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Ordinance No. 2023-21 ORDINANCE NO. 2023-21 AN ORDINANCE ADOPTING THE TAX RATE AND LEVYING TAXES FOR THE CITY OF HUNTSVILLE FOR THE 2023-2024 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 2023-2024 fiscal year ending September 30, 2024. an ad valorem tax of NO AND 30.74/100 (S0.3074) DOLLARS for each ONE HUNDRED (S100.00) DOLLARS of assessed value of property located within the city limits of Huntsville. Texas on January I. 2023, made taxable by law, which when collected. shall be appo11ioned among funds and departments of the city government of the City of Huntsville for these purposes: General Fund Operations Debt Service for Payment of General Obligations Indebtedness S0.2377 S0.0697 $0.3074 SECTION 2: All property upon which tax is levied shall be assessed on the basis of 100 percent of its appraised value [Prope11y Tax Code § 26.02]. SECTION 3: This ordinance shall take effect from and after its passage by City Council. PASSED AND APPROVED on this 19th day of September ::!023.