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HomeMy WebLinkAbout1961-290 • ORDINANCE NO 77 411 AN ORDINANCE adopting a budget for the City of Yakima, Washington, for the year of 1962 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 6th day of September, 1961, the Mayor and the City Manager of the City of Yakima, Washington, approved 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 for Transfers and for Interest and Debt Redemption, and the estimated receipts of the • City for the ensuing year from sources otherthan 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 $30630464.00 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 33,296,.660.00, and WHEREAS, the sum of $711,059.00 is not in excess of the amount authorized bylaw to be raised by taxation upon the taxable real and 410 personal property within the corporate limits of said City, now, there- . fore, -1- BE IT ORDAINED BY THE CITY OF YAKIMA: Section 1. The budget of the City of Yakima, Washington, for the year of 194., as approved on the 4th day of October, 1961, 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 iT,3,963,464.00. 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 1962: Salaries and Wages $1,970,728.00 Maintenance and Operation 1,351,066.00 Capital or Betterment 404,131.00 Interest and Debt Redemption 93 Transfers 144 100 00 • ” Section33 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 S711,059,00, 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 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 Fifteen and One Tenth (15.1) mills on each and every dollar of assessed valuation of such property to provide tax revenues for the fol- lowing purposesa MILLS AMOUNT Current Expense 6,3736 S300,130.00 • Street Department 4.6751 220,152.00 Metropolitan Park Fund 2.0000 94,180.00 Regional Library Fund 1.9513 1888300 M= Yakima Ditch Protection Bond Redemption Fund .1000 4 709 00 TOTAL 15,1000 3711,059.00 III 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 4th day of October, 1961. • 1 t . op 4a.yor III ATTEST / / 7 ,i00' , 1 y erk 110 -3-