HomeMy WebLinkAboutResolution No. 2116 RESOLUTION NO. 2116
A RESOLUTION OF THE CITY COUNCIL OF THE CITY OF
DOWNEY FIXING THE RATE OF TAXES FOR THE FISCAL
YEAR BEGINNING JULY 1, 1968
THE CITY COUNCIL OF THE CITY OF DOWNEY DOES RESOLVE AS FOLLOWS:
SECTION 1. That for the purpose of raising the sums of money necessary
to be raised by taxation upon the taxable property of the City of Downey, as
a revenue to carry on the various departments of said City for the fiscal year
beginning July 1, 1968, the rates of taxes for the different portions of said
City are hereby levied on all taxable property in the different portions of
said City for the fiscal year beginning July 1, 1968, in the number of cents
upon the One Hundred Dollars of the assessed value of said property as
assessed by the County Assessor and equalized by the Board of Supervisors of
the County of Los Angeles, and with respect to certain property as assessed by
the State Board of Equalization and equalized by said Board, and for the sev-
eral funds and purposes set forth in the following table, the taxes levied upon
property in each portion of said City hereinafter described and designated by
a district number being at the rates set opposite the designation of the respect-
ive funds in the column bounded by the district number which is prefixed to the
description of such portion of said City as hereinafter stated.
SECTION 2. All that portion of the City of Downey included within the
boundaries thereof as originally incorporated and changed by Annexation No. 1
and No. 2.
TABLE
Taxation District #1
Assessed Valuation Tax Rate Levy
Secured Roll $183,526,415 .54 $991,042.64
Unsecured Roll 27,385,380 .54 147,881.05
$210,911,795 $1,138,923.69
SECTION 3. The City Clerk shall certify to the adoption of this resolution.
APPROVED AND ADOPTED this 27th day of August, 1968.
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Mayor
ATTEST:
City Clerk
I, ALBERTA PFEIFFER, City Clerk of the City of Downey, hereby certify that
the foregoing resolution was duly adopted by the City Council of the City of
Downey at a regular meeting thereof held on the 27th day of August, 1968, by the
following vote, to wit:
AYES: 4 Councilmen: Corbin, Temple, Ferris, Morton
NOES: 0 Councilmen: None
ABSENT: 2 Councilmen: Wintcirn
City Clem /