HomeMy WebLinkAboutORD 2003-58 - Levying Tax RateORDINANCE NUMBER c , 003 " 58
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WHEREAS, the City of Georgetown, Texas is an incorporated Home Rule city
dependent upon taxes to provide its citizens with services; and
WHEREAS, the City of Georgetown, Texas published the required notice on
July 27; and
WHEREAS, the City Council finds it necessary to levy taxes for the 2003/04
fiscal year for the City of Georgetown, Texas; and
NOW, THEREFORE, BE IT ORDAINED BY THE CITY COUNCIL OF THE
CITY OF GEORGETOWN, TEXAS, THAT:
SECTION 1. The facts and recitations contained in the preamble of this
ordinance are hereby found and declared to be true and correct, and are incorporated
by reference herein and expressly made a part hereof, as if copied verbatim. The City
Council hereby finds that this ordinance implements the following policy of the
Century Plan - Policy Plan Element:
1. Finance Policy End 14.0, which states: All municipal operations are
conducted in an efficient business -like manner and sufficient financial
resources for both current and future needs are provided",
and further finds that the enactment of this ordinance is not inconsistent or in
conflict with any other Century Plan Policies, as required by Section 2.03 of the
Administrative Chapter of the Policy Plan.
SECTION 2. The City Council of the City of Georgetown (the "City Council")
hereby finds that all of the prerequisites to the levying of a tax rate for this City for
the year 2003, (including, without limitation, certifications, notices, submittals, and
public hearings) as required by law have been complied with.
Levy Tax Rate 2003/04 Ordinance No.( d O 5 � 58
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SECTION 3. The City Council does hereby levy and adopt the tax rate on
$100 valuation for the tax year 2003 as follows:
$.22177 for the purpose of maintenance and operation
10017 for the principal and interest on debt of this city
32194 total tax rate
SECTION 4. If any section, paragraph, clause, phrase, or provision of this
Ordinance shall be adjudged invalid or held unconstitutional, the same shall not
affect the validity of this Ordinance as a whole or any part or provision thereof other
than the part so declared to be invalid or unconstitutional.
SECTION 5. This Ordinance shall become effective upon adoption of its
second and final reading by the City Council of the City of Georgetown, Texas.
PASSED AND APPROVED on First Reading on the 26th day of August, 2003,
PASSED AND APPROVED on Second Reading on the 9th day of September,
2003.
ATTEST:
Sandra Lee
City Secretary
APPROVED AS TO FORM:
Patricia Carls
Brown & Carls
Levy Tax Rate 2003/04 Ordinance No. A003 + 5 S
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THE CITY OF GEORGETOWN:
Mayor