422 AD VALOREM 1%
CITY OF YELM
RESOLUTION NO. 422
(1 % Increase)
A RESOL TUION of the City ofYelm, Washington setting property tax rates for
collection in 2002.
WHEREAS, the City Council of the City ofYelm attests that the population of the City
of Yelm is less than ten thousand; and
WHEREAS. the City of Yelm has properly given notice of budget work sessions held on
October 2, 9, 16, 23, 30 and November 6 and 13, and on the public hearing held on November 14,
2001 to consider the City's revenue sources for the current expense budget for the 2002 calendar
year, pursuant to RCW 84.55.120; and
WHEREAS, the Yelm City Council, after hearing and duly considering all relevant
evidence and testimony presented, determines. that the City ofYelm requires an increase in
property tax revenue from the previous year. in order to discharge the expected expenses and
obligations of the City; and
WHEREAS. this increase is in addition to that resulting from the addition of new
construction and improvements to property and any increase in the value of state-assessed
property .
NOW, THEREFORE, BE IT RESOLVED BY THE CITY COUNCIL OF THE CITY OF
YELM, WASHINGTON
Section I.
An increase in the regular property tax levy, in addition to the increase resulting
from annexations. new construction, improvements to property, and any increase
in the value of state assessed property, is hereby authorized for the year 2001
levy. The dollar amount increase is $5.771 which is an increase of 1 % from the
previous year.
Approved this 14th day of November 2001.
Vote: fJr:5;~: ð
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Adan' Rivas, Mayor
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Attest: "'0.t..¡ )¡)./f¿t..u.v 1 J
A&,!jés P. Bennick. City Clerk
APPROVED: November 14, 2001
Ab\resolution\2001\422-1 Ad Valorem