HomeMy WebLinkAbout5045ORDINANCE NO. 5045
AN ORDINANCE OF THE CITY COUNCIL OF THE CITY OF AUBURN,
WASHINGTON, AUTHORIZING THE LEVY OF REGULAR PROPERTY TAXES
BY THE CITY OF AUBURN FOR COLLECTION IN 1998, REPRESENTING AN
INCREASE OVER REGULAR PROPERTY TAXES LEVIED FOR COLLECTION
IN 1997.
WHEREAS Chapter 3, Laws of 1997, as approved November 4, 1997, by
the voters of the State of Washington in "Referendum 47", requires a separate
ordinance in order for the City of Auburn to make its regular 1997 property tax
levy for collection in 1998 in the amount of $9,354,065; and
WHEREAS pursuant to RCW 84.55.120 the City Council held public
hearings on September 15, 1997 and November 17, 1997 after proper notice
was given, to consider the City of Auburn's 1998 budget and the regular property
tax levy to support it; and
WHEREAS the City Council, after public hearing, and after duly
considering all relevant evidence and testimony presented, has determined that
the City requires and increase in property tax revenue 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, in order to discharge the expected expenses and obligations of the City
and in its best interest.
NOW THEREFORE, THE CITY COUNCIL OF THE CITY OF AUBURN,
WASHINGTON, DO ORDAIN AS FOLLOWS:
Section 1, Regular property taxes for collection in 1998 are authorized
in the amount of $9,354,065. Not including increases resulting from the addition
of new construction and improvements to property and any increase in the value
of state assessed property, the regular property tax levy for 1998 collection
represents and increase from regular property taxes levied for collection in 1997
of Four Hundred Fifty Four Thousand Three Hundred Fifty Five Dollars
($454,355) which is a Five and Twenty-One One Hundredths percent (5.21%)
increase from the previous year.
_~e_C.J:iO_q_~. In order to avoid unnecessary interfund loans caused by
uneven cash flow requirements for tax supported funds, the Finance Director is
hereby authorized to allocate individual property tax receipts in a manner that
eliminates interfund loans.
Ordinance No. 5045
November 12, 1997
Page 1
~ If any section, subsection, sentence, clause or phrase of this
Ordinance is for any reason held to be invalid or unconstitutional, such invalidity
or unconstitutionality shall not affect the validity or constitutionality of the
remaining portions of this Ordinance, as it being hereby expressly declared that
this Ordinance and each section, subsection, sentence, clause or phrase hereof
would have been prepared, proposed, adopted and approved and ratified
irrespective of the fact that any one or more section, subsection, sentence,
clause or phrase be declared invalid or unconstitutional.
Sectiorl 4, The Mayor is hereby authorized to implement such
administrative procedures as may be necessary to carry out the directions of this
legislation.
~ This Ordinance shall take effect and be in force five (5) days
from and after its passage, approval and publication, as provided by law.
INTRODUCED:
PASSED:
APPROVED:
Novem~r 17, 1997
November 17, 1997
November 17~ 1997
CHARLES A. BOOTH
MAYOR
Ordinance No. 5045
November 12, 1997
Page 2
ATI'EST:
D~nielle Daskam
City Clerk
APPROVED AS TO FORM:
Michael J. Reynolds
City Attorney
Published: //-,~- ~ '~
Ordinance No. 5045
November 12, 1997
Page 3