CITY OF REVELSTOKE
BYLAW NO. 1514
A Bylaw for the Purpose of Adopting the Annual Budget and Tax Rates for the Year 1995
WHEREAS in accordance with the provisions of Sections 264 and 273 of the Municipal Act, Council is required, by bylaw to adopt the annual budget estimates of the municipality on or before the fifteenth day of May of each year.
AND WHEREAS a levy shall be imposed on all taxable land and improvements within the City of Revelstoke, according to the assessed value thereof, at a rate to provide the total of the amount to be raised by taxation.
NOW THEREFORE, the Council of the City of Revelstoke in open meeting assembled enacts as follows:
1. Schedule "A" attached hereto, providing for a gross expenditure of $11,965,700 and made part of this bylaw is herby adopted and is the annual budget of the City of Revelstoke for the year ending 31 December 1995.
2. The following rates are hereby imposed and levied for the year 1995 as shown in Schedule "B" attached hereto:
(a) For all lawful general purposes of the municipality on
the value of land and improvements taxable for general municipal purposes, rates appearing in Column "I" of the schedule attached hereto and forming part hereof.
(b) For debt purposes on the value of land and improvements taxable for general municipal purposes, rates appearing in Column "II" of the schedule attached hereto and forming a part hereof.
(c) For debt purposes on the value of land and improvements taxable for general municipal purposes excluding residential class for Specified Area purposes as established by Bylaw No. 1305, 1986. Rates appearing in Column "III" of the schedule attached hereto and forming part hereof.
(d) For hospital purposes on the value of land and improvements taxable for Regional Hospital District purposes, rates appearing in Column "IV" of the schedule attached hereto and forming a part hereof.
(e) For purposes of the Columbia-Shuswap Regional District on the value of land and improvements taxable for Regional Hospital District purposes, rates appearing in Column "V" of the schedule attached hereto and forming a part hereof.
3. The minimum amount of taxation upon a parcel of real property shall be one dollar ($1.00).
4. This bylaw may be cited for all purposes as "The City of Revelstoke Annual Budget and Tax Bylaw No. 1514, 1995".
Page 2
Bylaw No. 1514, 1995
READ A FIRST TIME THIS 8th DAY OF MAY, 1995.
READ A SECOND TIME THIS 8th DAY OF MAY, 1995.
READ A THIRD TIME THIS 8th DAY OF MAY, 1995.
RECONSIDERED AND FINALLY ADOPTED THIS 10th DAY OF MAY, 1995.
CLERK MAYOR
I hereby certify that the forgoing is a true and correct copy of the "City of Revelstoke Annual Budget and Tax Rates Bylaw No. 1514, 1995".
CLERK
SCHEDULE "A"
CITY OF REVELSTOKE
BYLAW NO. 1514
1995
GENERAL REVENUE
REVENUE
Taxation $ 2,790,800
Grants-in-lieu of taxes 1,136,200
Sale of service 1,462,000
Other revenue from own sources 434,500
Unconditional transfers from other governments 481,000
Conditional transfers from other governments 104,950
Transfers from own funds 1,135,200
Collection for other governments 3,403,050
Total General Revenue $10,947,700
EXPENDITURE
Legislative $ 105,000
General government 645,820
Protective services 1,602,090
Transportation services 1,458,200
Environmental health services 320,000
Public health and welfare 61,200
Environmental development 561,550
Recreational and cultural services 1,083,300
Fiscal services 1,707,490
Transmission to other governments 3,403,050
Total General Revenue Expenditure $10,947,700
WATER UTILITY
REVENUE
Sale of services $ 365,000
Water assistance grant 7,000
Prior years' surplus 24,000
Total Water Utility Revenue $ 396,000
EXPENDITURE
Administration $ 110,000
Service and supply 76,600
Transmission and distribution 26,400
Fiscal services 42,000
Capital 41,000
Reserve for future expenditure 100,000
Total Water Utiltiy Expenditure $ 396,000
SEWER UTILITY
REVENUE
Sale of service $ 300,000
Sewage assistance grant 170,000
Frontage charge 94,000
Prior years' surplus 58,000
Total Sewer Utility Revenue $ 622,000
EXPENDITURE
Administation $ 97,000
Sewage collection system 103,500
Treatment and disposal 60,500
Fiscal services 266,000
Reserve for future expenditure 95,000
Total Sewer Utility Expenditure $ 622,000
TOTAL REVENUE $11,965,700
TOTAL EXPENDITURE $11,965,700
SCHEDULE "B"
CITY OF REVELSTOKE
1995 TAX RATES, BYLAW NO. 1514
* Dollars of Tax per $1,000 Assessment
I II III IV V
CLASS GENERAL SPECIFIED
PROPERTY CLASS NO. MUNICIPAL DEBT AREA R.H.D. C.S.R.D.
Residential 1 4.8453 0.4016 2.9092 0.0797 0.4861
Utilities 2 46.5604 3.6991 2.9092 0.2790 1.7014
Industrial Major 4 24.5163 2.0320 2.9092 0.2710 1.6527
Industrial Light 5 22.2793 1.8466 2.9092 0.2710 1.6527
Business 6 14.2696 1.1827 2.9092 0.1953 1.1909
Seasonal 8 5.6829 0.4710 2.9092 0.0797 0.4861
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