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HomeMy WebLinkAbout4388 1 ORDINANCE NO. 4 3 8 8 2 3 AN ORDINANCE OF THE CITY OF.AUBURN, WASHINGTON, DETERMINING AND FIXING THE AMOUNT TO BE RAISED BY AD VALOREM TAXES FOR 4 FISCAL YEAR 1990 FOR THE CITY OF AUBURN, WASHINGTON, PURSUANT TO THE PROVISIONS OF R.C.W. 35A.33.135. 5 THE CITY COUNCIL OF THE CITY OF AUBURN, WASHINGTON, DO 6 ORDAIN AS FOLLOWS: 7 Section 1. That pursuant to R.C.W. 35A..33.135, the 8 Auburn City:Council and Auburn Finance Director have 9 considered the financial requi-rements for the ensuing fiscal 10 year of 1990 and the Auburn City Council herewith determines 11 and fixes the amount to be raised by ad valorem taxes for said 12 fiscal year in the following amounts: 13 14 Regular Excess 15 Fund No. Fund Levy Levy 16 001 General Fund $4,441,000 17 220 1985 Capital Improvement 183,000 18 221 1986 G.O. Street and Parks 928,100 19 219 1983 Fire Station G.O. Bond Issue 201,900 20 621 LID Guarantee 80,000 21 TOTAL AD VALOREM TAXES $4,624,000 $1,210.000 22 23 24 25 26 Ordinance No. 4388 November 30, 1989 Page 1 , 1 2 Section 2. In'order to avoid unnecessary inter-fund 3 loans caused by uneven cash flow requirements for tax 4 supported funds, the Finance Director is hereby authorized to 5 allocate individual property tax receipts in a manner that 6 eliminates inter-fund loans. 7 Section 3. The Mayor is hereby authorized to implement 8 such administrative procedures as may be necessary to carry 9 out the directions of this legislation. 10 Section 4. This Ordinance shall take effect and be in 11 force five days from and after.its passage, approval and 12 publication as provided by law. 13 INTRODUCED: . 14 15 PASSED: ' L 16 17 APPROVED: 18 19 20 M A Y O 21 22 23 24 25 26 Ordinance No. 4388 - November 30, 1989 Page 2 . ~ . . . 1 ATTEST: 2 3 . 4 Robin Wohlhueter, City Clerk 5' 6 7 APPROVED AS TO FORM: 8 9 10 Marguerite Schellentrager, City Attorney 11 12 13 PUBLISHED: f~/ldf ~9 14 15 16 17 18 19 20 21 , 22 23 24 25 26 Ordinance No. 4388 November 30, 1989 Page 3 . ~ , . STATE OF WASHINGTON) ' ) ss. COUNTY OF KING I, Robin Wohlhueter, the duly appointed, qualified City Clerk of the City of Auburn, a Municipal Corporation and Code City, situate in the.County of King, State of . Washington, do hereby certify that the foregoing is a'full, true and.correct copy of Ordinance No. 4388 of the ordinances of the City of Auburn, entitled °AN ORDINANCE." I certify that said Ordinance No. 4388 was duly passed by the Council and approved by the Mayor of the said City of Auburn, on the the 4TH day of December A.D., 1989. I further certify.that said Ordinance No. 4388 was published as provided by law in the Valley Daily News, a daily newspaper published in the City of Auburn, and of general circulation therein, on the 10TH day of December, A.D., 1989. Witness my hand and the official seal of the City of . Auburn this December 11,•1989, A.D. : (N _ Robin.Wohlhueter - ` City Clerk City of Auburn -