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Ordinance 3848AN ORDINANCE OF THE CITY COUNCIL OF THE CITY OF EDMONDS, WASHINGTON, RELATING TO REGULAR PROPERTY TAXES, PROVIDING FOR THE SUBMISSION TO THE QUALIFIED ELECTORS OF THE CITY AT THE'NOVEMBER 8, 2011 GENERAL ELECTION OF A PROPOSITION AUTHORIZING AN INCREASE IN THE REGULAR PROPERTY TAX LEVY IN EXCESS OF THE INCREASEOTHERWISE ALLOWED BY CHAPTER-84.55 RCW TO HELP MAINTAIN CURRENT LEVELS OF SERVICE IN PUBLIC SAFETY,PARKS, AND OTHER CITY SERVICES; SETTING FORTH THE BALLOT TITLE THEREFORE REQUESTING THAT THE SNOHOMISH COUNTY AUDITOR PLACE THE PROPOSITION ON THE NOVEMBER 8, 2011 BALLOT, AND FIXING THE TIME WHEN THE SAME SHALL BECOME EFFECTIVE. WHEREAS, RCW 84.55.050 provides for the levy of regular property taxes in an amount exceeding the limitations specified in chapter 84.55 RCW if such increased levy is authorized by a ballot proposition approved by a majority of the voters at an election held within the taxing district (a "levy lid lift"); and WHEREAS, the City Council has determined that it is in the best interest of the City and its residents to subn1it a levy lid lift proposition under RCW 84.55.050(1) to the voters for their approval or rejection; and WHEREAS, accordin'to the Snohomish County Assessor's Annual Report for 2011 Taxes, the City of Edmonds regular property tax levy for 2011 amounted to $9,499,558.01; and WHEREAS, the City of Edmonds 2011 regular property tax levy rate per $1,000 of assessed valuation was 1.47663233; and WHEREAS, the City of Edmonds also has an additional EMS levy rate that is fixed at 0.5"per $1,000 of assessed valuation; and WHEREAS, the City of Edmonds also has an additional2011 levy rate 0.14572144 per $1,000 of assessed valuation for G.O. bonds related to public safety; and WHEREAS, in 2011 these three rates combined to create a total City of Edmonds levy rate of 2.12235377 per $1,000 of assessed valuation; and WHEREAS, the City of Edmonds assessed valuation for 2011 was 6,433,258,853; and WHEREAS, the Snohomish County Assessor's Office estimates that the City's 2012 assessed value will be approximately $5,794,962,200; and WHEREAS, the City of Edmonds can increase its regular property tax levy by 1%each year without voter approval; and WHEREAS, in 2012 the City of Edmonds could levy regular property taxes (which do not include the EMS levy and the GO bond levy) of approximately$9,594,553'.59 without voter approval and without including any increased revenue associated with new construction; and WHEREAS, without any additional voter authorization, the City of Edmonds regular property tax levy rate for 2012 would be approximately 1.655671471 per $1,000 in assessed valuation; and WHEREAS, the City Council has determined to ask the voters whether they are willing to fund an additional One Million Dollars ($1,000,000.00) to help maintain current levels of service in public safety, parks, and other city services through a levy lidliftfor each of the years 2012, 2013, and 2014; now therefore, THE CITY COUNCIL OF THE CITY OF ED ONDS, WASHINGTON, ISO ORDAIN AS FOLLOWS. Section 1. Lew Lid Lift Election Called For. Pursuant to RCW 84.55.050, the Edmonds City Council hereby calls for submission of a proposition to the qualified electors of the City asking whether the City shall levy regular property taxes in excess of the limitation established in RCW 84.55.010. The Snohomish County Auditor; as ex offi(io supervisor of elections in Snohomish County, is hereby requested to call and conduct the election referenced herein in the City of Edmonds on November 8, 2011. The proposition to be submitted to the qualified voters of the City for their approval or rejection is to authorize increasing the City's regular property tax levy by 0.17256368 per $1,000 of assessed valuation, to a total regular (not including EMS or GO bond)' property tax levy rate of 1.82823515 per one thousand dollars of assessed valuation (if only this proposition passes), for collection beginning in 2012. If this proposition is approved, the City Council will be authorized to adopt; in accordance with its regular budget process; an increased regular property tax as described herein. Section 2. Purpose of Levy and Description of Ballot Proposition. For the purposes identified below, the City Council seeks voter approval under RCW 84,55.050 for a levy lid lift, as'follows: (a) Pur ose. The amounts collected pursuant to the increase authorized by the Proposition may be used to help maintain current levels of service in public safety, parks, and other city services. (b) Increase Authorized Beginning in 2012. The Proposition authorizes a maxunum increase in the City's total levy rate to the maximum rate otherwise allowed for collection 'in 2012 under chapter 84.55 RCW plus not to exceed 0,17256368 per $1,000 of assessed value. The total regular property tax rate produced is estimated to be approximately 1.82823515 per $1,000 of assessed value (if only this proposition passes), based on estimated 2012 