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O-50-098 G.G( ò. (.,,-D .. ORDINANCE NO. 98 AN ORDINANCE PROVIDING A TAX LEVY ON ALL PROPERTY IN THE CITY OF CLERMONT, FLORIDA, FOR THE YEAR OF 1950; PROVIDING A BUDGET OF EXPENSES FOR THE FISCAL YEAR 1950-1951 AND I.!AKING APPROPRIATIONS THEREFOR. BE IT ORDAHED BY THE CITY COUI~CIL OF THE CITY OF CLERI.IONT, FLORIDA: SECTION I: It is hereby found and determined by the City Council of the City of Clermont, Lake County, Florida, that the follow- ing sums of money are required for the operation of the government of the City of Clermont for the fiscal year of 1 November 1950 to 31 October 1951, inclusive: GENERAL OPEnATINS EXPENSES: Administration Cemetery Fire Dep artment Garbage Department General Expense Li br ary Park Department Police Department Street Department \'!ater Department . $ 5000.00 450.00 5625.00 4050.00 7685.00 500.00 4950.00 10,400.00 17,950.00 11,600.00 $68,210.00 Credit for General Revenue, based on 1949-1950 Income: Cigarette Tax (50%) $ 6,500.00 Fines & ForFeitures 800.00 Garbage 7,000.00 Licenses 4,500.00 Lot sales (Cemetery) 400.00 Permits 400.00 Road & Bridge Tax (County) 750.00 . Tax Penalties 100.00 \'!ater Department 25,000.00 Miscellaneous (includes services, equipment sales,water connections,etc. 1,000.00 46,450.00 TOTAL GENERAL OPERATING EXPENSES TO BE RAISED BY iIiILLAGE LEVIED & ASSESSED. . . . . $21,760.00 BOND DEBT SERVICE: Interest Principal 10,27:'.00 15,725,00 26,000.00 . Less 50% of Cigarette Tax based on 1949-1950 Revenue TOTAL FOR BOND DEBT SERVICE TO BE RAISED BY . ,ILLAGE LEVIED & ASSESSED . . . . . . TOTAL $ 6,500.00 19,500.00 19,500.00 $41,260.00 as determined and based on a Budget for the Fiscal Year of 1950-1951 duly adopted by the City Council of the City of Clermont. SECTION II: It is hereby found and determined by the City Council of the City of Clermont that the total of the Assessment Roll of the City of Clermont for 1950 as prepared by the Tax Assessor of said city and as equalized and confirmed by the City Council is #4, S- 4..r. P oS; 00> X4,351,857.00 which amount does not include any property owned by the State of Florida, ~ounty of Lake, Board of Public Instruction of Lake County, Florida, City of Clermont, and any churchs and Fraternal N Organizations in the City of Clermont; and, that the following de- >T~ . -e, ductions must be made from t he Assessment Roll in order to arrive at the value of all property subject to Bond Debt Service of the City of Clermont: Total of Assessment Roll $ 4,542,005.00 Deductions: I!ousehold per .pr. Viidows Disability 187,148.00 $22,000.00 2,150.00 211\ 298.00 $ 4,330,707.00 Total of Roll for Bond Debt Service and each mill levied thereon should produce $4,330.71 if such taxes are collected in full; and, That the following further deductions from the Assessment Roll of $4,330,707.00 must be made in order to arrive at the true valu- ation of property subject to taxation for General Operating Expenses: Assessment Roll as above adjusted Deductions: Homesteads Excluded Area (1941) $ 4,330,707.00 $1,595,130.00 137,813.00 1,734,943.00 TOTAL ROLL FOR GENERAL OPERATING EXPENSES $ 2,595,764.00 thereby leaving a total Assessment Roll of $2,595,764.00 upon which a millage may be levied for General Operating Expenses of the City of Clermont; and, that each mill levied thereon should produce $2,595.76, if such taxes are collected in full. SECTION III: It is hereby found and determined by the City Council of the City of Clermont that to raise the sum of $19,500.00 required for Bond Debt Service, and the additional sum of $41,260.00 for General Operating Expenses, in addition to the estimated revenues as outlined in Section I hereinabove, and further considering and anticipating uncollected taxes, a tax levy of Fourteen (14) t1ills is re~uired to be made as follows: .-,.... ~. ~. .! :<I. =- For Interest & Sinking Fund & Reserve for Bonded Indebtedness 5 Mills For General Operating Expenses 9 Mills SECTION IV: There is hereby levied and shall be collected on each dollar of taxable property in the City of Clermont and in the area excluded from the City of Clermont by Chapter 21152, Acts of the Legislature, 1941, for Interest and Sinking Fund, and Reserve for Bonded Indebtedness, a tax of Five (5) Mills for the year of 1950, and a tax of Nine (9) Mills for General Operating Expenses on all property in the City of Clermont, save and except that property included in the area as excluded from the City of Clermont by Chapter 21152, Acts of the Legislature, 1941, to wit: For General Fund (General Operating Expenses) 9 Mills FŒr Interest & Sinking Fund & Reserve for Bonded Indebtedness 5 Mills SECTION V: The Tax Assessor of the City of Clermont is hereby directed to extend the Assessment Roll of the City of Clermont, heretofore approved by the City Council, in accordance with the millage provided in Section IV of this ordinance, and to deliver same to the Tax Collector and City Clerk, and the Tax Collector and City Clerk is hereby directed to collect the said taxes at the time and in the manner provided by law and the general orœinances of the City of Clermont, Florida. SECTION VI: The monies raised by this tax levy are hereby appropriated for the purposes for which levied; and no monies col- lected for the Interest and Sinking Fund and Reserve for Bonded Indebtedness shall be used for any other purpose than paying, first, the Interest on the bonded indebtedness of the City of Clermont falling due during the calendar year of 1950 and, second, for the retirement of the principal indebtedness in such manner as the City Council may hereafter determine, or as the City of Clermont is obligated to pay in accordance to the terms and conditions set forth in its bonds. SECTION VII: This ordinance shall be effective immediately upon its passage and approval by the Mayor. - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - .......',.. ....::~. . PASSED by the City Council of the City of Clerr.¡ont at its Regular Meeting held the 3rd day of October, A.D., 1950. ATTEST: m,~ City Clerk .....~ "- ',' " - - - - - - - - - - - - - - - - - - - - ~ - ~.- - ~ .' ~ - ':':',~':-' -'""- ...~ ...,",~~-- , ~....".:., .,,' ,"", --:'- - - - ~ , ,.. . ....~ . " - '; ~ -7'~ ~ APPROVED by me this 3rd day of October, A.D., 1950. ~JI i:ayor