HomeMy WebLinkAboutCC Reso No 1974-1482r
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RESOLUTION NO, 1482
A RTsSOLUTION OF TE~ CITY COUNCIL OF THE CITY OF
LAKE ELSINORE E3TABLISHIN~ TF~ AD VALOREM TAR
RATE FOR FISCAL YEAR 1974-1975.
WHEREA3, the City of Lake Elsinore was incorporated April 23, 1888, and
WHEREAS, the City provides municipal services to its property owners and
stituents, and
WHEREAS, these services incur an expense to the end that the appropriation
such money to cover these expenses is derived from the taxing of properties,
WHIs'REAS, the City desires to continue to improve upon these various
nicipal services, and
Wf~REA3, grants, subventions and other monies, together with the ad valorem
x rate provide for the payment of these services,
NOW, Tf~REFORE, BE IT RESOLVED that the City Council of the City of Lake
sinore does hereby establish the following tax rates to appropriate sufficient
nies to wit:
(1) General Fund -$1,00 per $100 assessed value,
(2) Park I~nd - ,30 per $100 assessed value.
(3) Employee's Retirement Trust Fund -
.10 per $100 assessed value,
TOTAL TAX RATE - 51,40 per $100 assessed value.
APPROVID AND ADOPTED this 30th day of July, 1974.
APPROVED:
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I ATTE3T: