HomeMy Public PortalAbout2821-1973 - Fixing the Tax Rate levied on property within the CityPrescribed by State Board of Accounts City Budget Form No. 4
(Rev. 1964)
Amended by Common Council 8-20-73
AMENDED ORDINANCE NO. 2821-1973
AN ORDINANCE FIXING THE FATE AND AMOUNT OF TAXES FOR MUNICIPAL PURPOSES TO BE
LEVIED ON PROPERTY WITHIN THE CITY OF RICHMOND, WAYNE CCiYNTY, INDIANA, FOR THE
YEAR 1974, AND PROVIDING FOR THE TAKING EFFECT THEREOF.
SECTION 1. BE IT ORDAINED BY TFiF COMMON CO"NCIL of the Citv 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 1973, to be collected in 1974
:hall be $2,339, 869.66 and the rate of such tax and purpose therefore shallbe as
follows:
A. For the GENERAL FUND of said City, the levy shall be 1.4773
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
.10 on each Oise Huad cd Dollars of, assess valuatior;.
C. For the AIRPORT OPERATING FUND of. said City, the levy shall be
zero on each One Hung, Dollars of assessed valuation.
D. For the POLICE PE N;ION FUND of said City, the levy shall be
.1422 on each One Hundred Dollars of assessed valuation.
1 . For the PARK .AND nZCREATION DU-ARTKENT of maid City, the levy
shcl be .3712 on eac`i Ori: Hvt ndrad Dollars of asaassed valuation.
F. For the CITY PLAT. COMMISSION of said City, the levy shall be
.0407 or, each One Hundred OolIars of assessed valuation.
G. For the REDEVELOPMENT CO.ti1MISSION of said City, the levy shall be
zero on each One Hundred nollars of assessed valuation.
H. For the PARK SINKING BOND FUND of said City, the levy shall be
.0837 on each One Hundred Dollars of assessed valuation.
I. For the REDEVELOPMENT DISTRICT BOND FIRST ISSUE FUND of the said
City, the levy shall be .122 on each One Hundred Dollars of
assessed valuation.
J. And therefore shall be a total tax rate on the property within
the City of Richmond, Wayne County, Indiana of 2.3371.
SECTION 2. Said taxes shall be paid and allocated as provided by an ACT of the
GENERAL f.SSE BLY of the State of Indiana, entitled "EtN 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 CouAcil of the City of Richmcnd, Indiana, properly signed by
the President of Common Council, approval by the mayor of said City, and with
netice as rejgired by law.
. Afty
Ordinance No. 2621-1973
Page 2.
PASSED by the Common Council of the City of Richmond, Wayne County, Indiana this
day of August, 1973.
resident
ATTEST.—)L �
ty Clerk
Ca
Submitted to the Mayor of the City of Richmond, Indiana, this day of August,
1973.
C y Clerk
APPROy$D by me, Byron E. Klute, ,ayor of the City of Richmond, Indiana, this
r day of August, 1973,
Mayor%
ATTESTS
ty Clerk