HomeMy WebLinkAboutORD 2055" t. i
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ORIGINAL 1
ORDINANCE N0. 2055
AN ORDINANCE OF THE CITY OF RENTON, WASHINGTON FIXING THE AMOUNT
OF TAX LEVIES NECESSARY TO RAISE THE AMOUNT OF THE ESTIMATED
EXPENDITURES FOR THE YEAR 1964, LESS THE ESTIMATED REVENUES FROM
SOURCES OTHER THAN TAXATION, FOR THE GENERAL FUND AND FOR THE
PAYMENT OF PRINCIPAL AND INTEREST UPON THE GENERAL BONDED INDEBT-
EDNESS OF THE CITY OF RENTON FOR THE YEAR 1964; TO LEVY THE ANNUAL
TAXES OF THE CITY OF RENTON FOR THE YEAR 1964 AND APPROPRIATING
SAME TO CERTAIN FUNDS FOR CERTAIN PURPOSES.
BE IT ORDAINED BY THE MAYOR AND THE CITY COUNCIL OF THE CITY OF RENTON, WASH.
AS FOLLM4S':
SECTION I: The total amount of estimated expenditures required for the
City of Renton for the year 1964 is the sum of $ 3,2-27,7.98 The total
... ter.
estimated revenues from sources other than taxation, including available surplus,
is the sum of $ 2,032,315 1 therefore the amount necessary to be raised
by taxation is the sum of $ 1.1.95.483 and said amount of tax levy is
hereby levied upon real and personal property subject to taxation in the City
of Renton, for the purpose of raising the necessary revenues for slid City
for the year 1964, to -wit; (Total assessed Valuation $71,141,084)
Amount
Current Fund 14.9 1,060,002
Firemen's Pension Fund 1.1 mill 78,255
TOTAL 1,138,257
Excess Millage
General Obligation Bonds 1.0888 mills. $ 57,226
(NOTE: Excess levy based on valuation of $ 52, 561, 925
SECTION II: That said taxes herein provided for are levied for the purpose
of raising revenue'=sufficient to paytheprincipal and interest upon the general
bonded indebtedness of the City of Renton, the General Fund, and for carrying on
of the different departments of the municipal government of the City of Renton
for the fiscal year beginning January 1, 1964 and ending December 31, 1964; and
within the City subject to taxation
are hereby levied upon all the real and personal property/es.shown by the assess-
ment in the County of King as finally fixed by law.
SECTION III: . That the taxes collected from the levies hereby fixed and made,
together with the estimated revenues from sources other than taxation ,which -con-
stitute the appropriations of the City of Renton for the fiscal year 19.64,
are hereby appropriated as itemized and classified in the Annual Budget for the
fiscal year 1964 as adopted by Ordinance No.. 2054
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ORIGINAL i
SECTION IVt_ A certified copy of this Ordirwnce shall be transmitted to
the King County Commissioners ,and such other governmental agencies as provided
by law.
SECTION V: This Ordinance shall be in full forno and effect from and after
its passage, approval and legal publication.
PASSED .BY THE. CITY COUNCIL this 7th day of October, 193.
Izeiml_e ids �;�z, Lity Clerk
APPROVED BY TETE MAYOR this 7th day of October, 1963.
i
�LILJL-mu=t-, Ma;'or
APPROVED AS TO PORM: -
Cz;rard M. .She2lan, City Attprne y
Date of Publication:: October 16, 1963
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