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HomeMy WebLinkAboutOrdinances - 2018-17 - Property Tax Levy 1% Increase for 2019 - 11/13/2018City of East Wenatchee Ordinance 2018-17 Page 1 of 4 Retain Ordinance until no longer needed for City-business, then transfer to Washington State Archives (GS50-05A-16 Rev.1) CITY OF EAST WENATCHEE, WASHINGTON ORDINANCE NO. 2018-17 An Ordinance of the City of East Wenatchee, Washington, authorizing the regular property tax levy to be collected in the 2019 tax year, an increase of 1.00 percent in the regular tax levy, and authorizing an increase which may be allowed in the amount under new construction, improvements to property and the State assessed property provisions of State Law. Una Ordenanza de la Ciudad de East Wenatchee, Washington, se modifica La Ordenanza Numero 2018-17 que establecio la Ciudad de East Wenatchee 2019 Presupuesto. 1. Recitals. a. Preamble. The City of East Wenatchee (“City) is a non-charter code City duly incorporated and operating under the laws of the State of Washington; and b. The City Council of East Wenatchee (“City Council”) finds that it is in the best interests of the City of East Wenatchee (“City”) and its citizens to increase the amount of the City’s regular property tax levy for 2019. c. Findings. i. The population of the City is more than 10,000; ii. The Implicit Price Deflator (Personal Consumption Expenditures “PCE”) for 2018 is 2.169%, resulting in an allowable 1.00 % increase in the 2018 property tax levy. iii. The City Council has considered the City’s anticipated financial requirements for 2019 and beyond, and the amounts necessary and available to be raised by ad valorem taxes on real, personal and utility property, including amounts resulting from new construction, improvements to property, and any increase in the assessed value of state-assessed property; iv. After proper notice, the City Council held a public hearing on November 13, 2018. At this public hearing, the City Council considered revenue sources for the City’s current expense budget for 2019. v. After the hearing and after duly considering all relevant evidence and testimony presented, the City Council determined and finds that the City does need to increase property tax revenue from the previous year by the allowable 1.00%, does not need to increase property tax revenue by collecting previously banked capacity, but does have a need for the increase in property tax revenue resulting from the addition of new construction, improvements to property, and any increase in the value of state-assessed City of East Wenatchee Ordinance 2018-17 Page 2 of 4 Retain Ordinance until no longer needed for City-business, then transfer to Washington State Archives (GS50-05A-16 Rev.1) property, in order to discharge the expected expenses and obligations of the City. vi. After the hearing and after duly considering all relevant evidence and testimony presented, the Council finds that the City has future substantial need for an increase in years subsequent to 2019. 2. Authority a. RCW 32A.11.020 and RCW 35A.2.190 authorize the City Council to adopt ordinances of all kinds to regulate its municipal affairs and appropriate to the good government of the City. b. RCW 84.55.12 authorizes the City Council to adopt a tax increase by ordinance. THE CITY COUNCIL OF THE CITY OF EAST WENATCHEE DO ORDAIN AS FOLLOWS: Section 1: Purpose. The City wishes to establish its regular property tax levy for the year 2018. Section 2: Authorization. The City Council authorizes an increase in the general property tax levy, for the 2018 property tax levy on all real, personal and utility property authorized for collection in 2019 resulting from a 1.00% increase in the regular tax levy, and authorizing any amount from the addition of new construction and improvements to property, plus any increase in the value of state-assessed property, and plus any additional amount resulting from annexations that have occurred and refunds made. Section 3: Estimate. As required by RCW 84.52.020, for budget purposes, the City Council estimates that the amount of property tax to be collected in the year 2019 will be approximately $1,795,455.04. The City Council estimates that the contingency property tax to be collected will be $50,000. Section 4: Certification. As required by RCW 84.52.020, the City Council certifies to Douglas County’s legislative authority that the City is requesting that the regular levy, in the amount of $1,795,455.04 be collected in 2019. Section 5: Payment. The property taxes levied by this Ordinance shall be collected and paid to the City Treasurer at the time and in the manner provided by the laws of the State of Washington. Section 6: Refund Levy for 2019. As a result of the refunds issued during the 2018 tax year, we are requesting the collection of $0 in the form of a refund levy for the tax year 2019. Section 7: Severability. If a court of competent jurisdiction declares any provision in this Ordinance to be contrary to law, such declaration shall not affect the validity of the other provisions of this Ordinance.