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HomeMy WebLinkAbout23-10• • that: RESOLUTION NO. 23 - 1 0 A RESOLUTION of the City Council of the City of Port Angeles, Washington, authorizing an increase in the regular property tax levy of 1 %, or $40,576, over the highest lawful levy for 2010. WHEREAS, pursuant to RCW 35A.33.135, the City Manager is required to provide the City Council with current information on estimates of revenues from all sources, together with estimates submitted by the Finance Director, for consideration of the City's total anticipated financial requirements for the ensuing fiscal year, and the City Council is required to determine Ind fix by ordinance the amount to be levied by ad valorem taxes; and WHEREAS, the City Council has conducted public hearings on expected resources and yxpenses for 2011 and on the need for an increase in the regular ad valorem property tax levy for the fiscal year 2011; and WHEREAS, the City Council, after such hearings and after duly considering relevant evidence and factors, has determined that in order to discharge the expected expenses and Dbligations of the City, there is a need for an increase in the regular property tax levy, in addition to any amount resulting from the addition of new construction, improvements to property, Annexations, and any increase in the value of state - assessed property and refunds made, NOW, THEREFORE, BE IT RESOLVED by the City Council of the City of Port Angeles Section 1. After thoroughly reviewing the information relating to revenues and expenses for 2011, and public testimony on the same, the City Council finds that the City has a ;ubstantiai need to increase its 2011 tax levy to one hundred one percent of its 2010 levy, as Allowed by Chapter 84.55 RCW. • • Section 2. In addition to any amount resulting from the addition of new construction, improvements to property, annexations, any increase in the value of the state - assessed property, and refunds made, an increase in the regular property tax levy is hereby authorized for the levy to be collected in the 2011 tax year, in the amount of one percent, or $40,576, over the highest lawful levy for 2010. PASSED by the City Council of the City of Port Angeles at a regular meeting of said Council held on the 1 t h day of November, 2010. ATTEST: J a Hurd, City Clerk G:\LEGAL \a ORDINANCES&RESOLUTIONSU RESOLUTIONS .2010\25.PropertyTax.102610.wpd -2- MAYOR APPROVED AS TO FORM: William E. Bloor, City Attorney