Loading...
HomeMy WebLinkAboutORD 2115ORIGINALr ORDINANCE W. 2115 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 1965, 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 1965; TO LEVY THE ANNUAL TAXES OF THE CITY OF RENTON FOR THE YEAR 1965 AND APPROPRIATING SAME TO CERTAIN FUNDS FOR CERTAIN PURPOSES. BE IT ORDAINED BY THE MAYOR AND THE CITY COUNCIL OF THE CITY OF RENTON, WASHINGTON, AS FOLLOWS: SECTION I: The total amount of estimated expenditures required f or the !City of Renton for the year 1965 is the sum of $ 4,491, 343 The total estimated revenues from sources other than taxation, including available surplus is the sum of $ 3,257,699 therefore the amount necessary to be raised by taxation is the sum of $ 1,233,644 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 said City for the year 1965, to -wit: (Total assessed Valuation $76,024,223.00) Amount Current Fund 14.9 mills 1,132,761 Firemen's Pension Fund 1.1 mill 83;6 27 TOTAL 1,216,388 Excess Millage 00.21) General Obligation Bonds . 3021 mills $ 17,256 (NOTE: Excess levy based on valuation of $57,129,394.00) SECTION II: That said taxes herein provided for are levied for the purpose of raising revenue sufficient to pay the principal 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, 1965 and ending December 31, 1965; and are hereby levied upon all the real and personal property within the City subject to taxation as shown by the assessment in the County of King as finally fixed by law. SECTION III: That the taxes collected from the levies hereby fixed and m--!kde, together with the estimated revenues from sources other than taxation which con- stitute the appropriations ofthe City of Renton for the fiscal year 1965, are hereby appropriated as itemized and classified in the Annual Budget for the fiscal year 1965 As adopted by Ordinance No. 114 -1- SECTION IF: A certified copy of this Ordinance 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 force and effect from and after its passage, approval and legal publication. PASSED BY THE CITY COUNCIL this 5th day of October, 1964. Helmie Nelson, City Clerk APPROVED BY THE MAYOR this 5th day of 0 ober, 1964: Donald W. Custer, Mayor APPROVED AS TO FORM: Ger rd M. Shellan, City Attorney Date of Publication: Oct. 14, 1964 -2-