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HomeMy WebLinkAboutORD 1528ORDINANCE N0. 1528 AN ORDINANCE OF THE CITY OF RENTON, WASHINGTON, FIXING THE AMOUNT OF TAX LEVIES NECESSARY TO MEET THE AMOUNT OF ESTIMATED EXPENSES FOR THE YEAR 1956 LESS THE TOTAL ESTIMATED REVENUES . FROM SOURCES OTHER THAN TAXATION, INCLUDING AVAILABLE SURPLUS. BE IT ORDAINED BY THE MAYOR AND THE CITY COUNCIL OF THE CITY OF RENTON, WASHIlVGTON, AS FOLLOWS; SECTION 1: The total amount of estimated expenditures required for the City of Renton for the year 1956 is the sum of $1,447,827.56. The total estimated revenues from sources other than taxation, including available surplus, is the sum of $1,176,799.90; the amount necessary to be raised by taxation is the sum of $271,027.66. SECTION 2: There is hereby levied and assessed against the taxable property, real and personal, within the corporate limits of the City of Renton, Washington, for the purpose of raising the necessary revenues for said City for the year 1956 the following amounts, to -wit: (Assessed valuation - $15,620,222.00.) For Current Expense Fund . . . . . . 4.25 mills - $66085-95 For Library Fund . . . . . . . . .o. 1.75 mills — 27,335.90 For Park & Athletic Fund . . . . . . . . 2.75 mills — 42,955.60 For City Street Fund 4.00 mills - 62,480.45 For Firemen's Pension Fund . 1.00 mill - 15,620.20 For Civil Defense . . . . .. . . . . . . .25 mill - 3,905.50 For Cumulative Reserve Fund #1182 . . . .25 mill -- 3,905.50 For Cumulative Reserve Fund #1183 . . . .50 mill - 7,811.00 For Cumulative Reserve Fund #1184 . . . .22 mill - 3,,90 .20 TOTAL . . . . 15.00 mills - $234005.60 SECTION : A certified copy of this Ordinance shall be transmitted to the King County Commissioners as provided by law. SECTION 4: This Ordinance shall be in full force and effect from and after its passage, approval and publication. PASSED by the City�C6uncil this 4th day of October, 1955• FLOYD SHAFF, CI RK APPROVED by the Mayor this 4th day of October, 1955• Date of publication: October 10, 1955. J . BAXTER, 14AYOR