HomeMy WebLinkAbout1988-3128 AD VALOREM TAXES ORDINANCE NO. 3128
AN ORDINANCE fixing and levying the amount of ad valorem taxes nec-
essary to balance estimated revenue with estimated ex-
penditures for the 1989 Budget for the City of Yakima.
WHEREAS, the City Council finds that the total net amount of
111 $5,869,673 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 1989 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 $5,869,673 for the following purposes:
General Government Levy
Operating Funds $4,341,234
Firemans' Relief & Pension Fund 438,766
Amount of tax levy for General
Government Purposes $4,780,000
Special Purpose Bond Levy
1972 Various Purpose Bonds 252,835
1986 Street Bonds 569,638
1988 Park Bonds 267,200
Amount of tax levy for General
Obligation Bond Interest & Redemption 1,089,673
Total Levy Amount $5,869,673
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 he 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 27th day
of September , 1988.
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Acting City Crk
Publication Date 9/30/88
Effective Date 10/1/88
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