HomeMy WebLinkAboutResolutions - No. 3974RESOLUTION NO. 3974
FIXING TAX RATE IN PROVISION FOR REVENUE FOR
THE FISCAL YEAR BEGINNING JULY 1, 1974 AND
ENDING JUNE 30, 1975
WHEREAS, this City Council of the City of Lodi did on 17th day of
July, 1974, adopt an Operating Budget by passage of Ordinance No. 1038
and, on the ?.1st day of August. 1974, adopt a Utility Outlay and Capital
Improvement Budget by the introduction of Ordinance No. 1041, 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 valuation of $88, 053, 098;
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 said assessed value), to wit:
FOR THE GENERAL FUND at $0. 98
FOR THE PENSION FUND at $0.20
FOR THE STORM DRAINAGE FUND at $0. LO
FOR THE LIBRAR. FUND at $0. LO
FOR THE LIBRARY CONSTRUCTION FUND
at $0.10
A TOTAL TAX RATE OF $1.68
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Page Xo.
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 2.1, 1974
I hereby certify that Resolution No. 3974 was passed and
adopted by the City Council of the City of Lodi in regular
meeting held August 2.1, 1974, by the following vote:
Ayes: Councilmen - Ehrhardt, Hughes. Schaffer,
and Pinkerton
Noes: Councilmen - None