HomeMy WebLinkAboutCity Council - 1433 RESOLUTION NO. 1433
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 1960-1961.
WHEREAS, the assessed valuation of the taxable proper-
ty 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 1960-1961 is $ 75, 903,380.00.
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
current fiscal year and to pay other indebtedness of the
City of Huntington Beach, is as follows:
1. General Fund $ 5295968.00
2. Music and Promotion Fund 269,438.00
3. Library Fund 59,760.00
4. Special Recreation Fund 48,998.00
5. Water Bonds-1955
Interest and Redemption 569350.00
6. Special Fund for Capital Outlay
Reserve 45,000.00
12009251 .00
WHEREAS, the City Council by Resolution No. 1386 set
the tax rate for the fiscal year 1959-1960 at one hundred
thirty three cents (1..33) per one hundred dollars ($100.00)
of assessed value, which rate applies to the unsecured
roll for thefiscal year 1960-1961, and
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Reso. No. 1433
WHEREAS, assessed value of the unsecured roll for the
fiscal year 1960-1961 as equalized by the Board of Equal-
ization of the County of Orange amounts to a total of
$2 ,653,980.00 and
WHEREAS, the balance necessary to be raised by taxation
from the secured roll for the fiscal year 1960-1961 is
$974,217.00, and
WHEREAS, a tax rate of one hundred thirty three cents
($1.33) 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.
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 1960-1961 (secured
roll for 1960-1961 and unsecured roll for 1961-1962) be
fixed at one hundred thirty three cents ($1.33) upon each one
hundred dollars ($100.00) of assessed value in said City.
The said rate shall be segregated as follows:
1. General Fund 69. 72
2. Music and Promotion Fund 35.60
3. Library Fund 7. 87
4. Special Recreation Fund 6.45
5. Water Bonds-1955
Interest and Redemption 7.42
6. Special Fund for Capital Outlay Reserve 5.94
133.00
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Reso. No. 1433
PASSED AND ADOPTED by the City Council of the City of
Huntington Beach, California, at a regular meeting thereof
held on the 15th day of August, 1959.
Ernest H. Gisler
Mayor
I
ATTEST:
Paul C. nes
City Clerk
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Reso. No. 1433
STATE OF CALIFORNIA )
County of Orange ) ss:
City of Huntington Beach )
I, PAUL C. JONES, 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 g of Huntington Beach is five; that the foregoing i reso-
lution �
lution 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 15th day of
Au ust, 1960, by the following roll call vote:
AYES: Councilmen:
Wells, Lambert, Stewart, Gisler
NOES: Councilmen:
NONE
ABSENT: Councilmen:
Waite
Paul C. Jo s
City Clerk an ex-o ficio Clerk
of the City Council of the City
of Huntington Beach, California
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