Ord 1576 10/8/1951 yyyyyy
f.
OHDIi4 110E NO I
4aiV
AN O11.DIIvANCE LEVYING, A&=SIIvGATIHE TAX Imo: FOR
THE ` ' SUPPORT OF THE K-MMIPAL GOVERNM71,P,1T OF THE CITY OF
aICT ITA FALLS TEXAS :.T� PROVTDI1`1G FOR THE INTEREST AND SINK*
IIvG FUND FOR THE FISCAL YTL',R 1951-1952, =A NM APPORTIONING EACH
LEVY FOR THE SPECIFIC PURFOSEAAND PROVIDING F0' ' COLLECTION OF
ALL AN4.kU::L OCCUPAT IONIC. TA:TS PROVIDED BY S1C LAV1.
BE IT ORDAII1IED BY THE BOARD OF ALDERMEN, CITY OF 'v ICHITA FALLS,
TEXAS, THAT:
Se
ction 1. That therefisAevied and there shall be
assessed and collected for the use and
support of the Municipal Government of the City of Wichita
Falls , Texas , and. to provide interest and sinking fund for the
fiscal year 1951-19521 upon all property, real, personal, and
mixed, within the corporate limits of said City subject to
taxation, a tax of One Dollar and forty-cents (11.40) on each
One Hundred Dollars ($100) assessed valuation of property,
said taxes being so levied and apportioned to the specific
purposes herein set forth:
(a) For the maintenance and support of the General
Government, including current expenses and gen-
eral improvements of said City and its property known as the
General Fund, sixty cents (600) on each One Hundred Dollars
($100) assessed valuation of all taxable property, and,
(b) For the purpose of laying out, opening, and
constructing, repairing and improving the roads,
bridges, and streets within the limits of said City, known as
the Street Fund, thirty cents (300) on each One Hundred Dollars
($100) assessed valuation of all taxable property, and,
(c) For current expenses in maintai i./ iwrov-
ing, and beautifying public par T �ri�'�a Va&in-
ing and improving public pb.ygrounds, known as the Park Fund,
twenty cents (200) on each One Hundred Dollars ($100) assessed
valuation of all taxable property, and,
(d) For current expenses for the purpose of estab-
lishing, providing, maintaining and operating
within said. City, a public library or libraries, known as the
Library Fund, five cents (50) on each One Hundred Dollars
MOO) assessed valuation of all taxable property, and,
(e) For the purpose of paying interest and prin-
cipal for the redemption of bonds heretofore
legally issued by said City, known as the Interest and Sink-
ing Fund, twenty-five cents (250) on each One Hundred Dollars
($100) assessed valu .tion of all taxable property.
Section 2. There is hereby levied and there shall
be collected from every person, firm,
association, or corporation pursuing any occupation taxed by
the 7enerallaws of the State of Texas, an annual occupational
tax equal in each instance to o_ie-half (-2) of the State Occu-
pational Tax, which said tax shall be paid annually in ad-
vance except where otherwise provided in State Law in which
event same shall be paid as is provided for by the State Law.
Section 3./h�l moneys collected under this Ordin-
ance for the specific items herein
named, and the same are hereby, apportioned and set apart for
the specific purpose identified in each item and that the
Assessor and Collector of Taxes , The City Treasurer, and the
City Clerk, shall keep these accounts so as to readily and
distinctly show the amount collected, the amounts expended, and
the amount on hand at any time belonging to such funds , and it
is hereby made the duty of the Tax Assessor and Collector of
Taxes and every person collecting money for the City of Wichita
Falls , Texas , to deliver to the City Treasurer and. the City
Clerk at the time of depositing any moneys, a statement show-
ing to what fund such deposit shall be made and from what
source received. All receipts for the City not specifically
apportioned by this 0":,dinance or any other existing Ordinance
are hereby made payable to the General Fund, of the City of
I,Vichita Falls , Texas.
Section 4. That this Ordinance shall take effect
and be in force from and after its passage.
1951. gassed and approved this 8th day of October, A. D. ,
4�Hld Jones, M r
ATTESTED:
01
J. B. Hickerson, City Clerk