HomeMy WebLinkAbout1994 OrdinanceORDINANCE NO. 1994
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
1979, levying the annual ad valorem taxes of the city
of Pasco for the fiscal year 1979, and apportioning the
same to certain funds for certain purposes.
THE CITY COUNCIL OF THE CITY OF PASCO DOES ORDAIN AS FOLLOWS:
Section 1. That the annual amount of ad valorem tax levies
of the city of Pasco for the fiscal year 1979 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:
In all Assessment Districts for
Payment to:
General, Government
1968 General Obligation Bond Fund
1969 General Obligation Bond Fund
1977 General Obligation Bond Fund
Sub Total Levy
In the Library Assessment District
Amount
$724,713
$ 6,800
$ 6,700
$ 60,000
$798,213
for Payment to:
1961 General Obligation Bond Fund $
In the Library and Street Assessment
Districts for Payment to:
1965 General Obligation Bond Fund $
In the Library, Street and Bridge
Assessment Districts for Payment to:
1971 General Obligation Bond Fund $
In all Assessment Districts for
Payment to:
Local Improvement Guaranty Fund $
29,300
59,000
69,000
39,000
Amount Per
$1,000 of
Assessed Valuation
3.2685
.0307
.0302
.2706
3.6000
.1827
.3125
.3548
.1785
The Sub Total Levy amount above includes $49,888 from the levy of
twenty-two and one-half cents ($0.225) per thousand dollars of taxable
property as provided for in R.C.W. 41.16.160 and $674,825 from the levy
of three dollars and thirty-seven and one-half cents ($3.375) per
thousand dollars of taxable property as provided for in R.C.W. 84.52.043.
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 and to
guarantee outstanding local improvement bonds and warrants for the
fiscal year beginning January 1, 1979, and ending December 31, 1979.
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 personaly property as certified by the
county assessor, which,certified is to be 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 1979 will be appropriated as itemized and
classified in the annual budget for the fiscal year 1979.
PASSED by the City Council of the City of Pasco this 2 day
of October 1978.
Chet Bailie, Mayor
A
ls, Deputy City Clerk
D AS TO
Pa`frick T. Roach, Acting City Attorney