HomeMy Public PortalAbout2549-1971 - Setting the Tax Rate for 1972Prescribed by State Board of Accounts City Budget Form No. 4a
(Rev.1964)
ORDINANCE NO. 2549-1971
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 1972 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 1971, to be collected in 1972,
shall be $2,187.074.55 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 $1.50260
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
Zero on each One Hundred Dollars of assessed valuation
C., For the AIRPORT OPERATING FUND of said City, the levy shall be
$0.00570 on each One Hundred Dollars of assessed valuation.
D. For the POLICE PENSION FUND of said City, the levy shall be
$0.141 on each One Hundred Dollars of assessed valuation.
E. For the PARK AND RECREATION DEPARTMENT of said City, the.levy
:.shall 'be $0.3775 on each.One.Hundred Dollars of assessed valuation.
F For the CITY PLAN COMMISSION of said City, the levy shall be.
40.087 on each One Hundred Dollars of assessed valuation:!
G. For the REDEVELOPMENT COPHISSIORr of said City, the levy shall be
$O.O:1012 on each One Hundred :Dollars of assessed valuation.
H FAr theCUMULATIVE BUILDING FUND FOR STORM SEWERS of said City,
he levy shall be $0.045 on each One Hundred Dollars of Assessed
. valitation.
I For th..e CUMULATIVE CAPITAL MOVEMENT FUND FOR MUNICIPAL BUILDINGS,
of said City, the levy shall be $0.10 on each One Hundred
,Dollars of assessed valuation.
J:°:For the PARK SINKING BOND.FUND of said City, the levy shall be
$0.0752 on each One Hundred Dollars of assessed valuation.. .
K.. :For the REDEVELOPMENT DISTRICT BOND FIRST ISSUE FUND of the'said
City, the levy shall be ZERO on each One Hundred Dollars of,
.assessed valuation.
L. And therefore shall be a total -tax rate on the property within
the City of Richmond, Wayne County, Indiana, of $2.29582.
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.
Ordinance No. 25kl971
Page 2
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 Common Council of the City of Richmond, Mayne County, Indiana this
day of August, 1971. —U
/President
Attest:uz
City Clerk
Submitted to the Mayor of the City of Richmond, Indiana, this �tday of
August, 1971.
ulty Clerk
APPROVED by me, Byron E. K1ute, Mayor of the City of Richmond, Indiana, this
day of August, 1971.
Mayor
City Clerk