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HomeMy WebLinkAboutORD 88-85 AGO"AItQ.,._ ----r ORDINANCE NO. �S ENTITLED AN ORDINANCE APPROVING THE TAX ROLL FOR THE CITY OF BEAUMONT; ESTABLISHING A TAX RATE; PROVIDING FOR LEVYING, ASSESSING AND COLLECTING OF AD VALOREM TAXES FOR THE TAX YEAR 1988; TO PROVIDE A GENERAL FUND, A SINKING FUND TO MEET THE PAYMENT OF ALL BONDED INDEBTEDNESS OF THE CITY OF BEAUMONT AND THE PAYMENT OF INTEREST THEREON, AN INSURANCE FUND, AND A DRAINAGE IMPROVEMENT FUND; PROVIDING FOR SEVERABILITY AND PROVIDING FOR REPEAL. WHEREAS, the Jefferson County Appraisal District has furnished to the City of Beaumont the certified tax roll for the City of Beaumont for the tax year 1988; and, WHEREAS, the net taxable assessed value of all property within the City has been determined by the Jefferson County Appraisal District as of July 22, 1988 to be $2,736, 778,860 ; and, WHEREAS, the City Council finds that the tax roll submitted by the Jefferson County Appraisal District should be approved and that a tax rate in the amount of $.54 per each $100 of value for the tax year 1988 should be established based upon said roll ; NOW, THEREFORE, BE IT ORDAINED BY THE CITY OF BEAUMONT: Section 1 . That the tax roll submitted to the City Council by the Jefferson County Appraisal District, a summary of which is attached as Exhibit "A11 , and showing the total net taxable assessed value of all property within the City to be $2 ,736 ,778,860 is hereby approved and adopted by the City of Beaumont. Section 2. That there shall be and is hereby levied and shall be assessed and collected for the tax year 1988 , for municipal purposes only, an ad valorem tax of $0 .54 on each $100 worth of property located within the city limits of the City of Beaumont made taxable by law, which said taxes, when collected, shall be for the purposes hereinafter set forth as follows: General Fund - $0.2922 For the purpose of paying the - $0.2200 accruing interest and to provide a sinking fund for the payment of the entire bonded indebtedness of the City of Beaumont Insurance Fund - $0.0192 Drainage Improvement Fund - $0.00860 Section 3. That if any section, subsection, sentence, clause or phrase of this ordinance, or the application of same to a particular set of persons or circumstances, should for any reason be held to be invalid, such invalidity shall not affect the remaining portions of this ordinance, and to such end the various portions and provisions of this ordinance are declared to be severable. Section 3. That all ordinances or parts of ordinances in conflict herewith are repealed to the extent of the conflict only. - 2 - X44 STATE OF TEXAS COUNTY OF JEFFERSON CERTIFICATION OF 1988 APPRAISAL ROLL FOR City of Beaumont I,_ Roland R. Bieber, Chief Appraiser for the Jefferson County Appraisal District, solemnly swear that the attached is that portion of the approved Appraisal Roll of the Jefferson County Appraisal District which lists property taxable by, and constitutes the appraisal roll for City of Beaumont. July 22 1988 _ 1 -- Date Roland R. Bieber, RPA Chief Appraiser Jefferson County Appraisal Dist. 1988 APPRAISAL ROLL INFORMATION 1988 Gross Value $3 , 047 , 385 , 650 1988 Market Value $2 , 894 , 815 , 280 1988 Gross Taxable Value $2 , 880 , 339 , 940 Total Number of Accounts 58 , 873 # of Accounts with Homestead Exemption 20, 850 # of Accounts with Over-65 Exemption 7,9155 # of Accounts with Disabled Exemption 535 # of Accounts with Veterans Exemption 614 # of Agriculture-Use Accounts 114 # of Exempt Accounts 2 , X15 1988 Taxable Value $2 , 736 , 778 , 860 RECEIVED BY- DATE: EXHIBIT "A" PASSED BY THE CITY COUNCIL of the City of Beaumont this the day of 1988. Mayor - 3 -