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HomeMy WebLinkAboutORD 1462ORDINANCE NO. 1462 AN ORDINANCE OF THE CITY OF RENTON, WASHINGTON, ADOPTING A CITY BUDGET FOR THE YEAR 1954. BE IT ORDAINED BY THE MAYOR AND THE CITY COUNCIL OF THE CITY OF RENTON$ WASHINGTON, AS FOLLOWS: SECTION 1: That the budget for the City of Renton for the year 1954 prepared and filed with the City Clerk, as modified and approved by vote of the City Council October 5th, 1953 after due notice and hearing, be and is hereby in all respects ratified and adopted as such budget, same being by this reference incorporated herein as if fully set forth. SECTION 2: That.there be and are hereby allowed and established the following total sums for expenditures in each of the following classifications in said 1954 budget, to -wit: Salaries and wages . . . . $5491428.00 Maintenance and operation. . . . . . . . . . 269,419.00 Capital Outlay . . . . . . . . . . . . ... . . 49, 482.00 Cumulative Reserve Fund #1182. . . . . . . . . 51000.00 Cumulative Reserve Fund #1183. . . . . . . . 5,000.00 Cumulative Reserve Fund #1184. . . . . . . . . 101000.00 Interest and Bond Redemption . . . . . . . . . 71850.00 Total Expenditures (A). $960,179.00 Less Receipts from sources other than taxation $76,,460„00 Total to be raised by taxation . . . . . . . . $194,719.00 Expenditures to be made from bond issues not yet authorized (for the acquisition of a Power & Light System, including Engineering & Legal Expense) 4B)6 �00,000,�0o Total budget for Expenditures (A) and (B). $7,46o,179.00 SECTION ',: 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 from and after its passage, approval and legal publication. PASSED by the City Council this 6th day of October, 1953• D WILEY C K - CITY CLERK APPROVED by the Mayor this 6th day of October, 1953. LZ JOEr. BAXTER - MAYOR APWD AS TOZ0/ /%l�' PERARD M. SHELLAN7 ASST. CITY Ai''T=1 Date of Publication: October 8, 1953•