assessed values. (c) Increase Authorized for Future Years through 2014. Pursuant to RCW 84.55:050(4), the dollar amount of the maximum authorized levy under chapter 84.55 RCW for collection in 2012 shallbe • for the purpose of •limitationsor •sequent evies 1 • 2014 provided • •-r chapter 84and such fundsbe limited to the purposes described ■•above. Section 3. Ballot Proposition. The City Clerk is here by authorized and directed, not later than August 16, 2011, to certify a copy of this ordinance and a proposition to the Auditor of Snohomish County, as ex officio Supervisor of Elections in_Snohomish County Washington, in substantially the following form: .4 V * • Levv to Heln Maintain Current Levels of r Other Citv Services The Edmonds City Council has passed Ordinance No� 3848 to place before the voter rov ,,=ti�7 taxes to helv I -, maintain current levels of service in yublic safet�i,,.�,,- and other city services. This proposition would authorize an increase in the regular property •r collection in 21 of ► per i lit of • valuation, for a total -regular property tax rate (if only this proposition passes) of 1.82823515 per n i11 of • valuation. Use of •• r• 0.17256368 per 000 of assessed valuation would-r maintain current levelsof public safety, parks, and other city servicesThe 2012 levy amount would become the basis upon which levyicreases would be • r • for 2013and 2014. Should this proposition be approved? S NO Section 4. Changes. The Mayor and City Attorney are authorized to make such minor adjustments to the wording of such proposition as maybe recommended by the Snohomish County Auditor, as long as the intent of the proposition remains clear and consistent with the intent of this Ordinance as approved by the City Council, Section 5.Notices Relating to Ballot Proposition. For purposes of receiving notice of the exact language of the ballot proposition requited by RCW 29A.36.080, the City Council hereby designates the City Clerk. Section 6. Severabili1y.r above - • •specific findings by •uncil in support of passage of • • provision of Section 7. Effective Date. Jhis ordinance shall, take effect and be iii force five days after publication as provided by law. PASSED by the City Council and APPROVED by the Mayor of the City of Edinondsate' a regular open public meeting thereof tIns 2nd day of,August, 2011, CITY OF t--.DMONDS Mayor Mike Cooper :its, Clerk APPROVED AS TO FORM: City At )rnev ��-8302-234 3 48;45 F11.ED WITI-I THE CITY CLERK: 07-29-2011 PASSED BY TH17CrrY COUNCIL: 08-02-2011 PUBLISHED: 08-07-2011 El"FEC"I'lVE DATE: 08-12-2011 ORDWANCE NO. 3848 Without voter approval, the City of Edmonds can increase the amount of regular property taxes it collects by only 1% (approximately) each year. This limit is called the "levy lid." Under this limit, in 2012, Edmonds can collect regular property taxes at a rate of approximately $1.66 per $1,000 of assessed valuation without voter approval. With voter approval, this proposition would authorize the City of Edmonds to collect approximately $1,000,000 over the levy lid for each of three years (2012 2014). This additional revenue would be used to help maintain current levels of service in public safety, parks, and other city services. If only this proposition passes (Propositions 2 and 3 would increase the levy lid for other purposes), the City of Edmonds will be allowed to increase the regular property tax rate in 2012 by approximately 17 cents per $1,000'of assessed valuation. For example, this proposition would increase the regular property tax bill on a $375,000 home by approximately $65 in 2012. For regular property taxes collected after 2014, the maximum tax levy would be determined as if this proposition had not been approved. On the 2hd day of August, 2011, the City Council of the City of Edmonds, passed Ordinance No. 3848. A summary of the contentof . •. ordinance, consisting of .. title, provides as f•l'. • AN ORDINANCE OF THE CITY COUNCIL OF THE CITY OF EDMONDS, WASHINGTON,RELATING TO REGULAR ■i TAXES;PROVIDING •' THE SUBMISSION• THE QUALIFIED ELECTORS OF • GENERAL2011 • OF i • AUTHORIZING THE REGULAR PROPERTYOF OTHERWISE ALLOWED BY CHAPTER 84.55 RCW TO HELP MAINTAINCURRENT SERVICE IN PUBLIC SAFETY, +. •FORTH AUDITORTHE BALLOT TITLE THEREFORE; REQUESTING THAT THE SNOHOMISH COUNTY +CE THE PROPOSITION ON • :ER 8, 2011 BALLOT; AND FIXING THE TIME WHEN THE SAME SHALL BECOME • • ir4wimil7or-im 't it "^• "CITY CLERK, SANDRA S. CHASE STATE OF WASHINGTON, COUNTY OF SNOHOMISH 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 Courtof Snohomish County and that the notice Summary of Ordinance arts 3R4g a printed copy of which is hereunto attached, was published in said newspaper prosper and not in supplement form, in the regular and entire edition of said paper on the following days and tunes, namely: August 07, 2011 and that said newspaper was regularly distributed to its subscribers during all of said period; I-rT eapitI Account Name: Gty of Edmonds Account Number. 101416: Order Number: 000178625E