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City Council Reg. Mtg. Minutes <br />Wednesday, November 7, 2018 <br />Page 3 of 5 <br />7B — PUBLIC HEARING ON REVENUE SOURCES FOR PROPOSED FY -2019 CITY OF <br />BREMERTON BUDGET: Mike Riley, Assistant Finance Director, explained that the purpose of <br />tonight's public hearing is to take comments on the revenue sources for the 2019 Proposed Budget. <br />The proposed budget anticipates property and EMS levy increases of the full 1 % allowed by law, <br />leaves utility tax rates unchanged, but changes the allocation of stormwater taxes to certain funds. <br />The proposed budget also adjusts for the annual $20,000 increase to the B&O tax exemption rate, <br />incorporates utility rate increases and includes interfund transfers between funds where appropriate. <br />Overall, the revenue projections throughout all funds remain conservative. <br />President Younger opened the public hearing... <br />Roy Runyon, Dianne Smart, and David Hood provided comments and questions, with Mr. Riley <br />providing responses... <br />With no further comments received, President Younger closed the Hearing to the public. <br />7C — PUBLIC HEARING (1 OF 2) ON THE PROPOSED FY -2019 CITY OF BREMERTON BUDGET: <br />Mike Riley, Assistant Financial Services Director, explained that the purpose of tonight's public <br />hearing is to take comments on the 2019 Proposed Budget. Budget workshops were held on October <br />25, October 30, and November 1 where an overview of the Mayor's proposed budget was presented <br />to Council. Public comments will be taken into consideration before Council adopts a final ordinance. <br />President Younger opened the public hearing... <br />Roy Runyon and Jerry McDonald provided comments and questions, with Police Chief Jim <br />Burchett providing a response... <br />With no further comments received, President Younger closed the Hearing to the public. He <br />announced the final Public Hearing is scheduled Tuesday, November 20, 2018. <br />GENERAL BUSINESS <br />8A — ORDINANCE NO. 5356 LEVYING PROPERTY TAXES IN 2019: Mike Riley, Assistant <br />Financial Services Director, stated that cities over 10,000 in population are allowed to raise their <br />annual property tax collection by either 1% or the amount of the July Implicit Price Deflator (IPD), <br />whichever is lower. This year, the IPD was 2.169 %. <br />As presented during the public hearing earlier this evening, the City is requesting the full 1 % increase <br />to our general property tax levy over the prior year's collection, as allowed by law. This increase, <br />along with the amounts anticipated for new construction, has been included in the 2019 Proposed <br />Budget. In addition, we are also requesting the full 1 % increase to the EMS levy. The EMS amount <br />anticipated in the 2019 Proposed Budget includes this amount. <br />RCW 84.52.020 requires all taxing districts to "certify to the county legislative authority, for the <br />purpose of levying district taxes ... the amounts to be raised" by property taxes. RCW 84.55.120 <br />requires that the certification includes the enabling tax ordinance setting the property tax rate. These <br />documents must be submitted to Kitsap County by November 30, 2018. <br />Roy Runyon provided comments... <br />07:00:50 Motion was made by Sullivan and seconded by Huddy... Comments were made by <br />Sullivan... <br />07:01:58 M/S/C/U (Sullivan/Huddy) Move to pass Ordinance No. 5356 establishing the amount to be <br />collected in 2019 by taxation on the assessed valuation of taxable property within the City limits of <br />Bremerton and setting the property levy rate. <br />