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HomeMy WebLinkAbout1959-034 *t ORDINANCE AN ORDINANCE adopting a budget for the City of Yakima, Washington for the year of 1960, appropriating funds for the estimated expenditures, and fixing and levying the amount of taxes necessary to balance the estimated revenue with the estimated expenditures. WHEREAS, on the 16th day of September 1959, the City Council • and Mayor of the City df Yakima, Washington, approved the prelim- inary budget of said City of Yakima, for the ensuing year and filed the same with the City Clerk, in which budget estimates were made of the amount required to meet the public expenses of said city, and the expenditures contemplated by it for the ensuing year, for Salaries and Wages, for Maintenance and Operation, for Capital Outlay, for Interest and Debt Redemption, and by Intra- fund Transfers, and the estimated receipts of the city for the ensuing year from sources other than direct taxation, and the amount required and proposed to be raised by taxation upon the real and personal property situated within the corporate limits of the City of Yakima, Washington, and • WHEREAS, it appears from the budget that the sum of $5,566,803.21 is required by the City for the payment of its Expenditures for the ensuing year, and WHEREAS, it also appears from the said estimates made that the receipts and surplus of the City for the ensuing year from sources other than direct taxation have been estimated at the sum of $2,933,499.71, and WHEREAS, the sum of Seven Hundred Ten Thousand, Nine Hundred Twenty -Six and 39/100ths Dollars ($710,926.39) is not in excess of the amount authorized by law to be raised by taxation upon the taxable real and personal property within the corporate limits of said City; now, therefore, BE IT ORDAINED BY THE CITY OF YAKIMA: Ilk Section 1. The budget of the City of Yakima, Washington for the year of 1960, as approved on the ... day of October, 1959, after due notice of hearing and after the preliminary budget had been filed with the City Clerk as required by law, is hereby adopted in the aggregate amount of $3,566,803.21. Section 2. From estimated revenues, including available surplus, revenues from taxation and revenues from all other Sources, the following amounts are hereby appropriated for expenditures in each of the following classifications during the budget year, 1960: Salaries and Wages $1,825,979.00 Maintenance and Operations 1,171,718.98 Capital Outlay 331,008.00 Intra-fund Transfers 38;510.48 Interest and Debt Redemption 199 586.75 $3,566,803.21 Section 3. There is hereby appropriated and fixed to be raised by general property taxes upon the real and personal property within the City•of Yakima the amount of $710,926.39; which amount when added to the estimated available revenues from all other sources and surplus will more than balance the esti- mated revenues with the estimated expenditures. Section 4. There is hereby levied upon all of the taxable • property, both real and personal, within the City of Yakima, Washington, a total tax of Sixteen (16) mills on each and every dollar of assessed valuation of such property to provide tax revenues for the following purposes: MILLS Current Expense 6.00000 k3266,599.10 Street Department 3.92000 174;176.97 Cemetery .04221 1,875.52 Firemen's Relief & Pension Fund 1.00000 44,432.90 Regional Library Fund 1.90000 84,422.51 Metropolitan Park Fund 1.90000 84,422.51 ($76M G.0.) Municipal Airport Bond_Fund .13505 6,000.00 $35M G.O. Airport Bond Redemption Fund .09205 4,089.00 Library Retirement .01069 474.98 15.00000 $666,493.49 City of Yakima 1957 G.O. • Library Bond Redemption Fund 1.00000 44,432.90 16.00000 $710,926.39 -2- Section 5. The City Clerk is directed to transmit a certified copy of the budget hereby adopted to the Office of the County Commissioners of Yakima County, Washington. Section 6. This ordinance is one required to be made by the laws of the State of Washington, and shall be in full • force a,nd effect from and after its passage, approval and publication by title as provided by the City Charter. PASSED BY THE CITY COUNCIL, signed. and approved this day of October, 1959. ayor ATTEST: „....00 C -rk o 7h Council • •