HomeMy WebLinkAbout1999-044 Ad Valorem Tax f
ORDINANCE A
106%
ORDINANCE NO. 99- 44
AN ORDINANCE relating to the annual property tax levy; authorizing an increase in the
City's regular levy from the amount levied the previous year.
WHEREAS, RCW 84.55.120 requires a taxing district that collects regular levies to hold
a public hearing on revenue sources for the district's following year's current expense budget,
including consideration of possible increases in property tax revenues; and
WHEREAS, pursuant to RCW 84.55.120 and the City Charter, on November 2, 1999,
upon due and proper legal notice, the Yakima City Council held a public hearing to consider
the City's general government budget, general revenue requirements for the 2000 calendar
year, and the total levy amount pertaining to 2000 revenues from real and personal property
taxes; and
WHEREAS, Section 209 of Referendum Bill 47 (RCW 84.55.120) provides that no
increase in property tax revenue, other than that resulting from the addition of new
construction and improvements to property in any increase in the value of state- assessed
property, may be authorized by a taxing district, except by adoption of a separate ordinance or
resolution, pursuant to notice, specifically authorizing the increase in terms of both dollars and
percentage; and
WHEREAS, the City Council, after the public hearing on November 2, 1999, and after
duly considering all relevant evidence and testimony presented, has determined that the City
requires an increase in property tax revenue from the previous year, in addition to the increase
resulting from the addition of new construction and improvements to property and any
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increase in the value of state - assessed property, in order to discharge the expected expenses
and obligations of the City, and as being necessary and in the best interests of the citizens of
the City of Yakima; and
WHEREAS, the amount of property tax levied for collection in 1999 was $9,833,718 for
general government purposes; and
WHEREAS, the discretionary increase in property tax levied for collection in 2000 shall
be in the amount of $590,023, which is a percentage increase of six percent (6 %) from the
previous year; and
WHEREAS, the non - discretionary increases in property tax levied for collection in 2000
can only be estimated due to the absence of final values to be provided by the Yakima County
Assessor, now, therefore,
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ORDINANCE A
106%
BE IT ORDAINED BY THE CITY OF YAKIMA:
Section 1. The following increases in the regular property tax levy, over the amount
of the previous year's levy, are hereby authorized to be cumulatively levied for collection in
2000:
A. A discretionary increase of $590,023, which is a percentage increase of six
percent (6 %) over the amount levied for collection in 1999; plus
B. An estimated increase of $178,737 for recent annexations; plus ° -
C. An estimated increase of $152,832 for new construction and
improvements to property; plus
D. An increase authorized by state law for state - assessed property 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: John Puccinelli, Mayor
City Clerk
Publication Date: 11 - 12 - 99
Effective Date: 11 - 09 - 99
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BUSINESS OF THE CITY COUNCIL
YAKIMA, WASHINGTON
AGENDA STATEMENT
Item No. (9-
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 Ad 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
APPROVED FOR SUBMITTAL: '` ��' �_'� ; - Ns
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