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HomeMy WebLinkAboutRESO 552, ' ~::, 'l} .. : f..13_'~ -~~·,. ~~n '\·::· ,,_,. ~~~· ~· ,· t{·" ~·; !.~ ,. , .. . :• ~ . -.,~" '··~,.. ".' ... ·' '" RESOLUTION NO. 552 RESOLUTlv:N ADOPTING BUDGET OF THE CITJ'.' OF PALO AL'l10 FOH 'l'HE FISCAL YEAR 1927-1928. --~ - - --------~ --- -- The Council ot the City of' Palo Alto DO RESOLVE aa :rollowa: Th•t the ~oregoing proposed budget and aegregation or tunda, aa p:rovidl'.'d. 'by the same, be and the same 1a hereby adopted ae a guide tor said segre~"'at1on and d1atribut1on ot allowa.uces of tunda for the O.it:rerent purposes a.a set rorth therein, to-wit: PHO.POSJt:t: TAX BUDGE1~. FOR THE 'YEAR BJ~GINN:UW JULY l, 192?' OD ENDING JUNE 30, 1928,, BASED ON A TAX LEVY OF' $1 .. :3.0 per $100.,00 ON Tlm ASSESSED VALUA'.L'IOli (:BSTIM.A'l'm ) OF $12, :'550,000.00 COMPOSED 01'' AND ~ROWC1.NG REVENUE AS J•·ou.,ows: Sewer bonds •............................... o. 0089 F.A. Imp~ovement bonda •••••...••••••••• 0.0089 P.A. Construction bonds~··············· 0.0015 P.A.service bvndawv••••••••••••••••·•• 0,0027 P.A. subway 'bonds.................... 0.0046 water ~nd sewer bonds •••••• 1916 ••••••••. 0.00~9 Sower ~onde •••.•...•.••• 1919....... o.0146 Improv~ment bonds ••..•.•. 1919....... 0.0129 City hall bonds. • • • • • • • . • • . . • . • • • . . . • . O. 0093 Library Bonda. • • • • • • • . • • • 1922. • • .. • • • O. 0223. Water and sewer bonda •••••• 1923....... 0.0284 Improvement bonds ••.••••• 1927....... 0.0446 Mayfield water and sewer bonds........ 0.0014 Mayfield sewer bonds No. l............ 0.0110 Mayfield storm water bonds............ 0.0046. Total for 'bonds .1796 Library.. • . .. • . .. . . . . . .. . . . . . . . . . . .l '100 cten.eral •.•.................... ~. • • .!1. ... 9 .... 5._0_4 ...... __ 'l'otal tax •.................. I) " •• l.3000. The above and foregoing resollttion was duly passed 'by the ~ounc1l of the City of Palo Al to on the lath.day of ~7u'lJl. 1927, by the tollowing vote: AYES: NOES: Bortsc11e, i3oru1, Chr1$ttms4;;n, Cottrell, Hobart, .t<..\jlly, Limstt:m, Thoits, Whial0r. ll'one ABSBJJ'J': Cntnciu·t, Jordan, Thomas, 'Ning, ~·:cod. llog~, APPROVED: ~ . AT'l'JlST ~-fcti'.: ctiC)erk .. , J I. .. 1 -~ q 1 ~ ~-J I -~ ·~ _-C~ _;~ ~1 ~·.t. ~~ ~ 4 ,,~ ·~ '.'.·'~/.~ f~: ·j}:lt, l,c~-