HomeMy WebLinkAboutORD 1639ORDINANCE NO. + 3
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 1958 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 estirrated expenditures re-
quired for the City of Renton for the year 1958 is the sum of
$2,380,333.00. The total estimated revenues from sources other than
taxation, including available surplus, is the sum of $1,926,423.00;
the amount necessary to be raised by taxation is the sum of $453,910.00.
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 1958, the following amounts, to -wit:
(Total Assessed Valuation - 024,891,953.00)
For
Current Expense Fund . . .
7.25
mills
- $ 180,467.00
For
Park and Athletic Fund . .
3.20
mills
- 79,654.00
For
Library Fund . . . . . . .
1.55
mills
- 38,583.00
For
Cumulative Fund #1184. . .
.50
mills
- 12,445.00
For
Depreciation Reserve Fund.
1.50
mills
- 37,337.00
For
Firemen's Pension Fund .
1.00
mills
- 24,892.00
TOTAL
15.00
mills
- $ 373078.00
General Bond Redemption
and Interest:
TOTAL
3j9
3,21r mills - 80,532.00
F,
18.2f mi11s - 4,,3 910.00
::.(Note: Excess levy based on valuation of $21,122,898.00)
SECTION A certified copy of this Ordinance shall be trans-
mitted to the King County Commissioners as provided by law.
SECTION L. This Ordinance shall be in full .force and effect
from and after its passage, approval and publication.
PASSED by the City Council this 9th day of October, 1957.
Elton L. -Alexander, City Clerk
APPROVED by the Mayor this 9th day of October, 1957•
APPROVED AS TO FORM: Joe R. Baxte , Mayor
4
Gerard R. S ellan, City Attorney