HomeMy WebLinkAbout1962-380 ORDINANCE NO
411 AN ORDINANCE adopting a budget for the City of Yakima, Washington for
the year of 1963, 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 10th day of September 1962 the Mayor and the
City Council of the City of Yakima, Washington approved by resolution
the preliminary 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 or
Betterment and for Interest 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 personal property situated within the corpo-
rate limits of the City of Yakima Washington, and
WHEREAS, it appears from the budget that the sum of $4
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
$3,560,494.00, and
WHEREAS, the sum of $841 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, there.
fore
•
BE IT ORDAINED BY THE CITY OF YAKIMA:
Section 1 The budget of the City of Yakima, Washington, for the
year of 1963, as approved on the 4th day of October, 1962, 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 $4,300,658.00.
Section 20 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 19630
Salaries and Wages $2,072,071.00
Maintenance and Operation 1,575
Capital or Betterment 565,316.00
Interest and Debt Redemption 88,262600
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 $841 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 expenditures.
Section 4. There is hereby levied upon all of the taxable prop-
erty, both real and personal, within the City of Yakima, Washington.,
a total tax of Sixteen and Seven Tenths (16.7) mills on each and every
dollar of assessed valuation of such property to provide tax revenues
for the following purposes:
MILLS AMOUNT
Current Expense 5.40396 $272
Street Department 4.61857 232,645.00
Metropolitan Park Fund 2.00000 100
Regional Library Fund 1.97747 99 60
Firemen's Relief & Pension Fund 2.00000 100.744.00
• 1 l l '.;
• Yakima Ditch Protection Bond
Redemption Fund .1.0000 5,037 00
1957 General Obligation Library
Bond Redemption Fund .600000 30
TOTALS 16.70000 $841,208.00
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Section 5. The City Clerk is directed to transmit a certified
4I V 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 v and shall be in full force and effect from
and after ite passage approval and publication by title as provided
by the City Charter,
PASSED BY THE CITY COUNCIL, signed and approved this 4th day of
October o 1962,
/ ayor
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ATTEST
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