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HomeMy WebLinkAboutO-2879 - 2012 tax levy (Special)CITY OF MARYSVILLE Marysville, Washington ORDINANCE NO. ~g7 9 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 2012. WHEREAS, the City Council of the City of Marysville has met and considered its budget for the calendar year 2012; and WHEREAS, the City of Marysville's actual levy amount from the previous year was $12,537,199; and, WHEREAS, the population of the City of Marysville is more than 10,000; WHEREAS, on November 28, 2011 a public hearing was held by the Marysville City Council to consider public comment concerning the real property tax levy amount proposed by this ordinance; 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 at a public hearing duly noticed and held on November 28,2011, 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 Option B -Prop Taxes 1% 2012 11/23/2011 Page 1 of 2 Wmv/Ord.PROPTXLEVY,R have occurred and refunds made, in order to discharge the expected expenses and obligations of the City. Section 2: The dollar amount of the increase over the actual Regular property tax levy amount from the previous year shall be $125,372 which is a percentage increase of one percent (1%) from the previous year. This increase is exclusive of additional revenue resulting from new construction, improvements to property, newly constructed wind turbines, any increase in the value of state assessed property, any annexations that have occurred and refunds made. ~ Adopted this a'6 day of November, 2011. CITY OF MARYSVILLE JON NEHRING, MAY AzaB~ IO~~-'A I 'BRIEN, DEPUTY CITY CLERK GRANT WEED, CITY ATIORNEY Option B -Prop Taxes 1% 2012 1112312011 Page 2 of 2 WmvlOrdPROPTXLEVY,R