84-20-Ordinance-Levying the Taxes for 1984-09/17/1984ORDINANCE N0, 84-20
AN ORDINANCE LEVYING TAXES FOR THE USE AND SUPPORT OF THE MUNICIPAL
GOVERNMENT OF THE CITY OF SANGER AND PROVIDING FOR THE INTEREST AND
SINKING FUND FOR THE YEAR 1984 AND APPORTIONING EACH LEVY FOR THE
SPECIFIC PURPOSE.
BE IT ORDAINED BY THE CITY COUNCIL OF THE CITY OF BANGER, TEXAS:
SECTION 1. That there is hereby levied and there shall
for the use and support of the municipal government of
be
collected
the
City
of
Sanger, and to provide Interest and Sinking Fund for the
teen Hundred and Eighty Three, upon all property, real,
mixed, within the corporate limits of said City subject
a tax of forty eight & kC' ($0.485)).on.10Q% of the market value
said tax being so levied and apportioned to the specific
herein set forth:
year Nine -
personal, and
to taxation,
of property
purposes
(1) For the maintenance and support of the general government (Gen-
eral Fund), thirty nine&Zcents ($0.395)on 100% of the market value of
property, and
(2) For the interest and sinking fund, nine cents ($0.09) on 100%
of the market value of property to be apportioned as follows:
SECTION 2. All monies collected under this ordinance for the specific
items therein named, be and the same are hereby appropriated and set
apart for the specific purposes indicated in each item and that the
Assessor and Collector of Taxes, the City Treasurer and the City Sec-
retary 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
Fax Assessor and Collector of taxes and every person collecting money
for the City of Sanger, to deliver to the City Treasurer and the City
Secretary at the time of depositing any monies, a statement showing
to what fund such deposit should be made and from what source received.
All receipts for the City not specifically apportioned by this ordi-
nance are hereby payable to the General Fund of the City.
SECTION 3. That this ordinance shall take effect and be in force
from and after its passage.
PASSED AND APPROVED THIS THE 17 DAY OF September 1984.
APPROVED:.
or Nel Armstrong
ATTEST: