ORD 761 09/12/2006 ORDINANCE NO. 7 61
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 2006-07.
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 2006 (fiscal year 2006-07) 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 $0.80.
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 12Th DAY OF SEPTEMBER,
2006.
APPROVED:
. 'or Jo utton
ATTEST:
2,..L.L.,
� 9y
Peggy Clinics, City Secretary
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