HomeMy WebLinkAbout2019-036 Fixing and Levying Ad Valorem TaxesAN ORDINANCE
ORDINANCE NO. 2019-036
fixing and levying the amount of ad valorem taxes necessary to discharge
the expected expenses and obligations for the 2020 Budget for the City of
Yakima.
WHEREAS, the City Council finds that the total net amount of $20,159,678 in revenue
must be raised by ad valorem taxes on real and personal property within the corporate limits of
the City of Yakima to discharge the expected expenses and obligations for the 2020 Budget for
the City of Yakima, now therefore,
BE IT ORDAINED BY THE CITY OF YAKIMA:
Section 1. There is hereby fixed to be raised by general property taxes upon real and
personal property within the City of Yakima the amount of $20,159,678 for the following purposes:
General Government Levy
Operating Funds $19,085,060
Firemen's Relief & Pension Fund 1,074,618
Amount of tax levy for General
Government Purposes (1) $20,159,678
Special Purpose Tax Levy 0
Total Levy Amount (1) $20,159,678
(1) Includes an additional $100,000 to provide for final adjustments in State
assessed, refunds, new construction, and annexation values.
Section 2. The City Clerk is directed to transmit and file a certified copy of this
ordinance with the Board of Yakima County Commissioners and the Yakima County Assessor on
or before November 30, 2019.
Section 3. Pursuant to Article VI, Section 2 of the Yakima City Charter, this ordinance
shall take effect on November 5, 2019.
PASSED BY THE CITY COUNCIL, signed and approved this 5th day of November, 2019.
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Sdny Clear Tee, City Clerk
Publication Date: November 8, 2019y J�
Effective Date: November 5, 2019
1
ITEM TITLE:
BUSINESS OF THE CITY COUNCIL
YAKIMA, WASHINGTON
AGENDA STATEM ENT
Item No. 10.
For Meeting of: November 5, 2019
Public hearing and ordinances pertaining to Ad Valorem Taxes to
be levied for collection in Fiscal Year
2020
SUBMITTED BY: Cynthia Martinez, Interim City Manager
Steve Groom, Director of Finance & Budget
SUMMARY EXPLANATION:
This agenda item includes two (2) separate ordinances, steps required by statute to establish the
property tax levy.
Ordinance A identifies Council's intent to authorize an increase in the tax levy over 2019 levels. It
is required by RCW 84.55.120. This is legally necessary to increase the 2020 tax collections by
any amount over 2019 levels.
Ordinance B fixes the maximum tax levy for collection by the City in 2020. This ordinance
complies with RCW 35.33.135 and in accordance with Article VI I, Section 2 of the City Charter,
requires a super -majority approval (i.e. a minimum affirmative vote of five members) by City
Council.
ITEM BUDGETED:
Yes
STRATEGIC PRIORITY: Public Trust and Accountability
APPROVED FOR
SUBMITTAL:
STAFF RECOMMENDATION:
Pass ordinances.
BOARD/COMMITTEE RECOMMENDATION:
Interim City Manager
2
ATTACHMENTS:
Description Upload Date Type
D 2020 Property Tax Levy Memorandum 10/24,2019 Cover Memo
D Ordnance A 10124/2019 CLAcr Memo
D Ordnance B 10/2412019 amer Memo