2014/10/01 Council Agenda Packet

J � EVERETT CITY COUNCIL AGENDA ITEM COVER SHEET PROJECT TITLE: An Ordinance levying the 10/1/14 Briefing COUNCIL BILL# C `4 i_5 general taxes for the City of Proposed Action Originating Department FINANCE Everett for fiscal year Consent Contact Person Susy Haugen commencing January 1, 2015, Action Phone Number X8612 on all taxable property,both 10/1/14 First Reading FOR AGENDA OF 10/1/14 real and personal, subject to 10/8/14 Second taxation thereon,for the Reading purpose of raising a portion of 10/15/14 Third Reading the revenue to carry on City 10/15/14 Public Hearing Initialed by: operations for the ensuing Budget Advisory Department Head year, as required by the CAA r. Charter of the City of Everett and the laws of the State of Council President ] Washington Location Preceding.Action Attachments Department(s)Approval Ordinance Amount Budgeted -0- Expenditure Required -0- Account Number(s): Budget Remaining -0- Additional Required -0- DETAILED SUMMARY STATEMENT: This ordinance sets the amount of the City of Everett's 2015 property taxes and directs the Snohomish County Assessor to include them in the property tax levy. As a matter of practice, we estimate the amounts to be used and ask the Assessor to determine and use the correct rates for general property taxes. The ordinance includes the levies for the general fund and EMS. The 2015 property tax ordinance calls for a one percent increase in the regular levy and a 7.4%increase in the EMS levy,which will restore the EMS levy to the amount voters approved in 2010. RECOMMENDATION: Adopt an Ordinance levying the general taxes for the City of Everett for fiscal year commencing January 1,2015,on all taxable property,both real and personal, subject to taxation thereon, for the purpose of raising a portion of the revenue to carry on City operations for the ensuing year, as required by the Charter of the City of Everett and the laws of the State of Washington. 1