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HomeMy WebLinkAboutRes 1962-148 Ratifying and Approving Budget for FY 1962-63• • • • RESOLUTION # 148 A RESOLUTION OF THE VILLAGE COUNCIL OF THE VILLAGE OF NORTH PALM BEACH, FLORIDA, RATIFYING AND APPROVING A BUDGET FOR THE FISCAL YEAR 1962- 1963; 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 1962. ** ** ** ** BE IT 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, 1962, and ending October 31, 1963, as shown 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 1962 - 196S Appropriate Title General Government Village Manager's Office Village Attorney and Judge Village Clerk Finance Department Police Department Fire Department Village Engineer Building Official Parks $ Beautification Recreation Operations Reserve for Contingencies 1962-1963 Village Manager's Recommendation 47,082. 17,246. 3,275. 1,450. 15,150. 34,532. 9,170. 1,850. 15,360. 5,880. 23,000. 69,543. 40,019. 283,557. s • • • Resolution #148 Page 2. VILLAGE OF NORTH PALM BEACH TAX ROLL 1962 1963 Complete Roll $ 32,806.038 Credits Exempt Property Homestead Disability $ Widows Total Credits Net Tax Roll $ 482,038. 5,245,000. 14,000. 5,741,038. $ 27,065,000. Total Tax @ 7 Mills $ 189,455. Reserve 4% Discount $ 7,578. Total Reserve $ 7,578. NET AD VALOREM TAX INCOME $ 181,877. Section 2. The Council, having considered said budget and having considered the tax assessment roll for the year 1962, hereby fixes and determines the sum of $ 181,877. 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 1962 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, 1962, proceed in the manner provided by law to collect and receive said taxes. Resolution #148 Page S . L c Detail of Anticipated Revenue 1962 - 1963 Revenue 1962 - 1963 > (Anticipated) Source of Revenue Real Estate & Personal Property Taxes Real Estate Taxes $ 181,877. Total Taxes $ 181,877. License and Permit Fees Building Permits $ 18,000. Occupational Licenses 25,000. Boat Area Fees 2,400. Examination Fees 300. Dog Licenses 250. Total License and $ 45,950. Permit Fees Fines, Forfeits and Penalties Fines and Forfeitures Total Fines, Forfeitures Franchise Revenues 500. Florida Power & Light Co. $ 16,500. Southern Bell Tel. & Tel. 700. Atlantic Fuel Company 2.,400. 500. Total Franchise Revenue $ 19,600. Revenue - Other Sources Road $ Bridge Fund Tree Planting Cigarette Tax Rent - Village Hall Recreation Fees Miscellaneous Income, Fees $ 2,200. 1,600. 25,000. 5,580. 1,000. 250. Total Revenue, Other $ 35,630. Sources GRAND TOTAL $ 283,557. PASSED AND ADOPTED this 30th day of October, 1962. 10.14 c 010 w (SEMI) iN Wit fl ATTEST: illag e Clerk T7kJ Mayor