HomeMy WebLinkAboutO-2603 - 2006 tax levy (Special)CITY OF MARYSVILLE
Marysville,Washington
ORDINANCE NO.2-&03
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 2006.
WHEREAS,the City Council of the City of Marysville has met and considered its
budget for the calendar year 2006; 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 $5,127,809,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,
The City Council of the City of Marysville do Ordain as follows: An increase in the
regular property tax levy is hereby authorized for the 2005 levy in the amount of $0
which is a percentage increase of 0% from the previous year.
This increase is exclusive of additional revenue resulting from the addition of new
construction and improvements to property and any increase inthe value of state
assessed property, and any additional amounts resulting from any annexations that
have occurred and refunds made.
Prop Taxes 00/0 2006
11/2912005
Page 10f2
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For the year 2006, 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 $228,801.
Adopted this z.'6~day of Novemher
ATIEST:
Bib~CITY CLERK
Approved as to form:
By2J~k~wJ?J2-e/
CITY ATIORNEY
Prop Taxes 0% 2006
1112912005
Page 20(2
,2005.
CITY OF MARYSVILLE
Mayor