Ord 1418 11/11/1946 ORDINANCE N0,
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AN ORDINANCE LEVYING, ASSESSING AND FIXING THE TAX RATE FOR THE USE
AND SUPPORT OF THE MUNICIPAL GOVERNMENT OF THE CITY OF WICHITA FAITS, TEXAS,
AND PROVIDING FOR THE INTEREST AND SINKING FUND FOR THE FISCAL YEAR 1946-47,
AND APPORTIONING EACH LEVY FOR THE SPECIFIC PURPOSE AND PROVIDING FOR COL-
LECTION OF ALL ANNUAL OCCUPATION TAXES PROVIDED BY STATE LAW,
BE IT ORDAINED BY THE BOARD OF ALDERMEN OF THE CITY OF WICH ITA
FALLS, TEXAS:
SECTION 1. That there is hereby levied 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 nineteen hundred forty-six and nineteen hundred forty-seven, upon
all property, real, personal and mixed, within the corporate limits of said
nts (�1.50) on each
City subject to taxation, a tax of One Dollar and Fifty Ce
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 govern-
ment including current expenses and for general improve-
ments of said City and 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, ana streets
within the limits of said City, known as the Street
Funa, 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 maintain-
ing, improving public pla.ygroundos known as the Park
Fund, twelve cents (120) on each One Hundred Dollars
($100.00) 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
4100.00) assessed valuation of all taxable property,
and
(e) For the purpose of paying interest and principal for
the redemption of bonds therefor legally issued by
the said City, known as the Interest and Sinking Fund,
sixty cents (600) 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 one-half of the State Occupation tax, which said taxem 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 itfms 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 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, it is
hereby made the duty of the Tax Assessor and Collector of Taxes and every per-
son collecting money for the City of V?ichita 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 rrade and from what
source received. All receipts for the City not specifically apportioned by
this ordinance or any other existing ordinance are hereby made payable to
the General Fund of the City.
SECTION 4. That this ordinance shall take effect and be in force from
and after its passage. �wi
JPASSEL; AND APPROVED this the day 0
4` „ A.D. 1946
'Mayor
ATTES,!t:
City Clerk