Ord. 1519 2015-09-21ORDINANCE NO.1519
An Ordinance adopting a tax rate of $0.7053 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 2015.
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 the Year Two Thousand Thirteen upon all
property, real, personal, and mixed within the corporate limits of said City subject
to taxation, a tax of $0.7053 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 $0.2225 on each $100 valuation of property, and
(2) For the Interest and Sinking Fund, the sum of $0.4828.
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.
PASSED and APPROVED ON FIRST READING this the 14th day of
September, A.D., 2015.
ATTEST:
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TOM REID
MAYOR
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PASSED and APPROVED ON SECOND and FINAL READING this the 21St day
of September, A. D., 2015.
ATTEST:
APPROVED AS TO FORM:
DARRIN M. COKER
CITY ATTORNEY
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TOM REID
MAYOR
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