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HomeMy WebLinkAboutResolutions - No. 2982RESOLUTION NO. 2982 FIXING TAX RATE IN PROVISION FOR REVENUE FOR THE FLSCA.L YEAR BEGINNING JULY 1, 1966 AND ENDING JUNE 30, 1967 WHEREAS, this City Council of the City of Lodi did, on the 6th day of July, 1966, adopt an Operating Budget by the passage of Ordinance No. 622 and, on the 17th day of August, 1966, adopt a Utility and Capital Outlay Budget by the introduction of Ordinance No, 625, 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 $46, 794,705.00; 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 col- lection of said taxes be, and the same are hereby levied upon all of the assessed value of said taxable property at the following rates(expressed in cents per $100.00 of said assessed value), to wit: FOR THE GENERAL FUND at ........... $0.06 FOR THE PENSION FUND at ........... .20 FOR THE STORM DRAINAGE FUND at ... '20 FOR THE LSBRARY FUND at ............ .20 A TOTAL TAX RATE OF ....... $1, 58 On the adoption of this resolution, the City Clerk shall transmit a certi- fied 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 corn- phance with Section 36936.1 of said Government Code. Dated: August 17, 1966 1 Certified to be a full, true and correct copy of Resolution No. 2982 passed and adopted by the City Council of the City of Lodi in regular meeting held August 17, 1966, by the following vote: AYES: Councilmen BROWN, CULBERTSON, HUNNELL and KIRSTEN NOES: None ABSENT: Mayor WALTON 0A