HomeMy WebLinkAbout0075 Annual Appropriation 1968 ORDINANCE NO. 75
AN ORDINANCE OF THE CITY OF CHUBBUCK, BANNOCK COUNTY, IDAHO APPROPRIATING
THE SEVERAL SUMD OF MONEY DEEMED NECESSARY AND SUFFICIENT TO DEFRAY ALL EXPENSES
AND LIABILITIES OF THE CITY OF CHUBBUCK FOR THE FISCAL YEAR BEGINNING ON THE tat
DAY OF JANUARY, 1968) AND ENDING ON THE 31st DAY OF DEER, 1968, AND DESIGNATING
THE DIFFERENT FUNDS TO WHICH THE REVENUES RECEIVED DURING SAID FISCAL YEAR SHALL
BE CREDITED AND FROM 'WHICH EXPENSES SHALL BE DRA14N AND PAID, AND KNOWN AS THE
"ANNUAL APPROPRIATION ORDINANCE OF 1968.11
BE IT ORDAINED By the Mayor and Council of the City of Chubbuck, Banncok
County, Idaho:
Section 11: That the following funds are hereby designated as the proper funds
into wki.ch all revenues accruing to the City of Chubbuck from all sources shall
be paid during the fiscal year beginning on the 1st day of January, 1968 and
ending on the 31st day of December, 1968:
General Fund
Revenue Bond Interest Fund
Revenue Bond Sinking Fund
General Bond Interest Fund
General Bond Sinking Fund
Section 2: Thta the following sums of money are hereby appropriated from the
General Fund for the payment of all general expenses of the City of Chubbuck
during aforesaid fiscal year:
For Maintenance of City Streets -------------------------------$ 18,852910
For Street Lighting -------------------------------------------$ 4,000.00
Far All Salaries and Wages ------------------------------------$ 27,200.00
For Operation and Maintenance of City Waterworks System,
including extensions thereto ----------------------------------$ 45,475, 00
For City Fire Dept- -------------------------------------------$ 81000„00
For all other miscellaneous & contingent purposes ------------$ 30,779.00
Total ----------$ 134.036,.10
Section 3: For the purpose of the payment of the interest accruing and
payment of the principal falling due on the Waterworks System Revenue Bonds
of 1951 , during the aforesaid fiscal year, there is hereby appropriated out
of the income from the water rentals, the following sums for the following
purposes:
For the payment of interest on said Bonds -----------------------$ 920.00
For the payment on principal on said Bonds ----------------------$4,000,00
For the payment on the principal and interest on the
Whitaker Road hxtension Contract of 1959 8-----------------------$ 255.00
All revenue accruing from the operation of the Municiapl Waterworks System,
in excess of the money required for payments on the revenue bonds, shall accrue
to the General Fund, and be used for General Purposes as appropriated and set
out in Section 2 of this Ordinance.
Section 4: For the purpose of meeting all other liabilities of the City of
Chubbuck for the aforesaid fiscal year, all money accruing to the General Bond
Sinking Fund, or so much thereof as may be necessary, is hereby appropriated from
said funds to be used for the following purposes:
For payment of .interest on the General Obligation Waterworks
Bonds of 1957 ---------------------------------------------------$ 652.50
For the payment on the principal of the General Obligation
Waterworks Bonds of 1957 ----------------------------------------$ 2,000.00
Section 5: That all Ordinances, Resolutions, or parts thereof, in conflict
herewith, are expressly repealed, and this Ordinance shall be in full force and
effect from and after its passage, approval, and publication, as required by law,
and shall be known as the "Annual Appropriation Bill of 1968.1'
PASSED AND APPROVED THIS 12th OF MARCH, 1968
Boyd 11V Twiggs - Mayor
ATTEST:
Geneva D Valenty - City Clerk
(City Seal)
1
CITY OF CHUBBUCK, IDAHO
ESTIMATE OF EXPENSES
BE IT RESOLVED, by the Mayor and Council of the City of Chubbuck, Bannock
unty, Idaho that the following estimate of the probable amount of money
necessary for all purposes to be raised by the City of Chubbuck for the fiscal
ear commencing on the 1st day of January, 1965 and ending on the 31st day of
ecember, 1965, including money for the patment of the principal and interest
falling due on the bonded debt and all sinking fund requirements, be and hereby
is accepted by the Mayor and Council of the City of Chubbuck and entered at
length upon the minutes of the said Council and published in the official
newspaper of said City as required by law, to-wit:
enese Payable Out Of The General Fund
For maintenance of City Streets -------------------------------$ 150552,10
For Street Lighting --------------------------------------------$ 4,000*00
or All Salaries and Wages -------------------------------------$ 27,200,840
For operation and maintenance of City Waterworks System, including
extensions thereto ---------------------------------------------$ 451475.00
For City Fire Dept, --------------------------------------------$ 51000,00
For all other miscellaneous & contingent purposes -------------4 30,779.00
Total ----------------$ 134,036.10
EXPENSES PAYABLE OUT OF SPECIAL LEVIES AND FUNDS
For payment of interest on the General Obligation Waterworks
Bonds (',f 1957 ------_...-----------------------------------------$ 652.50
For payment of interest on the Waterworks System Revenue
Bonds of 1951 ------------------------------------------------$ 920.40
For payment on the principal of the General Obligation
Waterworks Bonds of 1957 --------------------------------------$ 21000.00
For payment on the principal of the Waterworks System
Revenue Bonds of 1951 -----------------------------------------$ 4,000.00
For payment on the principal and interest on the Whitaker
Road Extension Contract of 1959 ----------------------------- 255.00
Total ---------$ 7,$27.50
That the entire cash revenue of the City of Chubbuck for the fiscal year
ending on the 31st day of December, 1967 was $ 135,544.30
PASSED AND APPROVED THIS ' J) DAY OF FEBRUARY, 1968
�f.
BoydTwiggs - Mayo
L,TTEST:
GENEVA D VALENTY Clerk '
-(City seal)
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