Page 278 - Honorable Mayor and Members of the City Council
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ORDINANCE NO.  1432


                       AN ORDINANCE OF THE CITY COUNCIL OF THE CITY OF BENBROOK, TEXAS, FIXING AND LEVYING
                       MUNICIPAL AD VALOREM TAXES FOR THE FISCAL YEAR BEGINNING OCTOBER 1, 2018 AND ENDING
                       SEPTEMBER 30, 2019, AND FOR EACH YEAR THEREAFTER UNTIL OTHERWISE PROVIDED, AT THE RATE
                       OF $0.6400 PER ONE HUNDRED DOLLARS ($100.00) ASSESSED VALUE ON ALL TAXABLE PROPERTY
                       WITHIN THE CORPORATE LIMITS OF THE CITY OF BENBROOK, TEXAS, AS OF JANUARY 1, 2018, TO
                       PROVIDE REVENUES FOR THE PAYMENT OF CURRENT EXPENSES AND TO PROVIDE AN INTEREST IN
                       DEBT SERVICE FUNDS ON ALL OUTSTANDING DEBTS OF THE CITY; DIRECTING THE ASSESSMENT
                       THEREOF;  PROVIDING  FOR  DUE  AND  DELINQUENT  DATES  TOGETHER  WITH  PENALTIES  AND
                       INTEREST THEREON; PROVIDING FOR PLACE OF PAYMENT; PROVIDING FOR APPROVAL OF THE TAX
                       ROLLS  PRESENTED  TO  THE  CITY  COUNCIL;  PROVIDING  FOR  THE  REPEAL  OF  INCONSISTENT
                       ORDINANCES; PROVIDING FOR A SEVERABILITY CLAUSE AND DECLARING AN EFFECTIVE DATE.

               WHEREAS, the City Council of the City of Benbrook, Texas (hereinafter referred to as the "City") hereby finds that the
               tax  for  the  fiscal  year  beginning  October  1,  2018,  and  ending  September  30,  2019,  hereinafter  levied  for  current
               expenses of the City and the general improvements of the City and its property must be levied to provide the revenue
               requirements of the budget for the ensuing year; and

               WHEREAS, the City Council has approved by a separate ordinance adopted on the 20th day of September, 2018, the
               budget for the fiscal year beginning October 1, 2018, and ending September 30, 2019; and

               WHEREAS, all statutory and constitutional requirements concerning the levying and assessing of ad valorem taxes
               have been complied with.

               NOW, THEREFORE, BE IT ORDAINED BY THE CITY COUNCIL OF THE CITY OF BENBROOK, TEXAS, THAT:

                                                                          SECTION I
               All of the above premises are found to be true and correct and are incorporated into the body of this ordinance as if
               copied in their entirety.

                                                                          SECTION II
               The ad valorem tax appraisal roll and effective tax rate information as presented by the assessor to the City Council
               for the tax year 2017, be and is hereby, in all things, approved and adopted.
                                                CITY OF BENBROOK 2018-19 ANNUAL BUDGET
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