Las Vegas City Commission Minutes, January 7, 1947 to October 26, 1949, lvc000006-390

360 BUDGET FORMULA RECEIPTS EXPENDITURES A. Unencumbered balance January 1, 1949.......... B. Revenue from taxes already levied ............ C. Nontax revenues 1949. . . . . . ............. D. Expenditures 1949 ......................... E. Nontax revenues 1950....................... F. Expenditures 1950 ......................... G. Balance, taxes to be levied ................. Total (Receipts equal expenditures)........ H. Divide G. by assessed valuation to fine tax rate $ 3,441,342.61 $ 3,441,342.6l 1.50 Section 2, Chapter 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 then 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 for the year 1949. /s/ E. W. Cragin__________ Mayor /s/ Robert T. Moore_______ Councilman /s/ R. T. Baskin__________ Councilman /s/C. R. Clark___________ Councilman /s/ Reed Whipple__________ Attest: /s/ Shirley Ballinger Councilman ---------City Clerk Dated March 10______, 1949 FORM FOR PUBLICATION CITY BUDGET 1949 Estimated Receipts and Expenditures of the city of Las Vegas for the Year Ending December 31, 1949as provided by Section 2, Chapter 44, Statutes of Nevada 1935. ASSESSED VALUATION Assessed Valuation: Actual 1948 Estimated 1949 Real estate and improvements . Personal property............ Net proceeds of mines . . . . Total........................ Receipts : Licenses .................... Fines and fees .............. Permits and inspections . . . Poll taxes .................. County Road funds .......... Rentals and sales .......... Percent corporate earnings . . Bond sales and loans ........ Miscellaneous................ Taxes collected ........... Total........................ Expenditures: Administration .............. Police department .......... Fire department.............. Streets and alleys .......... Power, light and water . . . . City court and legal expenses Health and sanitation. . . . . Sewage disposal.............. Motor vehicle expense . . . . City parks . . . .......... Debt redemption and interest . Miscellaneous................ $ 26,051,526.66 $ 29,052,854.63 Actual 1948 Estimated 1949 $ 1,711,682.38 $ l,645,576.96 Total. . . . ................................$ l,494,363.08 $ 1,787,271.15 City tax rate...............................$ 1.50 $ 1.50 The above is a true and correct statement of the estimated receipts and expenditures of the city of Las Vegas, for the current year as required by Section 2, Chapter 44, Laws of Nevada 1935. Attest: /s/ Shirley Ballinger (Signed) E. W. Cragin City Clerk Mayor Dated March 10 , 1949