HomeMy WebLinkAboutOrdinances Book 9, Page 1269, No Ordinance Number;C11001U:;!'0 L i'OR ME
OLL TAX 1'."H THE PURI0aE 0: :::ID TAXES
BE IT 0^.DdIMED BY THE BOARD OF COi_:. L l0I:a1:
"I'_I O:� _.".D C_II, U.-T;TJCKY:
SECTION 1.
Tncre is heral;y levied for the year 1938, upon
sll tax -tile property ,.ithin the city of Paducah, 3:entucky, real and
peraonnl, subject to taxation for municipal purposes, an ad valorem i
tax of One and 50/100 (.;(1.50) Dollars, upon each One Nunared
(;1100.00) Dollars of valuotion of taxa'ul- property in said city,
pursuant to Section 157 of the State Constitution, to defray the
d
cost of maintcinin- and adminlsterint, the Government of the City of
Paducah for the year 1938, and to cover the estimated cost of main-
tainin.7 and operating the departments and agencies of said Govern-
;ent pursuant to the annual budZot to be nrepv ed and su'i::ci+'ted to
the Zoard of Commissioners by the City ;.:ana,^er, for approval by the
7oard of Commissioners, exclusive, however, of the levies herein-
after mentioned and defined. There is size hereby levied a poll
tax of One and 50/100 (j1.50) Dollars on each mile resident of the
Ci y of Pa4ucah over 21 years of are for the year 1938. There is
also herc:y levied unon each One Hundred ((}100.00) Dollar valuation
of tnr-able pronerty in nail city, a special tax of Two (.02) Cents, jIJ
:o be paid into and become a part of the Police and r'iremonrs Pensim
'-und, and r1hich fun: shall be sct:re[:^ted and set apart in a sepa-
fur.•I in the City Tr•-�:.nury, and alinll be held subject to and for
- I
'.::c .,,_p. •:c a_( _r.:' in -cations 3142-1-19 Itcntuc::y :;tatutos. T4iore
i ;. . Y 1••.led for the year 1938 on till it.xa%;le property within
r,y, subject to taxation for municipal purnoc.e:, an a3 w:lorcn
(.03)-,,n-ta upod each One ii:mdred (;,100.00) Dollars of
.ter, o' taxnble nzo, -rty to crente „ sinkin- fund fo;• the
_rin outstandin7 bonds which hove te,•n
W r7c ?,f -ty of Paduc,h;and th:re 1a lil;oci:•e
y ln., .. _ :nlorcrn t,,x of Tsanty-two {...^)
-h nllars of vn ue^,ri of ac
n
In, un-
n iy •,nt..
pees as aro .:;ed to be necccsary :or the proper m•:lntznanco
...d a rani Urin,7 taerNof, and e ith the amount appropriated for
c7ch of s^id depart:..ents and purpose:: shall be set spart and state
the budget and oppor'ionment which shall be adopted and provide
for the Board of Commissioners, and set out in said Apt,ortion-
ment Ordlnnnce; and the amount of levies provided in this ordinance
ere necessary and required in order to provide the revenue adequnte
to meet the requirements of said Apportionment Ordinance.
SECTION 2. '
There is hereby levied for the year 1938, a tax of
maty (.1-'0) cents on each Ono Hundred (x100.00) Lollars of the
frit cash value upon ell the shares of stock of State -anks and
^rust Co:^" nies Incorporated under the laws of this Coiumonv+ealth,
nd en-n,ed in businesn in the City of raducah, Kentucky, and a
lice tax upon all the shares of stock of ?rational ranks doing
..-siness in said City.
And thorn is further levied a tax of fifteen
(.l5) ccntr on each One hundred (,;100.00) Dollars of the fair cash
value of all unmanufaccured a7ricultural products subject to
ij taxation within said City for General municipal purposes, ani all
of said taxes -rovVed for in this section, are levied and to be
collected for the year 1938, and to be used for general municipal
n..rposes.
