HomeMy WebLinkAbout1965-720 ORDINANCE NO. 72o
• AN ORDINANCE adopting a budget for the City of Yakima, Washington, for
the year of 1966, 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 13th day of September, 1965, 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
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 55,624,824.00
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 $4,493,988.00,
and
WHEREAS, the sum of $1,280,006.00 i s 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, therefore,
BE IT ORDAINED BY THE CITY OF YAKIMA:
111 Section H. The.Budget of the City of Yakima, for the
year of 1966, as approved on the 7th day of October, 1965, 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 $5,624,824.00.
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 1966:
Salaries and Wages $2,430,098.00
Maintenance and Operation 1,982,243.00
Capital or Betterment 858,265.00
Interest and Debt Redemption 354,218.00
$5,624,824.00
Such total of expenditures includes $9,500.00 for Street Construction
and $511,546.00 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 $1,280,006.00 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 Twenty-Two and Seven Tenths (22.7) mills on each and every
411 dollar of assessed valuation of such property to provide tax revenues
for the following purposes:
-2-
MILLS AMOUNT
!II Current Expense
5.05498 $285,040.00
Street Department
4.98567
281,132.00
Metropolitan Park Fund 2.00000 112,776.00
Regional Library Fund 1.95935 110,484.00
• Firemen's Relief & Pension Fund 2.00000 112776 00
16.00000 $902,208.00
Fire Capital 3.54686 200,000.00
1962 General Obligation Street im-
provement Bond Redemption Fund 2.58407 145,710.00
Yakima Ditch Protection Bond
Redemption Fund .12489 7,042.00
1957 General Obligation Library
Bond Redemption Fund .44418 25,046.00
TOTALS 22.70000 $1,280,006.00
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.
111 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 7th day of
October, 1965.
Mayor
ATTEST: 101r
City Clerk
-2-