Ord. 1567 2018-09-17-18 ORDINANCE NO.1567
An Ordinance adopting a tax rate of$0.709158 and levying taxes for the use
and support of the Municipal Government of the City of Pearland, Texas,
and providing for the interest and sinking fund of the taxable year 2018.
BE IT ORDAINED BY THE CITY COUNCIL OF THE CITY OF PEARLAND, TEXAS:
Section 1. That there is hereby levied and there shall be collected for the use and
support of the Municipal Government of the City of Pearland, Texas, and to provide Interest and
Sinking Fund for taxable year 2018 upon all property, real, personal, and mixed within the
corporate limits of said City subject to taxation, a tax of $0.709158 on each One Hundred
Dollars ($100.00) valuation of property, said tax being so levied and apportioned for the specific
purpose herein set forth:
(1) For the maintenance and support of the General Government (General Fund), the
sum of$0.279158 on each $100 valuation of property, and
(2) For the Interest and Sinking Fund, the sum of$0.43.
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 purpose
indicated in each item and that the Assessor and Collector of Taxes, the Director of Finance,
and the City Manager shall so keep these accounts 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 Tax Assessor and Collector of Taxes and every person
collecting money for the City of Pearland to deliver to the Director of Finance and the City
Manager, at the time of depositing of 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 ordinance are hereby made payable to the General Fund of the City.
ORDINANCE NO.1567
PASSED and APPROVED ON FIRST READING this the 17th day of September, A.D.,
2018.
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TOM REID
MAYOR
ATTEST:
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PASSED and APPROVED ON SECOND and FINAL READING this the 24th day of
September, A. D., 2018.
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TOM REID
MAYOR
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APPROVED AS TO FORM:
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DARRIN
M. COKER
CITY ATTORNEY
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