HomeMy WebLinkAboutORD 98-61 - Levying Tax Rate 1998ORDINANCE !'
AN ORDINANCE LEVYING A TAX RATE FOR THE CITY OF
GEORGETOWN FOR THE TAX YEAR 1998; PROVIDING A
SEVERABILITY CLAUSE; AND SETTING AN EFFECTIVE DATE.
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 Council finds it necessary to levy taxes for the 1998/99 fiscal year
for the City of Georgetown, Texas; and
WHEREAS, the City Council has met all of the prerequisites for the levying of taxes
within the city; 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 1998,
(including, without limitation, certifications, notices, submittals, and public hearings) as required
by law have been complied with.
SECTION 3, The City Council does hereby levy and adopt the tax rate on $100
valuation for the tax year 1998 as follows:
$.20675 for the purpose of maintenance and operation
14325 for the principal and interest on debt of this city
35000 total tax rate
Levy Tax Rate 1998/99 Ordinance No.
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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 8th day of September, 1998.
PASSED AND APPROVED on Second Reading on the 22nd day of September, 1998,
ATTEST:
Sandra Lee
City Secretary
Marianne Landers
City Attorney
Levy Tax Rate 1998199 Ordinance No. 9
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THE CITY OF GEORGETOWN:
By: Leo Wood
Mayor