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HomeMy WebLinkAbout2934 Resolution RESOLUTION NO. 2-13`f A RESOLUTION SUPPORTING THE PASCO SCHOOL DISTRICT 2006 SPECIAL REPLACEMENT (M&O) TAX LEVY. WHEREAS, in 2004 Pasco voters approved the two-year Pasco School District maintenance and operations levy; and WHEREAS,the levy will expire in December 2006; and WHEREAS, a two-year replacement levy will be needed to fund maintenance and operations for the years 2007 and 2008, as well as help fund anticipated increases in school enrollment; and WHEREAS, the 2006 replacement levy provides continued funding for school maintenance and operations; and WHEREAS, the rate appearing on the ballot for the replacement levy is estimated at approximately $4.45 per thousand dollars of assessed valuation, or $445 on a $100,000 home; and WHEREAS, historically, the actual amount of the levy has been lower than the estimated rate; and WHEREAS, now the most recent property valuation of the County Auditor indicates the actual amount of the levy will be approximately$4.22 per $1,000; and WHEREAS, it is in the best interest of the citizens of Pasco to have sufficient school funding; NOW, THEREFORE, THE CITY COUNCIL OF THE CITY OF PASCO, WASHINGTON, DO RESOLVE AS FOLLOWS: Section 1. That the Pasco City Council hereby endorses the Pasco School District 2006 Special Replacement{M&O) Tax Levy to provide necessary school funding. PASSED by the City Council of the City of Pasco at a regular meeting this 17`h day of January, 2006. dtf�?jto oy Olson, Mayor ATTEST: APPROVED AS TO FORM: Webster Jac on, City Clerk Lel . Kerr, City Attorney