Loading...
HomeMy WebLinkAbout1454 Ordinance3 ORDINANCE NO. 1454 AN ORDINANCE AMENDING SECTION 1 OF ORDIN- ANCE NO. 1443, BEING AN ORDINANCE FIXING THE AMOUNT OF AD VALOREM TAX LEVIES NECES- SARY TO RAISE THE ADDITIONAL AMOUNTS NEEDED BETWEEN ESTIMATED REVENUES FROM SOURCES OTHER THAN AD VALOREM TAXES FOR CERTAIN FUNDS AND ESTIMATED EXPENDITURES, AND FOR THE PAY- MENT OF PRINCIPAL AND INTEREST UPON THE GENERAL BONDED INDEBTEDNESS OF THE CITY OF PASCO FOR THE FISCAL YEAR 1971; AND TO LEVY THE ANNUAL AD VALOREM TAXES OF THE CITY OF PASCO FOR THE FISCAL YEAR 1971 AND APPORTIONING THE SAME TO CERTAIN FUNDS FOR CERTAIN PURPOSES. WHEREAS, the finally approved 1971 Budget as adopted by the City Council on December 22, 1970 made certain modifications from the Prelimin- ary Budget on which Ordinance No. 1443 was based, and WHEREAS, it is now necessary to modify the tax levy to be in accord- ance with the finally adopted budget; NOW, THEREFORE THE CITY COUNCIL OF THE CITY OF PASCO DO ORDAIN AS FOLLOWS: Section 1 . Section 1 of Ordinance No. 1443 is hereby amended to read as follows: "Section 1. That the annual amount of ad valorem tax levies of the City of Pasco for the fiscal year 1971 necessary to raise the additional amounts needed between estimated revenues from sources other than ad valorem taxes and expenditures, be and the same are hereby levied upon real and personal property subject to taxation in said City and all assessment districts thereof and upon each dollar :of taxable value as follows, to -wit: In all Assessment Districts for payment to: General Fund City Street Fund Park & Recreation Fund Library Fund Golf Course Fund 1963 General Obligation Bond Fund 1968 General Obligation Bond Fund 1969 General Obligation Bond Fund Sub -Total Levy: .1965 General Obligation Bond Fund Amount-erttttA 0 $101,900 51,000 139,000 _77,000 12,100 2,500 10,200 3.800 $397,500 55,000 In the Library Assessment District for payment to: 1961 General Obligation Bond Fund 26,600 TOTAL LEVY: $479 ,1;0.0 Mills: 2.05 1.03 2.80 1.55 0.24 0.05 0.20 0.08 8.00 1.11 0.57 9.68" Ordinance No. Page 2. Section 2. This ordinance shall be in full force and effect after its passage and publication as required by law. PASSED and APPROVED this _ day of January, 1971 . G. E. Carter, Mayor Attest: 0 c Harry D . - inter, City Clak Approved as to form: r D'. Wayne C mpbell, City �ttorney Publication date: I