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HomeMy WebLinkAbout0097_0001percent (3%) the rate as computed under the provisions of V.T.C.A. 526.04 (Tax Code) in order to result in a levy of Four Hundred Thirty Thousand and no/100 Dollars ($430,000.00). Said tax being so levied shall be apportioned to the specific purposes as follows: 1. For the maintenance and support of the general government (General Fund), $365,160.00, and 2. For the Interest and Sinking Fund, $64,840.00. II. All monies collected under this ordinance for the specific items herein named shall be, and the same are hereby, apportioned as set forth above for the specific purposes indicated. The Assessor and Collector of Taxes for the City of Georgetown, City Treasurer, and City Secretary shall keep these accounts so as to readily and distinctly show the amount collected, the amount expended and the amount on hand at any 'time in such funds. it shall be the duty of the Tax Assessor -Collector, and every person collecting money for the City of Georgetown, to promptly deposit such funds into the proper bank accounts for said City. Such deposits shall show the source of such revenues. All receipts by the City not specifically apportioned by this Ordinance are hereby made payable to the General Fund of the City of Georgetown, PASSED AND APPROVED on first reading this 31stday of December, 1982, and to become effective immediately upon such first reading as such passage is deemed to be an emergency for the reason that the Williamson County Tax Appraisal District h a s delayed in delivering to the City of Georgetown the assessment roll and other information thereby making the passage of this ordinance an emergency and it is further an emergency because the passage of such ordinance is necessary to preserve and protect the public peace and protect the general welfare of the citizens of Georgetown. JOHN C. DOERFLER, MAYOR 2