Arizona republican., 1912-10-01

send to the head of their respective
 division, careful estimate in writ 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 Monday in December in each year,
 or on such date in each year as shall
 be fixed by the commission, each divi-
 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 of his division for the next ensuing fiscal 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 ,: The commission shall
 meet annually prior to fixing the tax
 levy and make budget Of the es-
 tlmated 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 of the city govern ment, as the commission shall deem
 advisable
 Section $. The commission shall , meet at their usual place of holding 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 i twenty days. They shall have full l power to hear complaints and to cor l rect, modify, strike out or to raise , any assessment, provided that notice 3 shall be given the party whose as- D seSsment is to be raised
 s Section :. The commission must l finally adopt, not later than the first } Tuesday in July an ordinance levy ' ing upon the assessed valuation ot ' the property in the city, subject tC f the provisions of this charter, a rate I of taxation upon each one hundred
 dollars of valuation sufficient to raise = the amounts estimated to be re. Q qured in the annual budget. less tho
 amounts estimated to be received from fines, license and other source.
 of revenue. They shall then deliver
 the assessment roll to the city tay e l 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 II The corrected list of each tax shal f be the assessment roll Of said ta, r for said year, and it shall be certi n fled, by the city tax collector a F being the assessment roll of saiC = city, and thereupOn the tax collectO - shall deliver said tax roll so certi Il fled to the commission and when tn h same is adopted by the comm mission
 the mayor shall attach his warran
 thereon. authorizing the tax collecto
 to collect the taxes therein, and sai,
 warrant shall be the authority fO = the tax collector to proceed and col 2 feet said taxes as provided by or ,- dinance.
 S Section 8. The tax levy authorize d by the commission to meet the muni ,e cipal expenses for each fiscal yea
 shall not exceed, except as herei a provided. the rate of $100 on eac a one hundred dollars of the assesse of value of all real and personal proper m ty within the city.
 Section g. All taxes shall be uni le form upon the same class of propert le within the corporate limits, and sha to be levied and collected for publi ic purposes only; and all property sha to be assessed at it's full cash value D. The term 'cash value" as used here
 in shall mean the amount at whic tv the property would be taken in pay l. ment of a just debt due from sol 1e vent debtor
 1e There shall be exempt from taxa r. tion all federal state, county an e. municipal property: property of edu te catiOnal, charitable and religious as b. socations or institutions not use TX or held for profit shall be exempte It. from taxation.
 i- Public debts as evidenced by tn D. bonds of Arizona, it's counties, muni ia cipalities or other subdivision, sha f also be exempt from taxation; theT ne shall further be exempt from taxa ic tion the property of widows an ct minors residents of this city, not eX 1t, ceeding the sum of one thousand dol S. lars, where the total assessment he such widow or minor does not eS d. Ceed two thousand dollars; all proI he erty in the city not exempt under tf r. laws of the United States, the laws e. the State of Arizona and the chartt te and ordinances of this city shall |
 subject to taxation to be ascertaine V. as provided by ordinance; provide e. however, that the commission may rt -i- duce the assessment of improvement mt on real estate below their cash walt
 or exempt the value of all improve ch ments on real estate.
 he Section 10. The commission sha H. have the power to levy and colle aI taxes in addition to the taxes herei
 authorized to be levied and collecte
 sufficient to pay the interest ar
 maintain the sinking fund of u
 bonded indebtedness of the city ar he to provide for the establishment ar