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HomeMy WebLinkAboutRes 2002-29 Tax Rate 2002-2003I Whereas, the City Council of the City of Anna, Texas is required to meet the general expenses and general obligations indebtedness requirements of the City of Anna, Texas, and to carry out governmental functions of the city for the fiscal year 2002-2003; and Whereas, in order to meet such obligations an ad valorwn tax on all property real and personal within the corporate limits must be collected. 1. An ad valonun tax on all property real and personal, within the corporate limits and not exempt by the Constitution and laws of the State of Texas, shall be collected at a rate of $0.58 for each $100.00 valuation. 2. The rate for debt service shall be $0.400488 for each $100.00 valuation. 3. The rate for maintenance and operation shall be $0.179512 for each $100.00 valuation. 4. This rate shall be collected until otherwise so designated by the City Council of the City of Anna. RESOLVED this day the 10'h day of September, 2002, by the following vote of the City Council. AYES_ NAYS ABSTENTIONS APPROVED: