HomeMy WebLinkAboutCC Reso No 1976-201
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R~SOLUTION N0. 76-20
A RESOLITi'ION OF THE CITY COUNCIL OF TIiE CITY OF
T'AKF ELSINORE ESTABLISHING THE AD VALORIIvI TAX
RATE FC~R FISCAL YEAR 1976-1977.
Wf~EtEAS, the City of L,ake Elsinore was incoxporated April 23, 1888, and
WFIEREAS, the City provides municipal services to its property owners
and constituents, and
WHEE~.EAS, these services incur an:expense to the end that the appropriation
of such money to cover these e~enses is derived from the taxing of properties,
and,
WHEREAS, the City desires to continue to improve upon these various
municipal services, and
WfIIItEAS, grants, subventions and other monies, together with the ad
valor~n ta.~c rate provide for the payment of these services,
NOW, TllIIttEEE'ORE, BE IT RESOLUID that the City Council of the City of Lake
Elsinore does hereby establish the following tax rate to appropriate
suf~icient monies to wit:
TOTAL TAX RATE - $1.40 per $100 assessed value.
APPROVID AND ADOPT~D this 9th day of August,, 1976,
APPROVID :
iATCEST:
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City Clerk