Page 562 - Cover 3.psd
P. 562

a)  For maintenance   and   operations levied  on the $ 100. 00 valuation;
                                       0. 327088; and


                                   b)  For  interest  and   sinking   levied  on   the   $ 100. 00  valuation;
                                       0. 257912.


                               All monies collected and hereby apportioned and set apart for the specific
                               purposes indicated and the funds shall be accounted for in such a manner
                               as to readily show balances at any time.


                 SECTION 3.  That the tax rate for maintenance and operations of $0. 327088 will impose
                               an amount of taxes that exceeds the amount of taxes imposed for that
                               purpose in the preceding year, therefore:


                               THIS     TAX      RATE      WILL      RAISE       MORE       TAXES       FOR
                               MAINTENANCE           AND OPERATIONS THAN                   LAST YEAR' S
                               TAX RATE.


                 SECTION 4.  That the maintenance and        operations tax rate of $0. 327088 exceeds the
                               effective maintenance and operations rate of$ 0. 307218, therefore:


                               THIS TAX RATE WILL EFFECTIVELY BE RAISED BY 6.47
                               PERCENT AND WILL RAISE TAXES FOR MAINTENANCE
                               AND       OPERATIONS             ON      A     $ 100,000       HOME        BY
                               APPROXIMATELY $ 19. 87.

                 SECTION 5.  It is hereby declared to be the intention of the City Council that the
                               phrases,  clauses,  sentences,  paragraphs and sections of this ordinance
                               are severable,  and if any phrase,  clause,  sentence,  paragraph or section
                               of this ordinance shall be declared unconstitutional by the valid judgment
                               or decree of any court of competent jurisdiction,  such unconstitutionality
                               shall  not  affect  any  of  the  remaining   phrases,   clauses,   sentences,
                               paragraphs and sections of this ordinance,  since the same would have
                               been   enacted   by the City Council without the incorporation in this
                               ordinance      of any  such   unconstitutional   phrase,    clause,    sentence,
                               paragraph or section.

                 SECTION 6.  This ordinance shall be in full force and effect from and after its passage
                               as provided by law, and it is so ordained.



                                                           10th
                 PASSED AND APPROVED on this the                day of September, 2018.







                 Ordinance No.  3530
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