Loading...
HomeMy WebLinkAboutCity Council - 4125 RESOLUTION NO. 4125 A RESOLUTION OF THE CITY COUNCIL OF THE CITY OF HUNTINGTON BEACH FIXING THE TAX RATE FOR SAID CITY FOR THE FISCAL YEAR 1975-1976 WHEREAS, the assessed valuation of the taxable property of the City of Huntington Beach, California, as assessed by the County Assessor and fixed by the Board of Equalization of the County of Orange, California, for the fiscal year 1975-1976 is $580,623,450; and The City Council of the City of Huntington Beach finds 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 is: 1 . General $ 5,806,236 2. Employee Retirement 964,299 3• 1955 Water Bond I & R 32,979 4. Library 870,935 5. Recreation and Parks 1 ,085,708 6. Music and Promotion 182,548 7. 1970 Park Bond I & R 463,395 Total $ 9,406, 100 and, A tax rate of One and 62/100ths Dollars ($1 .62) upon each One Hundred and no/100ths Dollars ($100.00) of assessed value of property in said city, as assessed by the County Assessor and equalized by the Board of Supervisors, sitting as the 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 that the rate of taxation for said city for the fiscal year 1975-1976 be fixed at One and 62/100ths Dollars ($1 .62) upon each One Hundred and no/100ths Dollars ($100.00) of assessed property value in said city. The said rate shall be applied as follows: 1 . General Fund $ 1 .00000 2. Employee Retirement . 16608 3• 1955 Water Bond I & R .00568 4. Library . 15000 5. Recreation and Parks . 18699 6. Music and Promotion .03144 7. 1970 Park Bond I & R .07981 Total $ 1 .62000 PASSED AND ADOPTED by the City Council of the City of Huntington Beach at an adjourned regular meeting thereof held on the 25th day of August, 1975. Mayor PRO TEM ATTEST: City Clerk APPROVED AS TO FORM: Don P. Bonfa, City Attorney APPRO`'r-D AS TO 13 _ - --- Res. No. 4125 STATE OF CALIFORNIA ) COUNTY OF ORANGE ) ss: CITY OF HUNTINGTON BEACH ) I, ALICIA M. WENTWORTH, the duly elected, qualified 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 more than a majority of all the members of saidCity ,Council at a regular adjourned meeting thereof held on the 25th day of August 19 75 by the following vote: AYES: Councilmen: Aartlei-t, CihhG, C_oPn,, Matney,� Di�kA, Wiaapr NOES: Councilmen: None ABSENT: Councilmen: Shipley r City Clerk and ex-officio Clerk of the City Council of the City of Huntington Beach, California