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HomeMy WebLinkAboutCC Reso No 1972-1412RESOLUTION N0. 1412 A RESOLUTION OE THE CITY COUNCIL OF THE CITY OF ELSINORE, ESTABLISHING THE AD VALOREM TAX RATE FOR FISCAL YEAR 1972-73. l 2 3 4 5 6 7 $ 9 10 11 12 23 14 16 16 17 18, 19 I 20 21 22 23 24 I 25 26 27 28 29 30 31 32 ~ WHEREAS, the City of Elsinore was incorporated April 23, 1888, and WHEREAS, the City provides municipal services to its property owners and constituents, and WHEREAS, these services incur an expense to the end that the appropriation of such money to cover these expenses is derived from the taxing of properties, and WHEREAS, the City desires to continue to improve upon these various muni- cipal services, and WHEREAS, grants, subventions and other monies, together with the ad valorem tax rate provide for the payment of these services, NOW, THEREFORE, BE IT RESOLVED THAT the City Council of the City of Elsinore does hereby establish the following tax rates to appropriate sufficient monies to wit: (1) General Fund -$1.00 per $100.00 assessed value; (2) Park Fund -$0.30 per $100.00 assessed value; (3) Employees' Trust Fund -$0.10 per $100.00 assessed value; TOTAL TAX RATE - $1.40 APPROVED AND ADOPTED this 24th day of July, 1972. ~'~~-2-~ ~ ~.c~~fiJ Lawrence A. Cartier, Mayor Pro Tempore City of Elsinore STTEST: ~ l 'lorene Marshall, City ity of Elsinore