HomeMy WebLinkAbout1964-574 ORDINANCE NO.
41"
AN ORDINANCE adopting a budget for the City of Yakima, Washington, for
the year of 1965, appropriating funds for the estimated
expenditures, and fixing and levying the amount of taxes
necessary to balance the estimated revenue with the esti-
mated expenditures.
WHEREAS, on the 2Ist day of September, 1964, the Mayor and the
City Council of the City of Yakima approved by resolution the Prelimin-
ary Budget of the City for the ensuing year and filed the same with
the City Clerk, in which budget estimates were made of the amount re-
quired to meet the public expenses of the City and the expenditures
contemplated by it for the ensuing year for Salaries and Wages, for
Maintenance and Operation, for Capital or Betterment and for Interest
III and Debt Redemption, 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 per-
sonal property situated within the corporate limits of the City of
Yakima, Washington, and
WHEREAS, it appears from the budget that the sum of 55,052,018.00
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
• $4,150,723.00, and
WHEREAS, the sum of $1,019,687.00 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 the City, now, there-
D fore,
BE IT ORDAINED BY THE CITY OF YAKIMA:
Section 1. The Budget of the City of Yakima, Washington, for the
year of 1965, as approved on the 8th day of October, 1964, 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 $5,052,018.00.
Section 2. From estimated revenues, including available surplus,
revenues from taxation and revenues from all other sources, the fol-
lowing amounts are hereby appropriated for expenditures in each of the
following classifications during the budget year 1965:
Salaries and Wages $2,209,055.00
Maintenance and Operation 1,918,757.00
Capital or Betterment • 629,848.00
Interest and Debt Redemption 294,358.00
$5,052,018.00
Such total of expenditures includes $36,700 for Street Construction and
$402,586 for Street Maintenance and Operation.
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 $1,019,687.00 which amount, when added to
the estimated available revenues from all other sources and surplus,
will more than balance the estimated revenues with the estimated expen-
ditures.
Section 4. There is hereby levied upon all of the taxable proper-
)
ty, both real and personal, within the City of Yakima, Washington, a
total tax of, Nineteen and One Hundred-Twenty Four Thousandths (19.124)
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mills on each and every dollar of assessed valuation of such property
lip to provide tax revenues for the following purposes:
MILLS AMOUNT
Current Expense 6.48650 $345,859.00
Street Department 3.55888 189,759.00
Metropolitan Park Fund 2.00000 106,639.00
Regional Library Fund 1.95462 104,220.00
Firemen's Relief & Pension Fund 2.00000 106,639.00
16.00000 $853,116.00
1962 General Obligation Street Im-
provement Bond Redemption Fund 2.44100 130,153.00
Yakima DitcG Protection Bond
Redemption Fund .13300 7,092.00
1957 General Obligation Library
Bond Redemption Fund .55000 29,326.00
TOTALS 19.12400 $1,019,687.00
Section 5. The City Clerk is directed to transmit a certified
copy of the Budget hereby adopted to the office of the County Commis-
., sioners 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 and 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 8th day of
October, 1964.
Mayor
ATTEST: lip City Clerk
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