Ord 3550 10/9/1979 ORDINANCE NO. 1 bt,D
AN ORDINANCE LEVYING, ASSESSING AND FIXING
THE TAX RATE FOR THE USE AND SUPPORT OF
THE MUNICIPAL GOVERNMENT OF THE CITY OF
WICHITA FALLS, TEXAS, AND PROVIDING FOR THE
INTEREST AND SINKING FUND FOR THE FISCAL
YEAR 1979-80 AND APPORTIONING EACH LEVY
FOR THE SPECIFIC PURPOSE AND PROVIDING FOR
THE ASSESSMENT OF ALL ANNUAL OCCUPATION
TAXES PROVIDED BY LAW, AND DECLARING AN
EMERGENCY.
BE IT ORDAINED BY THE BOARD OF ALDERMEN OF THE CITY OF WICHITA
FALLS, TEXAS, THAT:
SECTION 1. That there be assessed, levied and collected on all taxable
property in the City of Wichita Falls, for the year 1979 and following, to-wit:
$.36 on each $100. 00 assessed valuation of all taxable property in the City
for the purpose of paying the general governmental operating expenses of the City
and for general improvements of said City and its property.
$.21 on each $100. 00 assessed valuation of all taxable property in the City
for the purpose of laying out, opening, constructing, repairing and improving the
roads, bridges and streets within the limits of said City.
$.17 on each $100. 00 assessed valuation of all taxable property in the City
for the purpose of maintaining, improving and beautifying public parks and ceme-
teries and maintaining and improving public playgrounds.
$.03 on each $100.00 assessed valuation of all taxable property for the pur-
pose of establishing, providing, maintaining and operating within said City a public
library or libraries.
$.23 on each $100. 00 assessed valuation of all taxable property for the pur-
pose of paying interest and principal for the redemption of bonds legally issued by
said City.
RECAPITULATION OF RATE
$0.77 for General Fund
$0.23 for Interest and Sinking Fund
Total levy for 1979 - $1. 00 per $100. 00 assessed valuation of all taxable
property in the City.
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SECTION 2. There is also levied an occupation tax on every person, firm
or corporation pursuing any of the occupations named in the charter, ordinances and
the general laws of Texas as being subject to such a tax by cities, which shall be
paid in advance; said occupation tax shall be one-half (1/2) of the state tax for
similar occupations.
SECTION 3. The immediate need to continue the normal operations of the
business of the City creates an emergency and in order to protect the public health,
welfare and to preserve the peace, this ordinance shall take effect immediately, and
it is so ordained.
PASSED AND APPROVED this the 9th day of October, 1979.
‘77/7"---Heff,
MAYOR
ATTEST:
CITY CLERK
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