HomeMy WebLinkAbout1605 OrdinanceORDINANCE NO. 1605
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 1974; AND TO LEVY THE ANNUAL ADVALOREM TAXES
OF THE CITY OF PASCO FOR THE FISCAL YEAR 1974 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 advalorem tax levies of the City of
Pasco for the fiscal year 1974 necessary to raise the additional amounts needed
between estimated revenues from sources other than advalorem 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 $412,000 (approx.)
1968 General Obligation Bond Fund 8,000
1969 General Obligation Bond Fund 10,000
Sub -Total Levy: $430,000 (approx.)
In the Library Assessment District for payment to:
1961 General Obligation Bond Fund $ 25,000
In the Library and Street Assessment District for payment to:
MILLS
7.33 (approx.)
0.14 (approx.)
0.18 (approx.)
7.65 (approx.)
0.45 (approx.)
1965 General Obligation Bond Fund $ 60,000 1.07
(approx.)
In the Library, Street and Bridge Assessment District for payment to:
1971 General Obligation Bond Fund $ 66,000 1.17 (approx.)
TOTAL LEVY:
$581,000 (approx.) 10.04 (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, 1974 and ending December 31, 1974. 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.
Ordinance No.
-2- Date:
Section 3. That the taxes collected from the levies hereby fixed, together
with the estimated revenues from sources other than advalorem taxes which
constitute the appropriations of the City of Pasco for the fiscal year 1974, will
be appropriated as itemized and classified in the Annual Budget for the fiscal year
1974.
Section 4. This Ordinance shall be in full force and effect after its
passage and publication as required by law.
PASSED and APPROVED this 2 day of October , 1973.
DONALD D. LINTON, MAYO
ATTEST:
0
HARRY -D. K;,q ER , DIRPt�TOR OF, � FINANCE AND
EX -OFFICIO C TY CLERK �/
APPROVED AS'TO FORM:
D. WAYNE CAMPBELL, CITY ATTORNEf
October 3,-1973
Mrs. Wilma Van Buren
County Assessor
1016 N. 4th
Pasco, Washington
Dear Mrs.,Van Buren:
Attached is a copy of Ordinance No. 1605, passed by the Pasco
City Council -at their regular meeting on October 2, 1973.
If*we can be of further assistance, please do not hesitate to
call on me.
Sincerely yours,
CITY OF PASCO
Harry D. Kinzer
Director of Finance
HDK:ew