1874 - Ordinance - Property Taxes for 2003NOTICE OF CITY OF PORT ORCHARD
ORDINANCE
The following is a summary of an Ordinance approved by the Port Orchard City Council at their re
Council meeting held November 12.2002.
ORDINANCE NO. 1874
AN ORDINANCE OF THE CITY PORT ORCHARD. WASHINGTON.
SETTING THE AMOUNT OF PROPERTY TAXES TO BE RAISED FOR
THE YEAR 2003.
Copies of Ordinance No. 1874 are available for review at the office of the City Clerk of the City of
Orchard. Upon written request a statement of the full text of the Ordinance will be mailed tc
interested person without charge. Thirty days after publication, copies of Ordinance No. 1874 w
provided at a nominal charge.
Michelle Merlino
Deputy Clerk
Publish: Port Orchard Independent
November 20,2002
Kitsaple~als~,sounduublishine.com
ORDINANCE NO. 1874
AN ORDINANCE OF THE CITY OF PORT ORCHARD, WASHINGTON
SETTING THE AMOUNT OF PROPERTY TAXES TO BE RAISED FOR
THE YEAR 2003
WHEREAS, the City of Port Orchard, with a population under ten thousand (10,000). retains
the ability to raise property taxes up to one percent per year; and
WHEREAS, notice was given for the annual public hearing on revenue sources held on
October 28, 2002 to consider the City of Port Orchard's current expense and street budget for the 2003
calendar year pursuant to RCW 84.55.120, and
WHEREAS, on November 6, 2001 registered voters in the City of Port Orchard and Kitsap
County Fire Protection District No. 7 approved Proposition No. 2 to annex the properties located within the
jurisdictional boundaries of the City of Port Orchard into Kitsap County Fire Protection District No. 7.
WHEREAS, it is the City of Port Orchards desire that the maximum amount of property tax
allowed be collected for the year 2003, now, therefore,
THE COUNCIL OF THE CITY OF PORT ORCHARD, WASHINGTON DOES HEREBY
ORDAIN AS FOLLOWS:
There shall be and hereby is levied on all real, personal and utility property,
whose estimated assessed valuation is four hundred twenty-one million, seven hundred forty-four
thousand and fifty-five dollars ($421,744,055) current taxes for the year commencing January 1, 2003 at
the approximate rate of $2.16 per thousand dollars of assessed valuation. The regular property tax levy for
collection in 2003 is approximately nine hundred ten thousand nine hundred sixty-seven dollars
($910,967), plus an additional dollar amount equal to the amount allowed under the new construction,
improvements to property and any increase in the value of state-assessed property, by provisions of RCW
84.55.010.
This is a decrease of approximately four hundred sixty-five thousand eight hundred forty-three dollars
($465,843) over the collection in 2002 which was at a levy rate of $3.375 in an amount of one million three
hundred seventy-six thousand eight hundred ten dollars ($1,376.810), due to the annexation of the City of
Port Orchard into Kitsap County Fire Protection District No. 7.
the City Clerk in authentication of such passage this 12' day of N
PASSED by the City Council of the Citi of Port 0 by the Mayor and attested by
ATTEST: LESLIE J. WEATHERILL, MAYOR
SPONSORED BY:
Rob2 Geigd, Co6ncildn