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2017-039 - Fixing the tax rate and the tax levy and levying ad valorem taxes for the City of Paris for the year 2017
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2017-039 - Fixing the tax rate and the tax levy and levying ad valorem taxes for the City of Paris for the year 2017
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CITY CLERK
CITY CLERK - Date
9/18/2017
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follows: <br />CURRENT EXPENSES: <br />For the payment of CURRENT EXPENSES of the City <br />Government of the City of Paris, on each and every <br />One Hundred Dollars worth of property situated <br />within the corporate limits of City of Paris and <br />subject to taxation a tax of $0.44248 <br />(of which $0.00137 will be for the operation of the <br />Paris Municipal Band) <br />For paying interest and creating a sinking fund <br />for General Obligation Refunding Bonds, Series <br />"2010," on each and every One Hundred Dollars <br />worth of property situated within the corporate <br />limits of Paris and subject to taxation, a tax of $0.02690 <br />For paying interest and creating a sinking fund for <br />Combination Tax & Revenue Certificates of Obligation Series <br />"2010," on each and every One Hundred Dollars worth <br />of property situated within the corporate limits of <br />Paris and subject to taxation, a tax of $0.01289 <br />For paying interest and creating a sinking fund for General <br />Obligation Refunding Bonds Series "2012," on each and <br />Every One Hundred Dollars' worth of property situated <br />Within the corporate limits of Paris and subject to <br />Taxation, a tax of $0.02418 <br />For paying interest and creating a sinking fund for General <br />Obligation Bonds Series "2017," on each and every One <br />Hundred Dollars' worth of property situated within the <br />Corporate limits of the City of Paris and subject to <br />taxation, a tax of $0.03955 <br />For paying interest and creating a sinking fund for <br />Interlocal Cooperative Agreement (SuRRMA Loan) on <br />each and every One Hundred Dollars worth of property <br />situated within the corporate limits of the City of Paris <br />and subject to taxation, a tax of $0.00595 <br />Total Debt Rate <br />TOTAL TAX RATE <br />$ 0.10947 <br />$0.55195 <br />Section 3. THIS TAX RATE WILL RAISE MORE TAXES FOR MAINTENANCE <br />AND OPERATIONS THAN LAST YEAR'S TAX RATE. <br />Section 4. That the City Tax Assessor and Collector of the City of Paris is hereby <br />
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