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Las Vegas City Commission Minutes, February 17, 1937 to August 4, 1942, lvc000004-332

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lvc000004-332
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    On motion of Commissioner Corradetti seconded by Commissioner Ronnow it was moved and carried that the Budget for the year 1941 be adopted in the following form: Page 1 CITY BUDGETS Budget of the city of Las Vegas, Nevada, 1941 Information required Assessed Valuation-- Actual Estimated 1940 1941 Real Estate and Improvements.......$ 5,355,440 $ 5,500,000 Personal Property (County tax roll plus Assessor's collections)...... 671,183 700,000 Net proceeds of mines.............. -0- -0- Total taxable property.............$ 6,026,623 6,200,000 Actual tax rate 1940...................$ 1.05 Total city taxes levied, 1941 79,980.00 A. Unencumbered balance in City Treasury on January 1, 1941.......................................... $ 74,270.56 B. Revenues from taxes already levied, estimated................. 37,342.68 C. Nontax revenues in 1941, estimated.......................... 135,630.00 D. Expenditures 1941, estimated............................... 261,632.40 E. Nontax revenues 1942, estimated..... 135,525.00 F. Expenditures 1942, estimated.............. 201,120.00 Explanation: A. Unencumbered balance is total balance less warrants outstanding on January 1. Exclude all special funds. B. Revenues from taxes already levied would include taxes levied in the previous year and uncollected, and collections from taxes now delinquent. C. See Schedule No. 1, Col. 2. D. See Schedule No. 2, Col. 2. E. See Schedule No. 1, Col. 3. F. See Schedule No. 2, Col. 3. Page 2. SCHEDULE NUMBER 1 REVENUES FROM NONTAX SOURCES