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Show S340.031 PROPOSED Cedar City Budget for 1966-67 To Be Presented Thursday Night This evening, Thursday, the Cedar City Council will hold the final reading of the 1966-67 budget bud-get and it is expected that the budget will be adopted. Tin1 budget is based on a 25.8 mill tax levy, the same as it has been during the past year. The budget is set at $340,031., of which $195,527.68 is" expected to come from property taxes. I Cedar City's assessed valuation is $6,660,646. The mill levy of 25.8 would bring from that assessed j valuation $171,999.47. However, an anticipated four per cent of; ' that is determined to be uncol- Escalante, which is owned by the city. Under terms of the lease agreement it will not be effective until Aug. 23, 1906 and the $10,000 annual leace fee will bo paid in regular quarterly installments, in-stallments, which will begin on Oct. 1, with a prorated figure to compensate for the period from Aug. 23 to Oct. 1. Possible surpluses in the bud-' bud-' get, which are hoped will materialize ma-terialize from a conservative revenue rev-enue projection, will be applied to tax anticipation notes now obligated ob-ligated by the city in the amoune of $150,000. lectable, establishing the anticipated antici-pated revenue of $105,527.68. Budget does not allow for any increases in wages in any department de-partment of the city and government govern-ment and no major projects are included, according to city manager man-ager Arnold Anderson. In addition to property taxes, other taxes are evpected to bring in $95,000. Licenses and permit fees are anticipated at $35,550; fines, forfeitures and penalties are listed at $8,500; revenues from other agencies is listed at $22,170.53; charges for current services is expected to bring in $40,660, and other revenue services will account for $22,422.-79. $22,422.-79. Disbursement of the funds for the coming year is also broken down into various departments of city government. General government, gov-ernment, including administrative, administra-tive, courts and city building maintenance is set at $50,888. That compares to an anticipated expenditure of $47,620.98 during the current fiscal year. Public safety, which includes the police, fire and inspection departments , is budgeted for $80,236.50 compared to $75,942. anticipated for the closing year. Public works accounts for $142,902.50 of the budget. Included Includ-ed in this department is the en- gineering and administration, streets and highways, sewers and sewage disposal, plus the Cedar City Municipal Airport. City health service is budgeted for $2,374 plus $62,591.81 for tranfers to other funds such as airport construction, meeting obligations ob-ligations of guaranteed funds and redemption and interest on outstanding bonds. Parks and recreation account for the final amount of $45,474. Of that amount $32,186 is designated desig-nated for recreation which includes in-cludes the summer recreation program and the operation and maintenance of the Painted Hills golf course. The anticipated revenues of the budget does not include funds expected to be derived from a recently signed lease agreement for use of Hotel El |