Arizona republican., 1912-10-05

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- tail 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 l hls division and the probable amount 1 required to be raised by taxation to cover such expenditures, interest and
 sinking funds.
 Section 5: 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 1 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 6. 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
 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- sessment is to be raised
 Section :. The commission must
 finally adopt, not later than the first
 Tuesday in July an ordinance levy
 ing upon the assessed valuation oi
 the property in the city, subject tC
 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
 quired 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 !, collector who shall compute and car.
 ry out the amount of the tax so lev
 fed upon each parcel of property
 contained in said assessment roll The corrected list of each tax shal be the assessment roll of said tay
 for said year, and it shall be certi- , fled. by the city tax collector a! being the assessment roll of saiC
 city, and thereupon the tax collector
 shall deliver said tax roll so certi. l fled to the commission and when tn, same is adopted by the commission
 the mayor shall attach his warran
 thereon, authorizing the tax collector
 to collect the taxes therein. and saiC
 warrant shall be the authority fo the tax collector to proceed and col z lect said taxes as provided by or dinance.
 , Section s. The tax levy authorized l by the commission to. meet the muni ? cipal expenses for each fiscal yea
 shall not exceed. except as hereii l provided, the rate of S100 on eacl ] one hundred dollars of the assesse, f value of all real and personal proper I ty within the city.
 Section g. All taxes shall be uni g form upon the same class of propert e within the corporate limits, and shal D be levied and collected for publi c purposes only; and all property shal D be assessed at it's full cash value : The term "cash value" as used here
 in shall mean the amount at whic 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 an : municipal property; property of edu @ cational, charitable and religious as : sociations or institutions not use x or held for profit shall be exempte !, from taxation.
 = Public debts as evidenced by tn . bonds of Arizona, it's counties, muni a 1 ClpdlilleS UT JULIET SuDulNl lSlOll, SIld : also be exempt from taxation; ther e shall further be exempt from taxa c tion the property of widows an t minors, residents of this city. not ex !. ceeding the sum of one thousand dol = lars, where the total assessment o Q such widow or minor does not ex = Ceed two thousand dollars; all prop e erty in the city not exempt under tn . laws of the United States, the laws O - the State of Arizona and the charte Q and ordinances of this city shall b
 subject to taxation to be ascertaine :. as provided by ordinance; provide : however, that the commission may re . duce the assessment of improvement f on real estate below their cash valu
 or exempt the value of all improve h ments on real estate.
 @ Section 10. The commission shal . have the power to levy and collec l taxes in addition to the taxes herei
 authorized to be levied and collected
 sufficient to pay the interest an
 maintain the sinking fund of tn
 bonded indebtedness of the city an e to provide for the establishment an | froa r1ublio lihra am