Ord 2195 10/11/1965 ORDINANCE NO. /
AN ORDINANCE LEVYING, ASSESSING AND FIXING THE TAX RATE
FOR THE USE AND SUPPORT OF THE MUNICIPAL GOVERNMENT OF THE
CITY OF WIDHITA FALLS, TEXAS, AND PROVIDING FOR THE INTEREST AND
SINKING FUND FOR THE FISCAL YEAR 1965-1966 AND APPORTIONING
EACH LEVY FOR THE SPECIFIC PURPOSE AND PROVIDING FOR THE ASSESS-
MENT 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 collected
on all taxable property in the City of Wichita Falls for the
year 1965 and following, to-wit:
.60 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.
.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.
.18 on each $100.00 assessed valuation of all taxabl
property in the City for the purpose of maintaining, improving
and beautifying public parks and cemeteries and maintaining
and improving public playgrounds.
.O1. 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 libraries.
.58 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.
REDAVIZ1LATION OF RATE
$1.12 for General Fund
.58 for Interest and Sinking Fund
Total levy for 1965 - $1.70' 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 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 paidlin advance; said occupation tax shall be one-
half (1/2) of the State tax for similar occupations.
Section . 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 immedi-
ately, and it is so ordained.
PASSED AND APPROVED this the llth day of October, 1965.
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ATTEST:
City Cle