Ordinance 2016-41 - Ord. 2016-41 - Adopt the tax rate, 9-27-16 i
ORDINANCE NO. 2016-41
AN ORDINANCE ADOPTING THE TAX RATE AND LEVYING TAXES FOR THE CITY OF
HUNTSVILLE FOR THE 2016-2017 FISCAL YEAR UPON ALL TAXABLE PROPERTY
LOCATED WITHIN AND SUBJECT TO TAXATION IN THE CITY; AND PROVIDING FOR
THE EFFECTIVE DATE HEREOF.
BE IT ORDAINED BY THE CITY COUNCIL OF THE CITY OF HUNTSVILLE,TEXAS,THAT:
SECTION 1: There is levied and assessed and shall be collected for the 2016-2017 fiscal year ending
September 30, 2017, an ad valorem tax of NO AND 38.09/100 ($0.3809) DOLLARS for each ONE
HUNDRED($100.00)DOLLARS of assessed value of property located within the city limits of Huntsville,
Texas on January 1, 2016, made taxable by law,which when collected, shall be apportioned among funds
and departments of the city government of the City of Huntsville for these purposes:
General Fund Operations $0.2838
Debt Service for Payment of General Obligations Indebtedness $0.0971
$0.3809
SECTION 2: All property upon which tax is levied shall be assessed on the basis of 100 percent of its
appraised value[Property Tax Code §26.02].
SECTION 3: This ordinance shall take effect from and after its passage by City Council.
PASSED AND APPROVED on this,the 271 day of September,2016.
HE OF HUNTSVILLE,TEXAS
Andy ra ninger, Mayo
A ST:
Lee oodwarT,City Secretary
APPRV D S TO FORM:
eon hneider,City Attorney