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HomeMy WebLinkAboutO-0779 - Tax levy (Special)ORDINANCE NO 771 AN ORDINANCE LEVYING TAXES UPON ALL PROPERTY, REAL,PERSONAL AND UTILI~Y,SUBJECT TO TAXATION WITHIN THE CORPORATE LIMITS OF THE CITY OF MARYS- VILLE,WASHINGTON,FOR THE YEAR 1973,FOR THE CURRENT EXPENSE FUND,THE CITY STREET FUND,THE CUMULATIVE RESERVE STREET CONSTRUCTION AND EQUIP- MENT FUND,THE CUMULATIVE RESERVE FIRE EQUIPMENT FUND,THE SNO-ISLE REGIONAL LIBRARY,MARYSVILLE BRANCH,FUND,AND THE CUMULATIVE RESERVE BUILDING FUND THE CITY COUNCIL OF THE CITY OF MARYSVILLE DO ORDAIN AS FOLLOWS ~Sectlon 1 That tor the year 1973 there lS hereby levled upon all property,real,personal and utll1ty,subJect to taxatlon wlthln the corporate llmlts of the Clty of Marysvllle,Washlngton,an over-all levy pr o duc a.n g a total dollar amount of '$162,088 00 on an assessed valuatl0n of $21,611,787,00,WhlCh assessment lS an estlmate because the State of Washlngton has not certlfled the assessed value of the utllltles,and ln any event,the total dollar amount wlll not exceed 7 5 mllls levled hereunder I Sectl0n 2 That the levy hereby authorlzed shall be allocated among the fo l l ow mg SlX ,(6)funds .on a ma l.Lage b as i,s to be deter- mlned at the tlme the budget 1S adopted The Current Expense Fund, The Clty Street Fund, The Cumulat1ve Reserve Street Constructl0n and Equlpment Fund, The Cumulatlve Reserve Flre Equlpment Fund, The Sno-Isle Regl0nal Llbrary,Marysvllle Branch, Fund, The Cumulatlve Reserve BU11dlng Fund I Sectl0n 3 That the cash balance at the beglnnlng of the budget year was $60,000 00 and that the estlmated cash balance at the end of the year wll1 be $40,000 00 Sectlon 4 That thlS ordlnance shall take effect and be ln force from and after ltS passage,approval,and flve days followlng 1tS publlcat10n as requ1red by law. PASSED by the Clty Councll day of ~'1972 ATTEST ~~?~:tJV!IoRM 1 Y ~ney of the Clty of Marysvllle thls ~~ THE CITY OF MARYSVILLE