09-25-18-Ordinance-Levying the Tax Rate for Fiscal Year 2018-2019-09/17/2018ORDINANCE #09-25-18
AN ORDINANCE OF THE CITY OF SANGER, DENTON COUNTY, TEXAS, LEVYING
A TAX RATE FOR THE GENERAL GOVERNMENT FOR THE FISCAL YEAR 2018-
2019 AND PROVIDING FOR AN EFFECTIVE DATE.
WHEREAS, the City Council of the City of Sanger finds that a tax rate of $0.6791 per
$100 valuation for the Fiscal Year 2018-2019, hereinafter levied for current expenses of the City
and general improvements of the City and its property, must be levied to provide the revenue
requirements of the budget for the ensuing year; and
WHEREAS, all statutory and constitutional requirements for the levy and assessment of
ad valorem taxes have been completed in due and correct time and all requirements of the Sanger
Charter have been met;
NOW THEREFORE, BE IT ORDAINED BY THE CITY COUNCIL OF THE CITY
OF SANGER, TEXAS:
SECTION 1: That the City Council does hereby levy and adopt the tax rate on $100
assessed valuation for the City for maintenance and operation of the City government for the tax
year 2018-2019, as follows:
$0.571004/$100
SECTION 2: That the City Council does hereby levy and adopt the tax rate on $100
assessed valuation for the City for debt service for City government for the tax year 2018-2019 as
follows:
$0.108096/$100
SECTION 3: This ordinance is effective upon its adoption.
PASSED, APPROVED AND ADOPTED by the City Council of the City of Sanger,
Texas on this 17th day of September 2018.
I1
City Secretary
APPROVED:
E. Muir, Mayor