Loading...
HomeMy WebLinkAbout3188 Fixing and Adopting 2018 Property Tax Levies for the General LevyOrdinance 3188 Page 1 of 2 ORDINANCE NO.3188 AN ORDINANCE OF THE CITY OF PORT TOWNSEND, WASHINGTON, FIXING AND ADOPTING 2018 PROPERTY TAX LEVIES FOR THE GENERAL LEVY WITH A TOTAL INCREASE OF ONE PERCENT (1.00%) AND FOR THE EMERGENCY MEDICAL SERVICES LEVY AN INCREASE OF APPROXIMATELY THREE AND 0/10 PERCENT (3.00%) (INCLUDES BANKED CAPACITY) AND A VOTER - APPROVED TAX LEVY FOR THE MOUNTAIN VIEW COMMONS CAPITAL IMPROVEMENTS OF $150,000 FOR THE UNLIMITED TAX GENERAL OBLIGATION BONDS WHEREAS, as provided by and pursuant to RCW 84.55.120 and other applicable statutes, the City of Port Townsend has properly given notice of the public hearing held on November 6, 2017, to consider the City of Port Townsend's General Fund, Contingency Fund, Library Fund, Fire and Emergency Medical Services Fund, Community Services Fund, Debt Service Fund and Firemen Pension Fund budget for the 2018 calendar year, pursuant to RCW 84.55.120; and, WHEREAS, RCW 84.52.070 requires the City to certify to the County the amount of taxes to be levied upon the property within the City by November 301" of each year; and, WHEREAS, at the February 10, 2015 special election, the citizens of Port Townsend approved an additional property tax of $0.1005 per $1,000 of assessed property value for improvements to the Mountain View Commons facility and to repay any interim financing used for those improvements; 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 for the General Levy and EMS Levy, 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 do ordain as follows: Section 1. That an increase in the regular property tax levy of 1.0%, 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, and any increase due to re -levying for any refunds made in the previous year, is hereby authorized for the 2018 levy in amounts as follows: 1.1. There is hereby levied upon all taxable property in the City of Port Townsend, for the year of 2018, the sum of $4,007,630 as a general tax levy, which is a percentage increase of 1.0%, 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, and any increase due to re -levying for any refunds and cancellations/supplementals made in the previous year, resulting in an increase of $39,679 from the previous year. Ordinance 3188 Page 2 of 2 1.2. In addition to the above, there is hereby levied upon all taxable property in the City of Port Townsend, for the year of 2018, the sum of $742,425 as an emergency medical services property tax levy, which is a percentage increase of approximately 3.0% (includes banked capacity), resulting in an increase of $21,624 from the previous year due to assessed value revisions. 1.3. In addition to the above, there is hereby levied upon all taxable property in the City of Port Townsend, for the year of 2018, the sum of $150,000 for the 2015 Unlimited Tax General Obligation Bonds approved by voters in February 2015 for capital improvements at the Mountain View Commons, which is a tax levy at approximately $0.10500 per $1,000 assessed value. Section 2. If any provision of this Ordinance or its application to any person or circumstance is held invalid, the remainder of the ordinance, or the application of the provision to other persons or circumstances, is not affected. 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 13th day of November, 2017.. I,boY°alp S. S t:unsc Mayor Attest.• Joanna Sanders, MMC City Clerk Approved as to form: Steven L Gros, City Attorney