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Las Vegas City Commission Minutes, November 7, 1949 to May 21, 1952, lvc000007-303

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lvc000007-303
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http://n2t.net/ark:/62930/d10k2868b
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Las Vegas City Commission Minutes, November 7, 1949 to May 21, 1952
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University of Nevada, Las Vegas. Libraries

BUDGET FORMULA RECEIPTS EXPENDITURES A. Unencumbered balance January 1, 1951......................................... $ 238,844.67 B« Revenue from taxes already levied 374,576.06 C. Nontax revenues 1951................................................. 1,111,151.34 D. Expenditures 1951 . . . ................................................................. $ 1,712,687.20 E. Nontax revenues 1952. .. ....................... ......... 1,105,000.00 F. Expenditures 1952 . ......... ..................................... 1,601,535.94 G. Balance, taxes to be levied......................., . . . ..... 484,651.07 Total (Receipts equal expenditures) , ....................... $ 3,314,223.14 $ 3,314,223.14 H. Divide G. by assessed valuation to find tax rate. $ 1.50 We hereby approve the above budget of the city of Las Vegas for the year 1951 _______s/ E. W. Gragin Mayor s/ Robert T. Moore Councilman s/ Reed Whipple (SEAL) Councilman s/ William Peccole______ Attest: Councilman s/ Wendell Bunker ____________ s/ Shirley Ballinger Councilman City Clerk Dated January 31, 1951 FORM FOR PUBLICATION CITY BUDGET 1951 Estimated Receipts and Expenditures of the city of Las Vegas for the year ending December 31, 1951, as provided by Section 2, Chapter 44, Statutes of Nevada 1935. ASSESSED VALUATION Actual Estimated Assessed Valuation: 1950 1951 Real estate and improvements................................ $ 25,036,474.00 $ 27,960,367.00 Personal property .... ....................................................... 4,223,014.00 4,349,704.00 Net proceeds of mines ............... Total . ...........................................................................................$ 29,259,488.00 $ 32,310,071.00 Receipts: Licenses........................... . . ....................... . 632,219.93 629,500.00 Fines and fees. ..... ................... ........ 142,311.39 154,138.78 Permits and inspections ........................................................ 32,361.32 26,960.00 Poll Taxes. . . .... ..... . . 21,567.00 20,000.00 County road funds ................. —0— —0— Rentals and sales .. ....................... 20,376.54 25,743.00 Percent corporate earnings.................................... —0— --0-- Bond sales and loans. .................................... 12,528.56 —0— Miscellaneous .••••••••••••••••.. 296,093.23 254,809.56 Taxes collected .................. 225.089.92_ 425.948.94 Total . . .... ... ...... .$ 1,382,547.89 $ 1,537,100.28 Expenditures: Administration. ....................................................................... $ 143,733.04 182,992.04 Police Department ..... ................... . ................... 234,516.06 255,312.55 Fire department ... ............................................... 123,642.63 151,892.60 Streets and alleys............................................................... 115,897.63 166,979.95 Power, light and water........................................................... 14,440.21 19,404.65 City court and legal expenses . .... ...... 15,140.08 18,914.85 Health and Sanitation ................... ......... 99,586.95 134,814.30 Sewage disposal 28,112.43 37.278.10 Motor vehicle expense ............................................................ 13,064.92 13,924.48 City parks .... .................................................................... 23,636.57 32,242.49 Debt redemption and interest .............................................. 206,288.67 323,083.28 Miscellaneous. ......................................... 777.619.92 32547,.91.. Total................................................................... . $ 1,795,679.11 $ 1,712,687.20