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ORDINANCE NO. 1551
AN ORDINANCE FIXING THE AMOUNT OF THE ADVALOREM TAX LEVIES
NECESSARY TO RAISE THE ADDITIONAL AMOUNTS NEEDED BETWEEN
ESTIMATED REVENUES FROM SOURCES OTHER THAN ADVALOREM TAXES
FOR CERTAIN FUNDS AND THE ESTIMATED EXPENDITURES FOR SAID
FUNDS; FOR THE PAYMENT OF PRINCIPAL AND INTEREST UPON THE
GENERAL BONDED INDEBTEDNESS OF THE CITY OF PASCO FOR THE
FISCAL YEAR 1973; AND TO LEVY THE ANNUAL AD VALOREM TAXES
OF THE CITY OF PASCO FOR THE FISCAL YEAR 1973 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 1973 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, Firemen's
Pension Funds
$386,900.(approx.)
1963 General
Obligation
Bond Fund
3,100.
1968 General
Obligation
Bond Fund
91900.
1969 General
Obligation
Bond Fund
6,500.
Sub -Total
Levy:
406,400.(approx.)
In the Library Assessment District for payment to:
1961 General Obligation Bond Fund $ 32,000.
In the Library and Street Assessment District for payment to:
MILLS
7.61 (approx.)
0.06 (approx.)
0.20 (approx.)
0.13 (approx.)
8.00
0.68 (approx.)
1965 General Obligation Bond Fund $ 58,500. 1.17 (approx.)
In the Library, Street and Bridge Assessment District for payment to:
1971 General Obligation Bond Fund $ 64,000. 1.28 (approx.)
TOTAL LEVY:
$560,900.(approx.) 11.13 (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 depart-
ments of the Municipal Government of the City of Pasco for the fiscal year beginning
January 1, 1973 and ending December 31, 1973. 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 Equalization, 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 hereto-
fore received by the City of Pasco, all pursuant to and under and by virtue of the
laws of the State of Washington.
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Ordinance No. 1551
-2-
Date:
October 3, 1972
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 1973, will
be appropriated as itemized and classified in the Annual Budget for the fiscal year
1973.
Section 4. This Ordinance shall be in full force and effect, after its
passage and publication as required by law.
PASSED and APPROVED this 3 day of October 1972
DONALD D. L TON, MAYOR
ATTEST:
6
HARRY D. KINZ , VIRE-CTOR OF FIJI( ANC
EX -OFFICIO ,CINY CLERK
APPROVED AS TO FORM:
j2&s�� 4zjc���
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D. WAYNE CAMPBELL, CITY ATTORNEY
0F�EDD 1
7.
Wilma Van Buren FROM Harry Kinzer
TO
ORDINANCE N0. 1551
-No. 9 & 10 FOLD C,a S g Q DATE 10/4/72 19
Attached is a copy of Ordinance No. 1551, passed by the City Council on
I
October 3, 1972.
SIGNECIE D—
PLY DATE _19
-ND.9 FOLD
-NO. 10 FOLD
SIGNED
Gln Lne "SNAP -A -WAY" FORM 44-902 3 -PARTS WILSON JONES C011PANY .0 1961 PRINTED M U S.A
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