HomeMy WebLinkAbout1996-071 1997 Budget and Valorem Taxes ORDINANCE NO. 96 -71
AN ORDINANCE fixing and levying the amount of ad valorem taxes necessary to balance
estimated revenue with estimated expenditures for the 1997 Budget for the
City of Yakima.
WHEREAS, the City Council finds that the total net amount of $9,488,000 in revenue
must be raised by ad valorem taxes on real and personal property within the corporate limits of the
City of Yakima to balance estimated revenues and expenditures for the 1997 Budget for the City of
Yakima, now therefore,
BE IT ORDAINED BY THE CITY OF YAKIMA:
Section 1 There is hereby fixed to be raised by general property taxes upon real and
personal property within the City of Yakima the amount of $9,488,000 for the following purposes
General Government Levy
Operating Funds $7,413,660
Firemans' Relief & Pension Fund 974,340
Amount of tax levy for General
Government Purposes $8,388,000
Special Purpose Bond Levy
1995 Street, Parks & Fire Bonds 1,100,000
Amount of tax levy for General
Obligation Bond Interest & Redemption
Total Levy Amount $9,488,000
Section 2. The Clerk is directed to transmit a certified copy of this ordinance to the office
of the County Commissioners of Yakima County, Washington.
Section 3. 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 5th day of November,
1996
Lynn Buchanan, Mayor
ATTEST:
City Clerk
Publication Date 11/8/96
Effective Date 11/9/96
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ORDRES /G