HomeMy WebLinkAboutO-2978 - Continues the Central Marysville annexation sales and use tax (3.85)CITY OF MARYSVILLE
Marysville WA, Washington
ORDINANCE NO. Zi f Jo
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 2015
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 its
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, under the
circumstances of this annexation, to impose a sales and use tax as authorized with that tax
being a credit against the state tax; and
WHEREAS, with the passage 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 of at
least $13,988, 782 to provide municipal services to the annexation area exceeds the
projected general revenue estimated to be $10,813,518 that the City would otherwise
receive from the Central Marysville Annexation Area on an annual basis and which results
in an estimated revenue shortfall of $3, 175,265; 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.
20 I 5 Annexation Sales & Use Tax Ordinance
NOW THEREFORE, the City Council of the City of Marysville, Washington,
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
for2015.
Section 2. Certification of costs to provide municipal services to Central
Marysville Annexation Area. In accordance with RCW 82.14.415(9), it is hereby
certified that the costs to provide municipal services to the Central Marysville Annexation
Area fiscal year 2015 is $13,988, 782.
Section 3. Threshold amount. The threshold amount for the Central Marysville
Annexation Area for fiscal year 2015 for imposing the sales and use tax credit under RCW
82.14.415 is $3,175,265.
Section 4. Effective Date. This Ordinance shall be effective (5) five days following
adoption and publication.
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PASSED by the City Council and APPROVED by the Mayor this ff__ day of
December, 2014.
APRJL O'BRIEN, Deputy City Clerk
APPROVED AS TO FOR~:
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1GRANT WEED, City Attorney
20 15 Annexation Sales & Use Tax Ordinance