ORD 1991-21 - Adopt. Tax Rate & Levying Taxes For City 09-03-1991ORDINANCE NO. 91 -21
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, 1992, 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, 1991, 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 $0.20523
Debt Service for Payment of
Bonded Indebtedness 0.17917
$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 3rd day of Septembei 1991.
THE CITY OF HUNTSVILLE, TEXAS
ATTEST:
AP
DeShaw, City Secretary
OVED
TO FO M:
ott Bounds, City Attorney
W. H. Hodges, Mayor