Ord 1479 11/8/1948 c
ORDINANCE NO.
AN ORDINANCE LEVYING, ASSESSING AND FIXING TIM TAX RATE MR THE USE
AND SUPPORT OF THE MUNICIPAL GOVERNMENT CF THE CITY CF 11ICHITA FALIS, TEXAS,
AND PROVIDING FOR THE INTEREST AND SINKING FUND FOR THE FISCAL YEAR 1948-49,
AND APPORTIONING EACH LEVY FOR THE SPECIFIC PURPOSE, AND PROVIDING FOR
COLIECTION OF ALL ANNUAL OCCUPATION TAXES PROVIDED BY STATE LAIIi.
BE IT ORDAINED BY THE BOARD OF AIDWR W OF THE CITY OF WICHITA FALIS, TEXAS:
SECTION 1. That there is hereby levied and there shall b e assessed
and collected for the use and support of the municipal government of the City
of `Achita Falls, Texas, and to provide Interest and Sinking Fund for the
fiscal year nineteen hundred forty eight and nineteen hundred forty nine,
upon all property, real, personal and mixed, within the corporate limits of
said City subject to taxation, a tax of One Dollar and Thirty Five ($1.35)
Cents on each One Hundred Dollars ($100.00) assessed valuation of property,
said tax 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 for
general improvements of said City aryl its property,
known as the General Fund, sixty cents (600) on
each One Hundred Dollars ($100.00) assessed
valuation of all taxable property, and
(b) For the purpose of laying out, opening, constructing,
repairing and improving the roads, bridges, and
streets within the limits of said City, known as
the Street Fund, fifteen cents (150) on each One
Hundred Dollars ($100.00) assessed valuation of all
taxable property, and
(c) For current expenses in maintaining, improving and
beautifying public parks and cemeteries and main-
taining, improving public playgrounds, known as the
Park Fund twelve cents (120) on each One Hundred
Dollars (6100.00) assessed valuation of all taxable
property, and
(d) For current expenses for the purpose of establishing,
providing, maintaining and operating a public library,
or libraries within said City, known as the Library
Fund, three cents (30) on each One Hundred Dollars
($100.00) assessed valuation of all taxable property,
and
(e) For the purpose of paying interest and principal for
the redemption of bonds herefore legally issued by
the s aid City, known as the Interest and Sinking Furs,
forty five cents (450) on each One Hundred Dollars
($100.00) assessed valuation 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 General Laws of the State of Texas, an annual occupation tax equal in
each instance to ono--half of the State Occupation Tax, which said taxes shall
be paid annually in advance except where otherwise provided by the State Laws,
in which event the same may be paid as is provided by the State Law.
SECTION 3. All monies collected under this ordinance for the
specific items herein named, be and the same are hereby appropriated and
set apart for the specific purpose indicated in each item, and that the
Assessor and C oll.ector 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, belong-
ing to such funds, 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 monies a statement showing to what fund such
deposit should be made and from what source received. All receipts for
the City not specifically apportioned by this ordinance or any other exist-
ing ordinance a re hereby made payable to the General Furd of the City.
SECTION 4. That this ordinance shall take effect and be in force
from and after its passage.
PASSED AM APPROVED this the day of November, A.D. 1948.
F!
t f
Mayor
ity Clerk �-