HomeMy WebLinkAboutOrdinances Book 9, Page 527, No Ordinance NumberPage 527 -
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AN ORDINANCE FIXING THE LEVY OR RATE OF TAXATION ON PROPERTY
IN THE CITY OF PADUCAH, KENTUCKY, FOR THE YEAR 1930, AND THE RATE OF THE
POLL TAX, WITH THE PURPOSE OF SAID LEVY THEREUNDER DEFINED.
BE IT ORDAINED BY THE BOARD OF COMMISSIONERS OF THE
CITY OF PA UUCAH, KENTUCKY:
SECTION 1.
That there is hereby levied for the year 1930, upon the
taxable property within the City of Paducah, Kentucky, real and personal,
an ad valorem tax of One Dollar and 50/100 ($1.50) Cents, pursuant to
Section 157 of the State Constitution. and One Dollar (1.�0), pursuant
to the State Constitution and Statutes of Kentucky to defray the
expenses of maintaining the schools, and Ten ($0.10) Cents, pursuant to
said Constitution and Statutes for the purpose of paying the interest
on the School Improvement Bonds and to create a Sinking Fund for the
payment of said Bonds at matmfity, making a total of Two and 60/100
($2.60) Dollars on each One Hundred Dollars :vorth of real estate and
personal property in the City of Paducah, Kentucky; and there is also
hereby levied a poll tax of One and 50,100 (,$1.50) Dollars on each
male resident of the City of Paducah over 21 years of age for the year
1930.
SECTION 2.
That the rate of taxation for each item of expenditure, as
heretofore apportioned and set out by ordinance, shall be on each One
Hundred Dollars worth of property as follows, to -wit:
Department of Public Affairs.... $ .2628 cents
Department of Public works ...... .3150 "
Department of Public Safety .... .3163 "
Department of Public Property... .2804
Department of Public Finance.... .3255 "
Schools.: .. . . 1.00
Interest,Bonds and SinkingFund. .10
i � _ .6000
SEETION 3.
That all revenues derived from licenses or other sources
collected and paid to the Commissioner of Public Finance, shall be
distributed to their respective accounts in the same proportion as the
ad valorem tax, as hereinbefore provided for, except sources of revenue
which have not been considered in making up the apportionment ordinance
and in the event of the collection of any revenue which was not
considered in m^king up said apportionment ordinance, then such revenue
shall be credited to the general fund.
SECTION 4.
This ordinance shall take effect from and after its
passage, record and publication.
Signed
mayor
Passed by the Board of Commissioners March 31 1930
Recorded by Hunt Crossland, Clerk, April 1, 1630