Ord 1406 10/19/1945 1 •
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ORDINANCE, N0.
APB ORLINAr CF LEVYING, A`SESSING AND FIXING THE TAX RATE FOR THE
USE Ail SUPPORT OF THE idUNICIPAL GO 11 RMCNT Oi THE CITY OF v4ICHITri FALLS,
T- , JM PROVIDING FOR THE INT_:K-ST AND SINKTNIG FUND FOR THE FISCAL YEAR
1945-46, AND APPORTIONING EACH LEVY FOR THE SPECIFIC PURPCLcE, AID PROVIDING
FOP, COLLECTION OF ALL ANNUAL OCCUPATION TAXES PROVIDED BY STATE LA�V.
BE IT ORDAINS BY THE BOARD OF ALDER",EN OF THE CITY OF V)ICHITA
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 !"ichita Falls, Texas, and to provide Interest and Sinking Fund for the
fiscal year nineteen hundred forty-five and nineteen hundred forty-six, upon
all property, real, personal and mixed, within the corporate limits of said
City subject to taxation, a tax of One Dollar and Fifty Cents ($1.50) on each
One hundred Dollars 4100.00) 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 and its property, known as the General Fund,
sixty cents (600) on each One Hundred Dollars ($100.00)
assessed valuation of all taxable propert;--, and
(b) For the purpose of laying out, operdrig, constructing,
repairing and improving the roads, bridges, end streets
within the limits of said City, knotirn as the Street
Fund, fifteen cents (150) on each One Hundred Dollars
0100.00) assessed valuation of all taxable property,
and
(c) For current expenses in maintaining, improving and beauti-
fying public parks and cemeteries and maintaining, improv-
ing public playgrounds, known as the Park Fund, ten cents
(100) 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 (3r) on each One Hundred Dollars
(.iiC0.00) 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-two cents (62¢) 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 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 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, belong-
ing to such funds, it is hereby made the duty of the Tax Assessor and Col-
lector 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 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.
PASSED AND APPROVED this they r day of k,/Or° , A. D. 1945•
Mayor
ATTEST:
City Clerk