Resolution 1014RESOLUTION NO. 1014
A RESOLUTION OF THE CITY COUNCIL OF THE CITY OF
EDMONDS, WASHINGTON, FINDING THE EXISTENCE OF
SUBSTANTIAL NEEDS AND JUSTIFYING INCREASING
THE PROPERTY TAX LEVY FOR THE CITY REGULAR
PROPERTY TAX AND EMERGENCY MEDICAL SERVICE
LEVIES FOR 2002 AT A RATE OF 3.5% OVER THE
PREVIOUS YEAR. THIS INCREASE OF CITY REGULAR
PROPERTY TAXES OVER THE 2001 LEVY EQUATES TO A
RATE EQUAL TO 3.5% OR $251,276. THE INCREASE OF
THE CITY EMS LEVY OVER THE 2001 LEVY EQUATES TO
A RATE EQUAL TO 3.5% OR $53,872.
WHEREAS, Chapter 84.55 RCW requires cities in excess of 10,000 in
population, following public hearing and by separate resolution to find and determine the
existence of a substantial need in order to justify tax increases above the Implicit Price Deflator,
and
WHEREAS, the City Council enters these findings following public hearing prior
to raising tax rates, now, therefore,
THE CITY COUNCIL OF THE CITY OF EDMONDS, WASHINGTON,
HEREBY RESOLVES AS FOLLOWS:
Section 1. The City Council hereby determines . in accordance with the
requirements of Chapter 84.55 RCW that unmet substantial needs exist which justify a 3.5%
increase of the 2002 levy for the City's regular and EMS levies. The increase of its regular
property tax levy over 2001 equals 3.5% or $251,276 and the increase for the Emergency
Medical Services levy equals 3.5% or $53,872 based on the following substantial needs for
budget year 2002:
{ WSS416764.DOC;1 /00006.900000/}
The City needs increased revenue due to the elimination of motor
vehicle excise tax, elimination of sales tax equalization funds, and
public safety needs. In addition, the City's sales tax revenues are
declining in response to the regional economic decline.
Section 2. This resolution has been enacted by a vote of the majority plus one of
the City Council. It is the City Council's intent, by enacting this resolution, to reserve to itself
the ability to levy in this, or any future budget cycle pursuant to RCW 84.55.015 and 84.55.092,
the full levy amount permitted by law.
RESOLVED this 271h day of November, 2001.
ATTEST/AUTHENTICATED :
CITY CLERK, SANDRA S. CHASE
FILED WITH THE CITY CLERK:
PASSED BY THE CITY COUNCIL:
RESOLUTION NO.
APPROVED:
j2t=z�
M OR, G Y HAAKENSON
11/27/2001
11/27/2001
1014
{WSS416764.DOC;1/00006.900000/}