2192 ORD FIXING TAX RATE AND TAX LEVY AND LEVYING AD VALOREM TAXES FOR COP FOR 1974ORDINANCE NO. 2192
LEVY,
AN ORDINANCE FIXING FORRTHE CITY OF PAR S,
AND LEVYING AD VALOREM TAXES
PARIS, TEXAS, FOR THE YEAR 1974, UPON ALL TAXABLE PROPERTY
WITHIN THE SAID CITY O ANDSORD NANCES OF SAID CITY;IAND
THE CHARTER PROVISIOS
REPEALING ALL ORDINANCES OR PARTS OF ORDINANCES IN CON-
FLICT HEREWITH.
WHEREAS, the City Council of the City of Paris, Paris, Texas,
has heretofore approved the final report of the Board of Equalization
Paris,
heretofore appoint Bo d of lEqualization findsCand fi esr the value of
Texas, wherein sai
all property situated within the City of Paris, Texas, subject to ad
valorem taxes, such total valuation being the sum of $40, 088, 655. 00;
and,
WHEREAS, in accordance with the provisions of the Charter of
the City of Paris, Paris, Texas, the City Manager has heretofore sub-
mitted to the City Council a proposed budget of the revenues of the
City and the expenditures for the conduct of the affairs thereof, pro-
viding a complete financial plan for the fiscal year beginning July 1,
1974, and ending June 30, 1975; and,
WHEREAS, the City Council has heretofore, by ordinance
adopted the budget appropriating from ad valorem taxes the following
sums, to-wit:
General Fund $780, 000. 00
Debt Service Fund 2,750.00
NOW, THEREFORE, 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 1974 and ordered to be collected a tax of $2. 20 on each and
every ONE HUNDRED DOLLARS ($100.00) of the assessed valuation
of all property of every description subject to taxation within the cor-
porate limits of the City of Paris, and that said tax so levied shall
be distributed and apportioned as follows:
For the payment of CURRENT EXPENSES of the
City Government of the City of Paris, on each and every
One Hundred Dollars worth of property si.tuated within
the corporate limits of the City of Paris and subject to
taxation, a tax of (of which $0. 008 will be for the ~2. 20
operation of the Paris Municipal Band)
Section lA. That on any delinquent taxes collected for years
prior to the year 1974, during the budget year 1974 -75, 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 service funds.
Section 2. There is also levied and ordered to be collected
against each and every person, firm or corporation pursuing an occupa-
tion within the corporate limits of the City of Paris, except where levy
of the same 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 occupation upon which the State of Texas levies a tax and fixes
a license fee and only to such occupations.
Section 3. The City Tax e ~t d andoent t~ uponthhe rolls
of Paris is hereby directed to assess, e
of the City of Paris, Paris, Texas, for the current taxable year, the
amounts and rates herein levied
by
levied n hall be p olle account
same, and the taxes herei
the ordinances and the Charter of the City of Paris, Paris, Texas,
and the laws of the State of Tef a he a when
Pa~iso to ebee d,istsame r buted ain
be deposited in the depository oY of
accordance with ordinance.
Section 4. Current ad valorem taxes for the year 1974, paid
on or prior to December 31, 1974, shall be subject to discounts as
follows :
Three per cent if paid on or before October 31,
1974; Two per cent if paid after October 31,
1974, and on or before November 30, 1974;
One per cent if paid after November 30, 1974,
and on or before December 31, 1974.
Section 5. All ordinances and parts of ordinances in conflict
herewith are hereby expressly repealed.
This ordinance shala b dl be Ciy Counc 1 of the Ci y of om
and after its passage and pprova Y he
Paris.
Read, approved and passed this 8th day of July, 1974.
~
ne t, Mayor
a es M. ~Bru'
ATTEST:
~
H. C. Gr _ ne, Czty Clerk
APP OVED:,~SO FORM:
, , aynes, ty ttorney