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HomeMy WebLinkAbout3129ORDINANCE NO, 3129 AN ORDINANCE of the City of Port Angeles, Washington, authorizing a 1 %, or $32,738, increase in the regular property tax levy plus any increase resulting from new construction and other specified increases in assessed valuation, determining and fixing the amount to be raised by ad valorem taxes for the fiscal year 2003, and directing the City Clerk to certify said amount to the Board of Clallam County Commissioners. WHEREAS, pursuant to RCW 84.55.120, the City of Port Angeles has properly given notice of a public hearing held November 5, 2002, to consider revenue sources for the City's current expense budget for the year 2003; and WHEREAS, the City Council, after such hearing and after duly considering relevant evidence and factors, has determined that 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, in order to discharge the expected expenses and obligations of the City and as may otherwise be in the City's best interest; and 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 as adopted in the current budget, 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 and fix by ordinance the amount to be levied by ad valorem taxes; and WHEREAS, pursuant to RCW 84.52.020, the City Clerk is required to certify the amount of ad valorem taxes to be levied to the Board of Clallam County Commissioners; NOW, THEREFORE, THE CITY COUNCIL OF THE CITY OF PORT ANGELES DOES HEREBY ORDAIN as follows: Section 1. 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 the state - assessed property, is hereby authorized for the year 2003 in the amount of 1 percent over the amount levied for collection in 2002. Section 2. The City Council hereby determines and fixes the amount of ad valorem taxes to be levied for the fiscal year commencing January 1, 2003, as follows: Estimated Rate Amount Regular Levy 3.046 $3,323,070 Plus any amount resulting from the addition of new construction, improvements to property, annexations, and any increase in the value of state - assessed property. Special Levies 1995 G. O. Bond - Library 2001 G. O. Refunding Bond .276 .265 $291,635 $280,630 Section 3. The City Clerk is hereby directed to certify to the Board of Clallam County Commissioners the amount of ad valorem taxes to be levied for the fiscal year commencing January 1, 2003, as set forth in Section 2 of this Ordinance. Section 4. This Ordinance shall take effect five days after publication. PASSED by the City Council of the City of Port Angeles at a regular meeting of said Council held on the 19th day of November , 2002. ATTEST: APPROSIED AS TO FORM: Craig D. Knut3on, City Attorney PUBLISHED November 24, 2002 (By Summary) Summaries of Ordinances Adopted by the Port Angeles City Council on November 19, 2002 Ordinance No. 3128 This Ordinance of the City of Port Angeles, Washington, revises water rates as of January 1, 2003 and amends Ordinance 3029, as amended, and Chapter 13.44 of the Port Angeles Municipal Code. Ordinance No. 3129 This Ordinance of the City of Port Angeles, Washington, authorizes a 1% or $32,738 increase in the regular property tax levy plus any increase resulting from new construction and other specified increases in assessed valuation, and determines and fixes the amount to be raised by ad valorem taxes for the fiscal year 2003. The full texts of the Ordinances are available at City Hall in the City Clerk's office or will be mailed upon request. Office hours are Monday through Friday from 8:00 a.m. to 5:00 p.m. These Ordinances shall take effect five days following the date of publication by summary. Becky J. Upton City Clerk Publish: November 24, 2002