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HomeMy WebLinkAboutReso. 1976-054 - Setting tax rate for fiscal year 1976-1977RESOLUTION NO. A RESOLUTION OF THE CITY COUNCIL OF THE CITY OF REDDING SETTING THE TAX RATE FOR THE FISCAL YEAR 1976-1977. WHEREAS, the City Council of the City of Redding has considered and adopted a Budget for.the Fiscal Year 1976-1977, and has determined that the established expenditures for the operation of the City require collection of a tax in the following amounts per each One Hundred Dollars ($100) of assessed valuation: Purpose: Tax Rate: General Government $ 1.13 Employee Retirement .79 $ 1.92 NOW, THEREFORE, BE IT RESOLVED by the City Council of the City of Redding as follows, to wit: 1. That the foregoing recitals are true and correct. 2. That the tax rate for the City of Redding for the Fiscal Year 1976-1977 shall be and is hereby set at the rate of $1.92 for each $100 of assessed valuation, being $1.13 for General Government and $ .79 for the Employee Retirement. 3. That the foregoing tax rate in the total amount of $1.92 for each $100 of assessed valuation shall be the tax rate. for the City of Redding for the Fiscal Year 1976-1977. 4. That the City Clerk shall file this Resolution with the County Auditor of Shasta County by the third Monday in August. I HEREBY CERTIFY that the foregoing Resolution was introduced and read at a regular meeting of the City Council of the City of Redding on the 7th day of June , 1976, and was duly adopted at said meeting by the following vote: AYES: COUNCILMEN: Demsher, Gard, Pugh, and Fulton NOES: COUNCILMEN: None ABSENT: COUNCILMEN: Anderson AT EST: MI-LDRED L'. BRAYTON, City'Clerk FORM -APPROVED: EARL D. MURPHY,,�Cityf Attorney LEE D. FleLTON, M Mayor of the City of Redding