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HomeMy WebLinkAbout77-071KLG:rs 7-11-77 RESOLUTION NO. 77- 71 A RESOLUTION OF THE CITY COUNCIL OF THE CITY OF SANTA ANA FIXING THE AMOUNT OF REVENUE FROM PROPERTY TAXES FOR FISCAL YEAR 1977-78 NEEDED FOR GENERAL MUNICIPAL PURPOSES. BE IT RESOLVED by the City Council of the City of Santa Ana: SECTION 1: This Council hereby determines that the total amount of revenue from property taxes required for general muni- cipal purposes for the City's fiscal year beginning July 1, 1977 and ending June 30, 1978, from the tax levy made in such fiscal year, is the sum of $ 11,446,250 SECTION 2: The above mentioned sum includes moneys which will be received by the City from the State of California in lieu of property tax receipts, by reason of the Home Owners' Property Tax Exemption and by reason of the partial exemption of business inventories, as provided by the laws and statutes of the State of California ADOPTED this 18th day of 3uly , 1977, by the following vote: AYES, COUNCILMEN: Bricken~ Garthe, 0rtiz~ Yamamoto, Evans, Brandt, Ward NOES, COUNCILMEN: None ABSENT, ATTEST: MAYOR APPROVED AS TO FORM: KEITH L. GOW CITY ATTORNEY