HomeMy WebLinkAbout1996-2208 - Ordinance - 09/12/1996ORDINANCE NO. 2208
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 1996-97 AND
APPORTIONING EACH LEVY FOR THE SPECIFIC PURPOSES.
BE IT ORDAINED BY THE CITY COUNCIL OF THE CITY OF COLLEGE STATION, TEXAS,
THAT:
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, Texas, and to provide General Debt Service
for the 1996-97 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 fifty one-hundredths cents ($0.4427) 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 ($0.1602) on each one hundred
dollar ($100.00) valuation of property; and
For the general obligation debt service, (General Debt Service Fund), twenty-
eight and twenty-five one hundredths cents ($0.2825) on each one hundred
dollar ($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 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 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 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. That this ordinance shall take effect and be in force from and after its passage.
PASSED AND APPROVED THIS 12th DAY OF SEPTEMBER, 1996.
APPROVED:
LynnVMcllhaney, Mayor
ATTEST:
Connio Ho. oks, City Secretary