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HomeMy WebLinkAbout2955 Property Tax Levy for 2008 - 11 27 07ORDINANCE N0.2955 AN ORDINANCE OF THE CITY OF PORT TOWNSEND FIXING AND ADOPTING 2008 PROPERTY TAX LEVIES WITH AN INCREASE OF ELEVEN PERCENT (11%) FOR GENERAL LEVY AND ONE PERCENT (1%) FOR THE EMERGENCY MEDICAL SERVICES LEVY; AND AMENDING ORDINANCE 2955 PASSED OCTOBER 15, 2007 WHEREAS, the City of Port Townsend has properly given notice of the public hearing held on October 1, 2007, to consider the City of Port Townsend's General Fund, Fire and Emergency Medical Services Fund, Debt Service Fund and Firemen Pension Fund budget for the 2008 calendaz yeaz, pursuant to RCW 84.55.120; and WHEREAS, on October 15, 2007, the Council passed Ordinance 2955 setting a levy increase of 1 % (the limit set by Initiative 747). On Nov. 8, 2007, the state Supreme Court ruled I- 747 unconstitutional, thereby reinstating the city tax authority as if I-747 never existed; and WHEREAS, City of Port Townsend City Council has determined that the City of Port Townsend requires an increase in property tax revenue from the previous yeaz, in addition to the increase in the value ofstate-assessed property, in order to dischazge the expected expenses and obligations of the City of Port Townsend and in its best interest, and determines to amend Ordinance 2955 as set forth in this Ordinance; and WHEREAS, the increased levy amount of $185,325.49 includes a 1 % increase over the previous year, and $168,540 in banked capacity that existed prior to Initiative 747. WHEREAS, the Council is aware the state legislature is meeting in special session on Nov. 29, 2007, and may take action that limits the City's current 6% authority; and WHEREAS, there is a November 30 deadline (set by state law) for the tax levy ordinance to be submitted to the assessor; Council determines it appropriate to set the levy in this Ordinance to meet the November 30 deadline; and WHEREAS, if Council wants to act on an ordinance setting a levy rate at 6% and utilizing banked capacity, the Council would need to act by the Nov. 30 deadline. NOW THEREFORE, the City Council of the City of Port Townsend does ordain that an increase in the regular property tax levy and Emergency Medical Services 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 ofstate-assessed property, is hereby authorized for the 2008 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 2008, the sum of $1,863,874.49 as a general tax levy, which is an increase of $185,325.49 and a percentage increase of 11 % from the previous yeaz. Section 2. There is hereby levied upon all taxable property in the City of Port Townsend, for the year of 2008, the sum of $381,660.93 as an emergency medical services tax levy, which is an increase of $2,488.46 and a percentage increase of I.00% from the previous year. 1 Ordinance 2955 Section 3. This ordinance shall take effect upon its passage, approval, and publication in the form and manner provided bylaw. Adopted by the Ciry Council of the City of Port Townsend, Washington, at a special meeting thereof, held this twenty-seventh day of November 2007. ~~. - Mark Welch, Mayor Attest: .SCI UL's c G~ Pamela Kolacy, MMC City Clerk Approved as to Form: John Watts City Attorney Pursuant to RCW 84.52.070, the undersigned Councilors certify to the County Assessor the amount of taxes levied upon the property of the City, by Council action taken at a spe~ial meetin he City Council on November 27, 2007. i Mazk Welch, Mayor 2 e,1-c.2.~,_- ,~Z4~--~ ichelle Sandoval, Deputy Mayor Frank Benskin Geoff Masci Laurie edlicott ~,~~,f~---. George Randels Catharine Robinson Ordinance 2955