Ord 1395 11/20/1944 ORDINANCE NO.
AN ORDINANCE LEVYING, ASSESSING AND FIXING THE TAX RATE FOR THE USE
AND SUPPORT OF THE MUNICIPAL GOVERNMENT OF THE CITY OF WICHITA FALLS, TEXAS,
AND PROVIDING FOR THE INTEREST AND SINKING FUND FOR THE FISCAL YEAR 19/+4 45,
AND APPORTIONING EACH LEVY FOR THE SPECIFIC PURPOSE, AND PROVIDING FOR
COLLECTION OF ALL ANNUAL OCCUPATION TAXES PROVIDED BY STATE LAW.
TEXAS: BE IT ORDAINED BY THE BOARD OF ALDERMEN OF THE CITY OF WICHITA FALLS,
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-four and nineteen hundred forty-five, 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 ($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 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, 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 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
viding, maintaining and operating apublic 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 therefor legally issued by the said
City, known as the Interest and Sinking Fund, sixty-two
cents (620) 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
the General Laws of the State of Texas, an annual occupation taxaoequal in eachy
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 Treasure 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 an time, belonging to such funds, it is hereby made the
duty of the Tax Assessor and Collector of Taxes and every person collecting
money f or 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 the 7'C' day of A. D. 1944.
Mayor
AT :
City C;erk