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HomeMy WebLinkAboutORDINANCE 5525ORDINANCE NO. 5525 ANORDINANCEoftheCityCouncil oftheCityof Bremerton, Washington, establishing theamounttobecollectedin 2026 by taxation on the assessed valuation of taxable property within the City limits of Bremerton and setting the property levy rate. WHEREAS, theCityCouncilatteststhatthepopulationoftheCityof Bremertonfor 2025is45,890; and WHEREAS, theCityCouncil hasproperlygivennoticeofthepublichearing heldonNovember 5, 2025, toconsider theCity'srevenue sources fortheCity's General Fundbudget; and WHEREAS, theCity'sactuallevyamount fromtheprevious year, including anyrefundsandabatements levied was $9,262,336; and WHEREAS, theCity'sactualEMSlevyamountfromtheprevious year, includinganyrefunds andabatementslevied was $3,148,146; and WHEREAS, theCityCouncil, after hearing anddulyconsidering allrelevant evidence andtestimonypresented, hasdeterminedthattheCityofBremerton requiresa regularlevyandEMSlevyinthemaximum amountsallowable, whichisa1.0% increaseto thehighest lawfullevyallowed bylaw. NOWTHEREFORE, THECITYCOUNCILOFTHECITYOF BREMERTON, WASHINGTON, DOES HEREBY ORDAIN ASFOLLOWS: SECTION1. Thatanincreaseintheregularproperty taxlevyis herebyauthorizedforthelevytobecollectedinthe2026taxyear. Thedollaramountof theincrease overtheactual levyfromtheprevious year shallbe $0whichisaneffective percentincrease of0% fromthepreviousyearlevy. Thisincrease isexclusiveof additionalrevenue resulting fromnewconstruction, anyincreaseinthevalueofstate assessed property, andanyadditional amounts resulting from anyannexations thathave occurredand refunds made. SECTION2. ThatanEMSlevy isherebyauthorizedforthelevyto becollectedinthe2026taxyear. Thedollaramountoftheincreaseovertheactuallevy fromtheprevious yearshallbe $31,481which isaneffective percentincrease of1.0% overtheprevious yearslevy. Thisincreaseisexclusive of additionalrevenueresulting fromnewconstruction, anyincreaseinthevalueofstateassessedproperty, andany additional amounts resulting fromanyannexations thathaveoccurred andrefunds made. Thislevy isfurthersubject tothemaximum allowable levyrateof $0.50per $1,000of assessed valuation. 1 2026PropertyTax Docusign Envelope ID: 3988DC87-F51F-4D48-8FD0-0108A857A49E SECTION 3. Thatapropertytaxlevyfordebtredemptionofthe2010 Public SafetyUTGORefunding Bonds, as previously authorizedbythevoters, ishereby authorized tolevyproperty taxes tobecollected in2026atarate sufficienttoprovide 900,000needed tomeetdebtservice obligations in2026. SECTION4. Severability. Ifanyoneormore sections, subsections, or sentencesofthisOrdinance areheldtobeunconstitutional or invalid, suchdecision shallnot affect thevalidityoftheremaining portionofthisOrdinance andthesameshallremaininfull forceandeffect. SECTION5. Effective Date. Thisordinance shall take effectandbein forceten (10) daysfromandafteritspassage, approval andpublication asprovided bylaw. PASSED bytheCityCouncilthe dayof ,2025 ERIC YOUNGER, CouncilPresident Approved this dayof , 2025 GREGWHEELER, Mayor ATTEST: APPROVEDASTOFORM: ANGELA HOOVER, CityClerk KYLIE FINNELL, CityAttorney PUBLISHED the dayof , 2025 EFFECTIVE the dayof , 2025 ORDINANCENO. 2 2026PropertyTax Docusign Envelope ID: 3988DC87-F51F-4D48-8FD0-0108A857A49E 5th 7th 17th November 5525 November6th November November