Arizona republican., 1912-10-04

division, careful estimate in writ l ing of the amounts, specifying in
 detail the objects thereof. required
 for the business and conduct of the
 affairs of their respective depart
 ments and offices, during the next
 ensuing fiscal year.
 Section 4. On or before the first l Monday in December in each year. or on such date in each year as shall
 be fixed by the commission each divi- l sion head shall submit to the com mission the said several estimates and reports of the chief officers of his division, and his own personal report and recommendation and esti- mat as to the probable expenditures or his division for the next ensuing fscal year. stating the amount in de- 1 tall required to meet all expenditures necessary for his division, including | interest and sinking funds for out standing indebtedness, if any therein. also an estimate of the amount of the income expected from all sources in his division and the probable amount required to be raised by taxation to cover such expenditures, interest and sinking funds
 Section 3: The commission shall
 meet annually prior to fixing the tax levy and make a budget of the es-
 timated amounts required to pay the expenses of conducting the business of the city government for the en-
 suing fiscal year. The budget shall | be prepared in such detail as to the
 aggregate sum and the items thereof
 allowed to each department, office and subdivision nf ha pi
 ment, as the commission shall deem
 advisable
 Section 6. The commission shall
 meetings on the second Monday in
 May of each year at ten o'clock in the
 forenoon of said day, and sit as a
 board of equalization and shall con-
 tinue in session from day to day for
 twenty days. They shall have full
 power to hear complaints and to cor
 rect, modify, strike out or to raise any assessment, provided that notice shall be given the party whose as- 1 sessment is to be raised
 Section z. The commission must finally adopt, not later than the first , Tuesday in July an ordinance levy , ing upon the assessed valuation of [ t the provisions of this charter, a rate of taxation upon each one hundred
 dollars of valuation sufficient to raise the amounts estimated to be re- 3 quired in the annual budget, less the
 amounts estimated to be received 5 from fines. license and other sources
 of revenue. They shall then deliver
 the assessment roll to the city tax 9 collector who shall compute and car ry out the amount of the tax so lev
 jed upon each parcel of property contained in said assessment roll l The corrected list of each tax shall f be the assessment roll of said tax r for said year, and it shall be certi- , fled, by the city tax collector as r being the assessment roll of said = city, and thereupon the tax collector : shall deliver said tax roll so certi- I fled to the commission and when the T same is adopted by the commission
 the mayor shall attach his warrant
 thereon. authorizing the tax collector
 to collect the taxes therein, and saiC
 warrant shall be the authority fol . the tax collector to proceed and col 2 lect said taxes as provided by or. = dinance
 
 q by the commission to meet the muni e cipal expenses for each fiscal veal
 shall not exceed except as hereir a provided, the rate of $100 on eacl q one hundred dollars of the assessed if value of all real and personal proper n ty within the city
 Section 9. All taxes shall be uni e form upon the same class of propert! l uyit ha fo 1irnitc hal O be levied and collected for publi, e purposes only; and all property shal O be assessed at it's full cash value l. The term leash value" as used here
 in shall mean the amount at whicl V the property would be taken in pay = ment of a just debt due from a sol e vent debtor.
 e There shall be exempt from taxa = ton all federal, state, county anc ,- municipal property; property of edu e cational, charitable and religious as l., sOciatiOns or institutions not uset x or held for profit shall be exempted {. from taxation.
 l. Public debts as evidenced by tn l. bonds of Arizona, it's counties, muni a cipaliteS or other subdivision, shal = also be exempt from taxation; ther e shall further be exempt from taxa c tion the property of widows anC # minors, residents of this city, not eX f ceeding the sum of one thousand dol l. lars where the total assessment o e such widow or minor does not ex l. Ceed two thousand dollars; all prop e erty in the city not exempt under tn =. laws of the United States, the laws O l.. the State of Arizona and the charte @ and ordinances of this city shall b.
 subject to taxation to be ascertainet V. as provided by ordinance; provide' . however, that the commission may re l. duce the assessment of improvement 1t on real estate below their cash valu
 or exempt the value of all improve h ments on real estate
 10 Section 10. The commission shal l. have the power to levy and collec Il taxes in addition to the taxes hereil
 authorized to be levied and collected
 sufficient to pay the interest an'
 maintain the sinking fund of tn
 bonded indebtedness of the city an le to provide for the establishment an st support of free public libraries an