HomeMy Public PortalAbout3117-1976- FIXING THE RATE AND AMOUNT OF TAXES FOR MUNICIPAL PURPOSESPrescribed by State Board of Accounts City Budget Form No. 4
AMENDED ORDINANCE NO.'3117-1976 Amended by the Common
Council 8-16-76
AN ORDINANCE FIXING THE RATE AND AMOUNT OF TAXES FOR MUNICIPAL PURPOSES TO BE
LEVIED ON PROPERTY WITHIN THE CITY OF RICHMOND, WAYNE COUNTY, INDIANA, FOR THE
YEAR 1977, AND PROVIDING FOR THE TAKING EFFECT THEREOF.
SECTION 1. BE IT ORDAINED by the Common Council of the City of Richmond, Wayne
County, Indiana, that the amount of taxes to be levied on property within the
City of Richmond, Wayne County, Indiana, for the year 1976, to be collected in
1977 shall be $2,989,287,00 and the rate of such tax and purpose therefore shall
be as follows:
A. For the General Fund of said City, the levy shall be 1.71'076
on each One Hundred Dollars of assessed valuation and this
shall be placed in the said General Fund.
B. For the GENERAL SINKING FUND of said City, the levy shall be
.09226 on each One Hundred Dollars of assessed valuation.
C. For the AIRPORT OPERATING FUND of said City, the levy shall be
zero on each One Hundred Dollars of assessed valuation.,
D. For the POLICE PENSION FUND of said City, the levy shall be
.27043 on each One Hundred Dollars of assessed valuation.
E. For the PARK AND RECREATION DEPARTMENT of said City, the levy
shall be .37982 on each One Hundred Dollars of assessed valuation.
F. For the PARK SINKING BOND FUND of said City, the levy shall be
.05801 on each One Hundred Dollars of assessed valuation.
G. For the REDEVELOPMENT SINKING BOND FUND of the said City, the levy
shall be .09330 on each One Hundred Dollars of assessed valuation.
H. And therefore shall be a total tax rate on the property within
the City of Richmond, Mayne County, Indiana of 2,1!r64169
SECTION 2. Said taxes shall be paid and allocated as provided by an ACT of the
General Assembly of the State of Indiana, entitled "AN ACT GOVERNING MUNICIPAL
CORPORATION" approved March 6, 1905, and subsequent parts thereto amendatory
and/or supplemental thereto or therefore.
SECTION 3. This Ordinance shall be in full force and effect from and after its
passage by Common Council of the City of Richmond, Indiana, properly signed by
the President of Common Council, approval by the Mayor of said City, and with
notice as required by law.
PASSED by the Comm Council of the City of Richmond, Wayne County, Indiana, this
day of 1976.
( Q�
President of Common Council
ATTEST:'
City---Cl erk-
SUBMITTED by me, JoEllen Trimble, City Cl to the Mayor of the City of
Richmond, Indiana, this —31,2,v-day of 1976.
City Clerk
APPROVED by me, CyVford J. Dickman, Mayor of the City of Richmond, Indiana, this
S,1-day of 1976., ^
ATTEST; c
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