The herald., 1898-10-26
ARTICLE XIV.
REVENUE AND TAXATION.

REVENUE AND TAXATION.
Sec. l24 On or before the first Mons
day of July in each year. the several
heads of departments offices, boards and
commissions OF the city, shall send to
the City Council an estimate In writing
of the amount OF expenditure, specifying
in detail the objects thereof, required in
their respective departments. offices,
boards and commissions during the year.
including a statement OF the salaries Of
their subordlnates.
Duplicates OF these estimates shall be
sent at tho same time to the Auditor.
Sec. 125.. On or before the first Monday
of August in each year the Auditor shall
prepare and transmit to the Council, an
estimate of the probable expenditures Of
the city for the current fiscal year, give
ing the amount required to meet the In.
forest and sinking funds for any and all
outstanding funded debts, together with
the amount needed for salaries and prob.
able wants of all the departments Of the
showing specifically the amount neces-
sary to be apportioned to each fund in
the Treasury. The estimate shall also
show, as nearly as may be. what amount
OF income and revenue Is likely to be col.
lected from the fines, licenses and all
other sources of revenue. exclusive Of ta1
mate Of what amount will be required to
be levied and raised by tax upon all
property In the city, in order to meet the
necessities of such fiscal year.
Sec. 12s. The Council shall meet annu.
ally between the 18th day of August and
the 22nd day OF August. and by vote Of
majority of all the members thereof
to be required to pay the expenses OF
conducting the public business Of the city
for the fiscal year. The budget shall be
prepared in such detail as to the aggre-
gate sum and the items thereof allowed
to each department, office, board or com.
mission, as the Council shall deem advis.
able.
Sec. 127. Any item in said budget may.
in part by the Mayor, and 1t shall require
six votes of the Council to overcome such
veto. Action thereon must be taken on
or before the first Monday Of September.
After the final estimate is made in ac-
cordance herewith, it shall be signed by
and the several sums shall then be APP
propriated for the fiscal year to the sew
eral purposes and departments therein
named. The estimate shall be filed in the
office of tho Auditor.
Sec. 1928. This Council must cause to be
| raised annually according to law, and
collected by tax, the amounts SO appro-
priated, less the amounts received from
| fines, licenses and other sources of rev.
enue.
| Sec. 12s. The Council may appropriate
five thousand dollars a year for urgent
necessities not otherwise provided for by
law. No money shall be paid out of this
vote of seven members of the Council
and approved by the Mayor.
Sec. 1870. When any board. department
or officer having power to incur liabili-
| ties against the treasury shall make any
agreement for obtaining supplies or hav-
ing labor performed. such department.
| officer or board shall register such agree
mont by number and date. and all de-
mands arising under such agreement
shall be payable in the order Of such reg
ficer must inform the person with whom
1t is proposed to make such agreement Of
the amount Of money available or likely
| to be available In the fund from which
such demands are payable.
| Sec. 131. The Council shall, before nx-
ing the rate of the annual city tax, es-
tablish by ordinance, separate funds rep-
resenting the several funded obligations
of the city, IL any. and the several de-
partments requiring municipal expendi-
percentage of said levy shall be named
for each fund, and tho whole amount Of
taxes and revenue of the city appor-
toned accordingly; and no transfer
cess. or from the general fund to meet
deficiencies. or to provide for the re-
demption OF city bonds, unless In this
charter otherwise provided.
Sec. 1872. The Council shall, on or be.
fore the first Monday of September in
each year, by ordinance. fix the rate Of
taxes to be levied and levy the tax upon
all property. both real and personal, in
the city. necessary to raise sufficient rev.
enue to carry on the various depart.
ments OF the municipal government TO!
the current fiscal year; provided that
the rate of taxes SO levied shall not ex-
coed. In any year. one dollar for each
one hundred dollars upon the assessment
for the payment of tho principal and In.
| trest OF the bonded debt Of the city.
Sec. 1888. The limitation prescribed by
the preceding section upon the rate Of
taxation shall not apply in case of any
great necessity or emergency. In such
case the limitation may be temporarily
suspended SO as to enable the Council to
provide for such necessity or emergency.
But no increase shall be made In the rate
OF taxation authorized to be levied In any
| fiscal year unless such increase be au.
thorized by ordinance passed by the vote
| of seven members of the Council, and
the same shall be approved by the
Mayor. Tho character of such necessity
or emergency shall be recited in the ordi.
nance authorizing such action and shall
De entered IN the minutes Of the proceed
ngs Of the G9unf NOTHING in this sec:
liability, not allowed by law, or which
cannot be paid out of the income and rev.
| enue provided, collected and paid into the
proper fund as its proportion of the Same
/ for such fiscal year, or permit liabilities
or Indebtedness incurred in any one fiscal
! year to be a charge upon or paid out Of
| the income or revenue of any other fiscal
| year.
! Sec. 1874. On or before the first Monday
of July in each year the Assessor shall
complete his list or assessment roll and
| shall attach his certificate thereto, and
deliver it and the books and maps he
may have accompanying the same, and
all the original lists of property given to
him, to the City Auditor and the Auditor
shall thereupon notify the Council. and
the City Clerk shall thereupon notify the
! taxpayers of the fact by posting threo
notices specifying the time Of meet-
ization for tho purpose of equalizing the
taxes.
Sec. 1876. The mode Of making out as
sessment lists. of ascertaining the value
of property, and Of equalizing the same.
shall be such as is now or may hereafter
be, prescribed by the ordinances OF the
city.
When such list has been made out and
obtained as prescribed in this charter. or
by ordinance not inconsistent herewith,
and the same has been returned to the
Council for equalization, the Council
such ordinance provided. sit and act as q
Board of Equalization, and shall have
as regards the equalization of said lists,
powers similar to those conferred by law
upon the Board Of Supervisors Of Los