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Ordinance 43692025 Regular Property Tax Ordinance Page 1 of 2 ORDINANCE NO. 4369 AN ORDINANCE OF THE CITY OF EDMONDS, WASHINGTON, PROVIDING FOR THE ANNUAL TAX LEVY BY INCREASING THE REGULAR PROPERTY TAX LEVY AT 101% OF THE CURRENT LEVY LIMIT. WHEREAS, the City Council and the City of Edmonds has met and considered its budget for the 2025-2026 biennium; and WHEREAS, the City’s actual levy for the previous year was $11,376,608 for the regular property levy; and WHEREAS, the population of this district is greater than 10,000; NOW, THEREFORE, BE IT ORDAINED BY THE CITY COUNCIL OF THE CITY OF EDMONDS, WASHINGTON, 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. The dollar amount of the increase over the actual levy amount from the previous year shall be $84,348.61, which is a percentage increase of .75 % 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 2. Severability. If any section, sentence, clause or phrase of this ordinance should be held to be invalid or unconstitutional 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 3. Effective Date. This ordinance, being an exercise of a power specifically delegated to the City legislative body, is not subject to referendum, and shall take effect five (5) days after passage and publication of an approved summary thereof consisting of the title. ATTEST/AUTHENTICATED: ~ASSEY APPROVED AS TO FORM: OFFICE OF THE CITY ATTORNEY BY ~----- CITY ATTORNEY, JEFFREY T ARADA Y FILED WITH THE CITY CLERK: PASSED BY THE CITY COUNCIL: PUBLISHED: EFFECTIVE DA TE: ORDINANCE NO. 2025 Regular Property Tax Ordinance APPROVED: ~c?- MAYOR, ~IKE ROSEN October 24, 2024 October 29, 2024 November 1, 2024 November 6, 2024 4369 Page 2 of2 SUMMARY OF ORDINANCE NO. 4369 of the City of Edmonds, Washington On the 29 th day of October, 2024, the City Council of the City of Edmonds, passed Ordinance No . 4369. A summary of the content of said ordinance, consisting of the title, provides as follows: AN ORDINANCE OF THE CITY OF EDMONDS, WASHINGTON, PROVIDING FOR THE ANNUAL TAX LEVY BY INCREASING THE REGULAR PROPERTY TAX LEVY AT 101% OF THE CURRENT LEVY LIMIT. The full text of this Ordinance will be mailed upon request. DATED this 29 th day of October, 2024. 3