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HomeMy WebLinkAboutCity Council - 4512 RESOLUTION NO. 4512 A RESOLUTION OF THE CITY COUNCIL OF THE CITY OF HUNTINGTON BEACH FIXING THE FISCAL YEAR 1977- 1978 TAX RATE FOR SAID CITY WHEREAS, the assessed valuation of the taxable property of the City of Huntington Beach, California, as assessed by the Orange County Assessor and fixed by the Board of Equaliza- tion of the County of Orange, California, for Fiscal Year 1977- 1978 is $854,321,745 and The City Council of the City of Huntington Beach finds that the amount of money 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 $ 8,211,484 2 . Employee Retirement 11418,858 3 . 1955 Water Bond I & R 37,419 4 . Library 1,194,000 5 . Recreation and Parks 1,667,551 6 . Music and Promotion 245,703 7 . 1970 Park Bond I & R 466,972 TOTAL $13, 241, 987 and A tax rate of One and 55/100ths Dollars ($1. 55) upon each One Hundred Dollars ($100) 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, WSA: cs 1 ' l NOW, THEREFORE, BE IT RESOLVED by the City Council of the City of Huntington Beach that the rate of taxation for said city for Fiscal Year 1977-1978 be fixed at One and 55/100ths Dollars ($1. 55) upon each One Hundred Dollars ($100) of assessed property value in said city . The said rate shall be applied as follows: 1. General Fund $ . 96117 2. Employee Retirement .16608 3 . 1955 Water Bond I & R . 00438 4 . Library .13976 5. Recreation and Parks . 19519 6 . Music and Promotion . 02876 7 . 1970 Park Bond I & R . 05466 TOTAL $ 1. 55000 PASSED AND ADOPTED by the City Council of the City of adjourned Huntington Beach at an/regular meeting thereof held on the 29th day of August, 1977 . ATTEST: ay City Clerk INITIATED AND APPROVED APPROVED AS TO FORM: AS TO CONTENT: I Cit Administrator y Attorne 2 . Res. No. 4512 STATE OF CALIFORNIA ) COUNTY OF ORANGE ) ss: CITY OF HUNTINGTON BEACH ) I ALICIA M. WENTWO T the d elected d R H, duly 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 said City Council at a regular meeting thereof held on the 29th day Of August 19 77 , by the following voter AYES: Councilmen: Bartlett Wieder. Coen Gibbs Pattinson NOES: Councilmen: Siebert, Shenkman ABSENT: Councilmen: None City Clerk and ex-officio Clerk of the City Council of the City of Huntington Beach, California II