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HomeMy WebLinkAboutOrdinances Book 9, Page 285, No Ordinance NumberPage 285 -AN ORDINANCE .FIXING THT LEVY OR RATP OF TAXATION ON PROPTFRTY IN THF' CITY OF PADUCAH, KENT'-CKY, FOR TTIE YEAR 1929, AND TT'E RATE OF THP POLL TAX, '71TH TTIF PUPPOSES OF SAID LEVY THDMUNDFR DFFINED. BE IT ORDAINED BY THr BOARD OF CO1,TTr27`'IOTTFRS OF TTiT CITY OF PADTTCAH, K1lTTUCKY: SFCTION 1, That there is hereby levied for the year 1929, upon the taxable property within the City of Paducah, Kentucky, real and personal, an ad valorem tax of One Dollar & 50/100 (f1.50) Cents, pursuant to Section 157 of the State Constitution, and Ninety-seven (,0.97) Cents, pursuant to the State Constitution and Statutes of Kentucky to defray the expenses of maintaining the schools, and Seventeen (,0.17) 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 maturity, making a total of TT7o & 64/100 (,2.64) Dollars on each One Hundred Dollars :orth of said real and personal property in the City of Paducah, Kentucky; and there is also hereby levied a poll tax of One & 50/100 (el.50) Dollars on each male resident of the City of. Paducah over 21 years of age for the year 1929. 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....... .23 cents Department of Public '7orks..........3335 " Department of Public Safety........ .3245 " Department of Public Property...... .2787 " Department of Public Finance....... .3333 " Schools.:.�� .. ..... .....:. .. ... .97 " 11 interest, Bonds andSinkingFund... .17 Total ................ 2.64 SF.CTION 3. That all revenues derived from licenses or other sources collected and naid to the Commissioner of Public Finance, shall be distributed to t',ieir respec'ive accounts in the same proportion as the ad valorem tax, as hereinbefore provided for, excent sources of revenue which hnve not been co-isidcrcd in making up the apport ionT�ent ordinance and in the event of the collection or • ny revenue 1.rhich was not consi•'ored in making up said apportion- Iment ordnance, then such revenue shall be credited to the general fund'; SECTION 4. This ordinance shall take ef,'eet from and after its passage, record and pub.ication. Signedmayor. Passed by the Board of Commissioners March 25, 1929 Recorded by Hunt Crossland, Clerk, March 26, 1929