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HomeMy WebLinkAbout19-11• • RESOLUTION NO. 1 9 -1 1 A RESOLUTION of the City Council of the City of Port Angeles, Washington, authorizing an increase in the regular property tax levy of 0 %, or $0.00, over the highest lawful levy for 2011. WHEREAS, the City Council of the City of Port Angeles has met and considered its budget for the calendar year 2012; and WHEREAS, the City's actual levy amount from the previous year was $4,090,073; and WHEREAS, the population of the City is more than 10,000; NOW, THEREFORE, BE IT RESOLVED by the City Council of the City of Port Angeles that a regular property tax levy is hereby authorized for the levy to be collected in the 2012 tax year. The dollar amount of the increase over the actual levy amount from the previous year shall be $0.00 which is a percentage increase of 0 % from the previous year. This increase is exclusive of additional revenue resulting from new construction, improvements to property, newly constructed wind turbines, any increase in the value of state assessed property, any annexations that have occurred and refunds made. The City further intends that any unused levy capacity available to it under chapter 84.55 RCW as a result of this ordinance is banked for future use in accordance with RCW 84.55.092. This furthers the underlying purpose of that statute by removing the adverse consequences to future levy capacities resulting from the decision of the City Council to levy less than the maximum amount for collection in 2012. • • PASSED by the City Council of the City of Port Angeles at a regular meeting of said Council held on the 1 5 t belay of November, 2011. ATTEST: Ta "s • a Hurd, City Clerk G.ILEGALIa ORDI NAN CES& RESOLU TIONSIRESOLUTI ONS.2011122.PropertyTax,O.11.07 11 wpd -2- APPROVED AS TO FORM: ■ William E. Bloor, City Attorney