City of Paris Budget, FY 2006-07

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ORDINANCE NO. ?OOo-033 AN ORDINANCE OF THE CITY COt~NC[L OF THE CITY OF PARIS, PARIS, TEX_aS, FIXING THE TAN RATE AND THE "TAX LEVY AND LF,VYING AD VALOREM TAXF,S FOR THE CITY OF PARIS FOR THE YEAR 2006 OPON ALL TAXABLE PROPERTY WITHIN THE CITY OF PARIS IN CONFOKMiTl' WITH THE CHARTER PROVISIONS AND ORDINANCES OF THE CITY; MAKING OTHER FINDINGS AND PROVISIONS RELATED "I'O THE SUBJECT; REPEALING ALL ORDINANCES OR PARTS OF ORDINANCES IN C()NFI;IC'T HEREW'IT1~; ANll PROVID[NG AN EFFECTIVE DATE. WHEREAS, the Lamar County Appraisal District. as authorized b}'the laws of the State of Texas, has tiled the Value of all property situated within Paris. "l~exas, subject to ad valorem tars for the year 2006. such total valuation being the sum of $1.352?9~.368 and_ WHEREAS, in accordance with provisions of ordinances passed by the Cit}~ Council of the City of Paris. property owners over the age of sixty-five (65) and disabled Veterans have tiled exemptions: other adjustments for tax abatements have been approved: and other exemptions are authorized under state law; thereby reducing the total valuation subject to ad valorem taxes: and. WHEREAS, ~n accordance with the provisions ofthe Charter of the City ofParis, Paris, I~exas. the City Manager has heretofore submitted to the City Council a proposed budget of the revenues of the City and the expenditut°es for the conduct of the affairs thereof, providing a complete financial plan for the fiscal year beginning October l , 2006 and ending September 30. 2007: and. WHEREAS, the Cit}~ Council has heretofore by ordinance adopted the budget appropriating from ad valorem taxes the following stuns, to-«it: General Fund 56.214.245.00 T)ebt Service Fund `~ 1.343_U05.00_ and. WHEREAS, the City Council has b~~ prc~ious separate vote approved a rate of0.49294 per $100.00 [oi-maintenance and operations expenditures and a rate of 0.099,1 per $100.00 for debt service: NOI~`, THEREFORE, BE IT ORDAINED B~"THE CITY CO~~NC'1 L OF THE CITE OF PARIS, PARS, TEXAS: Section I. That the lindin~~s set out in the preamhlt to this ordinance are hereb~~ in all thins approved.