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HomeMy WebLinkAbout2827 Property Tax Levy for 2003ORDINANCE NO. 2827 AN ORDINANCE FIXING AND ADOPTING 2003 PROPERTY TAX LEVIES WHEREAS, the City of Port Townsend has properly given notice of the public hearing held on October 28, 2002, to consider the City of Port Townsend's General Fund, Contingency Fund, Bond Fund, and Firemen Pension Fund budget for the 2003 calendar year, pursuant to RCW 84.55.120; 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 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 2003 levy in amounts as follows: Section 1. There is hereby levied upon all taxable property in the City of Port Townsend, for the year of 2003, the sum of $1,379,465.00 as a general tax levy, which is a percentage increase of 1.0 % from the previous year. Section 2. There is hereby levied upon all taxable property in the City of Port Townsend, for the year of 2003, the sum of $312,555.79 as an emergency medical services tax levy, which is a percentage increase of 1.0% 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 sixteenth day of December, 2002. Attest: Pamela Kolacy, CMC, Cit55~121erk Approved as to form: John Watts, City Attorney 1 Ordinance 2827 THE UNDERSIGNED PORT TOWNSEND CITY COUNCIL MEMBERS HAVE ALL VOTED TO PASS ORDINANCE 2827, AN ORDINANCE FIXING AND ADOPTING 2003 PROPERTY TAX LEVIES: ~da Fenn y-~ Geoff Masci Michelle Sandoval Alan Youse Joe ~~n~ V ~1 v v .... 2 Ordinance 2827