§ 98 -   Electric department finances

§ 3-98. Council to assess

(a) The city council, at the same meeting and immediately after it gives final approval to the annual city budget, shall assess on the property grand list of said city a tax or taxes which will be sufficient to pay all state and county, and other taxes required by laws of the state and the provisions of this charter and for such other purposes as are herein provided.

(b) The city council shall appropriate in the annual budget for each fiscal year to the payment of state and county taxes, and for the several purposes of other taxes required by law to be assessed upon the property grand list such sum as will be raised by the required tax on the property grand list of which such tax is assessable.