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Las Vegas City Commission Minutes, February 17, 1954 to September 21, 1955, lvc000009-12

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lvc000009-012
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http://n2t.net/ark:/62930/d1qn62902
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Las Vegas City Commission Minutes, February 17, 1954 to September 21, 1955
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University of Nevada, Las Vegas. Libraries

Net proceeds of mines...................... Total taxable property $49,578,742 $ 87,180,000 Actual tax rate 1953 .............................. $ 1.20 Total City taxes levied, 1953...................... $ 594,944.91 A. Unencumbered balance in City Treasury on Janu­ary 1, 1954 ....................................................... $ 1,682,557.16 B. Revenues from taxes already levied, estimated .......................... $ 498,266.66 C. Nontax revenues in 1954, estimated..................................... $ 2,194,901.00 D. Expenditures 1954, estimated............................................. $ 4,115,761.86 E. Nontax revenues 1955, estimated ......................................... $ 3,435,889.35 F. Expenditures 11955, estimated.......................................... $ 4,550,216.31 Explanation: A. Unencumbered balance is total balance less warrants outstanding on January 1, Exclude all special funds. B. Revenues from taxes already levied would include taxes levied in the previous year and uncollected, and collections from taxes now delinquent. C. See Schedule No. 1. Col. 2. D. See Schedule No. 1. Col. 3. E. See Schedule No. 1. Col. 3. F. See Schedule No. 2. Col. 3. SCHEDULE NUMBER 1 REVENUES FROM NONTAX SOURCES Actual Estimated Estimated 1953 1954 1955 General Fund: Licenses.................................. $ 833,355.33 $892,166.00 $ 963,728.00 Fines and fees............................ 280,637.62 410,843.00 463,794.15 Permits .............. . ................ 99,503.49 119,424.00 120,432.00 Poll taxes................................ 31,671.00 34,680.00 38,148.00 Sales and rentals ........................ 298,826.18 223,361.00 25,088.00 Garbage Disposal , ........................ 1,237.88 655.00 Water operations .......................... Electric operations ...................... Sewer operations .......................... 108,209.80 136,581.00 158,170.00 Interest on city funds .................... Percent corporate earnings ................ County road fund .......................... Airports .................................. Tourist camps ............................ Bond sales ................................ 900,018.00 1,300,000.00 Emergency Loans............................ Special street improvements................ 193,117.07 181,164.00 151,003.20 Miscellaneous.............................. 56,339.39 5,050.00 5,452.00 Gasoline Taxes ............................ 173,615.69 190,977-00 210,074-00 TOTAL ..................................... $2,976,531.45 $2,194,901.00 $ 3,435,889.35