SUCTION 3.
i
P:11 revenues derived from licenses and from all
otr.,r :won-cea collected and paid into the City Treasury, for
rsnerel municipal purno^es, shall be dictributod to their respec-
tive accounts in the came proport.lons as ad valorem taxes herein
rro i e for, except rovcnuca end the sourcen th^r"of which have
cer. =red in u. kin` up the , prorulomm-an: Or,!.innnce; and
i
n the ev,nt of the collection of any other rovonuon or receipts
o' :,ich ;ass n^t cons!.:, roa _n rnacing up the apportion
. ...:c shall to crc%itcd. to tho 7onere1 fund.
.3ZCTION 4.
i
of ''.:rat.lon of the City of Paducah,
1
't •-n'.^.r its Chnrt'er, and under
a ro,olution
rn of the City of
rly 1n said City
:•t.y
__ z
11 t'.:^ tn..n'cle p.-opert.y subject to taxation for school purposes
it._in said City, nn ad valorem tax of 13noty (.90) cents on each
Cne Han•ired (,;.100.00) Dollars of valucation of real and personal
property in the City of Paducah, for the support and mnintennnco
of public school:• in said City, leas the ect.irn ted sum to be
received .from the :;tate Common School Funds and from other sources;
thercis likerase hereby levied and imposed an ad valorem tax
upon such real and personal property subject to taxation for
I school p--rp^res in the City of Paducah for the year 1930, fifteen
(.15) cents upon ea,h One Hundred (,100.00) Dollars of valuation o
t
such property for the pur_-one of creatin.g a sinkin fund for the
payment of bonds for the City of Paducah issued for school purpose
and in payment of int -.rest upon such bonds as and when the same may
become due; and there is hereby further levied a tax of forty
(.10) Cents on each One Hundred (;100.00) Dollars of the fair cash
value upon all the shares of stock of State Banks and Trust
Companies, in-orporated un er the lana of this Commonwealth, and
cn,,a-cd in business• in the Cit;; of 'a,?ucnh, I:entucky, and also
on rational Panics doing business in said City for the year 1938,
,ind which tax so levied choll be for the support and in intenance
of public schools of said city. There is also hereby levied and
imnosed an ad valorem tax of Three (.03) cents on each Ono hundred
(,,100.00) Dollars of valuation of real and personal property in the
City of Paducah, subject to taxation for the year 1938,for the
support and maintenance o: the Tea hers Rci.irement 3yntem, as a
part of the taxes and addition to such taxes for public school
ptL-c
-aes. There is hereby further levied and imposed a trx'of I
Five (.05) cents on each Ono Iiundred (.,100.00) "ollnrn of valuation
of all r rl ani personnl property 1n the City of Paducah, subject
to tnzat!on for the year 1938, pursuant to rn or�'inance adopted byi
of Co:n<iccioncrs of said City on the 27th day of Janunry
1936, for the pur-oso of aiding., asnistin^ and mo1ntr,in1n• the
Colle^e, anl which tax n'.inll be, niC, ti:-: same 1.3
Y r':.y :, for school purpones.h.
r ln;p;om tp.xes 1.^.via.e un -'or 7-1113 ox•.lcnnre
..,.........i......... * x.0
.022
............................ .80
................... .15
- ..., .. .. ........................ .CS
?or Tcsr'._. .._tirz-m nt .;y:tem..... I ................ k .05
?or-n,'ucah Junior ColleCo .......................... _OS
:otf�l of 31-1"1 levic......... I....... d 2.95
?ocnl 1,•:io^ on Bon'm R Trust Comprnlcc.'
stock for C`_ty purposes ....................... .20
70`.^1 levies on Pinks and Trust CompanienT
stock for school•,urposes..................... .40
:ota1 1,vies on unmrnufacturod a mi.rul` a^1
products for City Purro3o3 ................... .15
SECTION 6.
This ordinance shall take effect from and after
its adoation.
y
i
Layor
Pa3sed by the roard of Commissioners April 21, 1938
Recor5ed by Rudy Steviart•, City Clerk, April 22, 1938
k