CHAPTER 1. ADMINISTRATIONCHAPTER 1. ADMINISTRATION\Article 9. Revenue, Finance & Community Development

The levy and imposition of a one percent (1.0%) City-wide retailers’ sales tax, the revenue from which will be applied to pay the costs of improvements and repairs to the water distribution system improvements and repairs to the water treatment plant and other related improvement projects in the City, is hereby authorized, with collection of the sales tax to commence on April 1, 2018, and expire March 31, 2028.

(Ord. 2023; Ord. 2158; Code 2022)

The levy and imposition of a one percent (1.0%) City-wide retailers’ sales tax, the revenue from which will be applied to pay the costs of improvements to the City’s swimming pool, curbs, gutters and streets, including the payment of financing costs related thereto; with collection of the sales tax to commence on July 1, 2019, or as soon thereafter as permitted by law, and to terminate 10 years after its commencement.

(Ord. 2153; Ord. 2163; Code 2022)

That the taxing authority of the Caney Public Library is hereby limited to 5.7 mills on assessed valuation within the City of Caney; provided, however, any increase from one year’s budget to the next shall be limited to the increase in the Consumer Price Index for all urban consumers as published by the United States Department of Labor for the preceding calendar year.

(Ord. 2152; Code 2022)

The city hereby creates a special fund to be used for law enforcement purposes or for the purchase of ambulance equipment or fire-fighting equipment, or both, for the city and to pay a portion of the principal and interest on bonds issued.

(Ord. 2190)