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HomeMy WebLinkAboutRes1976-949 r-------- ATTACHED TO AND MADE A PART OF THE MINUTES OF THE SEWARD CITY COUNCIL - VOLUME 17 PAGE 63 THE CITY OF SEHARD, ALASKA RESOLUTION NO. 949 BE IT RESOLVED, that the City Manager's Municipal Budget for the 1976-1977 Fiscal Year, including the letter of presentation which is a part thereof, and containing ..stimated revenues and expenditures as fol101"s, BE ADOPTED, and that the money needed therefore is hereby appropriated; and BE IT FURTHER RESOLVED, that the total assessed valuation assessed by the Borough Assessor, and any supplemental assessment rolls for said period which may be cer- tified 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 ~my 27,1976. ileal Property $16,597,790 $ 6,529,984 $ 1,454,272 $ 16,597,790 ~ersonal '. Value of Boats in Seward $ 6,529,984 City Assessed Boat Tax Revenue $ 1,500 $ 23,127,774 REVENUES Total General Fund: Total Light & Power Department Total Water Department Total Estimated Revenue $ 1,047,346 764,000 124,096 $ 1,935,442 EXPENDITURES General Fund: Hayor & Council General Office Supplies City Enl1;ineer City }mna~er's Office City Clerk-Treasurer Finance Department Police Department Fire Department Street Department City Shop Boat Harbor Health, Education & Welfare General Services Municipal Building Debt Service Insurance Reserve $ 30,750 17,115 51,263 75,158 44,600 80,213 204 ,729 46,069 157,221 42,193 103,173 22,800 71,377 41,444 34,358 24,883 $ 1,047,346 o RIG I N A L r--------------- Light & Power Department: Operating Expenditures $ 570,269 Debt Service 77 ,978 Reserve 115,753 $ 764,0')1) Hater Department: Operating Expenditures $ 72,759 Debt Service 27,655 Reserve 23,682 $ 124,096 Total Budp,eted Expenditures: $ 1,935,442 AND BE IT FURTHER RESOLVED, that the rate of levy on the 1976 real and oersona1 property tax rolls shall be and is hereby levied at the rate of twenty (20) mills per dollar of assessed valuation, exceot 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) net registered or certificated tons. This Resolution shall be effective on the date of its passap,e and approval. Passed and aD~roved by the City Council of the City of Seward, Alaska, this 14th daY nf JJ,L~, 1976. Richard A. Neve', Mayor \~' " -rv~~., ~. '~ '''i,;.:'',,, ". ':....,.. (r. ~ o RIG r"N A L