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G-03-09-25-13B2 - 9/25/20030OO9-95-/3/3 ORDINANCE NO. - o, AN ORDINANCE LEVYING TAXES FOR THE MAINTENANCE AND OPERATION OF THE MUNICIPAL GOVERNMENT OF THE CITY OF ROUND ROCK, TEXAS, AND PROVIDING FOR THE INTEREST AND SINKING FUND FOR THE YEAR 2003. BE IT ORDAINED BY THE COUNCIL OF THE CITY OF ROUND ROCK, TEXAS: I. That there is hereby levied and there shall be collected for the maintenance and operation of the municipal government of the City of Round Rock, Texas, for the year 2003 upon all property, real, personal and mixed, within the corporate limits of said City subject to taxation, a tax of 20.1833 cents on each One Hundred Dollars ($100.00) valuation of property. That there is hereby levied and there shall be collected for the City of Round Rock, Texas, to provide for Interest and Sinking Funds for the year 2003 upon all property, real, personal and mixed, within the corporate limits of said City subject to taxation, a tax of 15.5319 cents on each One Hundred Dollars ($100.00) valuation of property. SUMMARY Maintenance and operation of the Municipal Government 20.1833 cents Interest and Sinking 15.5319 cents Total Tax per $100.00 of valuation 35.7152 cents II. All monies collected under this ordinance for the specific items herein named, be and the same are hereby appropriated and set @PFDesktop\::ODMA/WORLDOX/O:/WDOX/ORDINANC/030911B2.WPD/sc apart for the specific purpose indicated in each item and that the Assessor and Collector of Taxes, and the City Finance Director shall keep these accounts so as to readily and distinctly show the amount collected, the amounts expended and the amount on hand at any time, belonging to such funds. All receipts for the City not specifically apportioned by this ordinance are hereby made payable to the General Fund of the City. The City Council hereby finds and declares that written notice of the date, hour, place and subject of the meeting at which this Ordinance was adopted was posted and that such meeting was open to the public as required by law at all times during which this Ordinance and the subject matter hereof were discussed, considered and formally acted upon, all as required by the Open Meetings Act, Chapter 551, Texas Government Code, as amended. READAP PRAPPROVED on first reading this the day of staturn2003. READ, APPROVED and ADOPTED on second reading this the _154-6 day of AT T: 2003. 4fifuR �a�t , Mayor Ci" y of Round Rock, Texas CHRISTINE R. MARTINEZ, City Secret 2. DATE: September 19, 2003 SUBJECT: City Council Meeting - September 25, 2003 ITEM: 13.B.2. Consider an ordinance adopting the 2003 property tax rate for the City of Round Rock. (Second Reading) Resource: David Kautz, Assistant City Manager/Chief Financial Officer Cindy Demers, Finance Director History: The proposed Operating Budget for fiscal year 2003-04 is balanced at the Effective Tax Rate of 35.7152 cents per $100 of appraised taxable value. The Effective Tax Rate would impose the same total taxes as last year from properties on the tax roll this year that was also on the tax roll last year. Funding: N/A Cost: N/A Source of Funds: N/A Outside Resources: N/A Impact/Benefit: This tax rate provides adequate funding for the proposed operating budget. It still remains a competitive rate when compared to other municipalities. Public Comment: Public Hearings is to be held on this date regarding the proposed tax rate. Sponsor: Finance Department IIIIIIIIIIIIIIIIIIIIIIIIIIIIIIIIIIIIIIIIIIIIIIIIIIIIIIIIIIII ORD 4 PGS THE STATE OF TEXAS * COUNTY OF WILLIAMSON * CITY OF ROUND ROCK 2003100121 I, CHRISTINE R. MARTINEZ, City Secretary of the City of Round Rock, Texas, do hereby certify that I am the custodian of the public records maintained by the City and that the above and foregoing is a true and correct copy of Ordinance No. G -03-09- 25-13B2. This ordinance was approved and adopted after two readings by the City Council of the City of Round Rock, Texas. The meetings were held on the 11th day of September, 2003, and the 25th day of September, 2003, and recorded in the City of Round Rock minutes book No. 49. CERTIFIED by my hand and seal of the City of Round Rock, Texas on this 10th day of October, 2003. LOuit,1Y&.? i& CHRISTINE R. MARTINEZ, City Secretary ORDINANCE NO. 0 - a3- 09- O 5 - /38 AN ORDINANCE LEVYING TAXES FOR THE MAINTENANCE AND OPERATION OF THE MUNICIPAL GOVERNMENT OF THE CITY OF ROUND ROCK, TEXAS, AND PROVIDING FOR THE INTEREST AND SINKING FUND FOR THE YEAR 2003. BE IT ORDAINED BY THE COUNCIL OF THE CITY OF ROUND ROCK, TEXAS: I. That there is hereby levied and there shall be collected for the maintenance and operation of the municipal government of the City of Round Rock, Texas, for the year 2003 upon all property, real, personal and mixed, within the corporate limits of said City subject to taxation, a tax of 20.1833 cents on each One Hundred Dollars ($100.00) valuation of property. That there is hereby levied and there shall be collected for the City of Round Rock, Texas, to provide for Interest and Sinking Funds for the year 2003 upon all property, real, personal and mixed, within the corporate limits of said City subject to taxation, a tax of 15.5319 cents on each One Hundred Dollars ($100.00) valuation of property. SUMMARY Maintenance and operation of the Municipal Government 20.1833 cents Interest and Sinking 15.5319 cents Total Tax per $100.00 of valuation 35.7152 cents II. All monies collected under this ordinance for the specific items herein named, be and the same are hereby appropriated and set @PFDesktop\::0DMA/WORLDOX/O:/WDOX/ORDINANC/03091182.WPD/sc apart for the specific purpose indicated in each item and that the Assessor and Collector of Taxes, and the City Finance Director shall keep these accounts so as to readily and distinctly show the amount collected, the amounts expended and the amount on hand at any time, belonging to such funds. All receipts for the City not specifically apportioned by this ordinance are hereby made payable to the General Fund of the City. The City Council hereby finds and declares that written notice of the date, hour, place and subject of the meeting at which this Ordinance was adopted was posted and that such meeting was open to the public as required by law at all times during which this Ordinance and the subject matter hereof were discussed, considered and formally acted upon, all as required by the Open Meetings Act, Chapter 551, Texas Government Code, as amended. READ and APPROVED on first reading this the / 1 - day of , 2003. READ, APPROVED and ADOPTED on second reading this the _C26t11- day of AT T: , 2003. W L , Mayor Ci y of Round Rock, Texas CHRISTINE R. MARTINEZ, City Secret 2. y FILED AND RECORDED OFFICIAL PUBLIC RECORDS 2003100121 10/13/2003 12:33 PM ANDERSON $20.00 NANCY E. RISTER, COUNTY CLERK WILLIAMSON COUNTY, TEXAS p \cap h r f 5-111 e n(lar-h ri o / CITY OF ROUND ROCK 11' MINISTRATION 221 EAST MAIN STREET ROUND ROCK, TEXAS 78664