MINUTE BOOK No. 17, CITY OF OXFORD

60MINUTE BOOK No. 17, CITY OF OXFORD---------------------------- ---------------- -- ---- ------------------- ------------- ------------- --------_.---The Mayor and Board of Ald ermen, pursuant to an order made at a recess RegularMeeting of said Mayor and Board of Aldermen held on September 21, 1956at the City Hall in Oxford, Mississi pi, and in accordance with a notice publishedin The Oxford ~gle, a weekly newspaper issued in Oxford, Mississippi, did meet onthis date October 4, 1956, at the tin'e and place so stipulated heard objectionsto real and personal rolls of said 'jity of Oxford, Mississippi and the assessmentstherein contained, and, in _ all respects, conforrGed to the requirenents of lawconcerning sucb me etings :i)After no objections were had to the assesSFoents rolls of the City of Oxford,and the assessrrents therein contained and the grandtotal of the personal rollshowing $1,654,457, and the grand total of the land roll $4,2l2.955,and the tot~_numbpr of exempt homes at 697 with a total assessEd value of $1,960,491-not exceeding for my one home; th8 amount fixed by the Home Lxemption Act of 1938and the total assessed value of all oth r real property, it is hereby ordered andadjudged by the Mayor and the Board of Aldermen of the City of Oxford, MisSissippithat said rolls and the assessments therein contained, be and they are herebyapproved as determined.The assessment rolls having bRen approved and upon motion made by Alderman Sisk,seconded by Alderman -ELliott and passed unanin'ously, it was ordered by the Mayorand Board of Aldermen that the following tax rates be and the sane are hereby imposedand levied for the year 1956 on all taxable property within the municipality ofOxford, Lafayette ~ounty, Mississippi, as of the first day of January 1956, as follows:EURPOSi", OF FUNDSCorp,oration Fund:General current expenses of the municipality of OxfordLafayette County, Kississippi, as a whole, this fund beingknown as the Corporation Fund.RAT::~IN MILLS5 MillsStreet Fund:Street Maintemnce and SanitationBond Fund:General Bond FlmdSeparate School District Bond and Interest FundSpecial Street Improvement Bond and Interest Fund1953 Special Street Improvement Bond and Interest1954 Special Street Improvement Bond and Interest1955 Special Street Improverr:ent Bond and InterestTot al Bond FundSchool Fund:2 Mills2t Eills2 Millst Mill1 Mill1 MillLMills9 Mills9 MillsMinimum School Program Fund (Sec. 6518-02, Code of 1942) 5 MillsDistrict School Maintenance Fund (Sec. 6518-06, Code of 1942) 10 MillsGRAND TOTAL15 Mills33 MillsOn motion made by Alderman Flliott, seconded by Alderman Sisk and passed unaninously,it was ordered that the budget of Receipts and Disbursements for the fiscal yearOctober 1, 1956 to September 30, 1957 be finally approved and adopted in detail asfollows:CITY OF OXFORD, MISSISSIPPIWC 2:IPTS.!\d val. orem Taxe sPrivilege LicenseTax PenaltiesSundry ReceiptsParking Meter CollectlonsParking Metpr FinesRents ReceivedInt. on Investment at Light PlantTax i'quivalent on Light PlantDue fr0Tl' l"oan to School Fund$29595.006800.00150.00200.008000.00875.0012720.003363.4816000.008000.0r:( "',I- ./