HomeMy WebLinkAbout1993-2036 - Ordinance - 09/28/1993ORDINANCE NO. 2036
AN ORDINANCE LEVYING THE AD VALOREM TAXES FOR THE USE AND SUPPORT OF
THE MUNICIPAL GOVERNMENT OF THE CITY OF COLLEGE STATION AND PROVIDING
FOR THE GENERAL DEBT SERVICE FUND FOR THE YEAR 1993-94 AND
APPORTIONING EACH LEVY FOR THE SPECIFIC PURPOSES.
BE IT ORDAINED BY THE CITY COUNCIL OF THE CITY OF COLLEGE STATION,
TEXAS:
SECTION I. That there is hereby levied and there shall be
collected for the use and support of the municipal government of the
City of College Station, and to provide General Debt Service Fund for
the 1993-94 fiscal year upon all property, real, personal and mixed
within the corporate limits of said city subject to taxation, a tax
of forty four and one half cents ($0.445) on each one hundred dollar
($100.00) valuation of property, and said tax being so levied and
apportioned to the specific purpose herein set forth:
For the maintenance and support of the general government
(General Fund), sixteen and twenty five one hundredths cents
($0.1625) on each one hundred dollar ($100.00) valuation of
property; and
For the General Debt Service Fund, twenty-eight and twenty
five one hundredths cents ($0.2825) on each one hundred
dollars ($100.00) valuation of property to be used for
principal and interest payments on bonds and other
obligations of the fund.
SECTION II. Ail monies collected under this ordinance for the
specific items therein named, shall be and the same are hereby
appropriated and set apart for the specific purpose indicated in each
item and the Assessor and Collector of Taxes and the Executive
Director of Finance shall keep these accounts so as to readily and
distinctly show the amount collected, the amounts expended and the
amount on hand at any time, belonging to such funds. It is hearby
made the duty of the Tax Assessor and Collector to deliver at the time
of depositing any monies, a statement showing to what fund such
deposit should be made from what source received.
SECTION III. That this ordinance shall take effect and be in force
from and after its passage.
PASSED AND APPROVED THIS ._28th DAY OF Se~eember , 1993.
City Secretary
APPROVED: