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HomeMy WebLinkAboutOrdinances - 2020-17 - Regular Prop Tax levy to be collected, 1% Increase + New Construction - 11/17/2020City of East Wenatchee Ordinance 2020-17 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. 2020-17 An Ordinance of the City of East Wenatchee, Washington, authorizing the regular property tax levy to be collected in the 2021 tax year, and an increase of 1% in the regular tax levy based on substantial need, 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, que autoriza la recaudación de impuestos a la propiedad regular en el año fiscal 2021 y un aumento del 1% en los impuestos regulares basados en una necesidad sustancial, y autoriza un aumento que puede permitirse en la cantidad a manera de construcción nueva, mejoras a la propiedad y las disposiciones de propiedad tasadas por el Estado de la ley estatal. 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 The City Council of East Wenatchee (City Council) finds that it is in the best interests of the City and its citizens to increase the amount of the City’s regular property tax levy for 2021. b. Findings. i. The population of the City is more than 10,000; ii. The Implicit Price Deflator for Personal Consumption Expenditures for 2020 is .60152%, resulting in the requirement to pass an Ordinance of substantial need; iii. The City Council has considered the City’s anticipated financial requirements for 2021 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 is holding a public hearing on November 3, 2020. At this public hearing, the City Council will consider revenue sources for the City’s current expense budget for 2021; v. After the hearing and after duly considering all relevant evidence and testimony presented, the City Council may determine and find that the City does need to increase property tax revenue from the previous year by the allowable 1%, does not need to increase property tax revenue by collecting City of East Wenatchee Ordinance 2020-17 Page 2 of 4 Retain Ordinance until no longer needed for City-business, then transfer to Washington State Archives (GS50-05A-16 Rev.1) 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 property, in order to discharge the expected expenses and obligations of the City; and vi. After the hearing and after duly considering all relevant evidence and testimony presented, the Council may find that the City has future substantial need for an increase in years after 2021. 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 2020. Section 2: Authorization. The City Council authorizes an increase in the general property tax levy, for the 2020 property tax levy on all real, personal and utility property authorized for collection in 2021 in the amount of $18,290.21 resulting from a 1% 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 2021 will be approximately $1,857,310.74. 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 $1,857,310.74 be collected in 2021. Section 5: Payment. The property taxes levied by this Ordinance shall be collected and paid to the City of East Wenatchee Finance Department at the time and in the manner provided by the laws of the State of Washington. Section 6: Refund Levy for 2021. As a result of the refunds issued during the 2020 tax year, we are requesting the collection of $0 in the form of a refund levy for the tax year 2021.