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014-24 - Ordinance - Property Tax LevyDocusign Envelope ID: CC8BA7B2-9762-4E07-A990-7548D4E8F343 ORDINANCE NO.014-24 AN ORDINANCE OF THE CITY OF PORT ORCHARD, WASHINGTON, SETTING THE AMOUNT OF PROPERTY TAXES TO BE LEVIED FOR THE YEAR 2025 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 2025; and WHEREAS, the City's actual levy amount from the previous year was $3,694,410; and WHEREAS, the population of the City is more than 10,000; WHEREAS, on October 22, 2024, the City Council held a duly -noticed public hearing to consider revenue sources for the City's 2025-2026 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 2025 tax year. SECTION 2: The dollar amount of the increase over the actual levy amount from the previous year shall be $32,115 which is a percentage increase of 0.86928% 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. PASSED by the City Council of the City of Port Orchard, SIGNED by the Mayor and Docusign Envelope ID: CC8BA7B2-9762-4E07-A990-7548D4E8F343 Ordinance No. 014-24 Page 2 of 2 attested by the Clerk in authentication of such passage this 22th day of October 2024. ESigned by: 6btJ'f P4M&SWu . 3R96492F3F5847n Robert Putaansuu, Mayor by: lift,", ,pDocuSigned '1r'04RT .o�Q R q,•• %'�- Brandy Wallace, MMC, City Clerk = SEAL �` •• �� 9 .,,< pF WiAVo,� APPROVED AS TO FORM: Signed by: 203701 F25520457. Charlotte A. Archer, City Attorney PUBLISHED: October 24, 2024 EFFECTIVE DATE: October 29, 2024