2103 ORD FIXING TAX RATE AND TAX LEVY AND LEVYING AD VALOREM TAXES FOR COP FOR 1972ORDINANCE NO. 2103
AN ORDINANCE FIXING THE TAX RATE AND THE TAX LEVY AND
LEVYING AD VALOREM TAXES FOR THE CITY OF PARIS, PARIS, TEXAS,
FOR THE YEAR 1972, UPON ALL TAXABLE PROPERTY WITHIN THE SAID
CITY OF PARIS, TFXAS, IN CONFORMITY WITH THE CHARTER PROVI-
SIONS AND ORDINANCES OF SAID CITY; AND RFPEALING ALL
ORDINANCFS OR PARTS OF ORDINA.NCES IN CONFLICT HEREWITH.
WHEREAS, the City Council of the City of Paris, Paris,
Texas, has heretofore approved the final report of the Board
of Equalization heretofore appointed by the City Council of
the City of Paris, Paris, Texas, wherein said Board of
Equalization finds and fixes the value of all property situ-
ated within the City of Paris, Texas, subject to ad valorem
taxes, such total valuation being the sum of $35,993,283.00;
and,
WHEREAS, in accordance with the provisions of the Charter
of the City of Paris, Paris, Texas, the City Manager has here-
tofore submitted to the City Council, a proposed budget of the
revenues of the City and the expenditures for the conduct of
the affairs thereof, providing a complete financial plan fox
the fiscal year beginning July 1, 1972, an d ending June 30,
1973; and,
WHER FAS, the City Council has heretofore, by ordinance
adopted the budget appropriating from ad valorem taxes the
following sums, to-wit:
General Fund $724,187.00
Debt Service Fund 2,650.00
NOW, THIIREFORE, BE IT ORDAINED BY THE CITY COUNCIL OF
THE CITY OF PARIS:
Section 1. That there shall be and is hereby levied for
the year 1972 and ordered to be collected a tax of $2.20 on
each and every ONE HUNDR ED DOLLARS ($100.00) of the assessed
valuation of all property of every description subject to tax-
ation within the corporate limits of the City of Paris, and
that said tax so levied shall be distributed and apportioned
as follows:
For the payment of CURRENT FXPENSFS of the City
Government of the City of Paris, on each and every One
Hundred Dollars worth of property situated within the
corporate limits of the City of Paris and subject to
taxation, a tax of (of which $0.0091 will be for the
operation of the Paris Municipal Band). $2.1848
For paying interest and creating a sinking fund
for CITY OF PARIS, TEXAS, RESURFACING SONDS, Series
1936 on each and every One Hundred Dollars worth of
property situated within the corporate limits of the
City of Paris and subject to taxation, a tax of 0.0122
For paying interest and creating a sinking fund
for CITY OF PARIS, TEXAS, ABATTOIR BONDS, Series
1936, on each and every One Hundsed Dollars worth of
property situated within the corporate limits of the
City of Paris and subject to taxation, a tax of $0.003
$2.20
Section lA. That on any delinquent taxes collected for
years prior to the year 1972, during the budget year 1972-73,
the Director of Finance is hereby authorized and directed to
apportion the debt service collections on the basis of the
above and foregoing distribution for the respective debt ser-
vice funds.
Section 2. There is also levied and ordered to be
collected against each and every person, firm or corporation
pursuing an occupation within the corporate limits of the City
of Paris, except where levy of saxne is expressly forbidden by
general law, an occupation tax and license tax equal to one-
half (1/2) of that levied by the State of Texas against such
occupation. This provision applies to each and every occupa-
tion upon which the State of Texas levies a tax and fixes a
license fee and only to such occupations.
Section 3. The City Tax Assessor and Collector of the
City of Paris is hereby directed to assess, extend and enter
upon the rolls of the City of Paris, Paris, Texas, for the
current taxable year, the amounts and rates herein levied and
to keep a current account of same, and the taxes herein
levied shall be collected as provided by the ordinances and
the Charter of the City of Paris, Paris, Texas, and the laws
of the State of Texas; and when so collected, same shall be
deposited in the depository of the City of Paris to be distri-
buted in accordance with ordinance.
Section 4. Current ad valorem taxes for the year 1972,
paid on or prior to December 31, 1972, shall be subject to
discounts as follows :
Three per cent if paid on or before October 31,
1972; Two per cent if paid after October 31,
1972, and on or before November 30, 1972; One
per cent if paid after November 30, 1972, and
on or before December 31, 1972.
Section 5. All ordinances and parts of ordinances in
con.flict herewith are hereby expressly repealed.
This ordinance shall be and remain in full force and
effect from and after its passage and approval by the City
Council of the City of Paris.
Read, approved and passed this lOth day of July, 1972.
s W. Farris, Mayor
ATTEST •
H.`C. G eene, City Clerk
AP OVED FORM:
T.`K. Haynes, ity Attorney