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HomeMy WebLinkAbout11/17/2010 7A DATE SUBMITTED: November 10, 2010 AGENDA BILL CITY OF BREMERTON CITY COUNCIL 74A ■■ eeeeeeeeeeeeeeeeeeeeeeeeeeeeeeeeeeeeeeeeeeeeeeeeeeeeeeeeeeeeeeeeeeeeeeeeeeeeeeeeeeeee SUBJECT: Public Hearing on Revenue Committee Meeting Date: November 4 & 9, 2010 Sources for the 2011 Budget: and Ordinance COUNCIL MEETING Date: November 17, 2010 No. 5 1 ;: q , levying Property Taxes for Department: Financial Services collection in 2011 Presenter: Cathy Johnson Phone: 473 -5296 SUMMARY: The City's property taxes are levied on an annual basis through passage of an ordinance. The proposed ordinance will implement a general property tax levy and a voted EMS levy at the statutory rate limit was well as a bond redemption levy at a rate adequate to provide funds necessary to meet debt service obligations. ATTACHMENTS: Ordinance No. 5 I q FISCAL IMPACTS (Include Budgeted Amount): The proposed 2011 budget anticipates property tax revenues based on this action. APPROVALS: DEPARTMENT DIRECTOR: CITY ATTORNEY: FINANCE DIRECTOR: MAYOR: COMMITTEE CHAIR A _ COUNCIL PRESIDENT: CONSENT AGENDA ❑ GENERAL BUSINESS ❑ PUBLIC HEARING RECOMMENDED MOTION: Move to approve Ordinance No. levying property taxes for collection in 2011. Imo a c n2gtl,iO on RevenLkc 50u r'Ce.S ... ?Wb C- Commepi+ only, COUNCIL ACTION: MApprove ❑ Deny ❑ Table ❑ Continue ❑ No Action r