Ord 2272 10/7/1966r
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ORDINANCE NO. 2272
AN ORDINANCE LEVYING, ASSESSING AND FIXING THE
TAX RATE FOR THE USE AND SUPPORT OF THE MUNIC-
IPAL GOVERNMENT OF THE CITY OF WICHITA FALLS,
TEXAS, AND PROVIDING FOR THE INTEREST AND SINK-
ING FUND FOR THE FISCAL YEAR 1966-1967 AND AP-
PORTIONING 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 :
Section 1. That there be assessed, levied and col-
lected on all taxable property in the City of Wichita Falls
for the year 1966 and following, to-wit:
$ .60 on each $100.00 assessed valuation on 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.
$ . 30 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, improv-
ing and beautifying public parks and cemeteries and main-
taining and improving public playgrounds.
$.04 on each $100.00 assessed valuation of all taxable
property for the purpose of establishing, providing, main-
taining and operating within said City a public library or
libraries.
$.67 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
$1.14 for General Fund
$. 67 for Interest and Sinking Fund
Total levy for 1966 - $1.81 for $100.00 assessed val-
uation 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 occupa-
tions 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 op-
erations 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 7th day of October, 1966.
,,A0040•For
MAYOR
A T T E S T:
City Cler
IL