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<br />Section 1. That the findings set out in the preamble to this ordinance are hereby in all <br />things approved. <br /> <br />Section 2. That there shall be and is hereby levied for the year 2006 and ordered to be <br />collected, a tax of $0.59225 on each and every ONE HUNDRED DOLLARS ($100.00) of the <br />assessed valuation of all property of every description subject to taxation within the corporate <br />limits of Paris, and that said tax so levied shall be distributed and apportioned as follows: <br /> <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 Paris and subject to <br />taxation a tax of $0.49294 <br />(of which $0.00154 will be for the operation of the <br />Paris Municipal Band) <br /> <br />DEBT: <br />F or paying interest and creating a sinking fund for <br />Tax and Revenue Certificates of Obligation, Series <br />"2000,"on each and every one Hundred Dollars <br />worth of property situated within the corporate limits <br />of Paris and subject to taxation, a tax of $0.03773 <br /> <br />F or paying interest and creating a sinking fund for <br />Tax & Revenue Certificates of Obligation Series <br />2002 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 $0.03247 <br /> <br />F or paying interest and creating a sinking fund <br />for General Obligation Refunding Bonds, Series <br />"2003," 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 $0.02911 <br /> <br />Total Debt Rate $ .09931 <br /> <br />TOT AL TAX RATE $0.59225 <br /> <br />Section 3. That the City Tax Assessor and Collector of the City of Paris is hereby <br />directed to assess, extend, and enter upon the rolls of the City of Paris, Paris, Texas, for the <br />current taxable year, the amount and rates herein levied and shall be collected as provided by <br />the ordinances and the Charter of the City of Paris, Paris, Texas, and the laws of the State of <br />Texas; and when so collected, same shall be distributed in accordance with ordinance. <br />