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1775 - Ordinance - Amount of Property Taxes for 2000NOTICE OF CITY OF PORT ORCHARD ORDINANCE The following is a summary of an Ordinance approved by the Port Orchard City Council at their regular Council meeting held November 8, 1999. ORDINANCE NO. 1775 AN ORDINANCE OF THE CITY OF PORT ORCHARD, WASHINGTON, SETTING THE AMOUNT OF PROPERTY TAXES TO BE RAISED FOR THE YEAR 2000. Copies of Ordinance No. 1775-are available for review at the office of the City Clerk of the City of Port Orchard. Upon written request a statement of the full text of the Ordinance will be mailed to any interested person without charge. Thirty days after publication, copies of Ordinance No. 1775 will be provided at a nominal charge. ` City of Port Orchard �4� 0-" N-AA" Michelle Merlino Deputy Clerk Publish: Port Orchard Independent November 17, 1999 ORDINANCE NO. 1775 AN ORDINANCE OF THE CITY OF PORT ORCHARD, WASHINGTON SETTING THE AMOUNT OF PROPERTY TAXES TO BE RAISED FOR THE YEAR 2000 WHEREAS, the City of Port Orchard, with a population under ten thousand (10,000), retains the ability to raise property taxes up to six percent per year; and WHEREAS, notice was given for the annual public hearing on revenue sources held on October 25, 1999 to consider the City of Port Orchard's current expense and street budget for the 2000 calendar year pursuant to RCW 84.55.120, and WHEREAS, it is the City of Port Orchard's desire that the maximum amount of property tax allowed be collected for the year 2000, now, therefore, THE COUNCIL OF THE CITY OF PORT ORCHARD, WASHINGTON DOES HEREBY ORDAIN AS FOLLOWS: Section 1. There is hereby authorized a discretionary increase in the 2000 regular property tax levy, 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, in the amount of sixty-six thousand, seven hundred ten dollars ($66,710), which is a percentage increase of six percent from the one million, one hundred twenty-four thousand, sixty-eight dollars ($1,124,068) levied for collection in 1999. The total of the regular levy plus additional amounts is at least one million, two hundred twenty-five thousand, eight hundred dollars ($1,225,800). Section2. There is hereby authorized a decrease in the 2000 Emergency Medical Services property tax levy from the one hundred eighty-three thousand, two hundred eighty-three dollars ($183,283) levied for collection in 1999. This is due to a decrease in the City's assessed valuation. The maximum computed is fifty cents ($.50) of the assessed value with the total being at least one hundred eighty-two thousand, three hundred eighty-nine dollars ($182,389). PASSED by the City Council of the City of Port Orchard si d by the Mayor and attested by the City Clerk in authentication of such passage this 8'" day of Novemb 99. ATTEST: LESLIE J. WEATHERILL, MAYOR Patricia Parks, City Clerk APPROVED AS TO FORM: SPONSORED BY: Irk A �a_7 City Attorney Councilm orrisan