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<br />The foregoing -estimates as,made by the Board and published in the Vero.Beach Press-
<br />$ournal, a newspaper published in Indian River County, Florida, in the issues of said newspaper
<br />on the 5th and 12th day of July, 1940, were then taken°upi..and considered by the Board.
<br />Commissioner S. E. Glover thereupon offered the following resolution:
<br />BE IT RESOLVED that the tentative budget°of expenditures of this Board for the fiscal
<br />year 1940-41 as approved and adopted by this Board under date of July 2, 1940 be and the same is
<br />amended in so far as the same applies to Special Road and Bridge District No. 4 and Webasso
<br />Bridge District and debt to St. Lucie County, Florida in that the previous references in -said
<br />budget to said three items be stricken therefrom and the following be inserted in lieu thereof:
<br />1940-1941 BUDGET
<br />for
<br />INDIAN RIVER COUNTY, FLORIDA,
<br />SPECIAL ROAD AND BRIDGE DISTRICT NO. 4
<br />REFUNDING BONDS DATED JANUARY 19
<br />193'
<br />For Fiscal Period Beginning October 1, 19409 and ending September 30, 1941.
<br />ESTIMATE OF EXPENSES
<br />Interest and Sinking Fund Requirement pursuant to Section 8 of that -
<br />certain resolution adopted August 17, 1937, authori-zing the issuance
<br />of Refunding Bonds dated January 1, 19379 and for refunding expenses $309000.00
<br />Reserve to September 30, 1940, for Sinking Fund purposes 109000.00
<br />Commissions for Tax Assessor and Tax Collector 765.00
<br />TOTAL ESTIMATED EXPENSES $409765.00
<br />ESTIMATE OF REVENUES
<br />Auto Transportation mileage tax Oct. 11 1940, to Sept. 309 1941 750.00
<br />Tax Redemptions 540.00
<br />Gasoline Tax Distribution Oct. 19 1940, to Sept. 300 1941
<br />(Funds carried in Kanner Bill Account) None
<br />Estimated Cash Carried Over 1,000.00_
<br />Estimate of Revenue from Sources other than ad valorem taxes 29250.00
<br />Ad valorem tax of 12 mills on valuation of $1,275,000.00 for Interest
<br />and Sinking Fund purposes, said levy being made pursuant to peremptory
<br />writ of mandamus in the case of.State, ex rel., Meredith, at al., vs.
<br />Indian River County, Florida, at al., Case No. 2048 in the Circuit Court
<br />Of Indian River County, Florida, proceeds of which said levy shall be
<br />remitted to the State Treasurer as County Treasurer Ex-Offlclo as and
<br />when collected $159300.00
<br />Ad valorem tax of 3 mills on valuation of $1,2759000.00 for Refunding
<br />Expenses, proceeds of which said levy shall be remitted to the Clerk
<br />of the Board of County Commissioners 3.825.00
<br />TOTAL ESTIMATE OF REVENUES $219375.00
<br />95% of Above $209306.25
<br />1940-1941 BUDGET for INDIAN RIVER COUNTY, FLORIDA
<br />WABASSO BRIDGE DISTRICT REFUNDING BONDS DATED JANUARY 1, 1938
<br />For Fiscal .Period Beginning October 1, 1940, and ending September 30, 1941.
<br />ESTIMATE OF EXPENSES
<br />Interest and Sinking Fund Requirement pursuant to Section 4 (b) that
<br />certain resolution adopted December 7, 1937, authorizing the -issuance
<br />of Refunding Bonds dated January 1, 3.938,,, and for refunding expenses
<br />Commissions for Tax Assessor and Tax Collector,
<br />TOTAL ESTIMATED EXPENSES
<br />ESTIMATE OF REVEN
<br />Auto Transportation mileage tax Oct. 10 19409 to Sept. 30,1941
<br />Tax Redemptions
<br />$ 5, 000._00
<br />100.00
<br />$ 5,100.00
<br />$ 125.00
<br />50.00
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