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HomeMy WebLinkAbout1985-2905 AD VALOREM TAXES ORDINWE NO. 2905 AN ORDINANCE fixing and levying the amount of ad valorem taxes nec- essary to balance estimated revenue with estimated ex- penditures for the 1986 Budget for the City of Yakima. WHEREAS, the City Council finds that the total net amount of • $5,033,537 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 1986 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 $5,033,537 for the following purposes: General Government Levy Operating Funds $4,282,118 Firemans' Relief & Pension Fund 504,496 Amount of tax levy for General. Government Purposes $4,786,614 Special Purpose Bond Levy 1967 Airport Bonds 12,617 1973 Various Purpose Bonds 234,306 Amount of tax levy for General Obligation Bond Interest & Redemption 246,923 Total Levy Amount $5,033,537 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 fran and after its passage, approval and publication by title as provided by the City Charter. PASSED BY THE CITY COUNCIL, signed and approved this 24th day of September 1985. • Mayor ATTEST: 75AA City Clerk Publication Date Sept, 27, 1985 Effective Date Sept. 28, 1985 ORDRES/G 1 9/17/85