Ordinance 10-021 Decrease 1% property tax CITY OF SPOKANE VALLEY
SPOKANE COUNTY WASHINGTON
ORDINANCE NO. 10-021
AN ORDINANCE OF THE CITY OF SPOKANE VALLEY, SPOKANE COUNTY,
WASHINGTON, CONFIRMING THE CITY PROPERTY TAX LEVY AT $10,700,000, A
DECREASE OF 1% (599,500) FROM THE AD VALOREM PROPERTY TAX LEVY WHICH
WAS LEVIED IN 2009 FOR COLLECTION DURING THE 2010 FISCAL YEAR, PURSUANT
TO RCW 84.55.120,PROVIDING FOR SEVERABILITY, AND AN EFFECTIVE DATE
WHEREAS, State law authorizes the City of Spokane Valley to levy regular property taxes upon
the taxable property within the City limits in order to provide revenue for the annual Current Expense
Budget of the City;and
WHEREAS, Initiative 747 (RCW Chapter 84.55) provided that cities with a population of over
10,000 persons can increase the amount of their regular property taxes annually by the lesser amount of
inflation or 1% of the highest lawful levy, plus any additional value resulting from new construction,
improvements and state assessed property;and
WHEREAS, a decrease in property tax revenue may be authorized by the City through adoption
of a separate ordinance, pursuant to notice,specifically authorizing the decrease stated in terms of dollars
and percentage.
NOW THEREFORE, the City Council of the City of Spokane Valley, Washington, do ordain as
follows:
Section 1. Purpose. The purpose of this Ordinance is to confirm a decrease of 1%
($99,500) in the City's property tax levy in 2010 for the 2011 fiscal year. State law authorizes the City to
decrease its property taxes from a preceding year but add new construction, improvements and State
assessed property. The tax levy is expected to be $10,700,000 , which is levied through Ordinance 10-
and appropriated in the 2011 City Budget.
Section 2. Findings.
A. The City, after public hearings, will adopt a balanced Current Expense Budget that sets
forth citizen priorities and promotes the health,welfare and safety of the City.
B. The City published notice of this Ordinance through the procedure used to notify the
public of regular Council meetings.
C. To support the adopted Current Expense Budget of the City and provide for the delivery
of services, the making of improvements and the promotion of the health, welfare and
safety of the citizens, the City Council, after considering the financial requirements of
the City for 2011, finds and determines that an ad valorem property tax levy of
$10,700,000(a decrease of 1"/or$99,500)will balance the 2011 budget.
Section 3. 1%Decrease. Pursuant to RCW 84.55,the City,by adopting Ordinance 10-020
will impose a decrease in the regular Ad Valorem Property Tax Levy, which was passed in 2009 and
collected in the City 2010 Fiscal Year.
Ordinance 10-021 Confirm 1%decrease in property tax levy Page 1 oft
Section 4. City Clerk. The City Clerk shall certify a copy of this Ordinance and forward
the same to the Board of County Commissioners and the Spokane County Assessors Office upon its
passage.
Section 5. Severability. If any section, sentence, clause, or phrase of this ordinance should
be held to be invalid or unconstitutional, such decision shall not affect the validity or constitutionality of
any other section, sentence,clause,or phrase of this ordinance.
Section 6. Effective Date. This ordinance shall be in full force and effect five(5)days after
publication of this ordinance or a summary thereof in the official newspaper of the City as provided by
law.
Passed by the City Council of the City of Spokane Valley on September 28,2010.
Thomas E. Towey,Mayor -
AT
Christine Bainbridge, City Clerk
<Approved as to Form:
Office f the the City Attorney
Date of Publication: j c) -81 —/0
Effective Date: /cl _/ 3 —i
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