ORD 2003-11 - Adopt Tax Rate FY 2003-2004 09-16-2003ORDINANCE NO. 2003-11
AN ORDINANCE ADOPTING THE TAX RATE AND LEVYING TAXES FOR THE CITY OF
HUNTSVILLE FOR THE 2003 -2004 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 2003 -2004 fiscal year ending
September 30, 2004, an ad valorem tax of NO AND 42.5/100 ($0.425) DOLLARS for each
ONE HUNDRED ($100.00) DOLLARS of assessed value of property located within the city
limits of Huntsville, Texas, on January 1, 2003, 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 $0.232227
Debt Service for Payment of General Obligation Indebtedness 0.192773
$0.425000
SECTION 2: All property upon which a 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 this the 16th day of September 2003.
THE CITY OF HUNTSVILLE, TEXAS
Karl avidson, Mayor
A Welter, City Secretary
APP ED AS TO ORM;
Paul . /sham, City Attorney