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1015 2017 Ad Valorem Tax LevyCITY OF YELM ORDINANCE NO. 1015 (RCW 84.55.120) AN ORDINANCE OF THE CITY OF YELM 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 2017. WHEREAS, the City Council of the City of Yelm met and considered its budget for the calendar year 2017; and WHEREAS, a duly advertised public hearing to consider the 2016 regular property tax levy rate was held as part of the regular city council meeting on Tuesday, November 08, 2016; WHEREAS, the population of this is district is less than 10,000; NOW THEREFORE, the City Council of the Citv 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 $1,369,840.85 and an additionally levy for the administrative refund in the amount of $20,440.89 in order to discharge the expected expenses and obligations of the city. This amount is derived using the state - assessed property values, amounts resulting from the addition of new construction and improvements to property as authorized by law. Section 2. State Assessed Utility Value reported at $19,255,618. As required by RCW 84.55.120 to report, The City of Yelm actual levy amount from the previous year was $1,206,831.74. The dollar amount of the increase over the actual levy amount from the previous year shall be $112,235.18, which is a percentage increase of 9.30 %. This increase is exclusive of additional revenue resulting from new construction, improvements to property, any increase in the value of state assessed property and any annexations that have occurred. Section 3. 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 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 4. Effective Date: This ordinance shall become effective five days following passage, approval and publication as provided by law. Ord 1015, 2016 Page 1 of 2 Section 5. 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 8'" day of November, 2016, /WHost6i, Wayor Au enticated: Lori Mossman, City Clerk Tad Stillwell Councilmember Tracey 'good Councilmember J6 DePinto Councilmember Russ Hendrickson Councilmember PASSED AND APPROVED; November 8, 2016 PUBLISHED: Nisqually Valley News, October 21, 2016 & October 28, 2016. Ord 1015, 2016 Page 2 of 2 UM& 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, 1, Noah Crocker (Name) Finance Director , for City of Yelm , do hereby certify to (Title) (District Name) the Thurston County legislative authority that the Council (Name of County) (Commissioners, Council, Board, etc.) of said district requests that the following levy amounts be collected in 2017 as provided in the district's (Year of Collection) budget, which was adopted following a public hearing held on 11/08/16 (Date of Public Hearing) Regular Levy:. $1,369,840.85 (State the total dollar amount to be levied) Excess Levy: (State the total dollar amount to be levied) Refund Levy: $20,440.89 (State the total dollar amount to be levied) Signature: Date: r ` -1 For tax assistance, visit htt ): dor,wa,am/co nte nt /taxeeshn ertvldelattlt..asnx 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 0100e (w) (10/7/08)