HomeMy WebLinkAboutOrdinance 03-055 Levying 2004 Property Taxes CITY OF SPOKANE VALLEY
SPOKANE COUNTY, WASHINGTON
ORDINANCE NO. 55
AN ORDINANCE OF THE CITY OF SPOKANE VALLEY, WASHINGTON, LEVYING
THE REGULAR PROPERTY TAXES FOR THE CITY OF SPOKANE VALLEY,
WASHINGTON IN SPOKANE COUNTY FOR THE YEAR CONLMENCING JANUARY
I,2004 TO PROVIDE REVENUE FOR CITY SERVICES AS SET FORTH IN THE
CITY BUDGET.
WHEREAS, State law authorizes the City of Spokane Valley to levy regular property
taxes upon the taxable property within the corporate limits in order to provide revenue for the
2004 current expense budget of the City;
WHEREAS, following the incorporation of the City of Spokane Valley, the property
located within the City is no longer subject to the County Road tax and the City is authorized to
levy a property tax in a lesser amount;
WHEREAS, the City of Spokane Valley is authorized to levy $3.60 per thousand of
assessed valuation deducting therefrom levies collected by a Fire District and Library District in
the total amount of$2.00 per one thousand dollars of assessed valuation;
WHEREAS, RCW 84.52.020 requires the City Council on or before the 15th day of
November to certify budget estimates to the clerk of the Spokane County Board of
Commissioners including amounts to be raised by taxing property within the limits of the City;
and
WHEREAS, the City Council pursuant to notice will hold a public hearing on the
proposed budget estimates for 2004 including revenue sources which will fund the provision of
services.
NOW, THEREFORE, the City Council of the City of Spokane Valley, Washington, do
ordain as follows:
Section 1. 2004 Levy Rate. There shall be and is hereby levied and imposed upon
real property, personal property and utility property, as defined in RCW Chapter 84.02 and
84.55.005 in the City of Spokane Valley, Washington a regular property tax for the year
commencing January 1, 2004 at a rate of$2.10 per one thousand dollars of assessed valuation. It
is recognized that fire districts currently levy upon property within the City at the rate of$1.50
per one thousand of assessed valuation and the City intends to provide $.50 per one thousand
dollars of assessed valuation pursuant to contract for library services with the Spokane County
Public Library District.
The regular property tax levied through this ordinance is for the purpose of receiving
revenue to make payment upon the general indebtedness of the City of Spokane Valley, the
Page 1
P:1OrdinanccslOrdinance No.55-Prop.tax.doc
L_.
general fund obligations and for the payment of services for the City during the 2004 calendar
year. The City further recognizes that this ordinance shall be amended when the City Finance
Director obtains from the Spokane County Assessor the property valuation projections within the
City such that the Finance Director may determine, with reasonable accuracy, the amount of
property tax to be collected within the City of Spokane Valley. The purpose of this ordinance is
to establish the levy rate as permitted by law.
Section 2. Notice of Spokane County. Pursuant to RCW 84.52.020, the City Clerk
shall certify to the County Legislative Authority a true and correct copy of this ordinance, as well
as, the budget estimates adopted by the City Council in order to provide for and direct the taxes
levied herein that shall be collected and paid to the City of Spokane Valley at the time and in the
manner provided by the laws of the State of Washington.
Section 3. Severability. If any section, sentence, clause or phrase of this ordinance
shall be held to be invalid or unconstitutional by a court of competent jurisdiction, such
invalidity or unconstitutionality shall not affect the validity or constitutionality of any other
section, sentence, clause or phrase of this ordinance.
Section 4. Effective Date. This Ordinance shall be in full force and effect on the
official date of incorporation provided publication of this Ordinance or a summary thereof occurs
in the official newspaper of the City as provided by law.
PASSED by the City Council this (lay of March, 2003.
c'fAX .
Mayor, Michael DeVlemin
?. ,---44-14- 7124e.t6
Interim City Clerk, Ruth Muller
Approved As To Form:
i .ice l
Iiiikriy City A o ney_ Stanley M Schwartz
Date of Publication. /dl Z1 2005
Effective Date:G.771. 3/, ,2.60o3
Page 2
P:\OrdinanceslOrdinantc No.55-Prop.tax.doc