The record-union. [volume] (Sacramento, Calif.) 1891-1903, 1899-08-01
ONE DOLLAR THIRTY.
PROBABLE TAX RATE FOR
THIS YEAR.
Board Of Estimate Makes Its Re.
port to the Board Of
Trustees.

The Board Of Estimate of Sacramento
City has handed in TO the Board Of
Trustees the result of it's labors, fixing
the tax rate for city government at
1.30 on the $780, At the meeting OF
the Board of Trustees last night the
reading of the report was postponed
one week The report follows in full:
SACRAMENTO (Cal), Aug. L, 1873
To the Honorable Board of Trustees
OF the City of ACKNOWLEDGEMENTS
Pursuant to Section so of the city
Charter the Board of Estimate respect
FULLY submits it's report, accompanied
by estimates and requirements from
the various departments OF the city
government, as to the probable imam
cial necessities of the city for the ensu-
ing fiscal year, giving the amounts
needed for salaries and the probable
wants of each of the departments. ana
showing the necessities of each of the
funds to be provided for in the Treas
ury. The estimate shows, as nearly as
may be- what amounts of income ana
revenue is likely to accrue and be col
lected from all sources of revenue, eX-
elusive of taxes; and also what amount
will be required to be levied and col
leoted for each fund by tax upon all
property in the city in order to meet
the requirements of the year 1900.
Consideration of the estimates fur
nished by the several departments will
show as follows:
Chief Engineer Guthrie has asked for
$4,000 for maintenance of Fire
Department We have provided for
that amount in our estimate.
The Board of Education has asked for
$4,000 for maintenance of the High
School. We have provided for that
amount in our estimate.
The Directors of the Free Library
have asked for $50, 240 Tor general 1un-
ming expenses, purchase of books en-
largement of buildings, etc. We cannot,
at this time, see our way clear to in
crease the revenue to the amount &c
sired; but have provided for $1,000,
which is some 81, 800 more than the
library received last year.
We have increased the rate for the
sprinkling fund from So cents to 10
we find the amount appropriated for
this fiscal year was not sufficient to
meet the demands on that fund.
a.
demption fund the sum of $3.50
$1,000 to be used to take up ten levee
bonds falling due January l, 1900; 81,
$50 to be used to pay interest on all
of the outstanding levee bonds; $50,
COO to be laid aside to be used to pay
off the bonds of 1903, the total issue OF
which being $4,000. We think it more
desirable TO provide for payment OF
these bonds by levying a tax sufficient
to acquire $4,000 each year for -four
years, instead of waiting until the year
1903, and then being compelled to in
crease the tax rate sufficiently to pay
off the whole issue of $40. 600 when due
Also, by levying the tax each year we
are carrying out the intent of the law,
and order of the Supreme Court, di-
recting the setting aside of 90 per cent
of the city's revenue to pay the old
debt, and are thus preventing annoying
complications that may otherwise arise.
We have provided for the care of the
Fifteenth and streets plaza in the
general fund, in accordance with the
provisions of section POS of the City
Charter.
We estimate that the following
amounts will be required for the differ
ont funds for tho anC11jr0 fiscal wear.