O-2016-3699 - 9/8/2016ORDINANCE NO. 0-2016-3699
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 2016.
BE IT ORDAINED BY THE CITY 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 2016 upon all
property, real, personal and mixed, within the corporate limits of said City subject to taxation, a
tax of 42.50 cents on each One Hundred Dollars ($100.00) valuation of property. 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 10.96 PERCENT AND WILL RAISE TAXES FOR MAINTENANCE
AND OPERATIONS ON A $100,000 HOME BY APPROXIMATELY $26.86.
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 2016 upon all property, real,
personal and mixed, within the corporate limits of said City subject to taxation, a tax of 15.313
cents on each One Hundred Dollars ($100.00) valuation of property.
SUMMARY
Maintenance and operation
of the Municipal Government 27.187 cents
Interest and Sinking 15.313 cents
Total Tax per $100.00 of valuation 42.50 cents
0112.1604;00362459
That the City Clerk shall ensure that the City's home page of its internet website shall
include the following statement: "THE CITY OF ROUND ROCK ADOPTED A TAX RATE
THAT WILL RAISE MORE TAXES FOR MAINTENANCE AND OPERATIONS THAN
LAST YEAR'S TAX RATE. THE TAX RATE WILL EFFECTIVELY BE RAISED BY
10.96 PERCENT AND WILL RAISE TAXES FOR MAINTENANCE AND
OPERATIONS ON A $100,000 HOME BY APPROXIMATELY $26.86."
II.
All monies collected under this ordinance for the specific items herein 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, and the City Chief Financial Officer 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.
2016.
READ and APPROVED on first reading this the � day of ,
2
READ, APPROVED and ADOPTED on second reading this the _0�day of
ALAN MCGRAW, Mayor
City of Round Rock, Texas
ATTEST:
9P//Ml JA bUt
SA L. WHITE, City Clerk