HomeMy WebLinkAbout02-212 AGENDA BILL
BREMERTON CITY COUNCIL
~ ORDINANCE NO. /3/' ~ ~)- ~' FOR AGENDA OF:
ORIGINATING DEPT: Finance
Levying Properly Taxes for Collection in 2003 ORIGINATOR: Dick Saunders
DATE SUBMITTED: Oct. 11,2002
· ~.~ent of back if necessary) 3. EXHIBITS:
% ~1111
Dir. Admin. Serv~~.._.... Ordinance
City Attor~.,~L'"~ _, __ __~ Schedule of 2002 and 2003 Levies
FiscalandBudget .~~
Operations ~'~
E NDORSEN~iI~~ORM~ON __APPROVED BY COUNCIL PRESIDENT FOR SUBMI'FFAL:
MAYOR~'-"- ~' ~ b,'~:~[;~'~ -- C--~NCIL PRESIDENT //~C~
4, SUMMARY STATEMENT AND REQUIREMENT FOR COUNCIl= ACTION;
The City's properly taxes are levied on an annual basis through passage of an ordinance. The proposed ordinance
will implement a general properly tax levy and a voted EMS levy at the statutory rate limit as well as a bond
redemption levy at a rate adequate to provide funds necessary to meet debt service obligations.
move to pass on second reading Ordinance No. ~ levying properly taxes for collection in 2003.
I
9, RESPONSIBLE OFFICIAL: Finance Director
ENFORCEMENT OFFICIAL: Mayor
EXPIRATION DATE: 12/31/03
REVIEW DATE: N/A
PULLED TABLED APPR VED AMENDED
tl. AGENDA BILL NO: 0~',~- c,~l .'~_
2. CLEARANCE COMMENTS:
5. IMPACT ON NON-PASSAGE:
The City will not levy property taxes in FY 2003 and will forego approximately $7 million of revenue in the General
Fund and Bond Fund.
6. IMPACT ON STAFFING. BUDGETS. FACILITIES. EQUIPMENT OR OTHER RESOURCES:
As presented in the 2003 Budget.
7. RESEARCH SOURCES:
Title 84 RCW and Kitsap County Assessor.