HomeMy WebLinkAbout1501 OrdinanceORDINANCE NO. 1501
AN ORDINANCE FIXING THE AMOUNT OF THE AD
VALOREM TAX LEVIES NECESSARY TO RAISE THE AD-
DITIONAL AMOUNTS NEEDED BETWEEN ESTIMATED
REVENUES FROM SOURCES OTHER THAN AD VALOREM
TAXES FOR CERTAIN FUNDS AND THE ESTIMATED EX-
PENDITURES FOR SAID FUNDS; FOR THE PAYMENT
OF PRINCIPAL AND INTEREST UPON THE GENERAL
BONDED INDEBTEDNESS OF THE CITY OF PASCO FOR
THE FISCAL YEAR 1972; AND TO LEVY THE ANNUAL
AD VALOREM TAXES OF THE CITY OF PASCO FOR THE
FISCAL YEAR 1972 AND APPORTION THE SAME TO
CERTAIN FUNDS FOR CERTAIN PURPOSES.
THE CITY COUNCIL OF THE CITY OF PASCO DO ORDAIN AS FOLLOWS:
Section 1 . That the annual amount of ad valorem tax levies of the City of
Pasco for the fiscal year 1972 necessary to raise the additional amounts needed
between estimated revenues from sources other than ad valorem taxes and expendi-
tures for such said funds, be and the same are hereby levied upon real and personal
property subject to taxation in said City and all the assessment districts thereof
and upon each dollar of taxable value as follows, to -wit:
In all Assessment Districts for payment to:
Amount:
General, City Street, Park and Recreation,
Library, Golf, Firemens Pension Funds $383,900. (approx.)
1963 General Obligation Bond Fund 3 , 200.
1968 General Obligation Bond Fund 9,100.
1969 General Obligation Bond Fund 5,400.
Sub -Total Levy: $401,600. (approx.)
In the Library Assessment District for payment to:
1961 General Obligation Bond Fund
$ 26,600.
In the Library and Street Assessment District for payment to:
1965 General Obligation Bond Fund
$ 62,500.
In the Library, Street and Bridge Assessment District for payment to:
1971 General Obligation Bond Fund
TOTAL LEVY:
$ 61,000.
Mills:
7.65 (approx.)
0.06 (approx.)
0.18 (approx.)
0. 11 (approx.)
8.00
0.57 (approx.)
1.28 (approx.)
1 .25 (approx.)
$551,700. (approx.) 11.10 (approx.)
Section 2. That said taxes herein provided for are levied for the purpose of
raising revenues sufficient to pay the principal and interest upon the general bonded
indebtedness of the City of Pasco and for a portion of the General, City Street, Park
and Recreation, Library and Golf Funds and for the operation of the several departments
Ordinance No.
-2- Date:
of the Municipal Government of the City of Pasco for the fiscal year beginning
January 1, 1972 and ending December 31, 19 72 . Further, said taxes are hereby
levied upon all the real and personal property as shown by the assessments in the
County of Franklin as finally fixed by the County and the State Board of Equaliza-
tion, and as extended upon the books of the County Assessor, showing the property
within said City subject to taxation for municipal purposes, and upon the amount of
said real and personal property as certified by the County Assessor, which certificate
was heretofore received by the City of Pasco, all pursuant to and under and by virtue
of the laws of the State of Washington.
Section 3. That the taxes collected from the levies hereby fixed, together
with the estimated revenues from sources other than ad valorem taxes which
constitute the appropriations of the City of Pasco for the fiscal year 1972, will be
appropriated as itemized and classified in the Annual Budget for the fiscal year 1972.
Section 4. This ordinance shall be in full force and effect, after its passage
and publication as required by law.
PASSED and APPROVED this _..r day of October, 1971.
G. E. Carter, Mayor
Approved as to for
D-.-wa -Gampb �l-, City Attorney Pro -Tem
Mike Johnston
Publication Dates /0 ` 11 - -7(
a
October 6, 1971
Mrs. Wilma Van Buren
Franklin Co. Assessor
Franklin Co. Court House
Pasco, Wahington
Dear Mrs. Van Buren:
Attached is a signed copy of Ordinance 1501, fixing the amount
of Ad Valorem Taxes, and passed by the Pasco City Council at
their regular meeting, held October 5, 1971.
If we can be of further assistance, please do not hesitate to
call on us.
Sincerely yours,
CITY OF PASCO
Harry D. Kinzer
Director of Finance
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