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HomeMy WebLinkAbout5441ORDINANCE NO. 3441 AN ORDINANCE of the City Council of the City of Bremerton, Washington, establishing the amount to be collected in 2022 by taxation on the assessed valuation of taxable property within the City limits of Bremerton and setting the property levy rate. WHEREAS, the City Council attests that the population of the City of Bremerton for 2021 is 42,560; and WHEREAS, the City Council has properly given notice of the public hearing held on November 3, 2021, to consider the City's revenue sources for the City's General Fund budget; and WHEREAS, the City's actual levy amount from the previous year, including any refunds and abatements levied was $8,124,542; and WHEREAS, the City's actual EMS levy amount from the previous year, including any refunds and abatements levied was $2,074,887; and WHEREAS, the City Council, after hearing and duly considering all relevant evidence and testimony presented, has determined that the City of Bremerton requires a regular levy and EMS levy in the maximum amounts allowable, which is a 1.0% increase to the highest lawful levy allowed by law. NOW THEREFORE, THE CITY COUNCIL OF THE CITY OF BREMERTON, WASHINGT"IN , DOES HEREBY ORDAIN AS FOLLOWS: SECTION I. That an increase in the regular property tax levy is hereby authorized for the levy to be collected in the 2022 tax year. The dollar amount of the increase over the actual levy from the previous year shall be $50,797 which is an effective percent increase of 0.62523% from the previous year levy. This increase is exclusive of additional revenue resulting from new construction, any increase in the value of state assessed property, and any additional amounts resulting from any annexations that have occurred and refunds made. SECTION 2. That an EMS levy is hereby authorized for the levy to be collected in the 2022 tax year. The dollar amount of the increase over the actual levy from the previous year shall be $18,642 which is an effective percent increase of 0.8985% from the highest allowable levy. This increase is exclusive of additional revenue resulting from new construction, any increase in the value of state assessed property, and any additional amounts resulting from any annexations that have occurred and refunds made. This levy is further subject to the maximum allowable levy rate of $0.43 per $1,000 of assessed valuation. 11 2022 Ptopef•ty Tax 0ECTION3. That a property tax levy for debt redemption of the 2010 Public Safety UTGO Refunding Bonds, as previously authorized by the voters, is hereby authorized to levy property taxes to be collected in 2022 at a rate sufficient to provide $900,000 needed to meet debt service obligations in 2022. SECTION 4. That a property tax levy for debt redemption of the 2015 Public Safety UTGO Bonds, as previously authorized by the voters, is hereby authorized to levy property taxes to be collected in 2022 at a rate sufficient to provide $550,000 needed to meet debt service obligations in 2022. SECTIONS. Severability. If any one or more sections, subsections, or sentences of this Ordinance are held to be unconstitutional or invalid, such decision shall not affect the validity of the remaining portion of this Ordinance and the same shall remain in full force and effect. SECTION 6. Effective Date. This ordinance shall take effect and be in force ten (10) days from and after its passage, approval and publication as provided by law. PASSED by the City Council the day of PDVC nI k/ r , 2021 KEVIN 6ORMAN, Council President Approved this Z3� a day of N o.! a.w. �o e. r ATTEST: 2021 a1w��a Mayor APPROVED AS TO FORM: KYLIE FINNELL, City Attorney PUBLISHED the � O day of �D �! G M � � �' , 2021 EFFECTIVE the _day of f lips, em i�e,� , 2021 ORDINANCE NO. 2022 Pfoperty Tax