1871 ORD FIXING TAX RATE AND TAX LEVY AND LEVYING AD VALOREM TAXES FOR COP FOR 1968ORDINANCE NO. 1871
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
19681 UPON ALL TAXABLE PROPERTY TnTITHIN THE
SAID CITY OF PARIS, PARIS, TEXAS,_IN CQNFORM-
ITY WITH THE CHARTER PROVISIONS AND ORDINANCES
OF SAID CITY; AND REPEALING ALL ORDINA,NCES OR
I'ARTS OF ORDINANCES IN CONFLICT HERE'WITH.
WHEREAS, the City Counci:l of the City of Paris, Faris, Texas,
has heretofore approved the final report of the Board of Equaliza.
tion heretofore appointed by the City Council of the City of Faris,
Paris, Texas, wherein said Board of Equalization finds and fixes
the value of all property situated within the City of Faris, Paris,
Texas, subject to ad valorem taxes, such total valuation being the
sum of $29,187,920,00; and,
Wf-EREAS, in accordance with the provisions of the Charter of
the City of Paris, Paris, Texas, the City Maaager has heretofore
submitted to the City Council, a proposed budget of the revenues of
the City and the expenditures for the conduct of th e affairs there.
of, providing a complete financial plan for the fiscal year begin.+
ning July 1, 1968, and ending June 30, 1969; and,
WHEREAS, the City Counci:l has heretofore, by or dinance adopted
the budget appropriating f rom ad valorem taxes the following sums,
to«.wi t e
General Fund $522,000,00
Debt Service Fund 52,200.00
NC.7W, THEREFORE, BE IT ORDAINED BY THE CITY COUNCIL OF THE
CITY OF PARIS:
Section 1. That there shall be and is her eby levied for the
year 1968 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
corporate limits of the City of Paris, and that said tax so levied
shall be distributed and apportioned as followso
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 situated within the
corporate limits of the City of Paris and subject to
taxation, a tax of (of which $0.0103 will be for the
operation of the Paris Municipal Band). $2.00
For paying interest and creating a sinking fund
for WATERWORKS BONDS, Series "G"; 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
$0.0825
For paying interest and creating a sinking fund
for CITY OF PARIS, TEXAS, RESURFACING BONDS, 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
$0,0090
For paying intErest and creating a sinking fund
for CITY OF PARIS, TExAS, ABP,TTOIR BONDS, Series 1936,
on each and every One Hundred Dollars worth of pro.
perty situated within the corporate limits of the City
of Paris and subject to taxation, a tax of
$0.0022
For paying interest and creating a sinking fund
for City of Paris, Texas, STREET IMPROVEMENT BONDS,
Series 1939, 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 $0.0078
For paying interest
for CITY OF PARIS, TEXAS,
BONDS, Series 1939, on ea
Dollars worth of property
porate limits of th e City
taxation, a tax of
and creating a sinking fund
WATERWORKS CONSTRUCTION
ch and every One Hundred
si tuated wi thi n the co r«•
of Paris and subject to
$0.0039
For paying interest and creating a sinking fund
for CITY OF PARIS, TEXAS, TIME YrVARRANTS, Series 1967,
on each and every One Hundred Dollars worth of pro••
perty si tuated within the co rporate limits of the
City of Paris and subject to taxation, a tax of 0.0946
2.20
Section lA. That on any delinquent taxes collected for years
prior to th e year 1968, during the budget year 1968••69, the Director
of Finance is hereby authorized and directed to apportion the debt
service collections on the basis of the above and foregoing distri»
bution for the respective debt service funds.
Section 2. There is also levied and ordered to be collected
against each and every person, firm or corpo ration pursuing an
occupation within the corporate limits of the City of Faris, ex.
cept where levy of 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 provi.•
sion applies to each and every occupation upon which the State of
Texas levies a tax and fixes a license fee and only to such occu.•
pations.
Section 3. The City Tax Assessor and Collector of the City
of I'aris 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,
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 distributed in accordance with ordinance.
Section 4. Current ad valorem taxes for the year 1968, paid
on ox prior to December 31, 1968, shall be subject to discounts as
follows:
Three per cent if paid on or before October 31,
1968; Two per cent if paid after October 31,
1968, and on or before November 30, 1968; One
per cent if paid after November 30, 1968, and
on or before December 31, 1968.
Section 5. Al1 ordinances and parts of ordinances in conflict
herewith are hereby expressly repealed.
This ordinance shall be and remain in full fisce and effect
from and after its passage and approval by the City Council of the
City of Paris.
Read, approved and passed this 8th day of July, 1968.
J~3nes R. Moore, D. S.C. , Mayor
ATTEST :
H. C. Gre ne, City Clerk
APP OVED AS TO FORM;
- T. K. Hayne , City Attorney