HomeMy WebLinkAboutO-2889 - Continues the Central Marysville annexation sales and use tax (3.85)CITY OF MARYSVILLE
Marysville WA, Washington
ORDINANCE NO. :J. !?5'j
AN ORDINANCE OF THE CITY OF MARYSVILLE, WASHINGTON,
AUTHORIZING THE CITY OF MARYSVILLE TO CONTINUE TO
IMPOSE A SALES AND USE TAX AS AUTHORIZED BY RCW
82.14.415 AS A CREDIT AGAINST STATE SALES AND USE TAX;
CERTIFYING THE COSTS TO PROVIDE MUNICIPAL SERVICES
TO THE CENTRAL MARYSVILLE ANNEXATION AREA; AND
SETTING A NEW THRESHOLD AMOUNT FOR FISCAL YEAR 2012
RELATING TO ANNEXATIONS.
WHEREAS, state law authorizes the reallocation of the sales tax already collected
by the state to be remitted to the City to assist with funding the costs of certain newly
annexed areas; and
WHEREAS, the City Council of the City of Marysville, Washington, adopted
Ordinance No. 2792, annexing the Central Marysville Annexation Area with a population
of at least 20,000 people, effective December 30,2009 ("Central Marysville Annexation
Area"); and
WHEREAS, pursuant to RCW 82.14.415, the City is authorized to impose a sales
and use tax with that tax being a credit against the state tax; and
WHEREAS, with the adoption of Ordinance No. 2799 in November 2009, the City
imposed such a sales and use tax under RCW 82.14.415 for the Central Marysville
Annexation Area; and
WHEREAS, the City Council finds and determines that the projected cost to
provide municipal services to the annexation area is at least $8,749,848 which amount
exceeds the projected general revenue estimate of $5,544, 194 that the City would
otherwise receive from the Central Marysville Annexation Area on an annual basis and
that said amount results in an estimated revenue shortfall of$3,205,654; and
WHEREAS, due to said revenue shortfall, the City Council finds that it is
appropriate to continue said sales and use tax for the Central Marysville Annexation Area
under the authority of RCW 82.14.415.
NOW THEREFORE, the City Council of the City of Marysville, Washington,
WIM-OS-Q63/2012 Annexation Sales & Use Tax Ordinance.
does ordain as follows:
Section 1. Continuation of sales and use tax under authority of RCW 82.14.415
and Ordinance No. 2799. The continuation of the sales and use tax for the Central
Marysville Annexation Area as previously authorized and imposed pursuant to RCW
82.14.415 and Ordinance No. 2799 at a tax rate of 0.2% is hereby authorized and renewed
for 2012.
Section 2. Certification of costs to provide municipal services to Central
Marysville Annexation Area. In accordance with RCW 82.14.415(9), the City hereby
certifies that the costs to provide municipal services to the Central Marysville Annexation
Area fiscal year 2012 is $8,749,848.
Section 3. Threshold amount. The threshold amount for the Central Marysville
Annexation Area for fiscal year 2012 for imposing the sales and use tax credit under RCW
82.14.415 is $3,205,654.
Section 4. Effective Date. This Ordinance shall be effective (5) five days following
adoption and publication and shall be transmitted to the State Department of Revenue.
·Ii.... PASSED by the City Council and APPROVED by the Mayor this 1..1 day of
February, 2012. ) , • •
/ ~~~ JO~HRING, Mayor D
ATTEST:
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,~~ /)11 '.,'/ i)t/J\tV )7
GRANT WEED, City Attorney
WIM-08-063/2012 Annexation Sales & Use Tax Ordinance.