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HomeMy WebLinkAboutCity Council - 2430 RESOLUTION NO 2430 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 1966-1967 . WHEREAS, the assessed valuation of the taxable pro- perty of the City of Huntington Beach, California, as assessed by the County Assessor and fixed by the County Board of Equal- ization of the County of Orange, California, for the fiscal year 1966-1967 is $220,691,540.00; 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 means of providing revenue for the operation and support of the various City Departments, offices and activities, it as follows : Fund of Purpose Amount 1 . General Fund $ 1,777 ,752 2 . Employee Retirement $ 243,184 3 . Music and Promotion Fund $ 107,035 4. Library Fund $ 197,866 5 . Special Recreation Fund $ 151,369 6. 1955 Water Bond Fund Interest & Redemption $ 48,830 7 . Special Capital outlay Fund 321,106 Total $ 2,847,142 WHEREAS., a tax rate of one dollar and thirty-three cents ($1 .33) upon ninety-seven percent (97%) of each one Res . No. 2430 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 aforesaid 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 1966-1967 be fixed at one dollar and thirty-three cents ($1.33) upon each one hundred dollars ($100.00) of assessed value in said City. The said rate shall be applied as follows : Fund Purpose Tax Levy 1, General Fund $ .83045 2. Employee Retirement $ .11360 3. Music and Promotion Fund $ .05000 4. Library Fund $ .09243 5 . Special Recreation Fund $ .07071 6 . 1955 Water Bond Fund - Interest & Redemption $ .02281 7 . Special Capital outlay Fund �15000 Total $1.33000 2 . Res . No. 243p PASSED AND ADOPTED by the City Council of the City of Huntington Beach, California, at a regular-adjourned meeting thereof held on the 22 day of August, 1966. Mayor r ATTEST: ity C er By eputy City Clerk APPROVED AS TO FORM: DALE H -� City Attorney 3 . I Res , No, 2430 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 seven; that the foregoing resolution was passed and adopted by the affirmative vote of j more than a majority of all the members of said City Council adjourned at a regular/meeting thereof held on the 22 day of August , 19 66 , by the following vote : AYES : Councilmen: Coen, Bartlett, Kaufman, Green, Stewart NOES : Councilmen: NnnP ABSENT : Councilmen: Gisler, Sbipley Paul C. Jones City Clerk and ex-officio Clerk of the City Council of the City of Huntington Beach, California By Deputy City Clerk