HomeMy WebLinkAbout1891 OrdinanceORDINANCE NO. 1 X91
AN ORDINANCE FIXING THE AMOUNT OF THE AD VALOREM TAX LEVIES,
THE PAYMENT OF PRINCIPAL AND INTEREST UPON THE GENERAL BONDED
INDEBTEDNESS OF THE CITY OF PASCO FOR THE FISCAL YEAR 1978,
LEVYING THE ANNUAL AD VALOREM TAXES OF THE CITY OF PASCO FOR
THE FISCAL YEAR 1978, AND APPORTIONING THE SANTE 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 1978 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:
Amount Per
$1,000 of
Amount Assessed Valuation
In all Assessment Districts for
Payment to:
General_, Government
$543,694
2.9692
1968 General Obligation'Bond Fund
6,800
.0372
1969 General Obligation Bond Fund
5,700
.0311
1977 General Obligation Bond Fund
57,000
.3113
Sub -Total Levy
$613,194
3.3488
In the Library Assessment District
for Payment to:
1961 General Obligation Bond Fund
$ 26,200
.1921
In the Library and Street Assessment
Districts for Payment to:
1965 General Obligation Bond Fund
$ 57,000
.3605
In the Library, Street and Bridge
Assessment Districts for Payment to:
1971 Gbneral Obligation Bond Fund
$ 67,000
.4224
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 Fund, and for the operation of the
several departments of the Municipal Government of the City of Pasco
for the fiscal year beginning January 1, 1978, and ending December
31, 1978. 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 heretofore
received by the City of Pasco, all pursuant to and under and by virtue
of the ]yaws 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 1978 will be appropriated as itemized and
classified in the annual budget for the fiscal year 1978. .
day of
PASSED by the City Council of the City of Pasco this 3
October 1977.
7
Jlft Ti.drick, Mayor
AT
Er yn—Ige- , Deputy City Clerk
APPROVED AS TO FORD .•
Michael E. Cooper, ty Attorney