HomeMy WebLinkAbout4531
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ORDINANCE NO. 4 5 3 1
AN ORDINANCE OF THE CITY COUNCIL OF THE CITY OF AUBURN,
WASHINGTON, DETERMINING AND FIXING THE AMOUNT TO BE RAISED
BY AD VALOREM TAXES FOR FISCAL YEAR 1992 FOR THE CITY OF
AUBURN, WASHINGTON, PURSUANT TO THE PROVISIONS OF R.C.W.
35A.33.135.
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THE CITY COUNCIL OF THE CITY OF AUBURN, WASHING'I'ON, DO
ORDAIN AS FOLLOWS:
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Section 1. That pursuant to the provisions of Chapter
35A.33.135, the Auburn City Council and Auburn Finance
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Director have considered the financial requirements for the
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ensuing fiscal year of 1992 and the Auburn city Council
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herewith determines and fixes the amount to be raised by ad
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valoreum taxes for said fiscal year in the following
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amounts:
Fund No.
Regular
Levv
Excess
Levy
Fund
001
General Fund
$5,610,000
221
1986 GO Street & Parks
$1,000,000
219
1983 Fire Sta GO Bond Issue
150,000
621
LID Guarantee
$
75.000
TOTAL AD VALOREUM TAXES
$5,610,000
:$1,225,000
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Ordinance No. 4531
Page 1
December 2, 1991
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section 2. In order to avoid unnecesary inter fund
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loans caused by uneven cash flow requirements fe,r tax
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supported funds, the Finance Director is hereby authorized
to allocate individual property tax receipts in a manner
that eliminates inter fund loans.
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section 3. The Mayor is hereby authorized to implement
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such administrative procedures as may be necessary to carry
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out the directions of this legislation.
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Section 4. This Ordinance shall take effect and be in
force five (5) days from and after its passage, approval and
publication, as provided by law.
INTRODUCED:
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PASSED:
APPROVED:
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ATTEST:
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Robin Wohlhueter, City Clerk
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Ordinance No. 4531
Page 2
December 2, 1991
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APPROVED AS TO FORM:
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Stephen R. Shelton, City Attorney
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Published:
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Ordinance No. 4531
Page 3
December 2, 1991