Arizona republican., 1912-09-29

| the chief officers Of the city shall | send to the head of their respective division, a 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 f. 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, 1 also an estimate of the amount of the 1 income expected from all sources in l his division and the probable amount required to be raised by taxation to i sinking funds.
 Section ,: The commission shall
 meet annually prior to fixing the tax l levy and make 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 of the city govern | ment, as the commission shall deem | advisable
 1 Section 6. 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 l forenoon of said day, and sit as a
 board of equalization and shall con 1 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 of 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 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
 jed upon each parcel of property
 contained in said assessment roll The corrected list of each tax shal
 be the assessment roll of said ta>
 for said year. and it shall be certi-
 fled by the city tax collector as being the assessment roll of saiC
 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 saiC
 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 by the commission to meet the muni cipal expenses for each fiscal veal
 shall not exceed, except as herein provided the rate of s100 on eaci one hundred dollars of the assessed [ value of all real and personal proper l ty within the city.
 Section g. All taxes shall be uni form upon the same class of propert! } within the corporate limits, and shal , be levied and collected for public ; purposes only; and all property shal ) be assessed at it's full cash value The term leash value" as used here
 in shall mean the amount at whicl 7 the property would be taken in pay ment of a just debt due from a sol ? vent debtor.
 ? There shall be exempt from taxa : ton all federal, state, county anc municipal property; property of edu 3 cationaI, charitable and religious as : sociationS or institutions not uSer : or held for profit shall be exempted from taxation.
 Public debts as evidenced by tn . bonds of Arizona, it's counties, muni | cipalites or other subdivision, shal . also be exempt from taxation; ther 9 shall further be exempt from taxa 2 ton the property of widows an' minors residents of this city, not eX ceeding the sum of one thousand dol . lars, where the total assessment o 9 such widow or minor does not eX = ceed two thousand dollars; all prop 9 erty in the city not exempt under tn laws of the United States, the laws O = the State of Arizona and the charte 2 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 t on real estate below their cash Valu
 or exempt the value of all improve I ments on real estate.
 9 Section 10. The commission Shal = have the power to levy and collec 1 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
 f,Tf