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Las Vegas City Commission Minutes, August 11, 1942 to December 30, 1946, lvc000005-408

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lvc000005-408
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Las Vegas City Commission Minutes, August 11, 1942 to December 30, 1946
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BUDGET FORMULA * RECEIPTS EXPENDITURES A. Unencumbered balance January 1, 1946.....$ 126,327.01 B. Revenue From taxes already levied........ 64,818.14 C. Nontax revenues 1964................... 907,655.10 D. Expenditures 1946........................ ...................$ 1,177,655.10 E. Nontax revenues 1947...................... 955,031.60 F. Expenditures 1947......................... ................. 1,146.176.75 G. Balance, taxes to be levied............... 270,000.00 TOTAL (Receipts equal expenditures).. $2,323,831.85 $2,323,831.85 H. Divide G. by assessed valuation to find tax rate................. $ 1.50 Section 2, Chapter 44, Statutes of Nevada 1935: Upon the preparation and completion of said budget, it shall be signed by the governing board of such city, town, municipality, school district, county high school or high school district, or educational district, and the several sums set forth in said budget under estimated expenditures for the them current year shall be thereby appropriated for the several purposes therein named for the said then current year. We hereby approve the above budget of the City of Las Vegas, Nevada for the year 1946. /s/ E. W. Cragin Mayor /s/ C. R. Clark Councilman /s/ Bob Baskin_________ Councilman /s/ A. Corradetti_______ Councilman /s/ Walter Bates________ Counoilman (SEAL) ATTEST: /s/ Helen Scott Reed City Clerk Dated; January 22, 1946 FORM FOR PUBLICATION CITY BUDGET 1946 Estimated Receipts and Expenditures of the City of Las Vegas for the Year ending December 31, 1946, as provided by Section 2, Chapter 44, Statutes of Nevada, 1935. ASSESSED VALUATION Assessed Valuation: Actual 1945 Estimated 1946 Real estate and improvements......... $ 10,587,324.00 $ 14,500,000.00 Personal property........ 2,524,261.42 3,500,000.00 Total................................ $ 13,111,603.42 $ 18,000,000.00 Receipts; Licenses............................. 320,553.50 339,500.00 Fines and fees............... 59,701.56 68,970.00 Permits and inspections............. ....... 9,905.70 20,500.00 Poll taxes......... 16,251.00 15,000.00 County road funds.......... 2,500.00 3,500.00 Rentals and sales................ 2,396.63 27,325.00 Bond sales and loans.................. ..................... 340,110.10 Miscellaneous........................ 61,651.02 92,750.00 Taxes collected.......... 202,977.68 270,000.00 Total..................................$ 675,937.09 $ 1,177,655.10 Expenditures: Administration.................... 88,280.69 127,945.00 Police Department. ................... 116,235.13 344,555.10 Fire Department...................... 94,650.14 116,800.00 Streets and alleys........ 116,847.00 106,225.00 Power, light and water............... 17,148.09 23,950.00