Loading...
HomeMy WebLinkAboutORD 99-54 - Levying Tax RateORDINANCE NUMBER ! ! ! s '► ,. . ;I a V V& 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 required notices on August 15, 1999; August 22, 1999 and September 12, 1999 and conducted public hearings on August 24, 1999 and September 8, 1999; and WHEREAS, the City Council finds it necessary to levy taxes for the 1999/00 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 5.0, 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 1999, (including, without limitation, certifications, notices, submittals, and public hearings) as required by law have been complied with. Levy Tax Rate 1999/00 Ordinance No. Page 1 of 2 P: UGENDA1991BUDGMBUD-TAX.WPD SECTION 3. The City Council does hereby levy and adopt the tax rate on $100 valuation for the tax year 1999 as follows: $.20736 for the purpose of maintenance and operation 13264 for the principal and interest on debt of this city .34000 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 14th day of September, 1999, PASSED AND APPROVED on Second Reading on the 28th day of September, 1999, ATTEST: Sandra Lee City Secretary Marianne Landers City Attorney Levy Tax Rate 1999/00 Ordinance No, Page2 of 2 P. 41 GENDA 1991 B UD GET i B UD -TAX. WPD THE CITY OF GEORGETOWN: jr f By: MaryEllen Kersch Mayor