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HomeMy WebLinkAbout4186 4 j . ' ' •i 1 ORDINANCE N0. 4 1 8 6 2 AN ORDINANCE OF THE CITY COUNCIL OF.THE CITY OF AUBURN, WASHINGTON, 3 DETERMINING AND FIXING THE AMOUNT TO BE RAISED BY AD VALOREM TAXES FOR FISCAL YEAR 1987 FOR THE CITY OF AUBURN, WASHINGTON, PURSUANT TO THE 4 PROVISIONS OF R.C.W. 35A.33.135. 5 6 THE CITY COUNCIL OF THE CITY OF AUBURN, WASHINGTON, DO ORDAIN AS FOLLOWS: 7 Section 1. That pursuant to R.C.W. 35A.33.135, the Auburn City Council g and Auburn Finance Director have considered the financial requirements for the g ensuing fiscal year of 1987 and the Auburn City Council herewith determines 10 and fixes the amount to be raised by ad valorem taxes for said fiscal year in 11 the following amounts: -12 _ egu ar xcess 13 Fund No. Fund Levy Levy 14 001 General Fund $3,326,025 15 213 1967 G.O. Arterial Street $ 72,600 16 219 1983 Fire $tation G.O. Bond Fund 295,100 17 220 1985 Capital Improvement 194,200 18 221 1986 Parks and Street Bond Fund 748,000 , 19 20 Total Ad Valorem Taxes $3,520,225 $-1,115,700 21 Section 2. In order to avoid unnecessary_inter-fund Toans' cause_by uneven 22 cash flow requirements for tax supported funds,. the Finance Director i_s:*hereby 23 authorized to allocate individual property tax receipts in a manner that 24 eliminates inter-fund loans. 25 Section 3. The Mayor is hereby authorized to implement such administra- 2 6 tive procedures as may be neeessary to carry out the directions of this 27 legislation. 28 29 30 31 . 32 Ordinance No. 4186 Page One of Two 12/2/86 ~ • . R 1 Section 4. This Ordinance shall take effect and be in force five (5) days 2 from and after its passage, approval and publication, as provided by law. . 3 INTRODUCED: DECEMBER 8, 1986 4 5 6 PASSED: DECEMBER 8, 1986 7 APPROVED: DECEMB 8, 1986 8 9 . 10 M Y R 11 ATTEST : 12 13 ' 14 City C erk 15 ,pROVED A TO FORM: 16 , 17 ' Acting ity ttorney 18 19 PUBLISHED: DECEMBER 14, 1986 20 21 22 23 24 . 25 - 26 27 28 29 30 31 32 Ordinance No. 4186 12/2/86Page Two of Two . STATE' OF VA.SHINGTON) ) ss. QOtIRrY OF ICIlM ) I, Robin Wohlhueter, the duly appointed, qualif'ied City Clerk of the City of Auburn, a Municipal Corporation and Gode City, situate in the County of ICing, State of Washington, do hereby certify that the foregoing is a full, true and correct copy of Ordinance No. 4186 of the ordinances of the City of Auburn, entitled "AN ORDIMNCE." I certify that saia orainance No. 4186 was duly passed by the Cauncil and approved by the Agayor of the said City of Auburn, on the 8th day of Decenber A.D., 1986. I further certify that said Qrdinance No. 4186 was published as provided by law in the Daily Globe news, a c]aily newsgaper published in the City of Auburn, and of general circulation therein, on the 14th day of Decenber A.D., 1986. , WITi~SS my hancl and the official seal of the City of Auburn, this 19th day of December, A. D. , 1986. W CITY CLIItR OF ZHE CITY OF Ai]BURN \