HomeMy WebLinkAboutO-2546 - 2005 property tax levy (Special)CITY OF MARYSVILLE
Marysville,Washington
ORDINANCE NO.25'/ft;
RCW 84.55.120
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An Ordinance of the City of Marysville levying regular taxes upon all property
real, personal and utility subject to taxation within the corporate limits of the City
of Marysville,Washington for the year 2005.
WHEREAS,the City Council of the City of Marysville has met and considered its
budget for the calendar year 2005; and
WHEREAS,the City Council of the City of Marysville after hearing and after duly
considering all relevant evidence and testimony presented, determined that the City of
Marysville requires a regular levy in the amount of $4,694,000, which includes an
increase in property tax revenue from the previous year, and amounts resulting from the
addition of new construction and improvements to property and any increase in the
value of state-assessed property, and amounts authorized by law as a result of any
annexations the have occurred and refunds made, in order to discharge the expected
expenses and obligations of the City and in its best interest; now, therefore,
BE IT RESOLVED by the City Council of the City of Marysville that there shall be
no increase in the regular property tax levy for the 2005 levy.
The amount levied is exclusive of additional revenue resulting from the addition of new
construction and improvements to property and any increase in the value of state
assessed property, and any additional amounts resulting from any annexations that
have occurred and refunds made.
Taxes2004
Page 1 012
11/912004
For the year 2005, the amount of taxes to be levied, in addition to regular property tax,
for payment of debt service on the City's Unlimited Tax General Obligation bonds, 1986,
which were refunded in 1996, is $231,475.
Adopted this Rf::/.....day of bJD~
ATTEST:
BY~lCITYCl;RK
Approved as to form:
BY.~k.,~
CITY ATTORNEY
Taxes2005
Page 2 0'2
,2004.
CITY OF MARYSVILLE
Mayor
11/312004