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Last modified
9/28/2006 1:20:58 PM
Creation date
6/11/2002 7:54:17 PM
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BUDGET
BUDGET - date
10-01-01-09-30-02
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<br />DRAFT <br /> <br />F:ALICE\ORDWORK\CURRENI\Ta.'( lUte Ordinance. 2001-02 <br />August 20, 2001 <br /> <br />ORDINANCE NO. <br /> <br />AN ORDINANCE OF THE CITY OF PARIS, PARIS, TEXAS, FIXING THE <br />TAX RATE AND THE TAX LEVY AND LEVYING AD VALOREM TAXES <br />FOR THE CITY OF PARIS FOR THE YEAR 2001 UPON ALL TAXABLE <br />PROPERTY WITHIN THE CITY OF PARIS IN CONFORMITY WITH THE <br />CHARTER PROVISIONS AND ORDINANCES OF THE CITY; MAKING <br />OTHER FINDINGS AND PROVISIONS RELATED TO THE SUBJECT; <br />REPEALING ALL ORDINANCES OR PARTS OF ORDINANCES IN <br />CONFLICT HEREWITH; AND PROVIDING AN EFFECTIVE DATE. <br /> <br />WHEREAS, the Lamar County Appraisal District, as authorized by the laws of the State of <br />Texas, has fixed the value of all property situated within Paris, Texas, subject to ad valorem taxes for <br />the year 2001, such total valuation being the sum of $1,019,160,711.00; and, <br /> <br />.... <br /> <br />WHEREAS, in acc~rdance with provisions of ordinances passed by the City Council of the <br />City of Paris, property owners over the age of sixty-five (65) and disabled Veterans have filed <br />exemptions; other adjustments for tax abatements have been approved; and other exemptions are <br />authorized under state law; thereby reducing the total valuation subject to ad valorem taxes; and, <br /> <br />WHEREAS, in accordance with the provisions of the Charter of the City of Paris, Paris, <br />Texas, the City Manager has heretofore submitted to the City Council a proposed budget of the <br />revenues of the City and the expenditures for the conduct of the affairs thereof, providing a complete <br />financial plan for the fiscal year beginning October 1,2001, and ending September 30,2002; and, <br /> <br />WHEREAS, the City Council has heretofore by ordinance adopted the budget appropriating <br />from ad valorem taxes the following sums, to-wit <br /> <br />~. <br /> <br />General Fund <br /> <br />$ 5,077,866.00 <br /> <br />Debt Service Fund <br /> <br />$ 921,260.00 <br /> <br />NOW, THEREFORE, BE IT ORDAINED BY THE CITY COUNCll., OF THE CITY <br />OF PARIS, PARIS, TEXAS: <br /> <br />Section 1. That the findings set out in the preamble to this ordinance are hereby in all things <br />approved. <br /> <br />Section 2. That there shall be and is hereby levied for the year 2001, and ordered to be <br />collected, a tax of $0.61 on each and every ONE HUNDRED DOLLARS ($100.00) of the assessed. <br />valuation of all property of every description subject to taxation within the corporate limits of Paris, <br />and that said tax so levied shall be distributed and apportioned as follows: <br /> <br />23 <br />
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