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Las Vegas City Commission Minutes, February 17, 1937 to August 4, 1942, lvc000004-289

Las Vegas City Commission Minutes, February 17, 1937 to August 4, 1942, lvc000004-289
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lvc000004-289

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http://n2t.net/ark:/62930/d1vd6qz3q
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Las Vegas City Commission Minutes, February 17, 1937 to August 4, 1942

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University of Nevada, Las Vegas. Libraries

Page 5 AMENDED BUDGET FORMULA Receipts Expenditures A. Unencumbered balance January 1, 1940 $51,710.83 B. Revenue from taxes already levied 39,036.67 C. Nontax revenues 1940 129,235.00 D. Expenditures 1940 $198,957.50 E. Nontax revenues 1941 109,000.00 F. Expenditures 1941 194,400.00 G. Balance, taxes to be levied 64,375.00 ___________________ Total (receipts equal expenditures) 393,357.50 393,357.50 H. Divide G. by assessed valuation to find tax rate 1.05. To balance budget a rate of $1.091 is required; agreed to rate $1.05. Section 2, chapter 44, Statutes of Nevada 1935:-- Upon the preparation and completion of said budget, it shall be signed by the governing board of such City, onw, Municipality, School District County High School, or High 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 for the City of Las Vegas, Nevada for the year 1940. Mayor. Joe S. Ronnow, Councilman Herb Krause Councilman A. Corradetti, Councilman C.V.T.Gilbert Councilman Attest: Viola Burns, City Clerk Dated August 16th, 1940. (City Seal) Page 6. FORM FOR PUBLICATION AMENDED CITY BUDGET 1940 Estimated receipts and expenditures for the City of Las Vegas, Nevada, for the year ending December 31, 1940, as provided by Section 2 Chapter 44, statutes of Nevada 1935. ASSESSED VALUATION