ORD 1994-28 - Adopt Tax Rate ($.3844) FY 1994-95 Tax 9-13-1994ORDINANCE NO. 94 -28
AN ORDINANCE ADOPTING THE TAX RATE AND LEVYING TAXES FOR THE CITY
OF HUNTSVILLE FOR THE ENSUING 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 fiscal year ending
September 30, 1995, an ad valorem tax of NO AND 38.44/100 ($0.3844) DOLLARS
for each ONE HUNDRED ($100.00) DOLLARS of assessed value of property
located within the city limits of Huntsville, Texas, on January 1, 1994, 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 $0.21682
Debt Service for Payment of
General Obligation Indebtedness 0.16758
S0.3844
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 13th day of September, 1994.
ATTEST:
anna Welter, City Secretary
APPR ED AS FORM:
Sc•tt Bou ds, City Attorney
THE CITY OF HUNTSVILLE, TEXAS