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HomeMy WebLinkAboutRes 1961-119 Ratifying and Approving the Budge for 1961-62• • • RESOLUTION NO. 119 A RESOLUTION OF THE VILLAGE COUNCIL OF THE VILLAGE OF NORTH PALM BEACH, FLORIDA, RATIFYING AND APPROVING A BUDGET FOR THE FISCAL YEAR 1961- 1962; FIXING THE AMOUNT OF MONEY TO BE RAISED BY AD VALOREM TAXES FOR THE YEAR; AND FIXING THE AD VALOREM TAX LEVY FOR THE CALENDAR YEAR 1961. ** ** ** ** ** BE ITi AND IT IS HEREBY RESOLVED BY THE VILLAGE COUNCIL OF THE VILLAGE OF NORTH PALM BEACH, FLORIDA: Section 1. The budget for the Village of North Palm Beach for the fiscal year beginning November 1, 1961 and ending October 31, 1962, asshown on the following report by the Village Treasurer and Village Manager, is hereby ratified and approved. VILLAGE OF NORTH PALM BEACH, FLORIDA Summary of Proposed Expenditures 1961 - 1962 Appropriate Title 10 - General Government 20 - Village Manager's Office 30 - Village Attorney 40 - Village Clerk 50 - Finance Department 60 - Department of Public Safety 61 - Police Dept. $32,024 62 - Fire Dept. $12,420 70 Engineering Department 71 - Village Engineer $ 1,325) 72 - Building Dept. 16,125) 80 - Parks and Recreation 81 - Parks & Beautification ($13,974 82 - Recreation ($13,440 90 - Operations Notes Payable Reserved for Contingencies 1961 - 1962 Village Manager's Recommendation $ 40,721. 11,985. 4,000. 1,440. 17,455. 44,444. 17,450. 27,414. 65,875. 14,955. _ __ 1,782. $ 247,521. • • Detail of Anticipated Revenue 1961 - 1962 Source of Revenue Real Estate & Personal Property Taxes Real Estate Taxes $141,396 Total Taxes License and Permit Fees Building Permits $ 24,000 Occupational Licenses 25,000 Boat Area Fees 2,250 Examination Fees 500 Dog Licenses 300 Total License and Permit Fees Fines. Forfeits and Penalties Revenue 1961 - 1962 (Anticipated) $141,396 $ 52,050 Fines and Forfeitures $ 500 Total Fines. Forfeitures _ $ 500 Franchise Revenues Florida Power & Light Co. $ 15,500 Southern Bell Tel. Co. 720 Atlantic Fuel Co. 2.400 Total Franchise Revenue Revenue from Other Sources Road and Bridge Fund $ 2,400 Cigarette Tax 24,000 Tree Planting 2,100 Rent, Village Hall 5,580 Miscellaneous Income - 875 Total Revenue, Other Sources GRAND TOTAL VILLAGE OF NORTH PALM BEACH TAX ROLL 1961 - 1962 Complete Roll Credits Exempt Property Homestead Disability & Widows Total Credits $422,038 4,345,000 11.000 $ 18,620 $ 34,955 $247,521 $ 26,975,274 $ 4.778.038 Net Tax Roll $ 22.197.236 Total Tax @ 7 Mills $ 155,380 Reserve: 5% Uncollectible $ 7,769 4% Discount 6,215 Total Reserve $ 13.984 Net Ad Valorem Tax Income $ 141.396 C c Section 2. The Council, having considered said budget and having considered the tax assessment roll for the year 1961, hereby fixes and determines the sum of $ 141,396.00 as the amount to be raised by ad valorem taxes in such Village for said fiscal year, and fixes the total ad valorem tax levy for the Calendar Year 1961 at 7 mills for the dollar of assessed valuation of taxable property. Section 3. A certified copy of this resolution shall be delivered by the Village Clerk to the Village Tax Assessor, together with the tax assessment roll and a certified copy of the resolution approving the latter, and the tax assessor shall then proceed to assess and extend the taxes on the tax assessment roll according to and in the proportion to the valuations entered therein; when this has been done, the tax assessor shall deliver the roll to the Village Clerk who shall certify and deliver the same, or a copy thereof, to the Village Tax Collector and the latter shall, beginning November 1, 1961, proceed in:the-manner provided by law to collect and receive said taxes. PASSED. AND ADOPTED this loth day of October, 1961. ATTEST: Village Clerk .(:SVS5 em.06. Mayor