HomeMy WebLinkAboutO-2750 - 2009 tax levy (Special) (3)CITY OF MARYSVILLE
Marysville,Washington
ORDINANCE NO..;nSD
An Ordinance ofthe 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 2009 and levying taxes in addition to the
regular property tax for payment of debt service on the City's unlimited General
Obligation Bonds, 1986 and refunded in 1996.
WHEREAS,the City Council of the City of Marysville has met and considered its
budget for the calendar year 2009; and has held public hearings on October 21, 2008,
and November 10, 2008; and
WHEREAS,the City of Marysville's actual levy amount from the previous year
was $8,663,658.00;and,
WHEREAS,the population of the City of Marysville is more than 10,000;
NOW,THEREFORE,THE CITY COUNCIL OF THE CITY OF MARYSVILLE,DO
ORDAIN AS FOLLOWS:
Section 1.After hearing and after duly considering all relevant evidence and
testimony presented, the City Council has determined that the City of Marysville
requires a regular levy in the amount of $9,300,000.00,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 that
have occurred and refunds made, in order to discharge the expected expenses and
obligations of the City.
Option A -Prop Taxes 0%Banked 2009
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Wmv/Ord.PROPTXLEVY.R
11/13/2008
Section 2: An increase in the regular property tax levy is hereby authorized for
the 2009 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 in the
value of state assessed property, and any additional amounts resulting from any
annexations that have occurred and refunds made.
Section 3: For the year 2009, 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 $226,673.
.7</-J.-bAdoptedthisIdayoft-J (J1J-e.~/~
ATTEST:
Approved as to form:
By !J.&nJ:/G r.Jg 9,qQ
7 CITY ATTORNEY
Option A -Prop Taxes 0%Banked 2009
11/13/2008
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Wmv/Ord,PROPTXLEVY,R
,2008.
CITY OF MARYSVILLE
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MAYOR