ORD 1987-24 - Tx Rate & Levying for Fiscal Year 09-22-1987ORDINANCE NO. 87-24
AN ORDINANCE FIXING 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 shall be and is hereby levied and shall be assessed and
collected for the fiscal year ending September 30, 1988, an ad valorem
tax of NO AND 52/100 ($0.52) DOLLARS for each ONE HUNDRED ($100.00)
DOLLARS of assessed value of property located within the City limits of
Huntsville, Texas, on January 1, 1987, made taxable by law, which said
taxes, 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
$0.37
0.15
$0.52
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 22nd day of September, 1987.
T:
9
DeShaw, City ecretary
APPRO 1 AS TO FORM:
Scott B
, City Attorney
THE CI Y OF HUNTSVILLE, TEXAS
By
J
Monday, Mayor