HomeMy WebLinkAboutR-1865 - Intent to increase the regular Property Tax Levy to 101.9% of the 1997 LevyCITY OF MARYSVILLE
Marysville, Washington
RESOLUTION NO./8t~
RESOLUTION OF INTENT TO INCREASE THE
REGULAR PROPERTY TAX LEVY TO 101.9% OF THE
1997 LEVY.
WHEREAS, the City of Marysville has met and considered its budget for the
calendar year 1998, and
WHEREAS, the City of Marysville in the course of considering the budget for
1998 has reviewed all sources of revenue and examined all anticipated expenses and
obligations, and
WHEREAS, the City of Marysville has determined there is a substantial need to
increase the regular property tax limit factor at the rate of inflation which is 101.9%;
NOW,THEREFORE,BE IT RESOLVED BY THE CITY COUNCIL OF THE CITY
OF MARYSVILLE,WASHINGTON AS FOLLOWS:
The regular levy for the calendar year 1998 has been considered and therefore,
regular property taxes will be increased by 101.9% of which could have been lawfully
levied.
PASSED by the City Council and APPROVED by the Mayor this J.'I-bA.day of
November, 1997.
CITY OF MARYSVILLE
By UtdlutMM
MAYOR
A~~By .
CITY CLERK
Approved as to form:
By,A..ct<.U"peQ
CITY ATIORNEY