Loading...
HomeMy WebLinkAbout2991 Property Tax Levy for 2009ORDINANCE NO. 2991 AN ORDINANCE OF THE CITY OF PORT TOWNSEND FIXING AND ADOPTING 2009 PROPERTY TAX LEVIES WITH AN INCREASE OF TWENTY SIX AND SEVEN TENTHS PERCENT (26.70%) FOR THE GENERAL LEVY AND AN INCREASE OF ONE PERCENT (1%) FOR THE EMERGENCY MEDICAL SERVICES LEVY WHEREAS, the City of Port Townsend has properly given notice of the public hearing held on October 20, 2008, to consider the City of Port Townsend's General Fund, Library Fund, Fire and Emergency Medical Services Fund, Debt Service Fund and Firemen Pension Fund budget for the 2009 calendar year, pursuant to RCW 84.55.120; and WHEREAS, at an election held August 19, 2008, the voters of the City of Port Townsend approved by a large majority a real property tax levy lid lift for a total authorized levy rate of $2.31 per thousand dollars of assessed valuation. In accordance with City Council Resolution 08-019, the amounts collected from the levy increase, in the amount of $0.75 per thousand dollars of assessed valuation, are dedicated to be used solely for library purposes at all times, and the general fund amounts that had previously supported the library are intended for the following purposes: parks, community services and capital facilities; and WHEREAS, in accordance with City Council Resolution 08-019, the City Council has committed to phase in the levy lid lift over three fiscal years: 2009 levy rate of $1.94 ($0.75 for library purposes, $0.75 for fire services per contract with Fire District No. 1), and $0.44 for other services including parks, community services and capital facilities), 2010 levy rate of $2.16, and 2011 levy rate of $2.31 per thousand dollars of assessed valuation; and WHEREAS, the City of Port Townsend, after hearing, and after duly considering all relevant evidence and testimony presented, has determined that the City of Port Townsend requires an increase in real property tax revenue from the previous year, in addition to the increase in the value of state-assessed property, in order to discharge the expected expenses and obligations of the City of Port Townsend and in its best interest, NOW THEREFORE, the City Council of the City of Port Townsend does ordain that an increase in the regular property tax levy, in addition to any amount resulting from the addition of new construction and improvements to property and any increase in the value of state-assessed property, is hereby authorized for the 2009 levy in amounts as follows: Section 1. There is hereby levied upon all taxable property in the Cify of Port Townsend, for the year of 2009, the sum of $ 2,417,826.00 as a general tax levy, which is a percentage increase of 26.70%, resulting in an increase of $509,518.00 from the previous year. 1 Ordinance 2991 Section 2. There is hereby levied upon all taxable property in the City of Port Townsend, for the year of 2009, the sum of $392,253.38 as an emergency medical services property tax levy, which is a percentage increase of 1.00°l0, resulting in an increase of $3,883.70 from the previous year. Section 3. This ordinance shall take effect upon its passage, approval, and publication in the form and manner provided by law. Adopted by the City Council of the City of Port Townsend, Washington, at a regular meeting thereof, held this twentieth day of October, 2008. Attest: l c~ Pamela Kolacy, MMC City Clerk Michelle Sandoval, Mayor Approved as to form: ~1 ~~ John Watts City Attorney Ordinance ?991