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HomeMy WebLinkAbout055 10 STATE OF WASHINGTON County of Jefferson In the Matter of Authorizing a Shift 01'$219,550 trom the Road Fund Levy to the General Fund for the 20 II Budget , J , , } RESOLUTION NO. 55-10 WHEREAS, pursuant to RCW 84.52.043, at the option of the County Legislative Authority, some of the unused levy capacity of the County Road Fund may be shifted to the County General Fund, provided that: 1) the rate for the General Fund does not exceed $2.475 per $1,000 of assessed value; and 2) the totallcvy rate for both the General Levy and Road Levy within the County does not exceed $4.05 per $1,000 of assessed value; and 3) no other district has its levy capacity reduced as the result of the shift; and 4) the aggregate oflevy rates for all junior and senior taxing districts, other that the State, does not exceed S5.90 per $1,000 of assessed land value; and, WHEREAS, based on preliminary values, the County Assessor has determined that a shift in the amount of $219,550 from the Road Levy to the General Levy will not contlict with any provisions set forth in RCW 84.52.043; and, WHEREAS, a shift in the amount 01'$219,550 from the Road Levy to the General Levy will not cause the County to increase the total of the two levies in excess of the statutorily allowed 1% increase; and, WHEREAS, in the event of calculations made after final values arc available would contlict with any provisions set forth in RCW 84.52.043, the County Assessor will reduce the levy shift to an amount that will not cause contlict with any provision set forth in RCW 84.52.043; and, WHEREAS. the Board of County Commissioners, after hearing and considering all relevant public comment, has determined that the General Levy requires an increase in property tax revenue trom the previous year in order to meet the expected expenses and obligations, in addition to the taxes on the value of new construction and improvements to property and any increase in the value of state assessed property, and it is in the best interest of the taxpayers ofJefferson County that the amount authorized tor collection in 2011 is increased by $219.550. NOW, THEREFORE BE IT RESOL VED. by the Board of County Commissioners of Jefferson County that the $219,550 be shifted from the Road Levy to the General Levy for collection in 2011. ATTEST: APP,ROVED' and ADOPTED this 6th dav of December. 20 I O. ~. ,-"' - .. ' . ,-, '" .. SE~: \t. "j . JEFFERSON COUNTY BOARD GF COMMISSIO"lERS ~ n /~ .,' ..//"/ ,1/' ,,/ 1, '1 (( << . ,4..';'.11: ~_~ David Sullivan. Chair ""' . fA /ill--- ...1 Vv 1'" Phil JohnS-on, Member ~ . ,', . " ... ; I # I} !.: :: \.i. . ~ "-.' , ., r , {,""-<--. Lorna Delaney, C'vIC Clerk of the Board John Austin, Member