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031-23 - Ordinance - Setting 2024 Property TaxDocuSign Envelope ID: 51ABCC29-09B9-4D24-A52C-3DBD76C04EOB ORDINANCE NO. 031-23 AN ORDINANCE OF THE CITY OF PORT ORCHARD, WASHINGTON, SETTING THE AMOUNT OF PROPERTY TAXES TO BE LEVIED FOR THE YEAR 2024 PURSUANT TO RCW 84.55.120; PROVIDING FOR SEVERABILITY AND PUBLICATION; AND SETTING AN EFFECTIVE DATE. WHEREAS, the City Council of the City of Port Orchard (taxing district #8710) has met and considered its budget for the calendar year 2024; and WHEREAS, the City's actual levy amount from the previous year was $3,411,191; and WHEREAS, the population of the City is more than 10,000; WHEREAS, on October 24, 2023, the City Council held a duly -noticed public hearing to consider revenue sources for the City's 2023-2024 budget; now, therefore, THE CITY COUNCIL OF THE CITY OF PORT ORCHARD, WASHINGTON, DO HEREBY ORDAIN AS FOLLOWS: SECTION 1: An increase in the regular property tax levy is hereby authorized for the levy to be collected in the 2024 tax year. SECTION 2: The dollar amount of the increase over the actual levy amount from the previous year shall be $21,898 which is a percentage increase of 0.64195% from the previous year. This increase is exclusive of additional revenue resulting from new construction, improvements to property, newly constructed wind turbines, solar, biomass, and geothermal facilities, and any increase in the value of state assessed property, any annexations that have occurred and refunds made. SECTION 3. Severability. If any section, sentence, clause or phrase of this Ordinance should be held to be unconstitutional or unlawful by a court of competent jurisdiction, such invalidity or unconstitutionality shall not affect the validity or constitutionality of any other section, sentence, clause or phrase of this Ordinance. SECTION 4. Publication. This Ordinance shall be published by an approved summary consisting of the title. SECTION S. Effective Date. This Ordinance shall take effect and be in full force and effect five days after publication, as provided by law. DocuSign Envelope ID: 51ABCC29-09B9-4D24-A52C-3DBD76C04EOB Ordinance No. 031-23 Page 2 of 2 PASSED by the City Council of the City of Port Orchard, SIGNED by the Mayor and attested by the Clerk in authentication of such passage this 24th day of October, 2023. ATTEST: FDocuSigned by: Brandy Wallace, MMC, City Clerk APPROVED AS TO FORM: L gned by: Charlotte A. Archer, City Attorney PUBLISHED: October 27, 2023 EFFECTIVE DATE: November 1, 2023 DocuSigned by: r6 Robert Putaansuu, Mayor SPONSOR: DocuSigned by: :bU ln, 0'a'u w' John Clauson, Councilmember