O-39-43
ORDINANCE NO.&
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AN ORDINANCE Providing a Tax Levy on
Property in the City of Clermont For
the Year 1939; Providing a Budget of
Expenses for the Said City for the
Year 1939, and Making Appropriations
Therefor.
BE IT ORDAINED BY THE CITY COUNCIL OF THE CITY OF
CLERMONT:
SECTION 1. It is hereby found and determined
by the City Council that the following sums of money
are required for the operation of the government of
the City of Clermont for the year" 19::9 :
For General Operating Expenses $1,486.50
For Interest and Sinking Fund 10,307.08
For Delinquent Tax Note Fund 2,944.88
SECTION 2. It is further found and determined
by the Council that the total of the Assessment Roll of
the City of Clermont for 1939, as prepared by the City
Tax Assessor and as equalized, approved and confirmed by
the Cit~Counci1 is $981,638.00; that each mill of taxes
levied on said sum will produce $981.63, if such taxes
are collected in full; that the reasonable expectancy
of the collection of taxes is 75% of the total levy,
and based on said expectancy of collection each mill
levied should produce $736.22; that there are homestead
exemptions of $238,400.00 to be deducted from the total
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of the assessment roll to arrive at the value of property
subject to taxation for operating expenses, leaving the
total "assessed value of property subject to taxation for
operating expenses of the City, $743,248.00; that each
mill levied, based on an expectancy of collection of
75%, should produce!$743.2S.
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SECTION 3. It is hereby found and determined
by the City Council that to raise the above mentioned
sums of money, a tax levy of 20 mills is required to
be made, as follows:
For General Fund
2 mills
For Interest and
Sinking Fund
l4.mills
For Delinquent Tax
Note Fund
4 mills
SECTION 4. There is hereby levied and shall
be collected on each dollar of taxable property in
the City of Clermont, a total tax of 20 mills for
the year 1939, as follows:
For General Fund
2 mills
For Interest and
S inking Fund
14 mills
For Delinquent Tax
Note Fund
4 mills
SECTION 5. The Tax Assessor of the City of
Clermont is hereby directed to extend the assessment
roll of the City, heretofore approved by the Council,
in accordance with the millage provided in Section 4
of this ordinance, and to deliver same to the City
Clerk and Tax Collector, wtth his warrant attached
thereto; and the City Clerk and Tax Collector 1s
hereby directed to collect said taxes at the times
and in the manner provided by the law, and the General
Ordinances of the City of Clermont.
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SECTION 6. The moneys raised by this tax
,levy are hereby appropriated for the purposes for
which levied; and no moneys raised for the Interest
and Sinking Fund shall be used for any other purpose
than paying, first the interest on indebtedness of the
City of Clermont falling due during the cåaendar year
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of 1940, and. second, for the retirement of the
principal of such indebtedness in such manner as
the Council may hereafter determine; and no moneys
raised for the Delinquent Tax Note Fund shall be
used for any other purpose than the purchase of
Delinquent Tax Notes of the City of Clermont.
SECTION 7. This Ordinance shall be ef~ec-
tive immediately upon its passage and approval by
the Mayor.
Passed by the Council at a meeting held
on October 19, 1939.
ATTEST:
President, City Council
City Clerk
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Received and approved by me this 20th day of
October, 1939.
Mayor
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