ORD 1981-54 - Adopt FY 81-82 Tax RateORDINANCE NO. 81 -54
AN ORDI•CE FIXING THE TAX RATE AN•EVYING 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, 1982, an ad valorem tax of NO AND 72/100 ($0.72) DOLLARS
for each ONE HUNDRED ($100.00) DOLLARS of assessed value of
property located within the City limits of Huntsville on
January 1, 1981, 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
$0.3969
$0.3231
$0.72
Section 2: All property upon which a tax is levied shall be
assessed at its full fair market value.
Section 3. This ordinance shall take effect from and after
its passage by City Council.
PASSED UNANIMOUSLY FIRST READING THIS 22nd day of Sept.
1 981 .
PASSED SECOND READING THIS day of , 19_
APPROVED THIS 22nd day of
AT
September
uth DeShaw, City Secretary
APPROVED AS TO FORM:
SI-44-X/
Scott Bounds, City Attorney
1981.
THE CITY OF HUNTSVILLE
. Nash, Mayor