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Show I City Council approves ! budget for 1973-74 I for the 1973-74 fiscal year at their regular meet- ft ing Thursday evening last week. X I The budget is based on an assessed valuation I of Cedar City of $8,857,709.00 and on a mill levy X I of ffi which is the same that it has been for several years. I 'Anticipated revenue from the mill levy, bas- ed on over 90 percent collection was $2Z7,yi. I Other sources of revenue for the year in- 8 eluded $43,075.00 from licenses and permits, g $136,669.00 from intergovernmental sources to- X I dud ng revenue sharing, and Class C road funds, X t $127,375.00, which is the expected revenue from g I charges for services including both sewer and g ft water billings; Another $13,500 is expected from f fines and forfeitures and additional miscelamous revenues will amount to an expected $54,b4U.uu, g according to the budget figures. g I Some of the major areas of dispursements of the funds were approved, by departments, as follows: , I Parks and Recreation, $61,736.00 Airport, $28,787.00 a Garbage Disposal, $25,352.00 9 I Sewer, $13,339.00 J t Street Department, $158,220.00 S Flood Control, $82,800.00 $ i Fire Department, $25,462.00 9 I . Inspections, etc., $9,743.00 8 Police Department, $123,261.00 X i Operation of City Hall, $11,856.00 1 Municipal Court, $4,739.00 1 Admiriistration,$96,488.00 X Oass C Road Funds, $42,615.00 g Water Department, $203,143.00 1 In addition funds are set up for the pur- I chase of redeeming of bonds and interest on the 8 bonds, plus a number of other minor areas. |