Las Vegas City Commission Minutes, February 17, 1937 to August 4, 1942, lvc000004-105

SCHEDULE NUMBER 2 ... CITY EXPENDITURES.. Actual Estimated Estimated 1937 1938 1939 Administrative salaries $13,689.00 $10,890.00 $10,900.00 Administrative expenses 7,159.92 8,720.00 8,500.00 Police salaries 26,504.48 13,540.00 13,600.00 Police department expenses 9,541.18 7,690.00 7,700.00 Fire department salaries 599.65 600.00 600.00 Fire department expenses 2,028.01 4,020.00 4,000.00 Street department salaries 19,103.35 7,160.00 7,039.76 Street department expenses 23,078.28 19,575.00 17,940.00 City parks 15,515.78 16,470.00 17,000.00 Legal expenses 6,783.30 8,500.00 8,500.00 Electric lights and power 10,935.27 9,800.00 9,800.00 Sewage disposal 5,115.58 5,400.00 5,400.00 Health and sanitation 7,487.82 5,500.00 5,500.00 Insurance, fire 1,545.79 1,500.00 1,500.00 Insurance, industrial 3,144.23 3,200.00 3,200.00 Bond redemption 27,428.78 27,327.28 27,327.28 Bond interest 13,359.32 11,882.04 10,932.96 General fund 5.00 30,000.00 30,000.00 Cemetery 4,505.82 3,500.00 2,500.00 Library 1,807.50 2,000.00 2,000.00 Publicity 715.90 5,000.00 5,000.00 Special Street paving 77,504.72 -0- -0- Emergency loan payment ____________-0- 1,100.00 1,060.00__ Total 277,508.68 203,374.32 200,000.00 SCHEDULE No. 2A BONDED INDEBTEDNESS OF CITY OF LAS VEGAS NAME OF BOND DATE OF ISSUE INT RATE. AMT OF ISSUE RED. INST TOTAL TOTAL _________________________________________________________________________________________L.V. Highway Bonds July, 1924 6% $50,000.00 2,000. 1380. 3380. 24000.00 1928 P and C Imp (A) July, 1928 5% 12,000.00 1000. 125. 1125. 3000.00 1930 P and C " (A) Jan. 1930(1M) 4¾% 18,000.00 1000. 600. 1600. 10000.00 (9M) 6% 1930 P and C Imp (B) Jan. 1930 (1M) 4¾% (M) 6% 10,000.00 1000. 120. 1120. 2000.00 L.V. Sewage Series 1931 Dec. 1931 6% 154,000.00 8000. 6960.14960.120000.00 * * 244,000.00 13000. 9185. 22185. 159000.00 ASSESSMENT BONDS 1928 P and C Impro. #11 January 1929 6½% 43,778.80 4377.88 569.12 4947. 4377.88 1930 P and C Impro. #13 May 1930 7% 45,595.10 4959.51 694.34 5653.85 9919.02 1930 P and C Impro. #14 May 1938 7% 34,898.90 3489.89 488.58 3978.47 6979.78 1937 P and C Impro. #3 January 1937 7% 15,154.55 1500.00 945.00 2445. 13,500.00 143,427.35 14327.28 2697.02 17024.32 34776.8 GRAND TOTAL $193,776.68 BUDGET FORMULA Receipts Expenditures A. Unencumbered balance January 1, 1938 $ 7,566.28 B. Revenue from taxes already levied 39,664.52 C. Nontax revenues 1938 104,624.32 D. Expenditures 1938 203,374.32 E. Nontax revenues 1939 100,000.00 Expenditures (72,169.20) deficit G. Balance, taxes to be levied 79,350.00 Total (receipts equal expenditures) 331,205.12 331,205.12 H. Divide G. by assessed valuation to find tax rate 1.50 Section 2, Chapter 44, statutes of Nevada 1935:---- Upon the preparation and completion of said budget, it ahll be signed ny the governing board of such city, town or municipality, school district, county high school or hight school district or educational district and the several sums set forth in said budget under estimated expenditures for the then current year shall be thereby appropriated for the several purposes therein named for the said then current year. We hereby approve the above budget of the City of Las Vegas for the year 1938. H.P. Marble. Mayor Herbert Krause Councilman Joe S. Ronnow Councilman H.L. Perry Councilman Attest: Viola Sums, City Clerk. Dated Mar. 4, 1938