HomeMy WebLinkAbout2021-4287 - Ordinance - 08/12/2021
ORDINANCE NO. 2021-4287
AN ORDINANCE LEVYING THE AD VALOREM TAXES FOR THE USE AND SUPPORT OF THE
MUNICIPAL GOVERNMENT OF THE CITY OF COLLEGE STATION, TEXAS, AND PROVIDING FOR
THE GENERAL DEBT SERVICE FUND FOR THE YEAR 2021-22 AND APPORTIONING EACH LEVY
FOR THE SPECIFIC PURPOSES.
BE IT ORDAINED BY THE CITY COUNCIL OF THE CITY OF COLLEGE STATION, TEXAS:
SECTION 1. 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, Texas, and to provide Gen eral Debt
Service for the 2021-22 fiscal year upon all property, real, personal and mixed within the
corporate limits of said city subject to taxation, a tax of fifty-three and forty-six hundredths and
eighteen thousand cents ($0.534618) on each one hundred dollar ($100.00) valuation of
property, and said tax being so levied and apportioned to the specific purpose herein set forth:
1. For the maintenance and support of the general government
(General Fund), thirty-one and eighty-one hundred and seventy-
six thousand cents ($.318176) on each one hundred dollar
($100.00) valuation of property; and
2. For the general obligation debt service (Debt Service Fund), is
twenty-one and sixty-four hundred and forty-two thousand cents
($.216442) 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. All moneys collected under this ordinance for the specific item s 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 Chief Financial Officer 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 hereby made the
duty of the Tax Assessor and Collector to deliver a statement at the time of depositing any
money, showing from what source such taxes were received and to what account (General
Fund or General Debt Service Fund) the funds were deposited.
SECTION III. THIS TAX RATE WILL RAISE MORE TAXES FOR MAINTENANCE AND
OPERATIONS THAN LAST YEAR'S TAX RATE.
THE TAX RATE WILL EFFECTIVELY BE RAISED BY 2.50 PERCENT AND WILL RAISE
TAXES FOR MAINTENANCE AND OPERATIONS ON A $100,000 HOME BY
APPROXIMATELY $0.01.
SECTION IV. That this ordinance shall take effect and be in force from and after its passage.
PASSED AND APPROVED THIS 12TH DAY OF AUGUST, 2020.
APPROVED:
___________________________________
Mayor
ATTEST:
__________________________________________
City Secretary
APPROVED:
City Attorney