HomeMy WebLinkAboutORD 97-46 - Levying Tax Rater
ORDINANCE 1: •
WHEREAS, the City of Georgetown, Texas is an incorporated Home Rule city dependent
upon taxes to provide it's citizens with services; and
WHEREAS, the City Council finds it necessary to levy taxes for the 1997/98 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 short-term and
long-term 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 1997, (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 1997 as follows:
$.20300 for the purpose of maintenance and operation
14700 for the principal and interest on debt of this city
S. 35000 total tax rate
Levy Tax Rate 1997/98 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 9th day of September, 1997.
PASSED AND APPROVED on Second Reading on the 23rd day of September, 1997.
ATTEST:
Sandra Lee
City Secretary
• "• i i i i•
Marianne Landers Banks
City Attorney
Levy Tax Rate 1997/98 Ordinance No.
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KWGENDAI97IBUDGETWUD•TAX ORD
THE CITY OF GEORGETOWN:
B -C ... Ferd Tomn
Mayor Pro Tem