Whereas, pursuant to the provisions of the Constitution and Laws of the State ofTexas, the City Council of the City of Rising Star, Texas, is vested with the power to levy, assess and collect an annual tax upon all taxable real and personal property located within the city limits; and

       Whereas, the Council is required to set a tax rate, expressed as a rate per hundred-dollar valuation of said property, located in the City of Rising Star;

NOW THEREFORE, BE IT ORDAINED BY THE CITY COUNCIL OF THE CITY OF RISING STAR, TEXAS;

                  Section 1   The tax rate for the City of Rising Star, Texas, per hundred-dollar valuation for the year 2020 has been computed, and is hereby set, levied, and assed as follows:

$0.654180 per $100.00 of Property Value

                    Section 2   All ad valorem taxes levied in accordance with this Ordinance shall be due and payable on the date prescribed in the Texas Property Tax Code. All ad valorem taxes due the City of Rising Star, and not paid before the delinquency date as prescribed in the Texas Property Tax Code, shall bear penalties and interest as provided by the Texas Property Tax Code.

                      Section 3   That said tax levied as aforesaid, based upon valuations established by the Eastland County Appraisal District will be sufficient to meet the requirements of the City of Rising Star for the Budget Year 2020-2021.

                     Section 4   This Ordinance shall become effective upon its adoption as State Law provides.

DULY PASSED AND ADOPTED this the 10th day of September, 2020.