HomeMy WebLinkAboutCity Council - 1254 RESOLUTION NO. 1254
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
1955-1956.
• 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 1955 - 1956 is $43 ,898,060.00
WHEREAS, the City Council of the City of Huntington
Beach finds that the amount of money necessary to be raised
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.*
1. General Fund $315 , 525-00
2. Music and Promotion 63 ,042.00
3. Library 38,674-00
4. Special Recreation Fund 23 ,712.00
5. Capital Outlay Reserve Fund 432734-00
6. Water Bond Sale-1955-
Interest and Redemption 57.746.00
$542,433-00
WHEREAS, the City Council by Resolution No. 1224 set
the tax rate for the fiscal year 1954-1955 at one hundred
thiiteen cents ($1.13 ) per one hundred dollars ($100.00) of
assessed value , which rate applies to the unsecured roll
for the fiscal year 1955-1956, and
( 1)
Reso.#
12 54
WHEREAS, assessed value of the unsecured roll for the
fiscal year 1955 - 1956 as equalized by the Board of Equal-
ization of the County of Orange amounts to a total of
$1 ,870,100.00, and
WHEREAS, the balance necessary to be raised by tax-
ation from the secured roll for the fiscal year 1955 - 1956
is $542,433.00, and
WHEREAS, a tax rate of one hundred twenty-nine cents
($1. 29) upon each one hundred dollars 4100.00) 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 suf-
ficient to raise the said amount of money.
NOW 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 1955 - 1956
(secured roll for 1955 - 1956 and unsecured roll for 1956 -
1957) be fixed at one hundred twenty-nine cents ( 1.29) upon
each one hundred dollars ($100.00) assessed value in said
City. The said rate shall be segregated as follows:
1. General 75.010
2. Music and Promotion 15.000
3 . Library 9.202
4. Special Recreation Fund 5.642
5. Capital Outlay Reserve Fund 10.406
6. Water Bond Sale-1955-Interest
& Redemption 13.740
• 129.000 cents
( 2)
Re so. #1254 _
PASSED AND ADOPTED by the City Council of the City
of Huntington Beach, California, at a regular meeting there-
of held on the 15th day of August 1955.
To -.
/ ayor
ATTEST:
City Clerk
(3)
Reso. #1254
STATE OF CALIFORNIA
County of Orange ss:
City of Huntington Beach )
I , JOHN L. HENRICKSEN, the duly elected, qualified
and acting City Clerk of the City of Huntington Beach , and
ex-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 lath day
of August —) 1955, by the following roll call vote:
AYES: Councilmen:
Bartlett , LeBard, Lockett , Terry, Seabridge
NOES: Councilmen:
None
ABSENT: Councilmen:
None
Ci Clerk and ex-officio Clerk
of the City Council of the City
of Huntington Beach , California