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ORDINANCE NO. 401 Gaming FORM FOR PUBLICATION CITY BUDGET 1950 Estimated Receipts and Expenditures of the city of LAS VEGAS FOR THE Year Ending December 31, 1950, as provided by Section 2, Chapter 44, Statutes of Nevada 1935. ASSESSED VALUATION Assessed valuation: Actual Estimated 1949 1950 Real estate and improvements.......................................... $ 22,856,124.00 $ 23,680,997.00 Personal property ........................................................... 4,065,311.00 4,276,173.00 Total . $ 26,921,435.00 $ 27,957,170.00 Receipts: Licenses....................................................................................... $ 501,685.24 $ 567,300.00 Fines and -fees........................................................................... $ 140,087.92 111,388.00 Permits and inspections............. 20,21490 20,280.00 Poll taxes................................................................ 20,061.00 20,000.00 Rentals and sales...................... 8,064.51 15,804.00 Bond sales and loans 573,976.50 Miscellaneous...............................................................,. 210,050.93 258,268,88 Taxes collected*.............................. 388,01*8.29 407,010.56 Total................................... $ 1862,186.29 $ 1400,051.44 Expenditures: Administration.................................................................. $ 167,883.09 $ 160,652.25 Police department...................................... 222,387.58 255,467.77 Fire department........................................................................ ........... 122,925.26 137,835.00 Streets and alleys.................................................................. 119,597.44 117,675.00 Power, light and water................................................ 19,535.94 21,583.00 City court and legal expenses...........,...... 17,571.04 15,610.00 Health and sanitation........................ 110.374.11 100,100.00 Sewage disposal............................. 25,942.31 28,735.00 Motor vehicle expense.................................. 19,452.56 16,605.00 City parks.................................................................................... 24,952.08 24,494.22 Debt redemption and interest.....;,....,,..,.... 148,658.52 252,232.50 Miscellaneous.......................................... 533.173.88 805.572.07 Total.............................................................................. $ 1,532,453.81 $ 1,936,561.81 City tax rate.. ..................................................... $ 1.45 1.50 The above is a true and correct statement of the estimated receipts and expenditures of the city of LAS VEGAS, for the current year as required by Section 2, Chapter 44, Laws of Nevada 1935. (Signed)______E. W, Cragin__________________ Attest; Mayor /s/ Shirley Ballinger City Clerk Dated: January 24, 1950 Motion seconded by Commissioner Bunker and carried by the following vote? Commissioners Bunker, Peccole, Whipple and His Honor voting aye; noes, none. Absent? Commissioner Moore. An ordinance entitled? AN ORDINANCE TO AMEND SECTION 9 OF ORDINANCE NO. 305 OF THE CITY OF LAS VEGAS ENTITLED: "AN ORDINANCE TO PROHIBIT GAMING AND OPERATION' OF SLOT MACHINES IN THE CITY OF LAS VEGAS WITHOUT FIRST OBTAINING A LICENSE THEREFOR; REGULATING THE SAME; FIXING THE AMOUNT OF LICENSE FEES; PROVIDING THE PENALTY FOR VIOLATION THEREOF; REPEALING ORDINANCE NOS. 77, 82, 88, 103, 115, 165, 245, 271, 287 AND 319, AND ALL ORDINANCES AND PARTS OF ORDINANCES IN CONFLICT" THEREWITH; AND ALL OTHER MATTERS RELATING THERETO." ALSO REFERRED TO AS CHAPTER 13, SECTION 11 OF THE LAS VEGAS CITY CODE, having been reported on favorably by Commissioners Bunker and Peccole, was read in full to the Board. Motion seconded by Commissioner Bunker and carried by the following vote: Commissioners Bunker, Peccole, Whipple and His Honor voting aye; noes, none. Absent: Commissioner Moore. There being no further business to come before the meeting, the meeting adjourned.