HomeMy WebLinkAbout2022-032 Public hearing and ordinances pertaining to Ad Valorem Taxes to be levied for collection in Fiscal Year 2023 - Ad Valorem TaxesORDINANCE B
AN ORDINANCE
ORDINANCE NO. 2022-032
fixing and levying the amount of ad valorem taxes necessary to discharge
the expected expenses and obligations for the 2023 Budget for the City of
Yakima.
WHEREAS, the City Council finds that the total net amount of $21,759,389 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 2023 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 $21,759,389 for the following purposes:
General Government Levy
Operating Funds $20,959,389
Firemen's Relief & Pension Fund 800,000
Amount of tax levy for General
Government Purposes (1) $21,759,389
Special Purpose Tax Levy 0
Total Levy Amount (1) $21,759,389
(1) Includes an additional $500,000 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, 2022.
Section 3. Pursuant to Article VI, Section 2 of the Yakima City Charter, this ordinance
shall take effect on November 1, 2022.
PASSED BY THE CITY COUNCIL, signed and approved this 1st day of November, 2022.
Janice Deccio, Mayor
ATTEST:
Sonya Claar Tee, City CI
Publication Date: November 4, 2022
Effective Date November 1, 2022
1
ITEM TITLE:
SUBMITTED BY:
BUSINESS OF THE CITY COUNCIL
YAKIMA, WASHINGTON
AGENDA STATEMENT
Item No. 9.
For Meeting of: November 1, 2022
Public hearing and ordinances pertaining to Ad Valorem Taxes to
be levied for collection in Fiscal Year 2023
Bob Harrison, City Manager
Jennifer Ferrer -Santa Ines, Director of Finance and Budget
SUMMARY EXPLANATION:
This agenda item includes two (2) separate Ordinances.
Ordinance A identifies Council's intent to authorize an increase in the tax levy over 2022 levels. It
is required by RCW 84.55.120. This is legally necessary to increase the 2023 tax collections by
any amount over 2022 levels.
Ordinance B fixes the maximum tax levy for collection by the City in 2023. 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 BY THE CITY MANAGER
RECOMMENDATION:
Pass Ordinances.
ATTACHMENTS:
Description
p Ordinance A
0 Ordinance B
p Memo
Upload Date
10/ 19/2022
10/ 19/2022
10/19/2022
Type
Cover Memo
Ordinance
Coker Memo