In addition to all other taxes which the city has now levied or may hereafter levy upon all the taxable property within the corporate limits of said city, subject to taxes for the year 1949, there be and is hereby levied upon all said taxable property within the corporate limits of said city, subject to taxes for the year 1949, a tax of 0.05% upon the full, fair cash value of all said taxable property, subject to taxes for the year 1949, as said valuation is determined by law; said tax is hereby designated and is to be known as the Working Cash Fund Tax.
(Prior Code, Chapter 25, § 4) (Ord. 6 (Series 1949-1950), passed - -)