Ordinance 06-023 Confirming Property Tax Levy CITY OF SPOKANE VALLEY
SPOKAi\`I• COUN`fY WASA..]NGTON
O1ZUli~iA1\`CF NO. Oh-023
AN O1~L~TANCE OF THE CITY OF SPOKANE VALLEY, WASHINGTON, CONFIRMING
THE CITY PROPitiRTY TAX LEVY AT 1."/0 (595,450) I\° EXCESS OF THE 2004 AD
VAi.OREM PROPERTY TAX LEVY ~VAICiI WAS COLLECTED Ii1V THE CITY 2005 FISCAL
YEAR, PURSUANT TO 12CW 84.55.120, PROVIDING FOIr SEV112ABILITY, A.ND AN
EFFECTIA'F DATE
~VI-IC•REAS, State Irrw authorizes the City of Spokane Valley to levy regular properly taxes upon
the taxable property within the City limits in order to provide revenue for the annual Current Expense
Budget of t.hc City;
V14'HEREAS, Initiative 747 (RCN Chapter 84.55) provided that cities with a population of over
10,000 persons c.an increase the amount of their regular property taxes annually by the lesser amount of
inflation or I% of the highest levy, plus any additional value resulting from new construction,
improvements and state assessed property;
WHEREAS, an increase in property txi~ revenue may bc. authorized by the City through adoption
of a separate ordinance, pursuant to notice, specifically authorizing the increase stated in terms of dollars
and percentafc.
NO~V "I"HBREFORE, the City Council of the City of Spokane Valley, Washington, do ordain as
follows:
Section 1. 1'ur ose. The purpose of this Ordinance is to utilize excess leery capacity of the
City that resulted from the trrx levy in 2004 for the 2005 fiscal year. State law authorizes the City to
increase its property taffies by an amount of I % above the highest lawful allowable levy in a preceding
year (excepting new construction, improvements and assessment of State owned property). The taxes
received from the increased levy of $95,450 set forth herein and the regular property tax of $9,520;000
levied through Ordinance 06-022 are. appropriated in the 2007 City Budget, to be adopted through
Ordinance 06-024.
Section 2. Findings.
A. The City, following public hearings, adopted a balanced Current Cxpense 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 2007, finds and determines that there is substantial need to include the I%
increase ($95,450) allowed by State law, to the ad valorem property tax levy of
$9,520;000 which was adopted by a majority plus one of the City Council October 24,
2006 through Ordinance 06-022.
f~rdinancc Uf-U23 Additional PrapTax Puge 1 oft
Section 3. 1% Lncrease. Pursuant to RCW 84.55, the City, by adopting Ordinance Ofi-
022, imposed an increase in the regular property tax leery (in addition to the increase resulting from the
addition of new construction; improvements and the increased value of State assessed property), in the
amount of $95,450 which is a percentage increase of 1% from the 2004 Ad Valorem Property Tax L~e~y,
which was collected in the City 2005 Fiscal Year.
Section 4. Ci Clerk. The Cite Clerk shall certify a copy of this Ordinance and forward
the same to the Board of County Commissioners and the Spokane County Assessors Uffice upon its
passage.
Section 5. Severabilit~~. 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 phrt~se of this ordinance.
Section G. F,ffective Date. 7`his ordinance shall be in full force and effect five (5) da}°s 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 this 24'~ day of October, 2006.
W.
Mayor, Diana Wilhite
A°I"1` °S":
/ ~ _
1
hri`stine Bainbri ge; City Clerk
,Approved as to rorrt~:
rce the City ~A orney
Dace of Publication: //-3 -d ~D
Cfft;ctivc Date: _ ~
Ordinance 06-023 Additional PropTax Page 2 oi' 2
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S okane
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Valle 11707 E. S ra ue Ave. • Suite 106 • S okane Valle , WA 99206
a1 P 9 P Y
(509) 921-1000 • Fax (509) 921-1008 • cityhall@spokanevalley.org
1, Christine T3ainbridge, City Clerk for the City of Spokane Valley, Washington, do hereby certify
that the attached is a full, true, and correct copy of Ordinance Into. 06-023, approved by the Spokane
Valley City Council at its Regular October 2~; 2006 Council meeting.
~~'T'1'hIES~ my hand and official seal this 27`'' day of October, 2006.
Ghris""tine Bainbridg , S okane Valley k "
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10-27-06: Hand delivred 2 certified copies to Ken Thompson, who will take to
appropriate county offices