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Ordinance 3426ORDINANCE NO. 3426 AN ORDINANCE OF THE CITY OF EDMONDS, WASHINGTON, MAKING CERTAIN LEGISLATIVE FINDINGS, INCREASING THE PROPERTY TAX LEVY RATE FOR 2003, AND FIXING A TIME WHEN THE SAME SHALL BECOME EFFECTIVE. WHEREAS, the City Council of the City of Edmonds attest that the population of Edmonds is more than ten thousand; and WHEREAS, the City Council and the City of Edmonds have properly given notice of the public hearing held on November 19, 2002, to consider the City's current expense budget for the 2003 calendar year, pursuant to RCW 84.55.120; and WHEREAS, the City Council in the course of considering the budget for 2003 have reviewed all sources of revenue and examined all anticipated expenses and obligations; and WHEREAS, the City Council has determined by separate resolution following public hearing that there is a substantial need to increase the regular property tax levy by 2.5% and the emergency services levy by I%; and WHEREAS, the City Council, after such hearing have determined that it is in the best interest of and necessary to meet the expenses and obligation of the City for the property tax revenue to be increased from the previous year, in addition to the increase resulting from the addition of new construction and improvements to property and any increase in the value of state - assessed property; NOW, THEREFORE {WSS417159.DOC;1 /00006.900000/} - 1 - THE CITY COUNCIL OF THE CITY OF EDMONDS, WASHINGTON, DO ORDAIN AS FOLLOWS: Section 1. The limit factor for the regular levy for the calendar year 2003 shall be 101% of the highest amount of regular property taxes that could have been levied in the City in any year since 1985. Section 2. The total amount levied for 2003 regular property taxes is $7,873,544. Section 3. The total amount levied for 2003 for the public safety complex bonds is $764,730. Section 4. The total amount levied for 2003 for the emergency medical services tax is $1,624,244. Section 5. 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. It is enacted on a vote of a majority plus one of the City Council. APPROVED: A"I'J"4 - MAY HAAKENSON ATTEST /AUTHENTICATED: CITY CLERK, SANDRA S. CHASE APPROVED AS TO FORM: OFFICE OF THE CITY ATTORNEY: BY {WSS417159.DOC;1 /00006.900000/} - 2 - FILED WITH THE CITY CLERK: 11/22/2002 PASSED BY THE CITY COUNCIL: 11/26/2002 PUBLISHED: 12/04/2002 EFFECTIVE DATE: 12/09/2002 ORDINANCE NO. 3426 {WSS417159.DOC;1 /00006.900000/ }. - 3 - SUMMARY OF ORDINANCE NO. 3426 of the City of Edmonds, Washington On the 26th day of November, 2002, the City Council of the City of Edmonds, passed Ordinance No. 3426. A summary of the content of said ordinance, consisting of the title, provides as follows: AN ORDINANCE OF THE CITY OF EDMONDS, WASHINGTON, MAKING CERTAIN LEGISLATIVE FINDINGS, INCREASING THE PROPERTY TAX LEVY RATE FOR 2003, AND FIXING A TIME WHEN THE SAME SHALL BECOME EFFECTIVE. The full text of this Ordinance will be mailed upon request. DATED this -??, day of �ag e� , 2002. ZMCLERK, i D. {WSS417159.DOC;1 /00006.900000/} - 4 - Page 1 of 1 RCW 84.55.120 Public hearing -- Taxing district's revenue sources -- Adoption of tax increase by ordinance or resolution. A taxing district, other than the state, that collects regular levies shall hold a public hearing on revenue sources for the district's following year's current expense budget. The hearing must include consideration of possible increases in property tax revenues and shall be held prior to the time the taxing district levies the taxes or makes the request to have the taxes levied. The county legislative authority, or the taxing district's governing body if the district is a city, town, or other type of district, shall hold the hearing. For purposes of this section, "current expense budget" means that budget which is primarily funded by taxes and charges and reflects the provision of ongoing services. It does not mean the capital, enterprise, or special assessment budgets of cities, towns, counties, or special purpose districts. If the taxing district is otherwise required to hold a public hearing on its proposed regular tax levy, a single public hearing may be held on this matter. No increase in property tax revenue, other than that resulting from the addition of new construction and improvements to property and any increase in the value of state - assessed property, may be authorized by a taxing district, other than the state, except by adoption of a separate ordinance or resolution, pursuant to notice, specifically authorizing the increase in terms of both dollars and percentage. The ordinance or resolution may cover a period of up to two years, but the ordinance shall specifically state for each year the dollar increase and percentage change in the levy from the previous year. [1997 c 3 209 (Referendum Bill No. 47, approved November 4, 1997); 1995 c 251 1.1 NOTES: Severability -- Part headings not law -- Referral to electorate - -1997 c 3: See notes following RCW 84.40.030. Adopted by Reference Ordinance # 3y ;/A on City Clerk http: // search. mrsc .org /nxtlgateway. dll /rcw /rcw%20% 2084 %20 %20title /rcw %20 %2084 %2... 12/9/2002 STATE OF WASHINGTON, ) COUNTY OF SNOHOMISH j SUMMARY OF ORDINANCE NO. 3426 of the ity o dmonds, Washin gton On the 26th day of November, 2002, the Gty Council of the City of Edmonds, passed Ordinance No. 3426. A summary of the content of said ordinance, consisting of the title, provides as follows: AN ORDINANCE of the City of Edmonds, Washing- ton, making certain legislative findings, increasing the property tax levy rate for 2003, and fixing a time when the same shall become effective. The full text of this Ordinance will be mailed upon re nest. DATED this 2nd day of December, 2002. CITY CLERK, SANDRA S. CHASE Published: December 4, 2002. Affidavit of Publication S.S. The undersigned, being first duly sworn on oath deposes and says that she is Principal Clerk of THE HERALD, a daily newspaper printed and published in the City of Everett, County of Snohomish, and State of Washington; that said newspaper is a newspaper of general circulation in said County and State; that said newspaper has been approved as a legal newspaper by order -of-the Superior Court of Snohomish County and that the notice City of Edmonds Summary of Ordinance No. 3426 a printed copy of which is hereunto attached, was published in said newspaper proper and not in supplement form, in the regular and entire edition of said paper on the following days and times, namely: December 4, 2002 and that said newspaper was regularly distributed to its subscribers during all of said period. Subscribed and sworn to before me this day of neCemhe.r_ 2002 Everett, Snohomish 4th ��FWASMN�' RECEIVED DEC 0 6 2002