HomeMy WebLinkAboutORD 96-43 - Tax Rate 1996ORDINANCE 1:
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WHEREAS, the City of Georgetown, Texas is an incorporated Dome 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 1996/97 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, i ! ORDAINED BY THE CITY COUNCILOF 1' OF
GEORGETOWN,
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 Finance Policy End of the Century Plan - Policy Plan Element, 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 1996, (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 1996 as follows:
$.20900 for the purpose of maintenance and operation
16950 for the principal and interest on debt of this city
.37850 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.
Levy Tax Rate 1996/97 Ordinance No.
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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 loth day of September, 1996.
PASSED AND APPROVED on Second Reading on the 24th day of September, 1996.
ATTEST:
Sandra Lee
City Secretary
Marianne Landers Banks
City Attorney
Levy Tax Rate 1996/97 Ordinance No.
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By: Leo Wood
Mayor