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HomeMy WebLinkAbout1986-2985 AD VALOREM TAXES , . . ORDINANCE NO. 2985 AN ORDINANCE fixing and levying the amount of ad valorem taxes nec- essary to balance estimated revenue with estimated ex- penditures for the 1987 Budget for the City of Yakima. • WHEREAS, the City Council finds that the total net amount of $5,620,493 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 1987 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 $5,620,493 for the following purposes: General Government Levy Operating Funds • $4,514,000 Firemans' Relief & Pension Fund 346,000 Amount of tax levy for General Government Purposes $4,860,000 Special Purpose Bond Levy 1973 Various Purpose Bonds 230,933 1986 Street Bonds 529,560 Amount of tax levy for General Obligation Bond Interest & Redemption 760,493 Total Levy Amount $5,620,493 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. III AI& PASSED BY THE CITY COUNCIL, signed and approved this 23rd day of September , 1986. / A ! . :.• L.L k_ Mayor illi , A'rrEST: -: ,', * / City Clerk Y Publication Date 9/26/86 Effective Date g/27/86 i , ORDRES/G. , ' 1 9/18/86