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06-B Tax Rate Ord 2004-2005
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06-B Tax Rate Ord 2004-2005
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Last modified
8/29/2012 4:22:21 PM
Creation date
9/17/2004 3:25:20 PM
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AGENDA
Item Number
06-B Tax Rate Ord
AGENDA - Type
ORDINANCE
Description
Tax Rate Ordinance 2004-2005
AGENDA - Date
9/22/2004
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DRAFT <br />F:ALICE\ORDWORK\CURRENT\ Tax Rate Adoprion Ordinance 04-05 <br />September 13, 2004 <br />ORDINANCE NO. <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 2004 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 />WHEREAS, the Lamar County Appraisal District, as authorized by the laws of the State <br />of Texas, has fixed the value of a11 property situated within Paris, Texas, subject to ad valorem <br />taxes for the year 2004, such total valuation being the sum of $1,121,423,167.00; and, <br />WHEREAS, in accordance with provisions of ordinances passed by the City Council of <br />the 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 />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 <br />complete financial plan for the fiscal year beginning October 1, 2004 and ending September 30, <br />2005 and, <br />WHEREAS, the City Council has heretofore by ordinance adopted the budget <br />appropriating from ad valorem taxes the following sums, to-wit: <br />General Fund $6,110,165.00 <br />Debt Service Fund $1,211,060.00 <br />NOW, THEREFORE, BE IT ORDAINED BY THE CITY COUNCIL OF THE CITY <br />OF PARIS, PARIS, TEXAS: <br />Section 1. That the findings set out in the preamble to this ordinance are hereby in all <br />things approved. <br />Section 2. That there shall be and is hereby levied for the year 2004 and ordered to be <br />collected, a tax of $0.69225 on each and every ONE HUNDRED DOLLARS ($100.00) of the <br />
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