HomeMy WebLinkAboutCity Council - 1509 RESOLUTION N0. 1509
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 YRAR 1961-1962.
MIE17.U, the assessed valuation of the taxable property 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 1961-1962 is $ 96,3'47,340.00.
* 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 Fend $ 910,710.00
2. Music and Promotion Fund 149,004.00
3. Library Fund 679788,00
4. Special Recreation Fund 68,996.00
5. Water Bonds-1955 Interest and Redemption 55,563,00
6. Special Fund for Capital Outlay Reserve 69,000,00
$ 1*321*051.00
WHEREAS, the City Council by Resolution No. 1433 set the tax rate
for the fiscal year 1960-1961 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 the fiscal year 1961-1962, and
V EREAS, assessed value of the unsecured roll for the fiscal year
1961-1962 as equalized by the Board of Equalization of the County of
Orange amounts to a total of $ 2,986,330.00, and
WHEREAS, the balance necessary to be raised by taxation from the
secured roll for the fiscal year 1961-1962 is $ 1,281,333.00, and
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Reso. No. 1509
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 THMEFORE, 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 1961-1962 (secured roll for 1961-1962 and un-
secured roll for 1962-1963) 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 91.68
2. Music and Promotion Fund 15.00
3. Library Fund 6.83
4. Special Recreation Fund 6.94
5. Water Bonds-1955 Interest and Redemption 5.60
6, Special Fund for Capital Outlay Reserve 6.95
133.00
PASSED AND ADOPTED by the City Council of the City of Huntington
Beach, California, at a regular meeting thereof held on the _91.s day
of Angus t 1961.
r
Mayor
ATTEST:
City Cler
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Reso. No. 1509
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, of Huntington Beach is
five; that the foregoing resolution was passed and adopted by the
affirmative vote of more than a majority of all members of said
City Council at a regular meeting thereof held on the l s.t day of
Augus t , _19619 by the following roll call vote:
AYES: Councilmen:
Wells, Lambert, Stewart, Gisler
NOES: Councilmen:
None
ABSENT: Councilmen:
Waite - -
L2Z
City Clerk and ea6Zofficio Clerk
of the City Council of the City
of Huntington Beach, California
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