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1970-043 Expense Estimate 1970-19718 RESOLUTION N0. 43_ A RESOLUTION AUTHORIZING PUBLICATION OF AN ESTIMATE OF THE EXPENSES FOR ALL PURPOSES FOR THE CITY OF ME&IDIAN, ADA COUNTY, IDAHO, FOR THE FISCAL YEAR BEGINNING THE 1ST DAY OF JANUARY, 1970, AND ENDING THE 31st DAY OF DECII~BE&, 1970, AND GIVING NOTICE OF PUBLIC HEARING PRIOR TO PASSAGE OF THE ANNUAL APPROPRIATION BILL. BE IT RESOLVID BY THE MAYOR AND CITY COUNCIL OF THE CITY OF MERIDIAN, ADA COUNTY, IDAHO Section 1. That the following classified estimate of the probable amount of money necessary to be raised for all purposes in~~the City of Meridian, Ada County, Idaho, for the fiscal year beginning the 1st day of January, 1g70 and ending the 31st day of December, 1870, be published 3n the Valley News-Times, a weekly newspaper published in the City of Meridian, for two publications beginning with the issue of February ]nth and 26th, and the Notice of Public Hearing on said estimate and probable levy required to raise said sum be published therewith. Section 2. That a statement of the entire revenue ~ the entire revenue of the City of Meridian for the previous fiscal year is as follows:. Taxes. . $ 61,132.24 Sundry ,~OUrces • 72,065.7, Water Works. 43.137.41 Total..... .. ~176,335•~ Section 3. That the pr®bable amount necessary for all purposes for the City of Meridian for the said fiscal year ending December 31, 1970, is as follower Waterw®rks Capitol Improvement . . . .~ 15,201.00 salaries ~ 62, 8.00 Miscellaneous & Reserve. 38,500.00 Water Works Maintenance. 8,000.00 Power & Pumping. . . . . . . 3,500.00 Seger Maintenance. . 14,100.00 City Park. . . .. 2,500.00 street Maintenance . 21,810.00 Street Lights. •~,tYctt'ojlPr''.~• F3 D ._. .. . ._ . . _ 8~2~.~ ~,oo ;re epartment. 3, 8(~O.tJO Library. . . ,. 3,900.00 Recreation 7.6.00 T®tal. . . .~ 198,341.00 Seetioa 4. That the assessed valuation of the said City of Meridian, for the year 1969 is approximately the sum of $2,148,664.00. Section 5. Notice is hereby given that the estimated expenses and apprcr~ priation therefor as herein set forth will, require a levy for general reserve and municipal purposes for the City of Meridian of not.ta exceed 35 mills on the dollar and in compliaace with Section 51-1002 Idaho Code, the Mayor and the Cit~+ Council will, hold a public hearing on March 2, 1970 at 8:00 P.M., at which time any person interested may appear and protest such proposed estimate and levy prior to passage of an annual appropriation bill. PASSED by the City Caunail and approved by the Mayor of the City of Meridian, this 18th day of February, 1970. APPROVID r yor ATTES , ' City erk o ~p ~~~