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HomeMy WebLinkAboutCity Council - 398 • RESOLUTION NO. 398 A RESOLUTION OF THE BOARD OF TRUE- TEES OF THE CITY OF HUNTINGTON BEACH, CALIFORNIA, FIXING THE TAX RATE FOR THE SAID CITY FOR THE FISC.A.L YEAR 1923-24. WHEREAS, the assessed valuation of the taxable property of the City of Huntington Beach, California, as assessed by the City Assessor and fixed by the Board of Equalization of, said City for the fiscal year 1923-24 is 9 ,077,415.00. and WHEREAS, the Board of Trustees of said City of Huntington Beach find that the amount of money necessary to be raised by taxation on property in said City as a revenue for the various departments of said City for the current year and to pay the bonded and other indebtedness of said City is as follows, to-wit: 1. General Fund $36p3O9.60 2. Salary Fund 22,693.54 3. Street Fund 22,693.54 4. Music & Promotion Fund 13,616.12 5. Library Fund 9,077.42 6. Wharf Bonds, Interest & Redemption 2,496.30 7. Sewer Bonds, " 907.74 8. City Hall Bonds, " 41992.58 i 9. Public Fall Bonds, Interest & Redemption 214.96.30 10. Fire Apparatus Bonds, " 1,588.55 11, Municipal Bonds, 28,366.95 1923 TOTAL 9145,238.64 7HEREAS, a Tax Rate of One hundred Sixty cents upon each One hundred dollars of the assessed value of the property in the said City as assessed by the City Assessor and equalized by the Board of Trustees, sitting as a Board of Equalization, is sufficient to raise the amount of money so to be necessary. THEREFORE, be it and it is hereby resolved by the Board of Trustees of the City of Huntington Beach that the rate of Taxation for the said City of Huntington Beach for the current year 1�23-24 be fixed at One hundred Sixty cents upon each One hundred dollars of said assessed va luation of property in said City, the said rate to be segregated as follows, to-wit: 1. General Fund .40 cents 2. Salary Fund .25 3. Street Fund .25 " 4. Music & Promotion Fund .15 5. Library Fund .10 " 6. Wharf Bonds, Interest & Redemption .0275 ?. Sewer Bonds, " .01 " B. City Hall Bonds, " .05-5 " • 9. Public Mall Bonds, Interest & Redemption .0275 cents 10. Fire Apparatus Bonds, " .01?5 11. Municipal Bonds, it .3125 1923 TOTAL 1.6000 cents Passed and adopted this 4th day of September, 1923. Richard Drew President of the Board of Trustees of the City of Huntington Beach, California.. ATTEST: W. R. Wright City Clerk and ex-officio Clerk of the Board of Trustees of the City of Huntington Beach, California. State of California, ) County of Orange , )SS. City of Huntington Beach, ) I, W. R. Wright, City Clerk and ex-officio Clerk of the Board of Trustees of the City of Huntington Beach, California, do hereby certify that the foregoing resolution No. 398 was presented and read to the Board of Trustees of said City on the 4th day of September 1923 and was thereafter on the 4th day of September 1923, passed and adopted by the following vote : & Drew AYES, TRUSTEM Onson, Macklin, Oba.rr NOES, TRUSTEES: None ABSENT, TRU.STET'S: Andrews W. R. Wright City Clerk and ex-officio Clerk of the Board of Trustees of the City of Huntington Beach, Calif. -3-