ORD 2024-22 Tax Levy TOWN OF TROPHY CLUB, TEXAS
ORDINANCE NO. 2024-22
AN ORDINANCE OF THE TOWN OF TROPHY CLUB, TEXAS, FIXING
AND LEVYING MUNICIPAL AD VALOREM TAXES FOR THE FISCAL
YEAR BEGINNING OCTOBER 1, 2024 AND ENDING SEPTEMBER 30,
2025, AND FOR EACH FISCAL YEAR THEREAFTER UNTIL
OTHERWISE PROVIDED, AT A RATE OF $0.415469 PER ONE
HUNDRED DOLLARS ($100.00) ASSESSED VALUATION ON ALL
TAXABLE PROPERTY WITHIN THE CORPORATE LIMITS OF THE
TOWN; DIRECTING THE ASSESSMENT THEREOF TO PROVIDE
REVENUES FOR THE PAYMENT OF CURRENT OPERATION AND
MAINTENANCE EXPENSES AND INDEBTEDNESS OF THE TOWN;
APPROVING THE TAX RATE AND LEVY AND NOTIFYING THE PUBLIC
THAT THIS TAX RATE WILL RAISE MORE TAXES FOR MAINTENANCE
AND OPERATIONS THAN LAST YEAR'S TAX RATE; PROVIDING FOR
DUE AND DELINQUENT DATES TOGETHER WITH PENALTIES AND
INTEREST; PROVIDING FOR PAYMENT TO THE TOWN
ASSESSOR/COLLECTOR; PROVIDING FOR PENALTY AND
INTEREST; PROVIDING A CUMULATIVE CLAUSE; PROVIDING A
SAVINGS CLAUSE; PROVIDING A SEVERABILITY CLAUSE;
PROVIDING PUBLICATION; AND PROVIDING AN EFFECTIVE DATE.
WHEREAS, the Town of Trophy Club (the "Town") is a home rule municipality
acting under its charter adopted by the electorate pursuant to Article XI, Section 5 of the
Texas Constitution and Chapter 9 of the Local Government Code; and
WHEREAS, the Town Council of the Town hereby finds that the tax for the fiscal
year beginning October 1, 2024, and ending September 30, 2025, hereinafter levied for
current expenses of the Town and the general improvements of the Town and its property,
must be levied to provide the revenue requirements of the budget for the ensuing year;
and
WHEREAS, the Town Council further finds that taxes for the year 2024, hereinafter
levied therefor are necessary to pay interest and to provide the required sinking fund on
outstanding bonds of the Town issued for Town purposes, and on bonds proposed to be
issued for such purposes during the ensuing year; and
WHEREAS, the Town Council has approved, by separate ordinance on the 9th day
of September 2024, the budget for the fiscal year beginning October 1 , 2024, and ending
September 30, 2025; and
WHEREAS, all statutory and constitutional requirements concerning the levying
and assessing of ad valorem taxes have been completed in due and correct time; and
ORDINANCE NO. 2024-22 PAGE 2
WHEREAS, pursuant to Section 26.05 of the Texas Tax Code, the Town Council
held a public hearing on the proposed tax rate on September 9, 2024, during the regular
Town Council Meeting at 7:00 p.m. held at Trophy Club Town Hall, located at 1 Trophy
Wood Drive, Trophy Club, Texas, and took action on the proposed rate at the close of the
public hearing; and
WHEREAS, the Town Council has, by record vote, approved separately each of
the two components of the tax rate set forth.
NOW, THEREFORE, BE IT ORDAINED BY THE TOWN COUNCIL OF THE
TOWN OF TROPHY CLUB, TEXAS, THAT:
SECTION 1.
APPROVING THE TAX RATE AND LEVY
There is hereby levied and ordered to be assessed and collected for the fiscal year
beginning October 1 , 2024, and ending September 30, 2025, and for each fiscal year
thereafter until otherwise provided, on all taxable property, real, personal, and mixed,
situated within the corporate limits of the Town of Trophy Club, Texas, and not exempted
by the Constitution of the State, valid State laws or this ordinance, a tax of $0.415469 on
each One Hundred Dollars ($100.00) assessed value of taxable property, which shall be
apportioned and distributed as follows:
(a) For the purpose of defraying the maintenance and operation expenses of the
municipal government of the Town, a tax of $0.316042 (previously $0.315670) on
each One Hundred Dollars ($100.00) assessed value of all taxable property; and
(b) For the purpose of the payment of principal and interest on the debt of the Town,
a tax of $0.099427 (previously $0.099799) on each One Hundred Dollars
($100.00) assessed value of all taxable property.
