HomeMy WebLinkAboutO-2797 - 2010 tax levy (Special)CITY OF MARYSVILLE
Marysville,Washington
ORDINANCE No.:J.7lfr
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 2010 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 2010;and
WHEREAS,the City of Marysville's actual levy amount from the previous year
was $8,875,085;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 duly considering all relevant evidence and
testimony presented, the City Council has determined that the City of Marysville
requires an increase in property tax levy from the previous year, in addition to that
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-PropTaxes0% Banked2010
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Section 2: An increase in the regular property tax levy, in addition to the increase
resulting from the addition of new construction and improvements to property and any
increase in value of state assessed property,and amounts authorized by law as a result
of any annexations that have occurred and refunds made, is hereby authorized for the
2010 levy in the amount of $0 which is a percentage increase of 0%from the previous
year.
Section 3:For the year 2010,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 $226,630.00.
Adopted this,Lb11>.day of No~
ATTEST:
~~~C CLERK
Approved as to form:
By t:JI'..,..J:t<..~
L.CITY ATTORNEY
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,2009.
CllY OF MARYSV~By~;Q~
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