Arizona republican., 1912-09-25

dClotll lilt ODJCCNS lIltIt tcl, ItHuli GU 1 for the business and conduct of the affairs of their respective depart
 ments and offices, during the next
 ensuing fiscal year.
 1 Section 4. On or before the first l Monday in December in each year. or on such date in each year as shall 1 be fixed by the commission, each divi- sion head shall submit to the com 1 mission the said several estimates and reports of the chief officers of l his division, and his own personal report and recommendation and esti- mat as to the probable expenditures of his division for the next ensuing l fiscal year, stating the amount in de l tail required to meet all expenditures necessary for his division, including 1 interest and sinking funds for out standing indebtedness. if any therein, 1 also an estimate of the amount of the ! income expected from all sources in l his division and the probable amount required to be raised by taxation to cover such expenditures, interest and sinking funds.
 1 Section ,: The commission shall meet annually prior to fixing the tax Ilevy and make a budget Of the es- 1 tinated amounts required to pay the i expenses of conducting the business 1 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 s. The commission shall meet at their usual place of holding
 meetings on the second Monday in 1 May of each year at ten o'clock in the | forenoon of said day, and sit as a board of equalization and shall con l tinue in session from day to day for i 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 of the property in the city, subject to the provisions of this charter, a rate (
 dollars of valuation sufficient to raise
 the amounts estimated to be re
 quired in the annual budget, less the
 amounts estimated to be received
 from fines, license and other sources
 of revenue. They shall then deliver the assessment roll to the city tax
 collector who shall compute and car
 ry out the amount of the tax so lev
 
 contained in said assessment roll The corrected list of each tax shall : be the assessment roll of said tax
 for said year, and it shall be certi- fled, by the city tax collector as being the assessment roll of said
 city, and thereupOn the tax collector
 shall deliver said tax roll so certi-
 fled to the commission and when the
 same is adopted by the commission
 the mayor shall attach his warrant
 thereon, authorizing the tax collector
 to collect the taxes therein, and said
 warrant shall be the authority fol the tax collector to proceed and col lect said taxes as provided by or : dinance.
 Section S. The tax levy authorized l by the commission to meet the muni- 2 cipal expenses for each fiscal veal
 shall not exceed. except as herer l provided, the rate of $1O0 on eacl l one hundred dollars of the assessed f value of all real and personal proper l ty within the city.
 Section 9. All taxes shall be uni g form upon the same class of property 9 within the corporate limits. and shal 3 be levied and collected for public Q purposes only; and all property shal 3 be assessed at it's full cash value . The term leash value" as used here
 in shall mean the amount at whicl ' the property would be taken in pay = ment of a just debt due from a sol 9 vent debtor
 e There shall be exempt from taxa - tion all federal, state, county anC = municipal property; property of edu- @ cational charitable and religious as
 sociations or institutions not uset K or held for profit shall be exempted :. from taxation.
 Public debts as evidenced by tho = bonds of Arizona, it's counties, muni- a cipalities or other subdivision, shal
 also be exempt from taxation; there e shall further be exempt from taxa. c tion the property of widows anC { minors, residents of this city, not eX , ceeding the sum of one thousand dol lars, where the total assessment O e 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 e and ordinances of this city shall b'
 subject to taxation to be ascertaineC ?, as provided by ordinance; provided . however that the commission may re = duce the assessment of improvement t on real estate below their cash valu'
 or exempt the value of all improve h ments on real estate.
 Q Section 10. The commission Shal = have the power to levy and collec ] taxes in addition to the taxes herein
 authorized to be levied and collected
 sufficient to pay the interest anC
 maintain the sinking fund of tn
 bonded indebtedness of the city anC e to provide for the establishment anC t support of free public libraries anc
 reading rooms.
 y. Section II. The commission shal e create and maintain permanent re Il vo1ving fund to be known as the Casl O paSie, LT1pd for tha purDOSp of mt