Pursuant to House Bill No. 650 enacted by the 67th State General Assembly, the maximum tax rate limit for the General Corporate Fund of the city shall be, and is hereby established at 0.308% of full, fair cash value as determined by the State Department of Revenue, it being the intention to establish a maximum tax rate limit for the General Corporate Fund which is 10% greater than the maximum tax rate limit in effect for said fund as of the date of the adoption of this section.
(Prior Code, Chapter 25, § 1) (Ord. 13 (Series 1951-1952), passed - -)