ORD 1988-15 -Tax Rate - Levy For City of Huntsville 08-30-1988ORDINANCE N0. 88 -15
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, 1989, 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, 1988, 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
Debt Service for Payment of
Bonded Indebtedness
$0.2432
0.1412
$0.3844
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 30 rhday of CL__, 1988.
THE CITY OF HUNTSVILLE, TEXAS
By
AT
eShaw, Ci y Secretary
APPROVED AS TO FORM:
Scott Bounds, City Attorney
Jan
onday, ayor