Ord 074-2004 9/21/2004ORDINANCE NO. �J(
ORDINANCE OF THE CITY COUNCIL OF THE CITY OF WICHITA
FALLS, TEXAS, LEVYING, ASSESSING, AND FIXING THE TAX RATE
FOR THE USE AND SUPPORT OF THE WICHITA FALLS MUNICIPAL
GOVERNMENT AND PROVIDING FOR THE INTEREST AND SINKING
FUND FOR THE 2004 -05 FISCAL YEAR; DECLARING AN
EMERGENCY; AND FINDING AND DETERMINING THAT THE
MEETING AT WHICH THIS ORDINANCE WAS PASSED WAS OPEN TO
THE PUBLIC AS REQUIRED BY LAW
BE IT ORDAINED BY THE CITY COUNCIL OF THE CITY OF WICHITA FALLS,
TEXAS,THi
SECTION 1 . There be assessed, levied, and collected on all taxable property in
the City of Wichita Falls, Texas, for the year 2004 and following, to -wit.
$0.539871 on each $100.00 assessed valuation of all taxable property in the City
for the purpose of paying the general governmental operating expenses of the City and
for general improvements of said City and its properly.
$0.052589 on each $100.00 assessed valuation of all taxable property in the City
for the purpose of paying interest and principal for the redemption of bonds legally
issued by said City.
RECAPITULATI OF RATE
$0.539871 for General Fund
$0.052589 for Interest and Sinking Fund
Total levy for 2004, $0.59246 per $100.00 assessed valuation of all taxable
property in the city_
SECTION 2. There is also levied an occupation tax on every person, firm or
corporation pursuing any of the occupations named in the Charter, ordinances and
general laws of Texas as being subject to such a tax by cities, which shall be paid in
advance; said occupation tax shall be one -half (1/2) of the state tax for similar
occupations.
S ECTION 3 . The immediate need to continue the normal operations of the
business of the City creates an emergency and in order to protect the public health,
welfare and to preserve the peace, this ordinance shall take effect immediately, and it Is
so ordained.
SECTION 4 , It is hereby officially found and detennined that the meeting at
which this ordinance was passed was open to the public as required by law.
PASSED AND APPROVED this the 21st day of September, 2004,
ATTEST:
City Clerk