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HomeMy WebLinkAboutRes1968-710 ~- THE CITY OF SEWARD RESOLUTION NO. 710 BE IT RESOLVED that the City Manager's Municipal Budget Proposal for the 1968-69 fiscal year, including letter of presentation which is a part thereof, and containing estimated revenues and expenditures as follows, be ADOPTED, and the money needed therefor is hereby appropriated: BE IT FORmER RESOLVED that the total assessed valuation, assessed by the Borough Assessor, on May 29, 1968, and any supplemental assessment rolls for said period which may be certified by the Borough Assessor at a future date, shall be the basis for computing estimated revenues of The City of Seward Certified tax assessment as of May 29, 1968: Land Improvements $ 1,376,880. 5,569,650. $ 6,946,530. Personal $ 1,655,670. $ 8,602,200 Value of Boats in Seward $ 156,270. Total $ 8,758,470. City Assessed Boat Tax Total Revenue $ 555. REVENUES Total General Fund $ 395,038.65 395,460.00 82,191.00 * Total Light & Power Department Total Water Department *Includes fluoridation assessment - $5,900.00 Total Estimated Revenue including Fluoridation Assessment $ 872,689.65 76,291. 00 $ 866,789.65 Total Water Department without fluoridation Total Estimated Revenue without Fluoridation Assessment r I EXPENDITIJR ES General Fund: Mayor & Council $ 11, 090. 00 26,458.00 23,273.20 22,210.00 45,838.00 30,388.45 94,515.00 23,203.00 33,763.00 4,890.00 6,500.00 75.00 900.00 37,860.00 34,075.00 $ 395,038.65 $ 268,820.00 78,972.50 3,050.00 44,617.50 $ 395, 460. 00 $ 36,255.00 34,080.00 5,956.00 City Manager's office Clerk- Treasurer Finance Department Police Department Fire Department Public Works Public Works Shop Small Boat Harbor Seward General Hospital Seward Library Civil Defense Public Health Nurse General Services Debt Services G. O. Light & Power Department: Operating Expenditures Debt Service Billing Machine R ental Purchase Reserve Water Department: Operating Expenditures Debt Service Reserve $ 76,291.00 Total Budgeted Expenditures $ 866,789.00 Total Tax Revenue from boats on a flat rate basis: $ 555.00 r- --... BE IT FURTHER RESOLVED that the rate of levy on the 1968 personal and real property tax rolls shall be and is hereby levied at the rate of twenty (20) mills per dollar of assessed valuation, except that the rate of levy on boats and vessels shall be and is hereby levied at the rate of Five ($5.00) Dollars each on a boat or vessel of less than five (5) net registered or certificated tons and at the rate of Fifteen ($15.00) Dollars each on a boat or vessel of more than five (5) registered or certificated tons. This Resolution shall be effective on the date of its passage and approval. Passed and approved by the City Council of The City of Seward this lOth day of June . 1968. {1/~ R. W. Kir Mayor k.fl ,-;/ ..:;z:::;;: . . ~. / 7 ( roes .Ulp tt;; City Clerk-Treasurer