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ORD 812 09/13/2007 ORDINANCE NO. 812 AN ORDINANCE BY THE CITY COUNCIL OF THE CITY OF CIBOLO, GUADALUPE COUNTY, TEXAS, LEVYING AND ASSESSING ALL TAXABLE PROPERTY WITHIN THE CORPORATE LIMITS OF THIS CITY FOR THE YEAR 2007-08. BE IT ORDAINED BY THE CITY COUNCIL OF THE CITY OF CIBOLO, TEXAS... We the City Council of the Municipality of Cibolo do hereby levy and adopt the tax rate on $100 valuation for the City of Cibolo for the tax year 2007 (fiscal year 2007-08) as follows: $0.2282 for the Purpose of Maintenance and Operation $0.0904 for the Payment of Principal and Interest on the Debt of this City $0.3186 TOTAL ADOPTED TAX RATE The tax rate will raise taxes for maintenance and operations on a $100,000 home by approximately $0.00. BE IT FURTHERMORE ORDAINED THAT, the City Council grants an exemption of $5,000 per qualified citizen within the corporate limits of the City of Cibolo. Qualified exemptions are: sixty-five years or older; disabled and disabled veteran. There are no discounts allowed for early payment. PASSED AND APPROVED AND ADOPTED THIS 13TH DAY OF SEPTEMBER, 2007. APPROVED: Jeiifer Hartman Mayor ATTEST: • / 9� Peggy Cimics City Secretary 1