HomeMy WebLinkAbout12/07/2011 7B AGENDA BILL
CITY OF BREMERTON
CITY COUNCIL
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SUBJECT: An Ordinance of the City - Study Session Date November 9, 2011
Council amending BMC 3 50 relating to the COUNCIL MEETING Date December 7, 2011
utility taxes for Water, Wastewater, and Department Finance
Stormwater utilities Presenter Becky Hasart
Phone 360 -473 -5722
SUMMARY: As part of the 2012 budget, it is proposed to raise the utility tax portion of PILOT on
Wastewater and Stormwater from 9 5% to 14% These changes would increase the total PILOT to
the Wastewater and Stormwater Funds from 15 5% to 20% There would be no change to the PILOT
on the Water Fund
This proposed ordinance was first presented as part of the budget public hearing on November 16,
2011 There were no comments received regarding this specific item
ATTACHMENTS: Ordinance No 5 (7 of the City Council of the City of Bremerton, Washington,
amending Chapter 3 50 of the Bremerton Municipal Code relating to the utility taxes for Water,
Wastewater, and Stormwater utilities
FISCAL IMPACTS (Include Budgeted Amount) If approved, the $104 157 revenue realized from the
increase to the Stormwater Utility would be a tax stream to the -S -tfFund (approximately
$324,044 for the entire 14 %) The $613,666 increase to the Wastewater Fund would be a tax stream
to the General Fund
APPROVALS:
DEPARTMENT DIRECTOR
CITY ATTORNEY
FINANCE DIRECTOR
MAYOR
RECOMMENDED MOTION:
Move to approve Ordinance No 5i70 amending Chapter 3 50 of the Bremerton Municipal Code
relating to the utility taxes for Water, Wastewater, and Stormwater utilities
STUDY SESSION ACTION: ❑ Co sent Bend ❑ General Business Public Hearing
COUNCIL PRESIDENT
COUNCIL ACTION: []Approve ❑ Deny Table ❑ Continue ❑ No Action