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Section 2. That there shall be and is hereby levied for the year 2015 and ordered to be <br />collected, a tax of $.50195 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 />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 $0.42547 <br />(of which $0.00150 will be for the operation of the <br />Paris Municipal Band) <br />For paying interest and creating a sinking fund <br />for General Obligation Refunding Bonds, Series <br />"2010," 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 $0.02935 <br />For paying interest and creating a sinking fund for <br />Combination Tax & Revenue Certificates of Obligation Series <br />"2010" 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 $0.01412 <br />For paying interest and creating a sinking fund for General <br />Obligation Refunding Bonds Series "2012 ", on each and <br />Every One Hundred Dollars worth of property situated <br />Within the corporate limits of Paris and subject to <br />Taxation, a tax of $0.02644 <br />For paying interest and creating a sinking fund for <br />Interlocal Cooperative Agreement (SuRRMA Loan) on <br />each and every One Hundred Dollars worth of property <br />situated within the corporate limits of Paris and subject <br />to taxation, a tax of $0.00657 <br />Total Debt Rate <br />TOTAL TAX RATE <br />$ 0.07648 <br />$0.50195 <br />Section 3. THIS TAX RATE WILL RAISE MORE TAXES FOR MAINTENANCE <br />AND OPERATIONS THAN LAST YEAR'S TAX RATE. <br />Section 4. 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, Texas, for the current <br />taxable year, the amount and rates herein levied and shall be collected as provided by the <br />