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HomeMy WebLinkAboutORD 1441r ` M ORDINANCE NO. 1141. 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 1953 LESS THE TOTAL ESTIMATED REVENUES FROM SOURCES OTHER THAN TAXATION, INCLUDING AVAILABLE SURPLUS. BE IT ORDAINED BY THE CITY COUNCIL OF THE CITY OF RENTON, WASHINGTON, AS FOLLOWS: SECTION 1: The total amount of estimated expenses required for the City of Renton for the year 1953 is the sum of $887,632.14; 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 $698,075.01; the amount necessary to be raised by taxation is the sum of $189,557.13• 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 1953 the following amounts, to wit: Assessed Valuation - $12,6379142.00. For Current Expense Fund . . . . . 7.75 mills - $97,937.85 For Library Fund . . . . . . . . . 1.00 n - 12,637.14 For Park & Athletic Fund . . . . . 2.00 n - 250274.28 For City Street -;Fund. . . 3.00 It - 37,911.43 For Civilian De�'ense Fund .25 - 3,159.29 For Firements.Pension Fund. 1.00 - 12,637.14 TOTAL . . . 15.00 n $189,557.13 SECTION 3: A certified copy of this Ordinance shall be transmitted to King County Commissioners as provided by law. SECTION 4: This Ordinance shall be in full force and effect five �5}-days from and after its passage, approval and publication. PASSED by the City Council this 10th day of October, 1952. t Wiley Cro - City Clerk K - APPROVED by the Mayor this 10th day of October, 1952• Date of publication: October 16, 1952.