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 5.16
PERCENT AND WILL RAISE TAXES FOR MAINTENANCE AND
OPERATIONS ON A $100,000 HOME BY APPROXIMATELY
$0.37.
ORDINANCE NO. 2024-22 PAGE 3
SECTION 2.
DUE DATE AND DELINQUENCY DATE
All ad valorem taxes shall become due and payable on October 1, 2024, and all
ad valorem taxes shall become delinquent after January 31, 2025. There shall be no
discount for payment of taxes on or prior to January 31, 2025. A delinquent tax shall incur
all penalty and interest authorized by law, Section 33.01 of the Texas Property Tax Code,
as amended, to wit: a penalty of six percent (6%) of the amount of the tax for the first
calendar month the tax 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.
Provided, however, a tax delinquent on July 1 incurs a total penalty of twelve
percent (12%) of the amount of the delinquent tax without regard to the number of months
the tax has been delinquent. A delinquent tax shall also accrue interest at a rate of one
percent (1%) for each month, or portion of a month, the tax remains unpaid. Taxes that
become delinquent on or after February 1, 2025, but not later than May 1, 2025, that
remain delinquent on July 1, 2025, incur an additional penalty of fifteen percent (15%) of
the amount of taxes, penalty and interest due. Taxes that become delinquent on or after
June 1, 2025 and for which split payment has been allowed under Section 31.03, 31.031,
31.032, or 31.04 of the Texas Property Tax Code and for which the taxpayer fails to make
the second payment before July 1, incur an additional penalty of fifteen percent (15%) of
the amount of unpaid tax. All such additional penalties in excess of a percentage
specified by the Texas Property Tax Code are to defray the costs of collection due
pursuant to the contract with the Town's legal counsel as authorized by Section 6.30 of
the Texas Property Tax Code, as amended.
SECTION 3.
DENTON COUNTY TAX ASSESSOR/COLLECTOR
Taxes shall be payable in full at the office of the Denton County Tax Assessor
• Office, 1505 E. McKinney, P.O. Box 90223, Denton, Texas 76202. The Town shall have
available all rights and remedies provided by law for the enforcement of the collection of
taxes levied under this Ordinance.
SECTION 4.
PENALTY AND INTEREST
All delinquent taxes shall bear interest as provided by State law, in addition to the
penalties set forth herein.
SECTION 5.
CUMULATIVE CLAUSE
This Ordinance shall be cumulative of all provisions of the ordinances of the Town,
except when the provisions of this Ordinance are in direct conflict with the provisions of
ORDINANCE NO. 2024-22 PAGE 4
such ordinances, in which event the conflicting provisions of such ordinances are hereby
repealed.
SECTION 6.
SAVINGS CLAUSE
All rights and remedies of the Town are expressly saved as to any and all violations
of the provisions of any other ordinance affecting ad valorem taxes that have secured at
the time of the effective date of this Ordinance; and, as to such accrued violations and all
pending litigation, both civil and criminal, whether pending in court or not, under such
ordinances same shall not be affected by this Ordinance, but may be prosecuted until
final disposition by the court.
SECTION 7.
SEVERABILITY CLAUSE
The sections, paragraphs, sentences, phrases, clauses, and words of this
Ordinance are severable, and if any section, article, sentence, clause, phrase, or word in
this Ordinance or application thereof to any person or circumstance is held invalid or
unconstitutional by a Court of competent jurisdiction, such holding shall not affect the
validity or the remaining portions of this Ordinance, and the Town Council hereby declares
it would have passed such remaining portions of this Ordinance despite such invalidity,
which remaining portions shall remain in full force and effect.
SECTION 8.
PUBLICATION CLAUSE
The Town Secretary of the Town is hereby directed to publish the caption and
penalty clause of this Ordinance as required by Section 3.16 of the Town's Charter.
SECTION 9.
EFFECTIVE DATE
This Ordinance shall become effective from and after its date of passage and
publication as required by law.
ORDINANCE NO. 2024-22 PAGE 5
PASSED AND APPROVED by the Town Council of the Town of Trophy Club,
Texas, by a vote of ri ayes, nays, and abstentions at a regular meeting
of the Town Council held this 9th ay of Septembef, 2024.
Ave Nay Abstention
Jeannette Tiffany, Mayor X
Stacey Bauer, Councilmember, Place 1 X
Jeff Beach, Councilmember, Place 2 X
Dennis Sheridan, Councilmember, Place 3 x
Rhylan Rowe, Councilmember, Place 4 X
LuAnne Oldham, Councilmember, Place 5
Steve Flynn, Mayor Pro Tern, Place 6 _
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Tammy Dixon, n Sec a ary
APPROVED TO AS FORM:
Dean •gi: T Attorney