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HomeMy WebLinkAboutORD 1440ORDINANCE NO. 1440. I - 4 AN ORDINANCE OF THE CITY OF RENTON, WASHINGTON, ADOPTING A CITY BUDGET FOR THE YEAR 1953. BE IT ORDAINED BY THE CITY COUNCIL OF THE CITY OF RENTON, WASHINGTON, AS FOLLOWS: SECTION 1: That the budget for the City of Renton for the,year 1953 pre- pared and filed with the City Clerk, as modified and approved by vote of the City Council October 10, 1952 after due notice and bearing, be and is hereby in all respects ratified and adopted as such budget, same being by this reference incor- porated herein as if fully set forth. SECTION 2: That there be and are hereby allowed and established the follow- ing ollow ing total sums for expenditure in each of the fdllowing classifications in said 1953 budget, to tit: Salaries and wages $536017.00 Maintenance and operation 255,7-16.7.1 Capital Outlay . . . . . . . . . . . . . . . . . . 40,9909-00 Cumulative Reserve Fund #1182 . . . . . . . . . . 5,x•00 Cumulative Reserve Fund #1183 . . . . . . . . . . 3,500.00 Cumulative Reserve Fund #1184• . . . . . . . . . . 15,500.00 Interest and Bond Redemption . . . . . . . . . . . 319290.00 Total Expenditures (A) . . $887,632.14 Fess Receipts from sources other than taxation . $698,075.01 Total to be raised by taxation . $189,557.13 Expenditures to be made from bond issues not yet authorized (for the acquisition of a Power & Light System, including Engineering &.Legal Expense) . . . . . . . . .(B) . .$6,500,000.00 Total budget for Expenditures (A) and (B) . . . .67,387,632.14 SECTION 3: That a copy of the budget as hereby adopted be transmitted to the office of the State Auditor of Washington, Division of Municipal Corporations. SECTION 4: That this Ordinance shall be in full force and effect five (5) days from and after its passage, approval and legal publication. PASSED by the City Council this 10th day of October, 1952• APPROVED by the Mayor this 10th day APPROVED AS TO FORM: pr /iwu 11=11'IV i� . Date of Publication: October 16, 1952• 'Wiley Cr -(##k - City Clerk