Ordinance 11-016 Confirms Property Tax Levy for 2012 CITY OF SPOKANE VALLEY
SPOKANE COUNTY WASHINGTON
ORDINANCE NO. 11-016
AN ORDINANCE OF THE CITY OF SPOKANE VALLEY, SPOKANE COUNTY,
WASHINGTON, CONFIRMING THE CITY PROPERTY TAX LEVY AT $10,732,862.64,
REPRESENTING NO CHANGE FROM THE AD VALOREM PROPERTY TAX LEVY WHICH
WAS LEVIED IN 2010 FOR COLLECTION DURING THE 2011 FISCAL YEAR, PURSUANT
TO RCW 84.55.120,PROVIDING FOR SEVERABILITY,AN EFFECTIVE DATE,AND OTHER
MATTERS RELATING THERETO.
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,the City's actual levy from the previous year was$10,732,862.64;and
WHEREAS, Initiative 747 (RCW Chapter 84.55) provides 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 as measured by the implicit price deflator or 1% of the highest lawful levy, plus any additional
value resulting from new construction, improvements and state assessed property; and
WHEREAS, an increase or decrease in property tax revenue may be authorized by the City
through adoption of a separate ordinance, pursuant to notice, specifically authorizing the increase or
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 $0, 0% change in the
City's ad valorem property tax levy in 2011 for the 2012 fiscal year. State law authorizes the City to
increase or decrease its property taxes from a preceding year but add new construction, improvements and
State assessed property. The tax levy is expected to be $10,732,862.64, exclusive of additional revenue
resulting from new construction, improvements to property, any increase in the value of state assessed
property, any annexations that have occurred and refunds made, which is levied through Ordinance 11-
015 and 11-016 and appropriated in the 2012 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 fmancial requirements of the
City for 2012, finds and determines that an ad valorem property tax levy of
$10,732,962.64(representing a$0 and 0%change)will balance the 2012 budget.
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Section 3. Ad Valorem Property Tax Levy Unchanged. Pursuant to RCW 84.55, the
City,by adopting Ordinance 11-016 will impose a$0 or 0%change in the regular ad valorem property tax
levy,which will be collected in the City's 2012 Fiscal Year.
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 Assessor's 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 Spokane Valley City Council this 25t day of October,2011.
_ -- •=— _ —
omas E. owey,Mayor
AT ,.;:
A A--
Christine Bainbridge,City Clerk
Approved as to Form:
Office he City AtUarrtey
Date of Publication: /1 4 2/
Effective Date: 1/ —
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