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assessed valuation of all property of every description subject to taxation within the corporate <br />limits of Paris, and that said tax so levied sha11 be distributed and apportioned as 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 Paris and subject to <br />taxation a tax of $0.57977 <br />(of which $0.00169 will be for the operation of the <br />Paris Municipal Band) <br />DEBT: <br />For 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 $0.04783 <br />For 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 $0.04001 <br />For 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 $0.02464 <br />Total Debt Rate <br />TOTAL TAX RATE <br />$.11248 <br />$0.69225 <br />Section 3. That the City Tax Assessor and Collector of the City of Paris is hereby directed <br />to assess, extend, and enter upon the rolls of the City of Paris, Paris, Texas, for the current <br />taxable year, the amount and rates herein levied and shall be collected as provided by the <br />ordinances and the Charter of the City of Paris, Paris, Texas, and the laws of the State of Texas; <br />and when so collected, same shall be distributed in accordance with ordinance. <br />Section 4. That all ordinances and parts of ordinances in conflict herewith are hereby <br />expressly repealed. <br />