ORDINANCE NUMBER 469
AN ORDINANCE LEVYING TAXES FOR THE USE AND SUPPORT OF
THE MUNICIPAL GOVERNMENT OF THE CITY OF
BE
IT ORDAINED BY THE CITY COUNCIL OF THE CITY OF
SECTION 1.
That
there is hereby levied and there shall be collected for the use and support of
the municipal government of the City of Granite Shoals, Texas and to provide
Maintenance and Debt Rate for the fiscal year 2006-2007, upon all property,
real, personal, and mixed, within the corporate limits of said City subject to
taxation, a tax of $0.4091 on each One Hundred Dollar ($100.00)
valuation of property, said tax being so increased and apportioned to the
specific purposes here set forth:
1. For the maintenance and support of the general
government (General Fund), $0.1545 each One Hundred Dollar ($100.00)
valuation of property, and;
2. For the Debt rate, $0.2546 on each One Hundred
Dollar ($100.00) valuation of property.
SECTION 2.
All
monies collected under this ordinance are for the specific terms therein named,
and the same are hereby appropriated and set apart for the specific purposes
indicated in each item, and the Assessor-Collector of Taxes, the City Treasurer
and the City Secretary a statement showing collections and from what source
received. All receipts for the city not
specifically apportioned by this ordinance are hereby made payable to the
General Fund of the City.
SECTION 3.
That
this ordinance shall take effect and be in force from and after its passage.
PASSED
AND APPROVED on by the City Council
of Granite Shoals,
______________________________
Frank
M. Reilly, Mayor
ATTEST:
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