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HomeMy WebLinkAbout4807 1 2 3 4 5 6 7 8 9 10 11 12 13 14 15 16 17 18 19 20 21 22 23 24 25 26 ORDINANCE NO. 4807 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 1996 FOR THE CITY OF AUBURN, WASHINGTON, PURSUANT TO THE PROVISIONS OF R.C.W. 35A.33.135. THE CITY COUNCIL OF THE CITY OF AUBURN, WASHINGTON, DO ORDAIN AS FOLLOWS: Section 1. That pursuant to the provisions of Chapter 35A.33.135, the Auburn City Council and Auburn Finance Director have considered the financial requirements for the ensuing fiscal year of 1996 and the Auburn City Council herewith determines and fixes the amount to be raised by ad valorem taxes for said fiscal year in the following amounts: Regular Excess Fund No. Fund Levy LevV 001 General Fund $7,913,700 221 1986 GO Street & Parks $1,541,900 TOTAL AD VALOREM TAXES $7,913,700 $1,541,900 Section 2. In order to avoid unnecessary interfund loans caused by uneven cash flow requirements for tax supported funds, the Finance Director is hereby authorized to allocate individual property tax receipts in a manner that eliminates interfund loans. Ordinance No. 480'7 November 30, 1995 Page 1 1 2 3 4 5 6 7 8 9 10 11 12 13 14 15 16 17 18 19 2O 21 22 23 24 25 26 Section 3. The Mayor is hereby authorized to such administrative procedures as may be necessary out the directions of this legislation. Se=tion 4. This Ordinance shall take effect and force five (5) days from and after publication, as provided by law. implement to carry be in its passage, approval and ATTEST: INTRODUCED: PASSED: APPROVED: CHARLES A. BOOTH MAYOR Robin Wohlhueter, City Clerk APPROVED AS TO FORM: ~olds, Acting City Attorney Published: /~- / ~%f Ordinance No. 4807 November 30, 1995 Page 2