| SECTION 1 | The total tax rate for the Premont Independent School District for the year 2009-2010 |
| | shall be and the same is hereby fixed and levied at the sum of $1.1600 for each $100.00 |
| | worth of assessed property, assessment being 100% of the total value of property within |
| | the limit of the Premont Independent School District, which is made taxable by law for the |
| | State of County purposes, and said levied and fixed for the following purposes. |
| | |
| | First: A maintenance tax of $1.06 on each $100.00 of all property within the limits of the |
| | Premont Independent School District which is made taxable by law levied and fixed for the |
| | current expenses for the Premont Independent School District. |
| | |
| | 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 5.4413 PERCENT AND WILL RAISE TAXES FOR |
| | MAINTENANCE AND OPERATIONS ON A $100,000 HOME BY APPROXIMATELY $54.41. |
| | |
| | Second: A tax of $0.1000 on each $100.00 worth of all property within the limits of the |
| | Premont Independent School District, which is made taxable by law, is hereby levied and |
| | fixed for the purpose of creating an Interest and Sinking fund for the retirement of the |
| | General Obligation Board. |
| | |
| SECTION 2 | All receipts of the Premont Independent School District not specifically appropriated |
| | by the Annual Budget are hereby made payable to the General Fund mentioned above. |
| | |
| SECTION 3 | That the taxes levied by the Premont Independent School District are hereby declared to be |
| | a first lien, charge and encumbrance upon property upon which the tax is due, not only |
| | against residents of this State, but are entitled to enforce and foreclose in any court |
| | having jurisdiction of same; and the lien, charge and encumbrance of the property in |
| | favor of the Premont Independent School District, for the amount of taxes due on said |
| | property, is such as to give the State courts, jurisdiction to enforce said lien due on said |
| | property of which the tax is due only against any resident of the State, but against persons |
| | who are non-residents of the State, or whose residence is unknown and against the |
| | unknown heirs of any person who owns property on which tax is due. |
| | |
| SECTION 4 | That all taxes levied by the Premont Independent School against personal property are |
| | hereby declared to be alien upon such property and upon the persons against whom |
| | assessments are made and the Premont Independent School District shall enforce |
| | the collection of said taxes by suit in any court of competent jurisdiction and to foreclose |
| | any lien for personal property taxes. |
| | |
| SECTION 5 | That all ad valorem taxes assessed and levied shall become due and payable on or after the |
| | first day of October of each year until otherwise provided and shall any way be paid to |
| | the Jim Wells County Tax-Assessor Collector at their office in the town of Alice, Texas |
| | who shall issue a property receipt therefore; said taxes shall become delinquent upon |
| | the first day of February, 2010 and any person, firm, partnership, or corporation who |
| | shall fail or have failed to pay said tax when due shall become liable and required to pay |
| | in addition to the tax, interest, penalty, and lawyer fees, as provided by law. |
| | |
| PASSED AND APPROVED THIS 26TH DAY OF August 2009 |