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HomeMy WebLinkAbout09-070 DATE SUBMITTED: March 18,2009 BILL # ocr... 070 AGENDA BILL CITY OF BREMERTON CITY COUNCIL ........................................................................................ SUBJECT: Ordinance No. 6071 amending BMC Chapter 3.50 to add an additional payment in lieu of tax fee for 2009 Committee Meeting Date: March 25,2009 COUNCIL MEETING Date: April!,2009 Department: Financial Services Presenter: Andy Parks Phone: 473-5722 SUMMARY: The proposed ordinance adds an additional payment in lieu of tax fee for 2009. The payment will generate $550,000 in additional revenue to the General Fund for the 2009 budget year. Spending reductions through labor concessions and other spending reductions will offset the additional payment. ATTACHMENTS: Proposed ordinance FISCAL IMP ACTS (Include Budgeted Amount): The payment will generate $550,000 in additional revenue to the General Fund for the 2009 budget year. Spending reductions through labor concessions and other spending reductions will offset the additional payment. COMMITTEE CHAIR COUNCIL PRESIDENT: APPROV ALS: DEPARTMENT DIRECTOR: CITY ATTORNEY: FINANCE DIRECTOR: MAYOR: CONSENT AGENDA 0 GENERAL BUSINESS PUBLIC HEARING 0 RECOMMENDED MOTION: Move to approve Ordinance No. 501 8 amending BMC Chapter 3.50 relating to utility taxes for water, wastewater and stormwater utilities. COUNCIL ACTION: ~prove o Deny 0 Table o Continue 0 No Action