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HomeMy WebLinkAboutORD 5988CITYOFRENTON,WASHINGTONORDINANCENO.5988ANORDINANCEOFTHECITYOFRENTON,WASHINGTON,RELATINGTOTHEREGULARPROPERTYTAXLEVIESFORCOLLECTIONIN2021,IMPLEMENTINGRCW84.55.0101ANDFINDINGSUBSTANTIALNEEDTOINCREASETHEREGULARPROPERTYTAXLIMITFACTORABOVETHERATEOFINFLATIONTOONEPERCENTf1%),FORATOTALLIMITFACTOROFONEHUNDREDANDONEPERCENT(101%),PROVIDINGFORSEVERABILITY,ANDESTABLISHINGANEFFECTIVEDATE.WHEREAS,Chapter84.55RCWestablishesthe“LimitationsUponRegularPropertyTaxes”whichalltaxingjurisdictionsmustuseincalculatingtheamountofregularpropertytaxlevywhichmaybeleviedtoprovidegovernmentalservices;andWHEREAS,thelimitationisgenerallyrestrictedtoa“limitfactor”,whichisequaltothelowerofonepercent(1%)orinflation.Inflationismeasuredasthepercentagechangeinthe“implicitpricedeflator”(IPD)aspublishedforthemostrecenttwelve(12)-monthperiodbytheFederalDepartmentofCommerceinSeptemberoftheyearbeforethetaxesarepayable;andWHEREAS,theSeptember2020IPDissixtenthspercent(0.6%),therefore,theCity’s2021PropertyTaxlevywouldbeonehundredandsixtenthspercent(100.6%)oftheregularpropertytaxesleviedbytheCityin2020,togetherwithcertainincreasesinassessedvaluationsassetforthbylaw;andWHEREAS,notwithstandingtheforegoinggenerallimitations,RCW84.55.0101permitstheCitytoadopt,asalimitfactor,apercentageincreaseuptoonehundredandonepercent(101%)providedtheCouncilentersafindingofsubstantialneedandapprovestheincreasedlimitfactorbyaffirmativevoteofamajorityplusonevote;and1 ORDINANCENO.5938WHEREAS,theCitycontinuestofacecostsassociatedwithlaborcontracts,benefits,andprofessionalservicesincreasingatafasterratethantheCity’sprimaryrecurringrevenuesources;andWHEREAS,theCouncilhasheldapublicheatingregardingthe2021/2022BiennialBudgetwhichincludedconsiderationofrevenuesourcesforanticipatedcurrentexpensetoprovideCityservicesandpossibleincreasesinpropertytaxrevenues;andWHEREAS,theCouncilhasconsideredtheeffectofincreasingthetaxlevyandtheincreasedservicedemandsfromthoseinneed;andWHEREAS,basedontheabovefindings,theCouncilfindsthatasubstantialneedexiststosetthepropertytaxlimitfactoratonehundredandonepercent(101%)ofthe2020propertytaxlevy;NOW,THEREFORE,THECITYCOUNCILOFTHECITYOFRENTON,WASHINGTON,DOORDAINASFOLLOWS:SECTIONI.TheabovefindingsaretrueandcorrectinallaspectsandsubstantialneedexistsfortheCityCounciltolevy2021propertytaxatonehundredandonepercent(101%)ofthepropertytaxleviedfor2020,pursuanttoRCW84.55.0101,toproducerevenuessufficienttomeetfutureexpenses.SECTIONIl.ThisordinancehasbeenpassedbytheaffirmativevoteofatleastamajorityplusoneofthewholemembershipoftheCouncil.SECTIONIll.Ifanysection,subsection,sentence,clause,phraseorworkofthisordinanceshouldbeheldtobeinvalidorunconstitutionalbyacourtorcompetentjurisdiction,2 ORDINANCENO.5988suchinvalidityorunconstitutionalitythereofshallnotaffecttheconstitutionalityofanyothersection,subsection,sentence,clause,phraseorwordofthisordinance.SECTIONIV.Thisordinanceshallbeinfullforceandeffectthirty(30)daysafterpublicationofasummaryofthisordinanceintheCity’sofficialnewspaper.Thesummaryshallconsistofthisordinance’stitle.PASSEDBYTHECITYCOUNCILthis9thdayofNovember,2020.Jasont.Seth,C’ClerkAPPROVEDBYTHEMAYORthis9thdayofNovember,200.ArmondoPavone,MayorApprovedastoform:ShaneMaloney,CityAttorneyDateofPublication:11/12/2020(Summary)ORD:2136:10/26/20203