HomeMy WebLinkAbout2019-O-35 - 2019 Tax Rate ORDINANCE NO. 2019-0-35
AN ORDINANCE LEVYING A TAX RATE FOR THE CITY OF STEPHENVILLE, FOR THE TAX YEAR 2019
NOW,THEREFORE, BE IT ORDAINED BY THE CITY COUNCIL OF THE CITY OF STEPHENVILLE,TEXAS:
That we, the City Council of the City of Stephenville, Texas, do hereby levy or adopt the
tax rate of$0.47/$100.00 valuation for this city for tax year 2019, as follows:
$ 0.4512 for the purpose of maintenance and operation.
$ 0.0188 for the payment of principal and interest on bonds.
$ 0.4700 Total Tax Rate
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 5.93 PERCENT AND
WILL RAISE TAXES FOR MAINTENANCE AND OPERATIONS ON A $100,000
HOME BY APPROXIMATELY $12.80.
The Tax Assessor/Collector is hereby authorized to assess and collect the taxes of the City
of Stephenville,Texas, employing the above tax rate.
PASSED and APPROVED this the 17th day of September, 2019.
,,
OF S TFp Doug Svi ayor
ATTEST: fcv , f G
( ., ..,,
* : r �� � : m
Staci L. , City Secretary '•ApP.��Q
/7
Reviewed by Al en L. B rnes,
City Manager
ca‘,._ .
Approved as to form and legality
Randy Thomas, City Attorney