Ord 2825 10/8/1973 ORDINANCE NO. �v '' J/
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 1973-
1974 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 1973 and following, to-wit:
$. 47 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.
$.28 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.
$. 20 on each $100. 00 assessed valuation of all taxable
property in the City for the purpose of maintaining, improving
and beautifying public parks and cemeteries and maintaining
and improving public playgrounds.
$ . 05 on each $100. 00 assessed valuation of all taxable
property for the purpose of establishing, providing, maintain-
ing and operating within said City a public library or librar-
ies.
$. 82 on each $100. 00 assessed valuation of all taxable
property for the purpose of paying interest and principal for
the redemption of bonds legally issued by said City.
RECAPITULATION OF RATE
$1. 00 for General Fund
$ . 82 for Interest and Sinking Fund
Total levy for 1973 - $1.82 for $100. 00 assessed valuation
of all taxable property in the City.
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 8TH DAY OF OCTOBER, 1973.
1ii 404 i .:A BSc
M A Y O R
ATTEST:
■ALI1City
7/4 , 6,2-v4a%)
Clerk