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HomeMy WebLinkAboutOrdinances Book 9, Page 870, No Ordinance Number%_i Page 870 AN ORDINANCE FIXING THE LEVY AND RA'Z'E OF TAXATIONT ON ALL PROPERTY IB. THE CITY OF PADUCAH, KENTUCKY, SUBJECT TO TAXATION FOR MUbiICIPAL PURPOSES FOR THE YEAR 1934, A14D THE RATE. OF POLL TAX WITH THE PURPOSES OF SAID LEVY THEREUITDER DEFINED. BE IT ORDAINED BY THE BOARD OF COL10tISSIONERS OF THE CITY OF PADUCAH, KENTUCKY: SECTION 1. There is hereby levied for the year 1934, upon all the taxable property within the city of Paducah, Kentucky, real and personal , subject to taxation for municipal purposes, an ad valorem tax of p 1.43 pursuafit to Section 157 of the State Constitution, to defray the cost of maintaining and administering the Government of the City of Paducah for the year 1934, and to cover the estimated cost of maintaining and operating the departments and agencies of said Government pursuant to.the annual budget prepared and submitted to the Board of Commissioners by the City 11anager and approved by the Board of Commissioners; and the Board of Education of the City, of Paducah, pursuant to authority vested in it under its Charter and the laws of the State of Kentucky, having levied an advalorum tax upon all taxable property within the City of Paducah, subject to taxation for school purposes of 6 1.10 upon each $100.00 of such property, and likewise and under said Resolution a tax of .15¢ upon each x$100.00 of such•taxable property for the purpose of, paying the Interest and Principal on School Improvement Bonds, and to create and provide a sinking fund for the payment of said bonds at maturity, making in all of said tares for City and School purposes a total tax rate of $ 2.68 on -each 8100.00 of all. taxable property subject to taxation for municipal and school purposes in the City of Paducah. There is also hereby levied a poll tax of * 1.50 on each male resident of the City of Paducah over 21. years of age for the year 1964. The tax .levies herein enumerated, shall each and all of, them be placed upon the tax b-.Llls for the year 1964, and collected and necounted for as required by law. SECTION 2. The race of taxation for the esti,ritcd expenditures of.' each department of t e City Govr.rrunent, and for such other p11r.•p(; ;ec: ns are doomed to be 1)000-­au`y i'or the proper mr.Lntenance and admi.ntst:er.i.ng thereof, �`l0t the awount 1 v.1.rd for G:kcii of avid dop: rl:ments and purposes ns :Ipportione:d turrl set: apnr•t Lr the budget nnci apporl:Lonmen'l, hcrotoforf Fulonted I Page 871 and provided for by the Board of Commissioners and as set out in said apportionment Ordinance shall be on each x,100.00 of property as follows, to-1.1,.it: General Government 18.408 Cents r,Iaintenance & Improvements i (City Hall) .791 Cents Associations & Donations 6.022 Cents Legal Department 2.729 Cents Finance Department 9.534 Cents Public Health Department - 1.946 Cents Police Department 14.038 Cents Fire Department 13.733 Cents Street Department 9.249 Cents Engineering Department 1.940 Cents Server Department .904 Cents Public Interest 25.155 Cents ,'Sinking Fund Appropriation 12.815 Cents i Floating Debt 4.910 Cents Oak Grove Cemetery 1.493 Cents P.iarket House .516 Cents City Scales .233 Cents i'Iharves & Docks .037 Cents , Municipal Airport .371 Cents Insurance & Bonds 1.525 Cents Street, Bridge & P_11ey Lighting 5.488 Cents Riverside Hospital 11.874 Cents Electric Light Bulbs .089 (All Departments) Total tax levied for City purposes 143. cents. For Interest and Sinking fund on School Improvement ponds, 150. For Ueneral School purposes tiP 1.10. Total Levies �,, 2.68. SECTIO11 3. There is hereby levied for the year 1934, a tax of •20¢ on each k 100.00 of the fair cash value upon all the snares Of stock of State Banks and Trust Companies Incorporated under the laws of this Commonwealth, and engaged in business in the City of Paducah, Kentucky, and of national Banks doing business in said City. And there :is further levied a tax of .150 on each 100.00 of the fair cash value of all unmanufactured agr'culi.ur- al products subject to taxation within said City for general municipal Page 872 SECTION 4. All Revenues derived from licenses and from all other sources, collected and paid unto ''.he. City Treasury, shall be distributed to their respective accounts in the same proportions as ad valorem taxes hereinbefore provided for, except revenues and the sources thereof which havenot been considered in making un the Apportionment Ordinance; and in the event of the collection of any otherrevenues or receipts of other income which was'not considered in making up the Apportionment Ordinance, same shall be credited to the general fund. SECTION 5. This Ordinance shall take effect from and after its adoption. / Signed Mayor Passed by the Board of Commissioners April' -3`"7.934. Recorded by Rudy Ste -art, City Clerk April°��k�^1934.