HomeMy WebLinkAboutResolutions - No. 4244RESOLUTION NO. 4244
FIXING TAX RATE IN PROVISION FOR REVENUE
FOR. THE FISCAL YEARING BEGINNING JULY 1,
1976 AND ENDING JUNE 30, 1977
WHEREAS, this City Council of the City of Lodi did on the 7th
day of July, 1976, adopt an Operating Budget and Utility Outlay Budget
by passage of Ordinance No. 10809 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 Cather indebt-
edness 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 $ 105, 884, 143;
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 cost of collection of said taxes be, and the same are hereby
levied upon all of the assessed value of the taxable property at the follow -
in rates (expressed in cents per $100, 00 of said assessed value, to wit-,
For the General Fund $0.98
Pension Fund .20
Storm Drainage Fund .20.
$1.38
For the Library Fund $0.22
For the Library
Construction Fund .08
.30
$1. 68
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 5 15 11 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 Govern-
ment Code.
Dated: August 25, 1976
I hereby certify that Resolution No. 4244 was passed
and adopted by the City Council of the City of Lodi in
an adjourned regular meeting held August 25, 1976,
by the following vote,
Ayes a Councilmen - Katzakian, Pinkerton and
Hughes
Noes: Councilmen ® Ehrhardt,
Absent: Councilmen K4k
4244