HomeMy WebLinkAboutResolutions - No. 3413RESOLUTION NO. 3413
FIXING TAX RATE IN PROVISION FOR REVENUE
FOR THE FISCAL YEAR BEGINNING
JULY 1, 1970 AND ENDING JUNE 30, 1971
WHEREAS, this City Council of the City of Lodi did on the 15th day of
July, 1970, adopt an Operating Budget by the passage of Ordinance No. 933
and, on the 19th day of August, 1970, adopt a Utility and Capital Outlay Budget
by the introduction of Ordinance No. 935, therein setting forth the several
amounts of revenues from property taxes necessary to support its departments
for the current year and to pay the bonded or other indebtedness of the City; and
WHEREAS, the assessment roll of all properties in the City of Lodi subject
to taxation for municipal purposes returned by the County Auditor as equalized by
the Board of Supervisors of San Joaquin County and by the State Board of
Equalization displays a total assessed vaivation of $63, 334,774:
NOW, THEREFORE, BE IT RESOLVED, that taxes in provision of revenue
to support the various departments of the City of Lodi and to pay the cos.t of
collection of said taxes be, and the same are hereby levied upon all of the assessed
value of the taxable property at the following rates (expressed in cents per
$100. 00 of raid assessed value), to wit:
FOR THE GENERAL FUND at.. ............... $0.98
FOR THE PENSION FUND at .................. $0.20
FOR THE STORM DRAINAGE FUND at.. ....... 50.20
FOR THE LIBRARY FUND at .................. $0. 20
FOR THE LIBRARY CONSTRUCTION FUND at.. .. $0.10
A TOTAL TAX RATE OF ....... $1.68
On the adoption of this resolution, the City Clerk shall transmit a certified
copy thereof to the County Auditor of San Joaquin County as provided in Section
51511 of the Government Code of this State and said City Clerk shall cause a copy
thereof to be published one time in the "Lodi News Sentinel" in compliance with
Section 36936. 1 of said Government Code.
Dated: August 19, 1970
I hereby certify that Resolution No. 3413 was passed and
adapted by the City Council of the City of Lodi in regular meeting
held August 19, 1970 by the following vote:
Ayes: Councilmen - Ehrhardt. Hughes, Katnich, Kirsten
and Schaffer
Noes: Councilmen - None
Absent: Councilmen - None
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