the amount of taxes, penalty and interest due at the time the taxes, penalty, and interest are paid. Delinquent taxes for tax years 2012 and prior, will incur an additional penalty of 15% of the amount of taxes, penalty and interest due at the time the taxes, penalty, and interest are paid. Delinquent taxes for tax years 2013 and forward will incur an additional penalty of 18% of the amount of taxes, penalty and interest due at the time the taxes, penalty, and interest are paid.
PASSED, APPROVED, AND EFFECTIVE THIS 14th DAY OF October, 2014.
________________________________ Robert Scarfo
President, Board of Trustees Attest:
________________________________ Keith Lapeze
Attachment #2
HUMBLE INDEPENDENT SCHOOL DISTRICT
GUIDELINES FOR ADOPTING THE 2014 TAX RATE
Introduction
The Humble ISD Board of Trustees will consider the adoption of a 2014 tax rate at its meeting on October 14, 2014. If the rate adopted by the Board exceeds the rollback rate, an election will be required. After the rollback election, the tax statements will be sent out. Taxes for the 2014 tax year are due and payable when tax statements are issued and will be considered delinquent if not received at the Humble ISD Tax Office before February 1, 2015.
General Guidelines
1. The governing body must publish the “NOTICE OF PUBLIC MEETING TO DISCUSS BUDGET AND PROPOSED TAX RATE” before adopting an actual tax rate. This notice is to be published in a local newspaper 10 to 30 days before the date the budget is adopted. A quarter-page ad includes a comparison of property tax rates, comparison of property taxes on an average residence, and unencumbered fund balances.
On May 14, 2014, these rates were published in the local Observer newspaper in accordance with state laws governing the publications.
2. The governing body must approve an annual budget before setting the tax rate. The Humble ISD budget was approved by the Board of Trustees at its meeting on May 27, 2014.
3. The governing body is required to adopt its tax rate by September 30 or by
the 60th day after the taxing unit receives the certified appraisal roll, whichever date is later. The Harris County Appraisal District delivered the 2014 certified tax roll to the Humble ISD Tax Office on August 29, 2014.
4. The governing body must adopt the tax rate in a public meeting. If the taxing unit does not adopt a tax rate which exceeds the rollback tax rate, no special meetings or additional newspaper ads are required before adoption of the tax rate. State law requires that the:
Adoption of the tax rate must be a separate item on the agenda.
Adoption of tax rate must be done by official action, such as an ordinance, specifying:
HUMBLE INDEPENDENT SCHOOL DISTRICT
2014 PROPERTY TAX EXEMPTIONS
1. HOMESTEAD EXEMPTION
$15,000
2. DISABILITY EXEMPTION
$10,000
3. OVER-65 EXEMPTION
$15,000
TOTAL POSSIBLE EXEMPTIONS FOR
DISABLED HOMEOWNER
$25,000
TOTAL POSSIBLE EXEMPTIONS FOR
HOMEOWNER 65 OR OLDER
$30,000
NOTES:
1. Please contact the Harris County Appraisal District or the Humble ISD Tax
Office for special terms and conditions relating to property tax exemptions.
Taxpayer must be in residence on January 1
stof the year applying for the
homestead exemption.
2. Special tax code rules apply to disabled veterans; exemptions range from
$5,000 to $12,000 depending upon the individual’s disability rating. In the 2009
session, the Texas Legislature enacted HB 3613 which added Section 11.131 to
the Texas Property Tax Code. This legislation created a full exemption from
property taxes for veterans who are 100% disabled.
3. Special tax code rules apply to the over-65 exemption and the over-65 portable
tax ceiling.
Humble ISD Attachment #4 Ten Year History of Tax Roll Property Values
Adjusted
Total Certified Tax Roll
Tax Tax Tax Roll Adjustments Property Values/ % New Year Rate Property Values To Year End Fiscal Year End Change Improvements
2003 1.74% $6,013,903,000 $517,851,436 $6,531,754,436 8.44% $418,304,461 2004 1.74% $6,495,903,320 $627,126,662 $7,123,029,982 9.05% $481,792,916 2005 1.77% $7,107,452,848 $658,063,017 $7,765,515,865 9.02% $406,055,901 2006 1.64% $7,449,997,743 $936,607,518 $8,386,605,261 8.00% $460,318,188 2007 1.31% $8,289,296,825 $1,259,298,603 $9,548,595,428 13.86% $571,181,604 2008 1.52% $8,990,219,474 $1,424,007,226 $10,414,226,700 9.07% $534,011,708 2009 1.52% $9,277,091,770 $1,346,970,956 $10,624,062,726 2.01% $476,010,322 2010 1.52% $9,537,914,837 $1,027,063,046 $10,564,977,883 (0.56%) $258,425,573 2011 1.52% $10,103,000,274 $563,904,982 $10,666,905,256 0.96% $220,632,102 2012 1.52% $10,070,151,036 $777,557,859 $10,847,708,895 1.69% $236,207,526 2013 1.52% $10,323,420,729 $1,162,909,846 $11,486,330,575 5.89% $296,685,240 2014 1.52% $11,405,544,635 (1) $355,590,802 5 Year Change to Adjusted Tax Roll Value $1,072,103,875 5 Year Average % Change to Adj. Tax Roll Value 2.00%
10 Year Change to Adjusted Tax Roll Value $4,954,576,139 10 Year Average % Change to Adj. Tax Roll Value 5.90%
Attachment #5