HomeMy WebLinkAbout1999-046 Ad Valorem Tax ORDINANCE C
ORDINANCE NO. 99 - 46
AN ORDINANCE fixing and levying the amount of ad valorem taxes necessary to balance
estimated revenue with estimated expenditures for the 2000 Budget for the
City of Yakima.
WHEREAS, the City Council finds that the total net amount of $11,555,310 in revenue
must be raised by ad valorem taxes on real and personal property within the corporate limits of
the City of Yakima to balance estimated revenues and expenditures for the 2000 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 $11,555,310 for the following
purposes:
General Government Levy
Operating Funds $9,578,310
Firemans' Relief & Pension Fund 1,227,000
Amount of tax levy for General
Government Purposes (1) $10,805,310
Special Purpose Tax Levy 2000 750,000
Total Levy Amount (1) $11,555,310
(1) Includes an additional $50,000 to provide for final adjustments in State assessed, 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 12, 1999.
Section 3. Pursuant to Article VI, Section 2 of the Yakima City Charter, this ordinance
shall take effect on November 9, 1999.
PASSED BY THE CITY COUNCIL, signed and approved this 9th day of November, 1999.
ATTEST: IF John Puccinelli, Mayor
1- .---- , 4 ` c i c
City Clerk
blication Date: 11 - 12 - 99
WWfective Date: 11 - 09 - 99
Qk)ord /ad valorem tpee.99/aip
BUSINESS OF THE CITY COUNCIL
YAKIMA, WASHINGTON
AGENDA STATEMENT
Item No. 4--
For Meeting Of 11/9/99
ITEM TITLE: Consideration of Legislation pertaining to Ad
Valorem Taxes to be collected for the Fiscal 2000 Year.
SUBMITTED BY: Dick Zais, City Manager
Rita M. Anson, Director of Finance & Budget
Cindy Epperson, Accounting Manager
Ray Paolella) City Attorney
CONTACT PERSON/TELEPHONE: Dick Zais / 575 -6040
Rita M. Anson / 575 -6070
Ray Paolella / 575 -6030
Cindy Epperson / 576 -6644
SUMMARY EXPLANATION:
The public hearing for the Valorem Property Taxes to be levied in year 2000 was held on
November 2, 1999. The agenda item previously submitted, which includes the legislation
and supporting documentationm, is attached.
Resolution Ordinances A. B. C Contract Other (Specify) Exhibits I & II Attachments 1 -8
Funding Source
r-� r
APPROVED FOR SUBMITTAL:
City Manager
STAFF RECOMMENDATION: City Management is recommending that the full 6%
property tax levy be authorized again for the year 2000. We believe the basis for
"substantial need" for this levy is compelling and justified.
BOARD /COMMISSION RECOMMENDATION:
COUNCIL ACTION:
Legal /BD
Agenda Ad Val 1
11/5/99