No. 68 Tax Levy for 1929

TOWN OF NEWELL

Ordinance 68 

Tax Levy for 1929

 

The annual appropriation ordinance for appropriating such sums as are deemed necessary to meet lawful expenses and liabilities of the City of Newell, S. Dak. for the ensuring year of 1929 and the annual tax levy therefore.

 

Be it ordained by the COUNCIL of the City of Newell, South Dakota, as follows:

 

Section1.  That there is hereby appropriated by this Council of this City of Newell, S. Dak. For the period January 1st, 1929 until December 31st, 1929, the following sums of money, which are necessary to meet all lawful expenses and liabilities of the City of Newell for said period, to wit:

 

1. GENERAL FUND:  For election expenses, salaries of officers, police department, fire department, printing, irrigation, city light and power, and miscellaneous.

 

4 mills, or  $1561.47

 

2.  WATERWORKS FUND:  For maintenance and repair

 

4 mills, or  $1561.47

 

3.  SINKING FUND:  For redemption of bonds

 

6 mills, or $2342.20

 

4.  INTEREST FUND:  For interest on bonds and warrants

 

                                                                   5 mills, or $1951.84

 

  1. BOND FUND:  For support of municipal bond

 

                                                        1 mill, or $390.36 

 

TOTAL APPROPRIATION

 

Section 2.  That there be and hereby is levied for the purpose of defraying the expenses and liabilities of the City of Newell, S. Dak. For the fiscal year 1928, the following sums of money, upon all taxable property in the City, for the following purposes, to wit:

 

For City General                $1561.47

For Waterworks                  $1561.47

For Sinking Fund                $2342.20

For Interest Fund                $1951.84

For Bond Fund                    $390.36

                                          _________

                                          $7807.34  TOTAL APPROPRIATION

 

Section 3.  That the sum of $7807.34 appropriated in Section 1 for which levy is made in Section 2, is hereby appropriated, and divided among the four funds above mentioned.

 

Section 4.  That any and all moneys received during the fiscal year 1929 from sources other than tax levy herein made, shall be and hereby is appropriated for credit to the funds for General City purposes.

 

Section 5.  That the City Auditor is hereby authorized and directed to certify the Tax Levy herein made in Section 2, to the Auditor of Butte County, South Dakota as provided by law, immediately upon passage and publication of this ordinance. 

 

Passed first reading, August 19 1928

Passed second reading, September 6th 1928

Approved, September 6th 1928