HomeMy WebLinkAboutCity Council - 1224 RESOLUTION NO. 122
A RESOLUTION OF THE CITY COUNCIL OF THE
CITY OF HUNTINGTON BEACH, CALIFORNIA,
FIXING THE TAX RATE FOR SAID CITY OF
HUNTINGTON BEACH FOR THE FISCAL YEAR
195 - 1955.
WHEREAS, the assessed valuation of the taxable prop-
erty of the City of Huntington Beach, California, as assessed
by the County Assessor and fixed by the County Board of
Equalization of the County of Orange , California, for the
fiscal year 1954 - 1955 is 43,613,170.00
WHEREAS, the City Council of the City of Huntington
Beach finds that the amount of money necessary to be raised
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by taxation on property in said City of Huntington Beach as
a revenue for various departments of said City for the cur-
rent fiscal year and to pay other indebtedness of the City
of Huntington Beach, is as follows:
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1. General Fund $203,437.99
2. Music and Promotion 65,419.76
3. Library 3$,048.13
4. Special Recreation Fund 24,999.07
5. Capital Outlay Reserve Fund 160,923.87
492,828.82
WHEREAS, the City Council by Resolution No. 1202 set
the tax rate for the fiscal year 1953-1954 at one hundred
fifteen cents ( 1.15) per one hundred dollars ( 100.00) of
assessed value , which rate applies to the unsecured roll for
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the fiscal year 1954-1955, and
(1)
Reso. 1224
WHEREAS, assessed value of the unsecured roll for the
fiscal year 1954 - 1955 as equalized by the Board of Equali-
zation of the County of Orange amounts to a total of
3, 285,180.00, and
WHEREAS, the balance necessary to be raised by tax-
ation from the secured roll for the fiscal year 1954 - 1955
is 455,049.25 , and
WHEREAS, a tax rate of one hundred thirteen cents
( 1.13) upon each one hundred dollars ( 100.00)- of assessed
value of the property in said City as assessed by the County
Assessor and equalized by the Board of Supervisors sitting as
a Board of Equalization of the County of Orange is sufficient
to raise the said amount of money.
HOW THEREFORE, be it resolved by the City Council of
the City of Huntington Beach, California, that the rate of
taxation for said City for the fiscal year 1954 - 1955 (secured
roll' for 1954 - 1955 and unsecured roll for 1955 - 1956) be
fixed at one hundred thirteen cents ( 1.13) upon each one hun-
dred dollars ( 100.00) assessed value in said City. The said
rate shall be segregated as follows:
1. General Fund 46.646
2. Music and Promotion 15.000
3. Library $.724
4. Special Recreation Fund 5.732
5. Capital Outlay Reserve Fund 36.898
113.00 cents
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(2)
' Le so. 1224
PASSED AND ADOPTED by the City Council of the City of
Huntington Beach , California, at a regular meeting thereof
held on the 16th day of August, 1954.
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ry.
Mayor
ATTEST:
City Clerk
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Reso. 1224
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STATE OF CALIFORNIA
County of Orange ) ss.
City of Huntington Beach )
is JOHN L. HENRICKSEN, the duly elected, qualified
• and acting City Clerk of the City of Huntington Beach, and
e x-officio Clerk of the City Council of said City, do hereby
certify that the whole number of members of the City Council
of the City of Huntington Beach is five; that the foregoing
resolution was passed and adopted by the affirmative vote of
more than a majority of all the members of said City Council
at a regular meeting thereof held on the 16th day of August
1954, by the following roll call vote:
® AYES: Councilmen:
Stood, Lockett, Bartlett, LeBard, Seabridge,
NOES: Councilmen:
Bone•
• ABSENT: Councilmen:
None.
City Clerk and ex-officio Clerk
• of the City Council of the City
of Huntington Beach, California