HomeMy WebLinkAboutO-2001-2507
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ORDINANCE NO. ~- ~ 5 0'1
AN ORDINANCE LEVYING TAXES UPON TAXABLE PROPERTY LOCATED WITHIN AND SUBJECT TO
TAXATION IN THE CITY OF LA PORTE, TEXAS; MAKING APPROPRIATIONS FOR SUPPORT,
MAINTENANCE, AND IMPROVEMENT OF THE CITY GOVERNMENT OF SAID CITY OF LA PORTE;
FINDING THAT ALL REQUIRED NOTICES HAVE BEEN PUBLISHED AND ALL REQUIRED HEARINGS
HELD; CONTAINING A REPEALING CLAUSE; CONTAINING A SEVERABILITY CLAUSE; FINDING
COMPLIANCE WITH THE OPEN MEETINGS LAW; AND PROVIDING AN EFFECTIVE DATE HEREOF.
BE IT ORDAINED BY THE CITY COUNCIL OF THE CITY OF LA PORTE
Section 1. That there is hereby levied for the fiscal year beginning October 1, 2001, and ending September
30, 2002, on all real property situated and all personal property owned within the taxable limits of the said
City of La Porte, on the first day of January, 2001, except so much as may be exempt under the constitution
and laws of the United States, this State, and the City of La Porte, the following taxes:
(1) An Ad Valorem Tax of and at the rate of fifty-seven and one-half cents ($.575) on the one
hundred dollars ($100.00) cash value thereof, estimated in lawful currency of the United
States for the current expenses for the support, maintenance, and improvement of the City
Government of said City of La Porte; and
(2) An Ad Valorem Tax of and at the rate of thirteen and one-half cents ($.135) on the one
hundred dollars ($100.00) cash value thereof, estimated in lawful currency of the United
States, to pay current interest on and provide one year's sinking fund and to pay all of the
Principal and Interest accruing on all outstanding general obligation bonds and certificates
of obligation lawfully issued by the City of La Porte.
That this provides the sum of total Ad Valorem tax at the rate of seventy-one cents ($.71) on the one
hundred dollars ($100.00) cash value thereof, estimated in lawful currency of the United States.
Section 2. All property upon which a rate of taxation is hereinabove levied shall be assessed on a ratio of
one hundred percent (100%) of the estimated market value thereof.
Section 3. That the sums hereinafter accruing and collected from the hereinabove taxes so levied be and
the same are hereby appropriated for the support, maintenance, and improvement of the City Government
of the City of La Porte.
Section 4. The City Council officially finds, determines, recites and declares that all notices required by law
have been published, and that a public hearing as required by law was duly called and held, and that all
matters prerequisite to the establishment and levy of an ad valorem tax have been accomplished, all as
required by the laws of the State of Texas, and the Home Rule Charter of the City of La Porte.
Section 5. If any section, sentence, phrase, clause, or any part of any section, sentence, phrase, or clause,
of this Ordinance shall, for any reason, be held invalid, such invalidity shall not affect the remaining portions
of this Ordinance, and it is hereby declared to be the intention of this City Council to have passed each
section, sentence, phrase, or clause, or part thereof, irrespective of the fact that any other section,
sentence, phrase, or clause, or part thereof, may be declared invalid.
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Section 6. All ordinances or parts of ordinances in conflict herewith are hereby repealed to the extent of
such conflict only.
Section 7. The City Council officially finds, determines, recites and declares that a sufficient written notice
of the date, hour, place, and subject of this meeting of the City Council was posted at a place convenient
to the public at the City Hall of the City for the time required by law preceding this meeting, as required by
the Open Meetings Law, Chapter 551, Texas Government Code; and that this meeting has been open to
the public as required.
Section 8. This Ordinance shall be in effect from and after its passage and approval.
PASSED AND APPROVED this the 10th day of September, 2001.
C~ITY OF LA PORTE, T~EXAS
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N man alone, Mayo
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City ecretary
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ORIGINAL TAX DOCUMENTS
MAINTAINED IN TAX OFFICE
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REQUEST FOR CITY COUNCIL AGENDA ITEM
Agenda Date Requested: Se tember 10 2001
Appropriation
Requested By: C nthia B. Alexander
Source of Funds: N/A
Department: Finance
Account Number: N/A
Report:
Resolution: XX Ordinance:
Amount Budgeted: N/A
Exhibits:
Amount Requested: N/A
Exhibits:
Budgeted Item: YES NO
Exhibits:
SUMMARY & RECOMMENDATION
The Fiscal Year 2001-02 Budget was built around a tax rate of.7l cents per hundred dollar valuation.
A breakdown of the tax rate is as follows:
General Fund = 57Y2 cents per hundred dollar valuation
Debt Service = 13Y2 cents per hundred dollar valuation
The tax rate of.71 cents is the same rate that has been adopted for the last ten years.
Action Required bv Council:
Approve Ordinance establishing the tax rate for Fiscal Year 2001-02 at .71 cents per .hundred dollar
valuation.
Aooroved for City Council Allenda
a~ T. tl~
Robert T. Herrera, City Manager
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Date