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928 Ad ValoremCity of Yelm Ordinance No. 928 (RCW 84.55.120) AN ORDINANCE relating to finance and setting the amount fixed as Ad Valorem for the regular levy of property tax necessary to raise revenues for essential expenditures for the City of Yelm for the fiscal year 2011. WHEREAS, the City Council of the City of Yelm met and considered its budget for the calendar year 2011; and WHEREAS, a duly advertised public hearing to consider the 2011 regular property tax levy rate was held as part of the regular city council meeting on Tuesday, November 23, 2010; NOW THEREFORE, the Cit~Council of the City of Yelm do ordain as follows: Section 1. The Yelm City Council determined that the City of Yelm requires a regular levy in the amount of $1,162,603.18, which includes amounts resulting from the addition of new construction and improvements to property and any increase or decrease in the value of state-assessed property, and amounts authorized by law as a result of any annexations that have occurred and $1,967.86 refunds made, in order to discharge the expected expenses and obligations of the district and in its best interest. Section 2. An increase in the regular property tax levy is hereby authorized for the 2011 levy in the amount of $11,185.69 which is an increase of 1 % .This increase is exclusive of additional revenue resulting from new construction, improvements to property, any increase in the value of state assessed property, any annexations that have occurred and refunds made. Section 3. For the fiscal year beginning January 1 and ending December 31 of 2011, the Yelm City Council hereby levies the prior year's tax rate of $2.012588262166 per thousand dollars of assessed valuation to new construction and added improvement values of $15,343,500 as determined by the Thurston County Assessor, yielding $30,880.15 in taxes for New Construction and added Improvement Values. Section 4. State Assessed Utility Value reported at $13,441,575. Section 5. A Certified Budget request or estimate is filed with the County Legislative Authority, separate from this ordinance. As required by RCW 84.52.020, that filing certifies the total amount to be levied Legal/2006/861 Page 1 of 2 by the regular property tax levy on the Department of Revenue provided form for this purpose, REV 64 0100, "Levy Certification". Certification is made in a manner prescribed by the County Legislative Authority. Section 6. Effective Date: This ordinance shall become effective five days following passage, approval and publication as provided by law. Section 7. Severability. If any section, subsection, paragraph, sentence, clause, or phrase of this ordinance is declared unconstitutional or invalid for any reason, such decision shall not affect the validity of the remaining portion of this ordinance. ADOPTED this 23th day of November, 2010. Co ncilm be J ~~-~, Councilmem er ~~-, l' ~- fCouncilmember Authenticated: anine Schnepf, City lerk uncilmember Councilmember .. -'~ :;~ --__ Chu cilme be /~ -~ , ~, f , ~, ~ ~ ~ ~ - U Councilmember PUBLISHED: Nisqually Valley News, December 3, 2010 Legal/2006/861 Page 2 of 2 Department of Cevenue Washington State Levy Certification Submit this document to the county legislative authority on or before November 30 of the year preceding the year in which the levy amounts are to be collected and forward a copy to the assessor. In accordance with RCW 84.52.020, I, Janine A. Schnepf , (Name) City Clerk ,for City of Yelm , do hereby certify to (Title) (District Name) the Thurston (Name of County) County legislative authority that the Yelm City Council (Commissioners, Council, Board, etc.) of said district requests that the following levy amounts be collected in 2011 as provided in the district's (Year of Collection) budget, which was adopted following a public hearing held on Regular Levy: $1,162,603.18 (State the total dollar amount to be levied) Excess Levy: 11/23/10 (Date of Public Hearing) (State the total dollar amount to be levied) Refund Levy: (State the total dollar amount to be levied) Signature: ,~',~ ~l~ ~~~~ Date: November 23, 2010 For tax assistance, visit http://dor.wa.eov/contentltaxes/properly/default.aspx or call (360) 570-5900. To inquire about the availability of this document in an alternate format for the visually impaired, please call (360) 705-6715. Teletype (TTY) users may call 1-800-451-7985. REV 64 O100e (w) (10/7!08)