HomeMy WebLinkAboutORD 1463ORDINANCE NO. 1463
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 1954'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, WASHINGTON, AS FOLLOWS:
SECTION 1: The total amount of estimated expense's required for
the City of Renton for the year 1954 is the sum of $960,179.00 plus the sum
of $6,500,000.00 for the acquisition of a Power and Light System to be met
by bond issues; the total estimated revenues from sources other than taxation,
including available surplus, is the sum of $765,460.00; the amount necessary
to be raised by taxation is the sum of $194,719.00.
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 1954 the following amounts, to -wit:
Assessed Valuation - $12,9817300.00.
For
Current Expense,Fund . .
. . .6.25 mills
- $ 8li133.00
For
Library Fund . . . . . .
. . .1.00 If
- 129981.00
For
Park & Athletic Fund . .
. . .2.25 "
- 29,208.00
For
City Street Fund . . . .
. . .4.50 "
- 58,416.00
For
Firemen's Pension Fund .
. . .1.00 It
- 12a 981.00
TOTAL. . . 15.00 ti - $1941719.00
SECTION 3: A certified copy of this Ordinance shall be transmitted
to King County_Commissioners as provided by law.
SECTION : This Ordinance shall be in full force and effect from
and after its passage, approval and publication.
PASSED by the City Council this 6th day of October, 1953,
'WILEY CRO0 -CITY CLERK
APPROVED by the Mayor this 6th day of October, 1953
i� -
JO R. BAXTER - MAYOR
AP VED AS O FO :
erard M. She llan, Asst. City Attorney
Date of Publication: October 8, 1953