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RESOLUTION NO. 8735
OF THE CITY COUNCIL OF THE CITY OF PALM SPRINGS
FIXING THE TAX RATE FOR FISCAL YEAR 1966-67.
I WHEREAS, the City Council of the City of Palm Springs has, by Ordinance, fixed the
amount of money necessary to be raised by taxation upon the taxable property within
the City; and
WHEREAS, the County Auditor of Riverside County has verified to said City Council a
statement showing the total value of all property within the City, ascertained from
the assessment books of said County for the current year, as equalized and corrected
as follows:
Secured Property 92,881 ,600.00
Unsecured Property 17,320,680.00
Solvent Credits 2,460,170000
NOW THEREFORE BE IT RESOLVED that the City Council of the City of Palm Springs does
hereby fix the rate of taxes for the current fiscal year as one dollar, ninety three
cents ($1093) upon each One Hundred Dollars ($100000) of the value of the property
therein as assessed;
BE IT FURTHER RESOLVED that the following portions of said rate are hereby fixed,
after allowances for delinquencies, to raise the amounts specified by Ordinance
No. 755 for the respective funds as follows°
TAX RATE
PER $100.00
BUDGETED COLLECTION TOTAL TAX ASSESSED
FUND TAX REVENUE CHARGE REVENUE VALUATION
General 1 ,016,231 . $2,647000 $1 ,018,878. $ .9245
Library 169,817. 439.00 170,256. .1545
Sewage Facilities 118,902. 308.00 119,210 J 082
Park & Recreation 300,533e 777.00 301 ,310a o2734
Retirement 208,1730 538000 208,711e .1894
Debt Redemption 307,763 796.00 308,5_59, .2800
2,121 ,419. $5.505.00 $2,126,924. $ 1 .9300
BE 1T FURTHER RESOLVED that the City Clerk be and is hereby authorized and
directed on behalf of the City Council of the City of Palm Springs to forthwith
transmit to the County Auditor of the County of Riverside a certified copy of this
resolution and a statement of the said rate of taxes hereby fixed,
Adopted this 22nd day of August 1966
Ayes:Councilmen Dragicevich, Wiefels, and Mayor ,McCoubrey
Noes°Councilman Foster
Absent° Councilman Selig
ATTEST.
Fa D. ALESHIRE CITY OF PALM-SPRI im, CALIFORNIA
CITY CLERK
Doi uty City Clerk M or
APPROVED AS TO FORM CONTENTS-APPROVED
City Attorney
Date t 6Z- Date - / jo-