HomeMy WebLinkAbout4614 Ordinance - 2023 Ad Valorem Property Tax Levy Increase - Zero-Percent Increase From 2022ORDINANCE NO. 4614
AN ORDINANCE OF THE CITY OF PASCO, WASHINGTON,
PROVIDING FOR AN INCREASE IN THE REGULAR PROPERTY TAXES OF
THE CITY FOR LEVY IN 2022 AND COLLECTION IN THE 2023 TAX YEAR;
PRESERVING LEVY CAPACITY FOR FUTURE YEARS; AND PROVIDING
FOR RELATED MATTERS.
THE CITY COUNCIL OF THE CITY OF PASCO, WASHINGTON DO ORDAIN
AS FOLLOWS:
§l. Findings and Determinations. The City Council (the "City Council") of the City of
Pasco, Washington (the "City"), makes the following findings and determinations:
(a) RCW 84.55.120(1) provides that the City Council must hold a public hearing on
revenue sources for the following year's current expense budget and that the hearing
must include consideration of possible increases in property tax revenues and must be
held prior to the time the City levies the taxes.
(b) RCW 84.55.120(3) provides that the City may not authorize an increase in property tax
revenue from the previous year except by adoption of a separate ordinance or
resolution, pursuant to notice, specifically authorizing the increase in terms of both
dollars and percentage.
(c) Pursuant to proper notice, the City Council held a public hearing on October 17, 2022
(the "Hearing"), to consider the City's 2023 revenue sources, along with consideration
of possible increases in property tax revenues.
(d) The City's actual levy amount from the previous year was $11,818,073.
(e) The City has a population that is greater than 10,000.
(f) The City Council, after the Hearing and after duly considering all relevant evidence
and testimony presented, determined that the City requires 0% in allowable increase in
property tax revenue from the previous year, in addition to revenue resulting from the
addition of new construction and improvements to property, newly constructed wind
turbines, solar, biomass and geothermal facilities, if the facilities are not state assessed,
any increase in the value of state -assessed property, any annexations that have occurred
and any refunds made, in order to discharge the expected expenses and obligations of
the City and in its best interest.
§2. Property Tax Increase Authorized. An increase in the regular property tax levy of
the City is authorized for the levy to be collected in the 2023 tax year. The dollar amount of the
increase over the actual levy amount from the previous year is $0 (zero dollars), which is a
percentage increase of 0% (zero percent) from the previous year. This increase is exclusive of
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additional revenue resulting from new construction, improvements to property, any increase in
assessed value due to construction of wind turbine, solar, biomass and geothermal facilities, if the
facilities are not state assessed, any increase in the value of state assessed property, any
annexations that have occurred, any refunds made.
§3. Transmittal. The City Clerk is authorized and directed to transmit a certified copy of
this ordinance to the Franklin County Assessor on or before November 30, 2022.
§4. General Authorization and Ratification. The City Manager, the Finance Director of
the City, the City Clerk and other appropriate officers of the City, and each of them acting alone,
are authorized and directed to take any action and to execute any document as in their judgment
may be necessary or desirable to effectuate the provisions of this ordinance. All prior actions in
furtherance of and consistent with the terms of this ordinance are ratified and confirmed.
§5. Effective Date. This Ordinance takes effect five (5) days after passage and publication.
PASSED by the City Council of the City of Pasco, Washington, this 17th day of October,
01110M
Mayor
ATTEST:
Debra Barham, CMC
City Clerk
Published: F Zc�Z
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APPROVED AS TO FORM: