HomeMy WebLinkAboutO-0805 - Tax levy (Special)ORDINANCE NO.I?~
AN ORDINANCE LEVYING TAXES UPON ALL PROPERTY,
REAL,PERSONAL AND UTILITY,SUBJECT TO TAXATION
WITHIN THE CORPORATE LIMITS OF THE CITY OF MARYS-
VILLE,WASHINGTON,FOR THE YEAR 1974,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
AND/OR MAINTENANCE FUND.
THE CITY COUNCIL OF THE CITY OF MARYSVILLE DO ORDAIN AS FOLLOWS
SECTION 1.That for the year 1974 there 1S hereby levied upon all
property,real,personal and ut111ty,subJect to taxat10n w1thin
the corporate 11m1ts of the C1ty of Marysv111e,Wash1ngton,an
over-all levy produclng a total dollar amount of $154,758.00 on
an assessed va1uat10n of $20,634,412.00,Wh1Ch assessment 1S an
est1mate because the State of Wash1ngton has not cert1fied the
assessed value of the ut111t1es,and 1n any event,the total
dollar amount w111 not exceed 7.5 mills 1ev1ed hereunder.
SECTION 2.That the levy hereby authorlzed shall be allocated
among the fo11ow1ng SlX (6)funds on a m111age baS1S to be
determ1ned at the tl~e the bUdget is adopted:
The Current Expense Fund;
The C1ty Street Fund;
The Cumulat1ve Reserve Street Constructlon and
Equipment Fund;
The Cumulatlve Reserve Flre Equlpment Fund;
The Sno-Is1e Regl0nal Llbrary,Marysville Branch,
Fund;
The Cumu1atlve Reserve Bui1d1ng and/or Malntenance
Fund.
SECTION 3.That the cash balance at the beglnning of the budget
year was $40,000.00 and that the estlmated cash balance at the
end of the year WJll be $40,000.00.
SECTION 4.That this ordlnance shall take effect and be in force
from and after its passage,approval,and flve days followlng lts
pub11catlon as requlred by law.
THE CITY OF MARYSVILLE
By ~c ~J
i Mayor
of the C1 ty of Marysville thlS -?f'
1973.
PASSED by th~Council
day of ,
2
ATTEST:
)/A~Y~
Clty e~OFORM'
lty orney