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HomeMy WebLinkAbout01-258 AGENDA BILL SREMERTON CITY COUNCIL ,. su.JECT: ORD.,*,CE ,O. 7 8t, FOR AGE,DA OF: ,ov., 200, ~:~4(.C~::~ ~.~IL~"W-~ ORIGINATING DEPT: T~asure~ Levying Pro~y Taxes for Colle~ion in 2002 d ORIGINATOR: Rich Ha~a~ DATE SUBMI~ED: O~. 23~001 ~ Comment of back if neces~) 3. EXHIBITS: Dir. Admin. ~i~s.~ Pro.seal O~,nan~ ~O. ~7 ~l C,y A~omey ~ Schedule of 2001 and 2002 Levies ENDORSE~NTS ~ INFOR~ION APPRO~D BY COUNCIL PRESI~OR SUBMI~AL: 4. SUMMA~ STATEME~ AND EEQUlEEMENT FOE COUNCIL ACT~:~ The City's p~y taxes am levi~ on an annual ~sis through pas~ge of an o~inan~. The pm~sed o~inance will implement a general pm~y tax levy and a voted EMS levy at the ~atuto~ rote limit as well as a ~nd r~em~ion levy at a rote adequate to provide funds necessa~ to meet debt sewice obligations. The language of the o~inan~ h~ ~en stm~ur~ in o~er to ~mply ~th the provisions of Referendum 47. If Initi~ive 747 is pa~ by the votem, the ~ntage incase in se~ions 1. and 2. of the o~inan~ will ~ changed from 1.89% to 1% as pmvid~ in the initiative. · RECOM N ATI N: I move to pass on second reading Ordinance No. ~-~l levying property taxes for collection in 2002. 9. RESPONSIBLE OFFICIAL: Treasurer ENFORCEMENT OFFICIAL: Mayor EXPIRATION DATE: 12/31/2002 REVIEW DATE: N/A 10. NOTICE OF ACTION PULLED~ TABLED__ APPROVED '~ DISAPPROVED AMENDED COUNCIL DIRECTIVE: 11. AGENOA BILL NO: ~/" ~.~'~ 2. CLEARANCE COMMENTS: 5. IMPACT ON NON-PASSAGE: The City will not levy propen'y taxes in FY 2002 and will forego approximately $6 million of revenue in the General Fund and Bond Fund. 6. IMPACT ON STAFFING. BUDGETS. FACILITIES. EQUIPMENT OR OTHER RESOURCES: As presented in the 2001 - 2002 Biennial Budget and mid-biennium review. 7. RESEARCH 8OURCE$: Title 84 RCW and Kitsap County Assessor.